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Side-by-side financial comparison of KOSS CORP (KOSS) and TIAN RUIXIANG HOLDINGS LTD (TIRX). Click either name above to swap in a different company.

KOSS CORP is the larger business by last-quarter revenue ($2.9M vs $2.0M, roughly 1.4× TIAN RUIXIANG HOLDINGS LTD). TIAN RUIXIANG HOLDINGS LTD runs the higher net margin — -12.3% vs -19.8%, a 7.4% gap on every dollar of revenue. On growth, KOSS CORP posted the faster year-over-year revenue change (-19.6% vs -35.8%). TIAN RUIXIANG HOLDINGS LTD produced more free cash flow last quarter ($263.1K vs $-1.1M).

Koss Corporation is a company in Milwaukee, Wisconsin, US that manufactures headphones. The company created the first high-fidelity stereo headphones in 1958.

Tian Ruixiang Holdings Ltd is a China-based insurance intermediary service provider. It distributes various insurance products including property insurance, casualty insurance and life insurance from multiple partner insurance carriers, catering to both individual and corporate clients mainly across regional markets in mainland China.

KOSS vs TIRX — Head-to-Head

Bigger by revenue
KOSS
KOSS
1.4× larger
KOSS
$2.9M
$2.0M
TIRX
Growing faster (revenue YoY)
KOSS
KOSS
+16.2% gap
KOSS
-19.6%
-35.8%
TIRX
Higher net margin
TIRX
TIRX
7.4% more per $
TIRX
-12.3%
-19.8%
KOSS
More free cash flow
TIRX
TIRX
$1.3M more FCF
TIRX
$263.1K
$-1.1M
KOSS

Income Statement — Q2 FY2026 vs Q2 FY2025

Metric
KOSS
KOSS
TIRX
TIRX
Revenue
$2.9M
$2.0M
Net Profit
$-565.4K
$-248.3K
Gross Margin
29.0%
85.6%
Operating Margin
-35.5%
-6.7%
Net Margin
-19.8%
-12.3%
Revenue YoY
-19.6%
-35.8%
Net Profit YoY
-700.6%
-159.3%
EPS (diluted)
$-0.06
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KOSS
KOSS
TIRX
TIRX
Q4 25
$2.9M
Q3 25
$4.1M
Q2 25
$3.1M
$2.0M
Q1 25
$2.8M
Q4 24
$3.6M
Q3 24
$3.2M
Q2 24
$2.9M
$3.1M
Q1 24
$2.6M
Net Profit
KOSS
KOSS
TIRX
TIRX
Q4 25
$-565.4K
Q3 25
$243.7K
Q2 25
$-232.7K
$-248.3K
Q1 25
$-316.7K
Q4 24
$94.1K
Q3 24
$-419.5K
Q2 24
$-110.4K
$418.9K
Q1 24
$-313.8K
Gross Margin
KOSS
KOSS
TIRX
TIRX
Q4 25
29.0%
Q3 25
40.0%
Q2 25
36.0%
85.6%
Q1 25
39.0%
Q4 24
39.5%
Q3 24
36.6%
Q2 24
40.4%
89.7%
Q1 24
31.9%
Operating Margin
KOSS
KOSS
TIRX
TIRX
Q4 25
-35.5%
Q3 25
-1.1%
Q2 25
-14.2%
-6.7%
Q1 25
-18.7%
Q4 24
-4.0%
Q3 24
-19.9%
Q2 24
-11.0%
18.6%
Q1 24
-23.1%
Net Margin
KOSS
KOSS
TIRX
TIRX
Q4 25
-19.8%
Q3 25
6.0%
Q2 25
-7.5%
-12.3%
Q1 25
-11.4%
Q4 24
2.6%
Q3 24
-13.1%
Q2 24
-3.8%
13.4%
Q1 24
-11.9%
EPS (diluted)
KOSS
KOSS
TIRX
TIRX
Q4 25
$-0.06
Q3 25
$0.03
Q2 25
$-0.02
$-0.02
Q1 25
$-0.03
Q4 24
$0.01
Q3 24
$-0.05
Q2 24
$-0.01
$0.01
Q1 24
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KOSS
KOSS
TIRX
TIRX
Cash + ST InvestmentsLiquidity on hand
$15.5M
$28.0M
Total DebtLower is stronger
$3.5M
Stockholders' EquityBook value
$30.3M
$-16.1M
Total Assets
$36.8M
$6.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KOSS
KOSS
TIRX
TIRX
Q4 25
$15.5M
Q3 25
$16.5M
Q2 25
$15.7M
$28.0M
Q1 25
$13.0M
Q4 24
$9.7M
Q3 24
$11.9M
Q2 24
$14.9M
$27.5M
Q1 24
$9.9M
Total Debt
KOSS
KOSS
TIRX
TIRX
Q4 25
Q3 25
Q2 25
$3.5M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
KOSS
KOSS
TIRX
TIRX
Q4 25
$30.3M
Q3 25
$30.9M
Q2 25
$30.6M
$-16.1M
Q1 25
$30.7M
Q4 24
$31.0M
Q3 24
$30.8M
Q2 24
$31.1M
$32.3M
Q1 24
$31.1M
Total Assets
KOSS
KOSS
TIRX
TIRX
Q4 25
$36.8M
Q3 25
$37.7M
Q2 25
$37.2M
$6.0M
Q1 25
$37.3M
Q4 24
$37.4M
Q3 24
$38.1M
Q2 24
$37.2M
$38.0M
Q1 24
$37.6M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KOSS
KOSS
TIRX
TIRX
Operating Cash FlowLast quarter
$-760.8K
$263.7K
Free Cash FlowOCF − Capex
$-1.1M
$263.1K
FCF MarginFCF / Revenue
-37.5%
13.1%
Capex IntensityCapex / Revenue
10.9%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-546.7K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KOSS
KOSS
TIRX
TIRX
Q4 25
$-760.8K
Q3 25
$762.6K
Q2 25
$-534.9K
$263.7K
Q1 25
$370.4K
Q4 24
$-252.0K
Q3 24
$201.6K
Q2 24
$-174.0K
$-646.8K
Q1 24
$328.6K
Free Cash Flow
KOSS
KOSS
TIRX
TIRX
Q4 25
$-1.1M
Q3 25
$761.5K
Q2 25
$-541.8K
$263.1K
Q1 25
$306.2K
Q4 24
$-314.3K
Q3 24
$-155.6K
Q2 24
$-174.8K
Q1 24
$269.3K
FCF Margin
KOSS
KOSS
TIRX
TIRX
Q4 25
-37.5%
Q3 25
18.7%
Q2 25
-17.6%
13.1%
Q1 25
11.0%
Q4 24
-8.8%
Q3 24
-4.9%
Q2 24
-6.0%
Q1 24
10.2%
Capex Intensity
KOSS
KOSS
TIRX
TIRX
Q4 25
10.9%
Q3 25
0.0%
Q2 25
0.2%
0.0%
Q1 25
2.3%
Q4 24
1.8%
Q3 24
11.2%
Q2 24
0.0%
Q1 24
2.3%
Cash Conversion
KOSS
KOSS
TIRX
TIRX
Q4 25
Q3 25
3.13×
Q2 25
Q1 25
Q4 24
-2.68×
Q3 24
Q2 24
-1.54×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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