Kopin vs M-tron Industries
M-tron Industries reported revenue of $54 million in fiscal 2025, 1.4 times Kopin's $39 million in fiscal 2025. Kopin's revenue fell 21.9% in its latest year, and M-tron Industries' grew 11.0%. Kopin had an operating margin of -25.1%, against 18.9% at M-tron Industries. Free cash flow was −$17 million at Kopin and $8 million at M-tron Industries. Their fiscal years end in different months (December 27 and December 31), so the periods don't line up exactly.
Side by side
| Kopin | M-tron Industries | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 27, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $39M | $54M |
| Revenue growth | −21.9% | 11.0% |
| Revenue growth a year, last 5 years | −0.4% | — |
| Gross margin | — | — |
| Operating margin | −25.1% | 18.9% |
| Net margin | 6.6% | 15.5% |
| Free cash flow | −$17M | $8M |
| Free cash flow margin | −43.2% | 14.9% |
| Return on capital | — | — |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $0M | $0M |
| Change in diluted share count | 31.8% | 11.9% |
| Last close | $3.04 | $60.34 |
| P/E at the last close | — | 22.2× |
| Insider trades, last 12 months | sold $1.9 million | sold $204,229 |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
KopinM-tron Industries
Operating margin
Percent of revenue
KopinM-tron Industries
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
KopinM-tron Industries
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Kopin and M-tron Industries pages.