Koss (KOSS) Q4 2025 earnings summary

Executive summary

• Fourth quarter sales rose 6.6% year-over-year to $3.08M, driven by strong export and DTC growth.

• Net loss for the quarter widened to $232.7K from $110.4K year-over-year; annual net loss narrowed to $874.8K from $950.9K.

• Full-year sales increased 2.9% to $12.62M, with export and DTC channels offsetting domestic declines.

Financial highlights

• Gross profit for the year was $4.77M, up from $4.19M year-over-year.

• Gross margin improved due to favorable sales mix and higher-margin new products.

• Operating loss for the year was $1.74M, an improvement from $1.87M in the prior year.

• Interest income for the year totaled $879.8K, up from $847.6K year-over-year.

• Basic and diluted loss per share for the year was $0.09, compared to $0.10 last year.

Outlook and guidance

• Anticipates margin pressure from new tariffs on Chinese goods as inventory sells through.

• Expects freight costs to stabilize in the next quarter with a dedicated freight partner.