Koss Corporation Releases Fourth Quarter and Full Year Results
Rhea-AI Summary
Koss Corporation (NASDAQ: KOSS) reported fourth quarter 2026 net sales of $3.26 million, up 5.8% from $3.08 million a year earlier, with net income of $476,801 versus a prior-year net loss of $232,696. Quarterly basic and diluted EPS were $0.05, compared to a $0.02 loss.
For fiscal 2026, net sales rose 3.1% to $13.02 million, driven mainly by a custom headphones sale to an Education customer, stronger direct-to-consumer (DTC) activity, and domestic distributors. The full-year net loss narrowed to $391,464 from $874,831, with EPS improving from a $0.09 loss to a $0.04 loss.
According to Koss, DTC sales grew 36.2% in Q4, koss.com sales increased 45.6%, and selected domestic distributor sales rose about 12%, while European distributor sales declined. A $1.0 million tariff refund contributed to gross margin expansion from 37.8% to 41.9%. The company highlighted a “diversification by acquisition” strategy aimed at adding recurring revenue over the next five years.
Positive
- Q4 2026 net sales up 5.8% to $3.26 million
- Q4 bottom line swung to $476,801 net income from $232,696 loss
- Fiscal 2026 sales grew 3.1% to $13.02 million
- Gross margin improved from 37.8% to 41.9% in fiscal 2026
- Tariff refunds of $1.0 million received in Q4 2026
- DTC and koss.com sales up 36.2% and 45.6% in Q4, respectively
Negative
- Fiscal 2026 net loss remained at $391,464 despite improvement
- Operating loss of $1.51 million for fiscal 2026
- Selling, general and administrative expenses increased to $6.96 million from $6.51 million
- European markets continued to show year-over-year sales declines
News Explained
No ownership change is disclosed; March 31 cash was $1,901,466 and short-term investments were $16,956,081.
Koss reported completed fiscal 2026 results on
At
Sources and calculations
- Koss Corporation Releases Fourth Quarter and Full Year Results (2026-08-27)
- Koss Corporation third-quarter 2026 fundamentals record (2026-03-31)
- Available liquidity against the last reported quarterly operating outflow, in days at that rate ($1,901,466 + $16,956,081) / ($582,645 / 90) = 2912.9 days
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 07 | Q3 earnings report | Negative | -0.5% | Higher sales accompanied by wider losses and lower gross margin. |
| Mar 16 | Acquisition strategy update | Positive | +0.3% | New acquisitions executive appointed to lead diversification initiative. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
KOSS's two recent news events both showed price reactions aligned with the apparent direction of the announcements.
Key Terms
direct-to-consumer financial
gross margin financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
MILWAUKEE, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Koss Corporation (NASDAQ: KOSS) (the “Company”), the U.S. based high-fidelity headphone company, has reported its results for the fourth quarter and fiscal year ended June 30, 2026.
For the three months ended June 30, 2026, net sales of
“Direct-to-consumer (DTC) sales were the biggest contributor to growth for the three months ended June 30, 2026, with an increase of
For the year ended June 30, 2026, sales of
“Full fiscal year sales growth was primarily driven by the custom headphones sale to the Education market, along with strong DTC sales supported by online marketing and social media campaigns, and continued strength in a segment of our domestic distributor business as inventory levels were replenished to adequate levels,” Koss continued. “Tariff refunds of
About Koss Corporation
Koss Corporation markets a complete line of high-fidelity headphones, wireless Bluetooth® speakers, computer headsets, telecommunications headsets, active noise canceling headphones, and wireless headphones.
Forward-Looking Statements
This press release contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "may," "will," "should," “could,” “would,” “shall,” "forecasts," "predicts," "potential," "continue," “seeks,” “goal,” “projects” or the negative of such terms and other comparable terminology. These statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties. Actual events or results may differ materially. In evaluating forward-looking statements, you should specifically consider various factors that may cause actual results to vary from those contained in the forward-looking statements, such as continued future fluctuations in economic conditions; the Company’s ability to successfully develop new products and assess potential market opportunities; the receptivity of consumers to new consumer electronics technologies; the Company’s ability to successfully and profitably market its products; the rate and consumer acceptance of new product introductions; the amount and nature of competition for the Company’s products; pricing; the number and nature of customers and their product orders; the Company’s ability to meet demand for products; production by third party vendors; foreign manufacturing, sourcing, and sales (including foreign government regulation, trade and importation concerns); uncertainties associated with the pandemics and other health crises or natural disasters, including their possible effects on the Company’s operations and its supply chain; changes in trade policies and tariffs, import and export restrictions; the impact of the ongoing conflict in Eastern Europe and the instability in the Middle East on the Company’s operations; the effects of any judicial, executive or legislative action affecting the Company or the audio/video industry; borrowing costs; changes in tax rates; volatility in the price and trading volume of our common stock; the outcome of any litigation, government investigations, enforcement actions or other legal proceedings; any impacts of future acquisitions or other strategic transactions; the possibility that costs or difficulties related to the integration of acquired businesses’ operations will be greater than expected and the possibility that integration efforts will disrupt our business and strain management time and resources; the Company’s ability to retain and hire key personnel and other risk factors described in the Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operations sections in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2026. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances or new information. In addition, such uncertainties and other operational matters are discussed further in the Company's quarterly and annual filings with the Securities and Exchange Commission.
| KOSS CORPORATION | |||||||||||||||
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS | |||||||||||||||
| (Unaudited) | |||||||||||||||
| Three Months Ended | Twelve Months Ended | ||||||||||||||
| June 30, | June 30, | ||||||||||||||
| 2026 | 2025 | 2026 | 2025 | ||||||||||||
| Net sales | $ | 3,263,853 | $ | 3,084,210 | $ | 13,020,773 | $ | 12,624,170 | |||||||
| Cost of goods sold | 1,273,701 | 1,973,166 | 7,568,362 | 7,850,572 | |||||||||||
| Gross profit | 1,990,152 | 1,111,044 | 5,452,411 | 4,773,598 | |||||||||||
| Selling, general and administrative expenses | 1,722,854 | 1,550,243 | 6,964,862 | 6,510,721 | |||||||||||
| Income (loss) from operations | 267,298 | (439,199 | ) | (1,512,451 | ) | (1,737,123 | ) | ||||||||
| Interest income | 213,508 | 212,555 | 883,995 | 879,774 | |||||||||||
| Other income | - | - | 250,000 | - | |||||||||||
| Interest expense | (458 | ) | - | (2,116 | ) | - | |||||||||
| Total other income, net | 213,050 | 212,555 | 1,131,879 | 879,774 | |||||||||||
| Income (loss) before income tax provision | 480,348 | (226,644 | ) | (380,572 | ) | (857,349 | ) | ||||||||
| Income tax provision | 3,547 | 6,052 | 10,892 | 17,482 | |||||||||||
| Net income (loss) | $ | 476,801 | $ | (232,696 | ) | $ | (391,464 | ) | $ | (874,831 | ) | ||||
| Income (loss) per common share: | |||||||||||||||
| Basic | $ | 0.05 | $ | (0.02 | ) | $ | (0.04 | ) | $ | (0.09 | ) | ||||
| Diluted | $ | 0.05 | $ | (0.02 | ) | $ | (0.04 | ) | $ | (0.09 | ) | ||||
| Weighted-average number of shares: | |||||||||||||||
| Basic | 9,466,438 | 9,390,855 | 9,462,904 | 9,363,117 | |||||||||||
| Diluted | 9,466,438 | 9,390,855 | 9,462,904 | 9,363,117 | |||||||||||
| CONTACT: | Michael J. Koss |
| Chairman & CEO | |
| (414) 964-5000 | |
| mjkoss@koss.com |
