Koss Corporation (KOSS) Earnings: Q1 Fiscal 2027 Results

The quarter ended September 30, 2026 and Koss Corporation published the results on October 29, 2026. Revenue and diluted EPS are shown against Q1 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Koss's fiscal year ends June 30, so Q1 fiscal 2027 is the quarter ended September 30, 2026. Koss reports in whole dollars; figures here are rounded to thousands and shown in millions.
• Q1 fiscal 2026 included a significant custom order for an education customer's product launch that did not recur.

Source: Koss Corporation Q1 fiscal 2027 results, October 29, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Koss Corporation splits revenue in its own release, under its own labels, for Q1 fiscal 2027 against Q1 fiscal 2026. Indented lines are parts of the line above them.

• Koss Corporation's United States revenue was $2.4 million in Q1 fiscal 2027, down 29% from $3.3 million in Q1 fiscal 2026, 77% of total revenue.
• Koss Corporation's Export revenue was $0.7 million in Q1 fiscal 2027, down 3% from $0.7 million in Q1 fiscal 2026, 23% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Net sales and diluted earnings (loss) per share, each as first reported in that quarter's release. Q4 fiscal 2026 figures are from the Q4 release's three-month column.

We do not hold a confirmed date for Koss Corporation's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q1 fiscal 2027 (this page), reported Oct 29, 2026

Koss Corporation sells high-fidelity headphones and related accessories through distributors and directly to consumers, and reports a single segment. Net sales were $3,094,078 in Q1 fiscal 2027, down $976,700, or 24.0%, from $4,070,778 a year earlier. (Koss Q1 fiscal 2027 release, Oct 29, 2026; Koss Form 10-Q, Q1 fiscal 2027, Oct 30, 2026)

Koss put the decline down to a significant custom order that shipped in the year-ago quarter for an education customer's new product launch and did not recur. Sales to certain domestic distributors were strong, and European distributor sales were on par with the prior year, supported by inventory replenishment orders. (Koss Q1 fiscal 2027 release, Oct 29, 2026)

The drop was all in the U.S. United States net sales were $2,367,008, against $3,321,738, while export sales were $727,070, against $749,040. Direct-to-consumer sales now represent approximately 37% of Koss's total turnover, by the CEO's count. (Koss Form 10-Q, Q1 fiscal 2027, Oct 30, 2026; Koss Q1 fiscal 2027 release, Oct 29, 2026)

Koss's customer base is concentrated. At September 30, 2026 two customers each held more than 10% of accounts receivable, together approximately 33% (19% and 14%). Koss also runs a program enforcing its wireless audio patents, and records any license proceeds at a point in time. (Koss Form 10-Q, Q1 fiscal 2027, Oct 30, 2026)

Koss Corporation reports GAAP EPS only. It had a net loss of $234,168, or $0.02 per share, in Q1 fiscal 2027, against net income of $243,729, or $0.03, a year earlier. The loss from operations widened to $400,595 from $46,040 on lower sales. (Koss Q1 fiscal 2027 release, Oct 29, 2026)

Gross margin fell 50 basis points to 39.5% from 40.0%. A mix of higher-margin direct-to-consumer and domestic distributor sales and a final tariff refund of $76,000 on previously paid duties on product from China were offset by fixed overhead spread over lower sales and higher freight rates. Selling, general and administrative expenses were $1,622,430, against $1,674,732. (Koss Q1 fiscal 2027 release, Oct 29, 2026)

In the year-ago quarter, interest income of $293,128 more than covered the $46,040 operating loss; in Q1 fiscal 2027 it fell to $169,070. Koss had $2.0 million of cash and cash equivalents and $16.7 million of short-term investments at September 30, 2026. Weighted-average shares were 9,466,438. (Koss Q1 fiscal 2027 release, Oct 29, 2026; Koss Form 10-Q, Q1 fiscal 2027, Oct 30, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Koss Corporation does not publish a revenue or earnings outlook in its release. Its CEO said the company is encouraged by the strength of its domestic distributor business and the growing contribution of direct-to-consumer sales. (Koss Q1 fiscal 2027 release, Oct 29, 2026)

The 10-Q lists the conditions Koss is watching: tariff volatility and global trade tensions, inflation, borrowing costs and declining consumer confidence. Koss holds its short-term investments to fund potential acquisitions, with timing undetermined, and has $5.0 million of available credit facilities. (Koss Form 10-Q, Q1 fiscal 2027, Oct 30, 2026)

A consensus figure is the average of the models published by the analysts who cover Koss Corporation, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Koss Corporation's own release and filings put weight on for Q1 fiscal 2027, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning KOSS is on is KOSS a buy or a sell?, what analysts expect next is on the KOSS forecast, and what the company does is on the Koss Corporation (KOSS) stock page.

Every number on this page can be traced to a document Koss Corporation published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.