Every material Form 8-K KOSS CORP has filed with the SEC since May 07, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Koss Corporation reported first-quarter fiscal 2027 results for the quarter ended September 30, 2026. Net sales fell 24.0% year over year and the company posted a net loss of $234,168, compared with net income of $243,729 a year earlier, so shareholders face a weaker quarter on both revenue and profit.
Net sales were $3,094,078, down $976,700 or 24.0% from $4,070,778 a year earlier, with management citing a significant Education customer custom order from the prior year that did not recur.
Net loss was $234,168 versus net income of $243,729 in the prior-year quarter; basic and diluted loss per share was $0.02 compared with earnings of $0.03.
Gross margin declined 50 basis points to 39.5% from 40.0%, as fixed manufacturing overhead absorption on lower sales offset benefits from direct-to-consumer sales and a $76,000 tariff refund.
Direct-to-consumer sales represented approximately 37% of total turnover, per management.
Koss Corporation reported fourth-quarter fiscal 2026 net sales of $3,263,853, up 5.8%, and net income of $476,801, compared with a net loss of $232,696 a year earlier. For the full year, sales rose 3.1% to $13,020,773 and the net loss narrowed to $391,464 from $874,831, with $1.0 million of tariff refunds received in the fourth quarter helping gross margin improve to 41.9%. Both headline sales and profit measures improved for shareholders, although the filing gives no forward guidance and European distributor sales declined.
Q4 net sales were $3,263,853, up $179,643 or 5.8% from $3,084,210 a year earlier.
Q4 net income was $476,801, or $0.05 per share, versus a net loss of $232,696, or $0.02 per share, in the prior-year quarter.
Full-year net loss was $391,464, or $0.04 per share, down $483,367 from $874,831, or $0.09 per share, in fiscal 2025.
Full-year gross margin rose to 41.9% from 37.8%, helped by $1.0 million in tariff refunds received in the fourth quarter.
Koss Corporation reported results for the third quarter ended March 31, 2026, with net sales rising 1.6% year over year while the net loss grew to $546,587 from $316,742. For the nine months, sales rose 2.3% but gross margin fell to 35.5% from 38.4%, and the net loss widened to $868,265, which matters to shareholders because profit weakened even as sales increased.
Q3 net sales were $2,824,763, up $43,757 or 1.6% from $2,781,006 a year earlier.
Q3 net loss was $546,587, or $0.06 per share, compared with a net loss of $316,742, or $0.03 per share, a year earlier.
Nine-month net sales were $9,756,920, up 2.3%, while the nine-month net loss was $868,265 versus $642,135.
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every KOSS CORP filing is on SEC EDGAR ↗. 8-K briefs of other companies →