Koss (KOSS)


Market Price (10/28/2026): $3.45 | Market Cap: $32.7 MilSector: Consumer Discretionary | Industry: Consumer Electronics

Koss (KOSS)


Market Price (10/28/2026): $3.45
Market Cap: $32.7 Mil
Sector: Consumer Discretionary
Industry: Consumer Electronics

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -54%

Low stock price volatility
Vol 12M is 46%

Weak multi-year price returns
2Y Excs Rtn is -85%, 3Y Excs Rtn is -61%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -1.5 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -12%

Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 74x

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.1%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.3%

Key risks
KOSS key risks include [1] its vulnerable position as a small competitor in a crowded market and [2] its costly and uncertain reliance on patent litigation, Show more.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -54%
1 Low stock price volatility
Vol 12M is 46%
2 Weak multi-year price returns
2Y Excs Rtn is -85%, 3Y Excs Rtn is -61%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -1.5 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -12%
4 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 74x
5 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.1%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.3%
7 Key risks
KOSS key risks include [1] its vulnerable position as a small competitor in a crowded market and [2] its costly and uncertain reliance on patent litigation, Show more.

KOSS in ETFs

Weight = KOSS's share of each fund

VTI0.00%
DFAC0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 10/22/2026

Koss (KOSS) stock has lost about 15% since 6/30/2026 because of the following key factors:

1. Persistent Unprofitability and High Operating Costs.

Despite reporting a net income of $476,801 for fiscal Q4 2026 (the quarter ended June 30, 2026), Koss concluded fiscal year 2026 with a net loss of $391,464. The company's core operations continued to be unprofitable, as Selling, General & Administrative (SG&A) expenses amounted to 53.5% of revenue in fiscal year 2026, largely offsetting any improvements in gross margin.

2. Weak European Market Performance.

Koss experienced sustained year-over-year declines in sales within its European markets. This weakness was attributed to distributors in those regions slowing down stock replenishments and maintaining lower inventory levels, thereby negatively impacting overall sales despite positive contributions from direct-to-consumer (DTC) and domestic distributor channels.

Show more
Updated on 10/22/2026

Koss (KOSS) stock has lost about 15% since 6/30/2026 because of the following key factors:

1. Persistent Unprofitability and High Operating Costs.

Despite reporting a net income of $476,801 for fiscal Q4 2026 (the quarter ended June 30, 2026), Koss concluded fiscal year 2026 with a net loss of $391,464. The company's core operations continued to be unprofitable, as Selling, General & Administrative (SG&A) expenses amounted to 53.5% of revenue in fiscal year 2026, largely offsetting any improvements in gross margin.

2. Weak European Market Performance.

Koss experienced sustained year-over-year declines in sales within its European markets. This weakness was attributed to distributors in those regions slowing down stock replenishments and maintaining lower inventory levels, thereby negatively impacting overall sales despite positive contributions from direct-to-consumer (DTC) and domestic distributor channels.

3. Negative Investor Reaction to Fiscal Q1 2027 Earnings Report.

On October 6, 2026, Koss reported a loss of $0.06 per share for its fiscal Q1 2027 (July 1 - September 30, 2026). This earnings announcement, for which no consensus estimate was available, was met with a negative market reaction, causing the stock to decline by -1.54 following its release.

4. Fluctuating Gross Margins and Reliance on Tariff Refunds.

While Koss's gross margin for the full fiscal year 2026 improved to 41.9% from 37.8% in fiscal year 2025, this increase was partially buoyed by $1.0 million in tariff refunds received during fiscal Q4 2026. Earlier in fiscal year 2026, specifically in Q3 (ended March 31, 2026), the gross margin had declined by 290 basis points due to higher tariffs and freight costs associated with older inventory, indicating ongoing challenges in maintaining consistent profitability without external offsets.

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Stock Movement Drivers

Fundamental Drivers

The -14.5% change in KOSS stock from 6/30/2026 to 10/27/2026 was primarily driven by a -15.6% change in the company's P/S Multiple.
(LTM values as of)630202610272026Change
Stock Price ($)4.013.43-14.5%
Change Contribution By: 
Total Revenues ($ Mil)13131.4%
P/S Multiple3.02.5-15.6%
Shares Outstanding (Mil)990.0%
Cumulative Contribution-14.5%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2026 to 10/27/2026
ReturnCorrelation
KOSS-14.5% 
Market (SPY)3.1%16.5%
Sector (XLY)-1.6%12.9%

Fundamental Drivers

The -4.2% change in KOSS stock from 3/31/2026 to 10/27/2026 was primarily driven by a -5.8% change in the company's P/S Multiple.
(LTM values as of)331202610272026Change
Stock Price ($)3.583.43-4.2%
Change Contribution By: 
Total Revenues ($ Mil)13131.7%
P/S Multiple2.62.5-5.8%
Shares Outstanding (Mil)990.0%
Cumulative Contribution-4.2%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 10/27/2026
ReturnCorrelation
KOSS-4.2% 
Market (SPY)18.7%18.9%
Sector (XLY)6.1%16.9%

Fundamental Drivers

The -32.5% change in KOSS stock from 9/30/2025 to 10/27/2026 was primarily driven by a -34.2% change in the company's P/S Multiple.
(LTM values as of)930202510272026Change
Stock Price ($)5.083.43-32.5%
Change Contribution By: 
Total Revenues ($ Mil)13133.1%
P/S Multiple3.82.5-34.2%
Shares Outstanding (Mil)99-0.6%
Cumulative Contribution-32.5%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 10/27/2026
ReturnCorrelation
KOSS-32.5% 
Market (SPY)16.5%33.0%
Sector (XLY)-3.1%32.7%

Fundamental Drivers

The 15.8% change in KOSS stock from 9/30/2023 to 10/27/2026 was primarily driven by a 19.6% change in the company's P/S Multiple.
(LTM values as of)930202310272026Change
Stock Price ($)2.963.4315.8%
Change Contribution By: 
Total Revenues ($ Mil)1313-0.6%
P/S Multiple2.12.519.6%
Shares Outstanding (Mil)99-2.6%
Cumulative Contribution15.8%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2023 to 10/27/2026
ReturnCorrelation
KOSS15.8% 
Market (SPY)86.2%19.0%
Sector (XLY)46.7%21.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
KOSS Return210%-54%-32%120%-44%-18%-1%
Peers Return26%-47%-14%-40%23%-13%-64%
S&P 500 Return27%-19%24%23%16%11%103%

Monthly Win Rates [3]
KOSS Win Rate42%42%33%42%42%30% 
Peers Win Rate42%38%42%33%46%45% 
S&P 500 Win Rate75%42%67%75%67%40% 

Max Drawdowns [4]
KOSS Max Drawdown-83%-61%-57%-50%-48%-30% 
Peers Max Drawdown-36%-56%-59%-56%-54%-48% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: SONO, GPRO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/27/2026 (YTD)

How Low Can It Go

EventKOSSS&P 500
2025 US Tariff Shock
  % Loss-33.8%-18.8%
  % Gain to Breakeven51.1%23.1%
  Time to Breakeven49 days79 days
2024 Yen Carry Trade Unwind
  % Loss-20.7%-7.8%
  % Gain to Breakeven26.2%8.5%
  Time to Breakeven7 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-33.5%-9.5%
  % Gain to Breakeven50.4%10.5%
  Time to Breakeven200 days24 days
2023 SVB Regional Banking Crisis
  % Loss-32.8%-6.7%
  % Gain to Breakeven48.7%7.1%
  Time to Breakeven313 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-55.5%-24.5%
  % Gain to Breakeven124.7%32.4%
  Time to Breakeven786 days427 days
2020 COVID-19 Crash
  % Loss-39.7%-33.7%
  % Gain to Breakeven65.9%50.9%
  Time to Breakeven24 days140 days

Compare to SONO, GPRO

In The Past

Koss's stock fell -33.8% during the 2025 US Tariff Shock. Such a loss loss requires a 51.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventKOSSS&P 500
2025 US Tariff Shock
  % Loss-33.8%-18.8%
  % Gain to Breakeven51.1%23.1%
  Time to Breakeven49 days79 days
2024 Yen Carry Trade Unwind
  % Loss-20.7%-7.8%
  % Gain to Breakeven26.2%8.5%
  Time to Breakeven7 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-33.5%-9.5%
  % Gain to Breakeven50.4%10.5%
  Time to Breakeven200 days24 days
2023 SVB Regional Banking Crisis
  % Loss-32.8%-6.7%
  % Gain to Breakeven48.7%7.1%
  Time to Breakeven313 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-55.5%-24.5%
  % Gain to Breakeven124.7%32.4%
  Time to Breakeven786 days427 days
2020 COVID-19 Crash
  % Loss-39.7%-33.7%
  % Gain to Breakeven65.9%50.9%
  Time to Breakeven24 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-35.4%-19.2%
  % Gain to Breakeven54.9%23.8%
  Time to Breakeven736 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-22.5%-3.7%
  % Gain to Breakeven29.1%3.9%
  Time to Breakeven227 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-34.4%-12.2%
  % Gain to Breakeven52.5%13.9%
  Time to Breakeven266 days62 days
2014-2016 Oil Price Collapse
  % Loss-45.2%-6.8%
  % Gain to Breakeven82.5%7.3%
  Time to Breakeven118 days15 days
2008-2009 Global Financial Crisis
  % Loss-44.6%-53.4%
  % Gain to Breakeven80.5%114.4%
  Time to Breakeven4409 days1085 days

Compare to SONO, GPRO

In The Past

Koss's stock fell -33.8% during the 2025 US Tariff Shock. Such a loss loss requires a 51.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Koss (KOSS)

Koss Corporation (KOSS) is an audio equipment company, founded in 1953, primarily engaged in the design, manufacture, and sale of stereo headphones and various related audio accessories. The company's product portfolio is extensive, featuring high-fidelity headphones, a variety of wireless Bluetooth headphones, active noise-canceling headphones, and specialized headsets for computer and telecommunications use. Additionally, Koss offers wireless Bluetooth speakers and, to a lesser extent, compact disc recordings under its Koss Classics label.

Koss distributes its products both domestically and internationally across regions including the United States, Canada, parts of Europe (e.g., Czech Republic, Sweden, Russian Federation), and Asia (e.g., Japan, Malaysia). The company utilizes a broad array of sales channels, including traditional distributors, audio specialty stores, national retailers, electronics retailers, grocery stores, and online platforms. Beyond general retail, Koss also serves specific institutional markets such as military exchanges and prisons, and directly supplies products to school systems via distributors, as well as to other manufacturers, often for private label.

AI Analysis | Feedback

Koss is like a dedicated, historical version of Bose, solely focused on headphones.

Koss is a venerable headphone specialist, similar to a more accessible Sennheiser.

Koss is like the Duracell of headphones – a specialized, long-standing brand in personal audio.

AI Analysis | Feedback

  • High-fidelity headphones: These headphones are designed for superior audio reproduction.
  • Wireless Bluetooth headphones: Headphones that connect wirelessly to devices using Bluetooth technology.
  • Wireless Bluetooth speakers: Portable speakers that connect wirelessly to audio sources via Bluetooth.
  • Computer headsets: Headsets specifically designed for use with computers, often for communication or gaming.
  • Telecommunications headsets: Headsets used for communication, particularly in telephony or call center environments.
  • Active noise canceling headphones: Headphones that use active noise control to reduce unwanted ambient sounds.
  • Compact disc recordings (Koss Classics): Music recordings sold on compact disc under the company's "Koss Classics" label.
  • Headphone accessories: Various ancillary items and parts that complement their range of headphones.

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Michael J. Koss, Chairman, President, Chief Executive Officer & Chief Operating Officer

Michael J. Koss, the son of company founder John C. Koss, assumed the roles of President and CEO in 1991. He previously held the position of the company's Chief Financial Officer. With an academic background in anthropology, he has guided Koss Corporation through various business challenges, including a notable embezzlement case, and remains dedicated to the company's founding principles.

Kim M. Schulte, Chief Financial Officer & Corporate Secretary

Kim M. Schulte was appointed Chief Financial Officer and Corporate Secretary of Koss Corporation, with her role becoming effective on February 28, 2022. She took over from Dave Smith upon his retirement and previously served as the company's Vice President of Finance.

Michael J. Koss Jr., Executive Vice President, Marketing & Product and Director

Michael J. Koss Jr., the son of the current CEO, was promoted to Executive Vice President, Marketing & Product in October 2025. He holds an MBA from Marquette University. His responsibilities at Koss Corporation encompass product development, marketing strategies, direct-to-consumer (DTC) growth initiatives, and intellectual property (IP) enforcement.

Megan Brobson, Director of Acquisitions and Corporate Development

Megan Brobson joined Koss Corporation on March 16, 2026, to lead the company's new acquisition-driven diversification strategy. She possesses over a decade of experience in private equity and client finance roles, having most recently worked at a lower middle market private equity firm. Her background includes cultivating relationships with business owners, identifying and executing new investment opportunities, and collaborating with management teams to develop and implement value creation strategies.

John C. Koss, Founder (former Chairman)

John C. Koss founded the J.C. Koss Hospital Television Rental Company in 1953, which subsequently evolved into Koss Corporation. He is recognized for inventing the world's first high-fidelity stereophone headphones in 1958, thereby pioneering the personal listening industry. He retired as chairman in 2015 and passed away in 2021.

AI Analysis | Feedback

Here are the key risks to Koss Corporation (KOSS):

  1. Declining Revenue and Profitability: Koss Corporation faces significant challenges with its financial performance, exhibiting non-existent revenue growth and a substantial decline in revenue over recent years. For instance, revenue was down 34% from three years prior as of May 2025. The company reported a net loss of approximately $0.87 million for the fiscal year ended June 30, 2025. High operating expenses relative to its revenue base contribute to a negative operating margin, and the core business has posted negative cash flow from operations, indicating it does not generate enough cash to cover its daily costs. This financial instability and struggle for consistent profitability make investors skeptical, as evidenced by the stock trending downwards.
  2. Intense Competition: Koss operates within a highly competitive stereo headphone industry. The company constantly contends with much larger, more diversified competitors that possess significantly greater resources, making it difficult for a niche player to gain substantial market share and sustain growth.
  3. Supply Chain, Tariffs, and Geopolitical Risks: Koss Corporation's reliance on contract manufacturing in China and its considerable international sales expose it to a range of economic and political risks. These include global and regional economic downturns, inflation, rising costs, supply chain disruptions, currency fluctuations, and potential trade barriers, all of which could compromise the company's financial health by dampening consumer spending and straining profitability. Specifically, tariffs imposed on Chinese imports are expected to erode the company's margins as existing inventories are sold.

AI Analysis | Feedback

The increasing integration of high-quality, personal spatial audio and communication capabilities directly into other multi-functional smart devices (such as AR/VR headsets and smart glasses) could reduce the perceived need for dedicated, standalone headphones for many consumers. This trend implies a shift where personal audio becomes a feature seamlessly embedded within a primary computing/communication device, rather than a separate accessory.

AI Analysis | Feedback

Koss Corporation's primary products, stereo headphones, wireless Bluetooth headphones, computer headsets, telecommunications headsets, and active noise-canceling headphones, fall within the broader earphones, headphones, and headset markets. Additionally, the company offers wireless Bluetooth speakers.

Addressable Market Sizes:

Global Earphones and Headphones Market:

  • The global earphones and headphones market size was estimated at USD 81.78 billion in 2025 and is projected to reach USD 238.72 billion by 2033, growing at a Compound Annual Growth Rate (CAGR) of 14.5% from 2026 to 2033.

U.S. Earphones and Headphones Market:

  • The U.S. earphone and headphone market size was approximately USD 13.65 billion in 2023 and is projected to reach around USD 34.45 billion by 2033, demonstrating a CAGR of 9.7% during the forecast period from 2024 to 2033.

Global Headset Market:

  • The global headset market size was estimated at USD 144.34 billion in 2025 and is predicted to increase from USD 189.49 billion in 2026 to approximately USD 1,815.99 billion by 2035, expanding at a CAGR of 28.82% from 2026 to 2035.

Global Wireless Speaker Market:

  • The global wireless speaker market size was valued at USD 36.92 billion in 2023. It is estimated to reach USD 209.27 billion by 2032, growing at a CAGR of 21.16%.

U.S. Wireless Speaker Market:

  • The U.S. wireless speakers market was valued at USD 6.14 billion in 2024 and is expected to reach USD 12.12 billion by 2030, growing at a CAGR of 12.01% during the forecast period.

AI Analysis | Feedback

Koss Corporation (KOSS) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:

  1. Acquisition-driven Diversification: Koss has recently embarked on a new strategic phase focused on acquisitions outside its traditional consumer electronics core. The company appointed a Director of Acquisitions and Corporate Development on March 16, 2026, and intends to pursue long-term hold acquisitions with target EBITDA ranging from $2 million to $4 million. This initiative is expected to diversify revenue streams beyond headphones.
  2. Growth in Direct-to-Consumer (DTC) Sales: The Direct-to-Consumer channel continues to be a significant growth engine for Koss. DTC sales increased approximately 16.5% in fiscal year 2025 and saw an accelerated growth of 22.5% in the first quarter of fiscal year 2026, now accounting for nearly a quarter of the company's total sales. This channel provides higher margins and direct customer engagement.
  3. Export Market Expansion and New Product Introductions: International sales are a strong contributor to revenue growth, fueled by new product launches, particularly to European distributors. Export sales grew by a remarkable 48% in fiscal year 2025, with sales to European distributors increasing by an impressive 67% in the full fiscal year 2025 and over 100% in the first half of fiscal year 2025. These new product introductions contribute to higher gross margins.
  4. Education Market Sales: Strong sales gains in the Education market have been noted, particularly in the first two quarters of fiscal year 2026. A significant sale to a major Education market customer played a role in the 27.1% net sales increase during the first quarter of fiscal year 2026.

AI Analysis | Feedback

Share Repurchases

  • Koss has an authorized stock repurchase program for up to $45.5 million of its common stock.
  • Of the authorized amount, $43.36 million has been expended to date.
  • No shares were repurchased in fiscal years 2025 or 2024.

Share Issuance

  • Shares outstanding for Koss Corporation have shown a slight increase over the last few years, from approximately 8.67 million in August 2021 to around 9.46 million by November 2025.

Outbound Investments

  • Koss announced on March 16, 2026, a new acquisition-driven diversification initiative, supported by the hiring of a Director of Acquisitions and Corporate Development.
  • The company plans to utilize its strong balance sheet to acquire "solid, well-managed companies" outside of its core headphone space.
  • Koss expects to pursue acquisition targets with an EBITDA in the range of $2-4 million.

Capital Expenditures

  • Investing activities, including capital expenditures, amounted to $120,284 in fiscal year 2025.
  • Research and development expenses were $0.21 million for the fiscal year ended June 30, 2025.
  • The company consistently invests a few hundred thousand dollars annually in product development, recording engineering, and research and development.

Better Bets vs. Koss (KOSS)

Peer Outperformance in Consumer Electronics

KOSS has trailed 60% of its 10 Consumer Electronics peers over 5Y. Among the peers that beat it is SONO. Consumer Electronics ranks 22nd of 22 industries in Consumer Discretionary by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Consumer Electronics constituents that KOSS has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
55%
of 11 industry peers · -32.5% return
3Y
60%
of 10 industry peers · 26.1% return
5Y
40%
of 10 industry peers · -78.6% return
Consumer Electronics peers with revenue growth within 4pp of KOSS's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
KOSS Koss -0.1% -82.9x -32.5%26.1%-78.6% —
SONO Sonos -3.4% 37.4x 1.4%81.2%-42.9% +36pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Consumer Discretionary sector, ranked by 5Y. Consumer Electronics is KOSS's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Education Services 14 -22.0%45.5%81.7% CVSA 246% · PRDO 227% · LRN 134%
Homebuilding 17 -7.0%49.1%31.0% PHM 161% · GRBK 157% · TOL 151%
Hotels, Resorts & Cruise Lines 21 5.7%48.0%19.7% RCL 267% · MAR 155% · LIND 154%
Home Furnishings 3 -6.7%63.3%1.4% SGI 42% · MHK -35%
Automotive Retail 17 -15.5%15.9%-1.8% MUSA 229% · PAG 132% · ORLY 107%
Home Improvement Retail 5 -16.9%14.7%-5.5% HD -3% · LOW -6% · FND -64%
Specialized Consumer Services 10 -15.2%31.9%-13.6% HRB 146% · FTDR 100% · SCI 41%
Footwear 9 54.3%44.3%-21.3% DECK 28% · SHOO 8% · CROX -21%
Restaurants 36 -13.0%-1.6%-23.2% EAT 360% · CAKE 197% · TXRH 106%
Distributors 4 -17.9%-14.1%-25.9% ARMK 125% · GPC 6% · POOL -58%
Leisure Products 14 -19.0%-8.3%-34.6% GOLF 79% · HAS 53% · BC -16%
Apparel Retail 27 -3.6%9.9%-38.1% ANF 333% · TJX 133% · ROST 120%
Household Appliances 18 3.8%10.3%-38.6%
Apparel, Accessories & Luxury Goods 29 -1.9%22.8%-38.8% RL 254% · TPR 232% · KTB 69%
Leisure Facilities 12 7.5%0.6%-42.1% LTH 144% · OSW 133% · PLNT -34%
Computer & Electronics Retail 3 -0.7%77.0%-46.1% BBY 5% · GME -46%
Automotive Parts & Equipment 39 -13.0%-12.2%-46.5% MOD 1181% · GTX 238% · PATK 54%
Casinos & Gaming 20 -20.2%-19.4%-48.5% MCRI 81% · RRR 14% · BYD 12%
Broadline Retail 13 -5.7%35.7%-50.9% EBAY 66% · AMZN 49% · OLLI 27%
Other Specialty Retail 24 -22.8%-12.1%-59.8% ULTA 70% · ASO 45% · DKS 30%
Automobile Manufacturers 8 -79.5%-44.9%-71.5% GM 55% · TSLA 18% · F 3%
Consumer Electronics ← 11 -34.9%-25.4%-77.0% GRMN 119% · SONO -43%
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1Koss Earnings Notes12/16/2025
2Can Koss Stock Recover If Markets Fall?10/17/2025
Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

KOSSSONOGPROMedian
NameKoss Sonos GoPro  
Mkt Price3.4517.881.023.45
Mkt Cap0.02.10.20.2
Rev LTM131,490569569
Op Inc LTM-2164-119-2
FCF LTM0125-230
FCF 3Y Avg-0127-54-0
CFO LTM0147-200
CFO 3Y Avg0164-500

Growth & Margins

KOSSSONOGPROMedian
NameKoss Sonos GoPro  
Rev Chg LTM3.1%5.6%-23.9%3.1%
Rev Chg 3Y Avg-0.1%-3.4%-18.1%-3.4%
Rev Chg Q5.8%8.8%-31.3%5.8%
QoQ Delta Rev Chg LTM1.4%2.1%-7.7%1.4%
Op Inc Chg LTM12.9%334.0%-48.0%12.9%
Op Inc Chg 3Y Avg37.5%8.6%-66.4%8.6%
Op Mgn LTM-11.6%11.0%-21.0%-11.6%
Op Mgn 3Y Avg-13.5%1.7%-14.1%-13.5%
QoQ Delta Op Mgn LTM5.7%1.9%-5.7%1.9%
CFO/Rev LTM3.4%9.9%-3.5%3.4%
CFO/Rev 3Y Avg0.0%10.9%-6.5%0.0%
FCF/Rev LTM0.9%8.4%-4.1%0.9%
FCF/Rev 3Y Avg-3.3%8.4%-7.0%-3.3%

Valuation

KOSSSONOGPROMedian
NameKoss Sonos GoPro  
Mkt Cap0.02.10.20.2
P/S2.51.40.31.4
P/Op Inc-21.613.0-1.5-1.5
P/EBIT-86.329.8-1.2-1.2
P/E-83.437.4-1.1-1.1
P/CFO74.414.5-8.914.5
Total Yield-1.2%2.7%-92.9%-1.2%
Dividend Yield0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-0.9%7.7%-37.0%-0.9%
D/E0.10.00.50.1
Net D/E-0.5-0.10.3-0.1

Returns

KOSSSONOGPROMedian
NameKoss Sonos GoPro  
1M Rtn-13.7%-1.7%-20.9%-13.7%
3M Rtn-7.3%6.4%41.6%6.4%
6M Rtn-19.8%23.4%-32.9%-19.8%
12M Rtn-32.1%1.4%-51.9%-32.1%
3Y Rtn26.8%81.3%-58.0%26.8%
1M Excs Rtn-14.7%0.3%-22.5%-14.7%
3M Excs Rtn-9.2%-2.2%42.7%-2.2%
6M Excs Rtn-26.6%16.7%-39.7%-26.6%
12M Excs Rtn-45.8%-9.5%-64.1%-45.8%
3Y Excs Rtn-60.7%-20.8%-141.2%-60.7%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Design, manufacture and sale of stereo headphones and related accessories1312131820
Total1312131820


Net Income by Segment
$ Mil20252024
Design, manufacture and sale of stereo headphones and related accessories-1-1
Total-1-1


Assets by Segment
$ Mil20252024
Design, manufacture and sale of stereo headphones and related accessories3737
Total3737


Price Behavior

Price Behavior
Market Price$3.43 
Market Cap ($ Bil)0.0 
First Trading Date02/25/1992 
Distance from 52W High-32.7% 
   50 Days200 Days
DMA Price$3.63$3.94
DMA Trendindeterminatedown
Distance from DMA-5.4%-13.0%
 3M1YR
Volatility41.8%45.7%
Downside Capture1.52156.86
Upside Capture-24.9886.18
Correlation (S&P 500)3.9%35.0%
KOSS Betas & Captures as of 9/30/2026

 1M2M3M6M1Y3Y
Beta-0.73-0.100.710.641.251.38
Up Beta0.070.340.580.641.231.02
Down Beta-1.931.412.100.731.491.40
Up Capture-3%-7%44%59%87%275%
Bmk +ve Days6162766132424
Stock +ve Days12192860114330
Down Capture-242%-110%53%64%127%110%
Bmk -ve Days16263760120328
Stock -ve Days10223461132398

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with KOSS
KOSS-34.0%45.7%-0.78-
Sector ETF (XLY)-2.3%19.3%-0.2532.5%
Equity (SPY)14.6%12.7%0.7934.0%
Gold (GLD)-1.4%28.5%-0.0612.0%
Commodities (DBC)47.3%20.6%1.76-7.5%
Real Estate (VNQ)3.8%13.9%0.0212.6%
Bitcoin (BTCUSD)-27.9%43.4%-0.6314.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with KOSS
KOSS-27.9%97.1%-0.01-
Sector ETF (XLY)4.7%24.1%0.1527.4%
Equity (SPY)12.8%17.1%0.5623.9%
Gold (GLD)17.6%18.9%0.753.9%
Commodities (DBC)9.2%19.5%0.354.0%
Real Estate (VNQ)1.0%18.9%-0.0616.9%
Bitcoin (BTCUSD)4.5%51.6%0.2712.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with KOSS
KOSS3.2%190.1%0.44-
Sector ETF (XLY)12.6%22.2%0.515.5%
Equity (SPY)15.5%17.9%0.733.9%
Gold (GLD)12.0%16.4%0.601.8%
Commodities (DBC)8.2%18.1%0.372.0%
Real Estate (VNQ)5.2%20.7%0.213.9%
Bitcoin (BTCUSD)62.2%66.2%1.020.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity0.1 Mil
Short Interest: % Change Since 93020266.7%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest4.5 days
Basic Shares Quantity9.5 Mil
Short % of Basic Shares1.3%

Earnings Returns History

Updated 10/16/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/27/20262.3%3.5%19.3%
5/7/2026-0.5%-7.5%-2.2%
1/29/2026-3.6%1.8%-8.7%
10/30/20250.8%-5.2%2.3%
8/28/2025-0.2%-1.0%-16.3%
5/8/20253.6%6.1%27.2%
1/30/2025-3.1%0.5%-16.7%
10/31/2024-1.4%-3.6%-1.7%
...
SUMMARY STATS   
# Positive998
# Negative141415
Median Positive2.4%5.5%16.9%
Median Negative-2.6%-5.0%-14.0%
Max Positive52.5%32.5%55.0%
Max Negative-10.4%-55.2%-54.8%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/27/20262.3%3.5%19.3%
5/7/2026-0.5%-7.5%-2.2%
1/29/2026-3.6%1.8%-8.7%
10/30/20250.8%-5.2%2.3%
8/28/2025-0.2%-1.0%-16.3%
5/8/20253.6%6.1%27.2%
1/30/2025-3.1%0.5%-16.7%
10/31/2024-1.4%-3.6%-1.7%
8/29/2024-5.6%-15.4%-14.0%
5/9/2024-10.4%32.5%20.2%
2/1/2024-3.1%-4.8%-12.9%
10/26/20232.3%8.6%1.9%
8/24/2023-0.6%3.7%-14.3%
5/11/2023-2.1%-2.1%-0.8%
10/28/20222.4%-5.9%-3.9%
8/25/2022-7.9%-11.4%-29.6%
5/5/2022-3.1%-13.5%14.4%
2/3/20227.1%10.7%-14.5%
10/28/2021-2.0%-1.3%-15.0%
8/19/2021-0.8%-1.8%-6.2%
5/12/202111.8%5.5%55.0%
1/28/202152.5%-55.2%-54.8%
10/29/20200.0%-0.7%4.1%
SUMMARY STATS   
# Positive998
# Negative141415
Median Positive2.4%5.5%16.9%
Median Negative-2.6%-5.0%-14.0%
Max Positive52.5%32.5%55.0%
Max Negative-10.4%-55.2%-54.8%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/28/202610-K
03/31/202605/08/202610-Q
12/31/202501/30/202610-Q
09/30/202510/31/202510-Q
06/30/202508/29/202510-K
03/31/202505/09/202510-Q
12/31/202401/31/202510-Q
09/30/202411/01/202410-Q
06/30/202408/30/202410-K
03/31/202405/10/202410-Q
12/31/202302/02/202410-Q
09/30/202310/27/202310-Q
06/30/202308/25/202310-K
03/31/202305/12/202310-Q
12/31/202201/27/202310-Q
09/30/202210/28/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/28/202610-K
03/31/202605/08/202610-Q
12/31/202501/30/202610-Q
09/30/202510/31/202510-Q
06/30/202508/29/202510-K
03/31/202505/09/202510-Q
12/31/202401/31/202510-Q
09/30/202411/01/202410-Q
06/30/202408/30/202410-K
03/31/202405/10/202410-Q
12/31/202302/02/202410-Q
09/30/202310/27/202310-Q
06/30/202308/25/202310-K
03/31/202305/12/202310-Q
12/31/202201/27/202310-Q
09/30/202210/28/202210-Q
06/30/202208/26/202210-K
03/31/202205/06/202210-Q
12/31/202102/04/202210-Q
09/30/202110/29/202110-Q
06/30/202108/20/202110-K
03/31/202105/13/202110-Q
12/31/202001/29/202110-Q
09/30/202011/05/202010-Q
06/30/202008/27/202010-K
03/31/202005/08/202010-Q
12/31/201901/31/202010-Q
09/30/201911/12/201910-Q

Insider Activity

Updated 4/26/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Lillie, Lenore DirectBuy120420254.962,50012,40012,400Form
2Koss, Michael J JRVP - Marketing & ProductDirectSell61720254.7824,643117,794124,280Form
3Koss, John C JRVice President - SalesDirectSell61720255.021,5007,530984,061Form
4Koss, Michael J JRVP - Marketing & ProductDirectSell61720254.916,00029,460127,660Form
5Koss, John C JRVice President - SalesDirectSell61720255.6523,500132,7751,107,558Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Lillie, Lenore DirectBuy120420254.962,50012,40012,400Form
2Koss, Michael J JRVP - Marketing & ProductDirectSell61720254.7824,643117,794124,280Form
3Koss, John C JRVice President - SalesDirectSell61720255.021,5007,530984,061Form
4Koss, Michael J JRVP - Marketing & ProductDirectSell61720254.916,00029,460127,660Form
5Koss, John C JRVice President - SalesDirectSell61720255.6523,500132,7751,107,558Form
6Koss, John C JRVice President - SalesDirectSell61720255.8025,000145,0001,136,962Form
Core Cache Last Updated: 10/27/2026