KOSS on Nasdaq

Koss Corporation

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4

American company specializing in audio equipment

Koss Corporation is a company in Milwaukee, Wisconsin, US that manufactures headphones. The company created the first high-fidelity stereo headphones in 1958.3 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$13.0MRevenue, fiscal 20265
-$391.5KNet income, fiscal 20265
1953Founded1

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  • TickerKOSS on Nasdaq1
  • Industryelectronics1
  • HeadquartersMilwaukee1
  • Founded inMilwaukee1
  • Websitewww.koss.com
  • Incorporated inDE6
  • Business address4129 N Port Washington Ave, Milwaukee, Wi 532126
  • Filer categoryNon-accelerated filer, Smaller reporting company6
Koss PortaPro
Photo: No machine-readable author provided. Malcohol assumed (based on copyright claims)., CC BY-SA 3.0, via Wikimedia Commons8

Koss Corporation is a company in Milwaukee, Wisconsin, US that manufactures headphones. The company created the first high-fidelity stereo headphones in 1958.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

41.9%Gross margin5
-11.6%Operating margin5
-3.0%Net margin5
3.1%Revenue growth, 20265
-1.3%Return on equity5
$122.7KFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

United States brought in 83% of the revenue Koss Corporation broke down this way in fiscal 2026.

  1. United States$10.9M583%up 21% from 2025
  2. Outside the United States$2.2M517%down 41% from 2025
Regions by year
Regions20252026
United States$9.0M$10.9M
Outside the United States$3.7M$2.2M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue51¢$7.6M
  • Research and development2¢$229.7K
  • Selling, general and admin47¢$7.0M
  • Income tax0¢$10.9K

Out of $13.0M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2026

  • Capital spending72¢$316.5K
  • Kept or used elsewhere28¢$122.7K

Out of $439.2K of cash from operations.5

Financial statements

Revenue910111213145$13.0M in 2026−40% since 2019
0$10.0M$20.0M$30.0M2019: $21.8M$21.8M20192020: $18.3M$18.3M2020−16%2021: $19.5M$19.5M2021+7%2022: $17.7M$17.7M2022−9%2023: $13.1M$13.1M2023−26%2024: $12.3M$12.3M2024−6%2025: $12.6M$12.6M2025+3%2026: $13.0M$13.0M2026+3%
Gross profit910111213145$5.5M in 2026−20% since 2019
0$2.0M$4.0M$6.0M$8.0M2019: $6.8M$6.8M20192020: $5.7M$5.7M2020−17%2021: $6.7M$6.7M2021+19%2022: $6.7M$6.7M2022−0%2023: $4.5M$4.5M2023−34%2024: $4.2M$4.2M2024−6%2025: $4.8M$4.8M2025+14%2026: $5.5M$5.5M2026+14%
Operating income910111213145-$1.5M in 2026
-$30.0M-$20.0M-$10.0M0$10.0M2019: $276.3K$276.3K20192020: -$484.0K-$484.0K20202021: -$390.5K-$390.5K2021−19%2022: $902.0K$902.0K20222023: -$24.9M-$24.9M20232024: -$1.9M-$1.9M2024−92%2025: -$1.7M-$1.7M2025−7%2026: -$1.5M-$1.5M2026−13%
Net income910111213145-$391.5K in 2026
-$2.5M0$2.5M$5.0M$7.5M$10.0M2019: $306.0K$306.0K20192020: -$465.6K-$465.6K20202021: $493.6K$493.6K20212022: $1.3M$1.3M2022+157%2023: $8.3M$8.3M2023+556%2024: -$950.9K-$950.9K20242025: -$874.8K-$874.8K2025−8%2026: -$391.5K-$391.5K2026−55%

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2026-06-302025-06-30
Net sales$13.0M$12.6M
Cost of goods sold$7.6M$7.9M
Gross profit$5.5M$4.8M
Selling, general and administrative expenses$7.0M$6.5M
Loss from operations-$1.5M-$1.7M
Interest income$884.0K$879.8K
Other income$250.0K
Interest expense-$2.1K
Loss before income tax provision-$380.6K-$857.3K
Income tax provision$10.9K$17.5K
Net loss-$391.5K-$874.8K
Basic (in dollars per share)-$0.04-$0.09
Diluted (in dollars per share)-$0.04-$0.09
Basic (in shares)9.5M shares9.4M shares
Diluted (in shares)9.5M shares9.4M shares

Compare Koss Corporation with another company

Corporate structure

Koss Corporation sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Koss Corporation

  • John C. Koss Jr. Filed SC 13D/A on Koss Corporation, latest Jun 3, 2022
  • Michael J. Koss Filed SC 13D/A on Koss Corporation, latest Jun 3, 2022
  • Koss Corporation Milwaukee

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Koss Corporation reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$9.3M5 Jun 30, 2026$8.9M5 Jun 30, 2025+3.5%
Accumulated depreciation$7.8M5 Jun 30, 2026$7.5M5 Jun 30, 2025+4.0%
Property and equipment, net$1.5M5 Jun 30, 2026$1.5M5 Jun 30, 2025+1.4%
Finance-lease assets$21.1K5 Jun 30, 2026
Operating-lease assets (leased space)$2.3M5 Jun 30, 2026$2.5M5 Jun 30, 2025−10.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$3.0M5 Jun 30, 2026$2.8M5 Jun 30, 2025+7.6%
Marketable securities, current$16.8M5 Jun 30, 2026
Long-term investments$4.0M14 Jun 30, 2025$5.0M14 Jun 30, 2024−19.9%

Inventory

ItemLatestA year beforeChange
Inventory, total$4.6M5 Jun 30, 2026$4.9M5 Jun 30, 2025−6.0%
Raw materials$1.8M5 Jun 30, 2026$2.0M5 Jun 30, 2025−6.5%
Finished goods$4.6M5 Jun 30, 2026$4.8M5 Jun 30, 2025−4.0%

Properties, in its own words

The Company leases its 126,000 square foot facility in Milwaukee, Wisconsin from Koss Holdings, LLC, which is controlled by five equal ownership interests in trusts held by the five beneficiaries of the former chairman’s revocable trust and includes current stockholders of the Company. On May 24, 2022, the lease was renewed extending the expiration to June 30, 2028 (the “Extended Term”), with a second extension (“Second Extended Term”) to June 30, 2033. The lease extension maintains the rent at a fixed rate of $380,000 per year for the Extended Term with an increase to $397,000 per year for the Second Extended Term. The negotiated increase in rent slated for 2028 will be the first increase in rent under the lease since 1996. The lease is being accounted for as an operating lease. The Company is responsible for all property maintenance, insurance, taxes, and other normal expenses related to ownership. The Company utilizes its Milwaukee facility for administrative, corporate and production functions. All facilities are in good repair and, in the opinion of the management, are suitable and adequate for the Company’s business purposes.

Item 2 of the 10-K filed Aug 28, 2026.18

The story

John C. Koss founded the J.C. Koss Hospital Television Rental Company in 1953. After a short time Koss was looking for new ideas, and partnered with Martin Lange to eventually develop a stereo headphone. Based in Milwaukee, Wisconsin, United States, in 1991 Koss Audio & Video Electronics started producing and selling consumer electronics products as a separate company in Hazelwood, Missouri, United States. The Koss family owns more than 75% of the firm.

Having only a high school education, John C. Koss worked with Lange, an engineer, to develop the headphone that launched the company almost by accident, as they came upon the headphone idea as a result of an attempt to market a portable phonograph. What made this product unique was the privacy switch feature, which gave listeners the opportunity to listen to the first Koss SP/3 Stereophones. Initially, the product's purpose was to demonstrate to consumers the high-fidelity stereo sound of the portable phonograph.

Until then headphones had only been used in communications applications. In 1958 the design was introduced at a hi-fi trade show in Milwaukee, and audiences approved of it. Soon after the trade show, Koss went into business manufacturing and marketing stereophones from his basement apartment. The technology was imitated by competing manufacturers.

In the early 1970s, Koss worked out of two locations near each other. One was Koss TV-Rental, which also did electronics and musical instrument repairs; the second was the main facility two blocks to the east. At this time, Koss pioneered the high-end "electro-static" "ES series" headphone market. These headphones set the standard for wide-range frequency response. Being very durable, they required service for wear and tear on cords and earpads during their lifespan, by K&M Electronics (Klenworth & Midwest based in Minneapolis), working out of the TV Rental location. Koss headphones were easy and cost-effective to repair. At this site, a separate garage was set up to support the musical instrument and electronics repair business. The TV rental and repair site was managed by John's brother Pete Koss. Eventually, Koss dominated the headphone market, competing mainly with Telex. Koss was considered a higher quality unit at the time, offering a wide line of models.

In the late 1970s, to accommodate rapid growth, Koss moved to its present location on the north side of Milwaukee.

in the 1980s, Koss tried to diversify, unsuccessfully, into related areas of electronics; in 1984 the company filed for bankruptcy protection after a net loss that year of US$6 million (equivalent to $18.59 million in 2025). Koss emerged from Chapter 11 bankruptcy proceedings in 1985.

In 1991, Michael J. Koss, son of founder John C. Koss, took over as president and chief executive officer.

In December 2009, former vice president of finance Sujata "Sue" Sachdeva was charged in federal court with wire fraud after the firm discovered her embezzlement of US$34 million (equivalent to $51.02 million in 2025), and sentenced to eleven years in federal prison, of which she served six years. Koss was forced to restate five years of financials. It was able to recoup over US$12 million from its former auditor, from Sachdeva's credit card company, and by auctioning Sachdeva's stolen merchandise.

Read the full text

In 2020, Koss sued Apple, Bose, JLAB Audio, Plantronics Inc., and Skullcandy for patent infringement. In July 2022 Koss and Apple reached a settlement for an undisclosed amount regarding the alleged patent infringement on Koss' intellectual property.

During the 2021 GameStop short squeeze, the executives and directors of Koss earned US$40 million by selling company stock. This was more than the value of the Koss Corporation at the end of 2020.

From Wikipedia’s article on Koss Corporation, shared under CC BY-SA 4.0.7

Leadership

Who has led Koss Corporation, and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Kim M. Schulte2022–now
197019801990200020102020
Board members and other officers (14)

Products and brands

  • headphone

Listed on Wikidata.1

Koss headphones were also sold in RadioShack stores under their own brand. The Koss Plug and Koss Spark Plug are in-ear passive noise-isolating earphones; they can be adapted to take the high-end Etymotics ear tip, becoming the "Koss Hybrid". Other models include the Koss Porta Pro and well-regarded budget-priced headphones including the KSC series. Since 1989, all headphones manufactured in North America by KOSS come with a limited lifetime warranty covering normal use by the initial owner. Returning to the pre-Koss use of headphones, Koss produces communications headsets with microphone.

From Wikipedia’s article on Koss Corporation, shared under CC BY-SA 4.0.7

Timeline

  1. Aug 27, 20268-K Results of operations34
  2. May 7, 20268-K Results of operations35
  3. Jan 29, 20268-K Results of operations36
  4. Oct 30, 20258-K Results of operations37
  5. Oct 20, 20258-K Shareholder vote38
  6. Aug 28, 20258-K Results of operations39
  7. May 8, 20258-K Executive or director change40
  8. May 8, 20258-K Results of operations41
  9. Jan 30, 20258-K Results of operations42
  10. Oct 31, 20248-K Results of operations43
  11. Oct 21, 20248-K Shareholder vote44
  12. Aug 29, 20248-K Results of operations45
  13. 1953Founded Founded in Milwaukee1

Calendar

Coming up

  1. Oct 29, 2026Reports results for the quarter ending Sep/202646

When it reported results

  1. Aug 27, 2026Reported quarterly or annual results34
  2. May 7, 2026Reported quarterly or annual results35
  3. Jan 29, 2026Reported quarterly or annual results36
  4. Oct 30, 2025Reported quarterly or annual results37
  5. Aug 28, 2025Reported quarterly or annual results39
  6. May 8, 2025Reported quarterly or annual results41
  7. Jan 30, 2025Reported quarterly or annual results42
  8. Oct 31, 2024Reported quarterly or annual results43

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

88 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 29 major events, 18 insider forms, 2 large holders, 19 other. The latest 20:

  1. Aug 28, 2026ARS ANNUAL REPORT FY26 EDGAR
  2. Aug 28, 2026DEFA14A EDGAR
  3. Aug 28, 2026DEF 14A EDGAR
  4. Aug 28, 202610-K EDGAR
  5. Aug 27, 20268-K EDGAR
  6. May 8, 20264 EDGAR
  7. May 8, 20264 EDGAR
  8. May 8, 2026SD EDGAR
  9. May 8, 202610-Q EDGAR
  10. May 7, 20268-K EDGAR
  11. Feb 17, 20264 EDGAR
  12. Jan 30, 202610-Q EDGAR
  13. Jan 29, 20268-K EDGAR
  14. Dec 4, 20254 EDGAR
  15. Oct 31, 202510-Q EDGAR
  16. Oct 30, 20258-K EDGAR
  17. Oct 20, 20258-K EDGAR
  18. Aug 29, 2025ARS FY25 KOSS ANNUAL REPORT TO SHAREHOLDERS EDGAR
  19. Aug 29, 2025DEFA14A EDGAR
  20. Aug 29, 2025DEF 14A EDGAR

The 88 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

11 open-market trades by officers, directors and large owners since October 2021: 3 buys and 8 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 2, 2025LILLIE LENOREDirectorBuy2,500$4.96$12.4KForm 4
Jun 13, 2025Koss Michael J JrExecutive Vice PresidentSale24,643$4.78$117.8KForm 4
Jun 12, 2025KOSS JOHN C JRVice President - SalesSale1,500$5.02$7.5KForm 4
Jun 12, 2025Koss Michael J JrExecutive Vice PresidentSale6,000$4.91$29.5KForm 4
Jun 11, 2025KOSS JOHN C JRVice President - SalesSale23,500$5.65$132.8KForm 4
Jun 10, 2025KOSS JOHN C JRVice President - SalesSale25,000$5.80$145.0KForm 4
Dec 12, 2024KOSS JOHN C JRVice President - SalesSale25,000$7.39$184.7KForm 4
May 20, 2024KOSS JOHN C JRVice President - SalesSale25,000$5.25$131.2KForm 4
Jun 2, 2022Sweasy William JesseDirectorBuy2,847$7.30$20.8KForm 4
Jun 1, 2022Sweasy William JesseDirectorBuy17,153$6.96$119.4KForm 4
Nov 2, 2021Smith David DonnanChief Financial OfficerSale10,000$15.54$155.4KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2026Kim M. Schulte$443.1K49
2026Michael J. Koss$382.6K49
2025Chairman of the Board and CEO$379.5K49
2025Chief Financial Officer$275.5K49
2025Vice President — Marketing & Product$226.9K49

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Vanguard Capital Management LLC189,607$760.3K0.0%No change
BlackRock, Inc.94,977$380.9K0.0%+5,376
Geode Capital Management, LLC59,491$238.6K0.0%+3,578
Citadel Advisors LLC33,058$132.6K0.0%New
Vanguard Fiduciary Trust Co30,740$123.3K0.0%−594
Dimensional Fund Advisors LP24,433$98.0K0.0%+2,822
State Street Corp17,974$72.1K0.0%No change
James Investment Research, Inc.15,475$62.1K0.0%No change
NewEdge Advisors, LLC15,475$62.1K0.0%No change
Northern Trust Corp10,287$41.3K0.0%−3,998
UBS Group AG2,161$8.7K0.0%−3,952
Vanguard Global Advisers, LLC2,040$8.2K0.0%No change
N.E.W. Advisory Services LLC1,000$4.0K0.0%No change
Activest Wealth Management1,000$4.0K0.0%No change
Tower Research Capital LLC (TRC)672$2.7K0.0%−540
Creative Financial Designs Inc /adv300$1.2K0.0%No change
SBI Securities Co., Ltd.120$4810.0%No change
Morgan Stanley80$3210.0%No change
Osaic Holdings, Inc.50$2000.0%No change
Barclays PLC23$920.0%New
Crewe Advisors LLC20$810.0%No change
Parallel Advisors, LLC9$360.0%−1
Caitong International Asset Management Co., Ltd2$80.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Koss Corporation is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARKOSS CORP2
  • CIK0000056701
  • Employer ID (EIN)39-116827518
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company18
  • Incorporated inDelaware18
  • Fiscal year endsJune 302
  • Industry code (SIC)3651 Household Audio & Video Equipment2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business address4129 N Port Washington Ave, Milwaukee, WI 532122
  • Phone41496450002
  • Shares outstanding9,466,438 shares as of Aug 24, 202618
  • Public float$21.9M as of Dec 31, 202518
  • AuditorWipfli LLP, Radnor, Pennsylvania PCAOB ID 344; no auditor attestation of internal control over financial reporting18
  • On EDGAR sinceFeb 14, 19942
  • Filings706 in all: 4 (250), 8-K (151), 10-Q (93), DEF 14A (33), 10-K (28), SC 13G/A (24), 3 (15), SD (13)2
    All 27 form types

    UPLOAD (11), SC 13G (10), CORRESP (9), SC 13D/A (9), 10-Q/A (8), ARS (8), 4/A (7), DEFA14A (7), S-8 (5), 10-K/A (4), 10-K405 (4), 8-K/A (4), S-3/A (4), SC 13D (4), 3/A (1), 424B3 (1), DEFR14A (1), PRE 14A (1), S-3 (1)

  • Latest filingsAnnual report (10-K) Aug 28, 2026
    Quarterly report (10-Q) May 8, 2026
    Proxy statement (DEF 14A) Aug 28, 2026
    Latest 8-K (8-K) Aug 27, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.005 par value per shareKOSSNasdaq

From the cover page of the 10-K filed Aug 28, 2026 (Section 12(b) of the Exchange Act).18

Risk factors and legal proceedings

The risks Koss Corporation names in Item 1A of its 10-K filed Aug 28, 2026: 24 risks under these headings, as written.18

  • Risks Related to our International Operations
  • We may be subject to risks related to doing business in, and having counterparties based in, foreign countries.
  • A shift in U.S. and China trade relations, policies and imposed tariffs could adversely affect the Company’s business, financial condition and results of operations.
  • Fluctuations in currency exchange rates could affect the Company’s financial results and operations, including with respect to pricing of products and overall demand for the Company’s products.
  • Operational and Financial Risks
  • The Company is dependent on the proper functioning of our contract manufacturers, our supply chain, and our distribution networks. Any disruptions could adversely affect our business, financial condition or results of operations.
  • Failure to attract and retain customers to sell the Company’s products could adversely affect sales volume and future profitability.
  • A shift in customer specifications to lower priced items can reduce profit margins, negatively impacting profitability.
  • If we are unable to continue to develop innovative and popular products, our brand image may be harmed and demand for our products may decrease.
  • We may not be able to compete effectively, which could cause our net sales and market share to decline.
  • If we are unable to obtain intellectual property rights and/or enforce those rights against third parties who are violating those rights, our business could suffer.
  • We may be adversely affected by the financial condition of our retailers and distributors.
The other 14 risks
  • Direct-to-Consumer sales through the Amazon marketplace account for a significant amount of our net sales and the loss of, or reduced purchases from, this sales channel could have a material adverse effect on our operating results.
  • Our products may experience quality problems from time to time that can result in decreased sales and operating margin and harm to our reputation.
  • Future acquisitions or other strategic transactions could negatively impact our reputation, business, financial position, results of operations and cash flows.
  • Cybersecurity threats or other disruptions to our information systems, or those of our third-party service providers, could adversely affect our business.
  • Artificial intelligence may increase cybersecurity, operational and fraud risks.
  • Changes in tax laws and unanticipated tax liabilities could adversely affect our effective income tax rate and profitability.
  • Risks Related to our Stock
  • The market price of our common stock may be volatile and may fluctuate significantly.
  • A “short squeeze” due to a sudden increase in demand for shares of our common stock that largely exceeds supply could lead to extreme price volatility in shares of our common stock.
  • The Koss family, including certain members of our management, owns a significant percentage of our stock and, as a result, the trading price for our shares may be depressed and it can take actions that may be adverse to the interests of our stockholders.
  • Future sales of a substantial amount of our common stock in the public markets by our insiders, or the perception that these sales may occur, may cause the market price of our common stock to decline.
  • General Risk Factors
  • The Company's operations and results are influenced by both global and regional economic environments, and less than favorable economic conditions may have a material adverse impact on the Company's business, operating results, and financial position.
  • The Company’s operations may be affected by political developments, international trade disputes and restrictions, natural disasters, public health concerns, and other disruptions to business activities.
  • Geopolitical tensions, armed conflicts and acts of terrorism could adversely affect our business, financial condition, and results of operations.
  • Our business, financial condition and results of operations may be adversely impacted by the effects of inflation.

Legal proceedings

The information set forth in Note 20 “Legal Matters” to our Consolidated Financial Statements under Part II, Item 8, “Financial Statements and Supplementary Data,” is incorporated herein by reference.

The opening of Item 3, Legal Proceedings.18

Sources

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