Koss Corp. (KOSS) intrinsic value & 10-year financials
Koss Corp. (KOSS) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 6.6% a year to $13.0M, with an average return on invested capital of -13.0%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $3.66
- Market cap
- $34.6M
- Revenue (FY2026)
- $13.0M
- Revenue growth (10-yr CAGR)
- -6.6%
- ROIC (10-yr avg)
- -13.0%
- Free cash flow (FY2026)
- $122.7K
KOSS 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $13.0M | -$391.5K | -$0.04 | $122.7K | -11.6% | -5.1% |
| FY2025 | $12.6M | -$874.8K | -$0.09 | -$705.6K | -13.8% | -5.7% |
| FY2024 | $12.3M | -$950.9K | -$0.10 | -$652.3K | -15.3% | -5.6% |
| FY2023 | $13.1M | $8.3M | $0.85 | $10.6M | -190.1% | -100.6% |
| FY2022 | $17.6M | $1.3M | $0.13 | -$1.1M | 5.1% | 5.8% |
| FY2021 | $19.5M | $493.6K | $0.05 | -$251.4K | -2.0% | -2.7% |
| FY2020 | $18.3M | -$465.6K | -$0.06 | $1.4M | -2.6% | -3.3% |
| FY2019 | $21.8M | $434.1K | $0.06 | $1.2M | 1.9% | 2.6% |
| FY2018 | $23.5M | -$3.4M | -$0.46 | $780.5K | -1.5% | -2.2% |
| FY2017 | $24.1M | -$963.6K | -$0.13 | -$169.2K | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
KOSS CORP is facing top-line stagnation, with revenue contracting over the decade.
KOSS CORP has historically struggled to out-earn its cost of capital, averaging just -13.0% ROIC.
KOSS CORP capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, KOSS CORP is modeled at -6.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-3.43 per share.