Koss Q1 27 Sales Drop 24% on One-Time Education Order, Gross Margin Declines -3 -

Koss reported a 24% decline in Q1 2026 sales to $3.09M due to the miss of a one-off order from an Education customer, resulting in a net loss. Despite a favorable product mix, gross margins fell 50 basis points to 39.5% due to fixed absorption and higher freight costs.