SOCKET MOBILE, INC.SCKTEarnings & Financial Report
Socket Mobile, Inc. designs, manufactures and sells portable data capture and payment acceptance solutions, including handheld barcode scanners, RFID readers and contactless payment terminals. Its core customer segments cover retail, healthcare, field services and logistics, with products compatible with major mobile operating systems and widely deployed across North America, Europe and Asia Pacific.
Revenue
$3.9M
Gross Profit
$1.9M
Operating Profit
$-1.0M
Net Profit
$-1.1M
Gross Margin
49.0%
Operating Margin
-26.6%
Net Margin
-28.8%
YoY Growth
20.8%
EPS
$-0.15
Financial Flow
SOCKET MOBILE, INC. Q3 2024 Financial Summary
SOCKET MOBILE, INC. reported revenue of $3.9M (up 20.8% YoY) for Q3 2024, with a net profit of $-1.1M (up 15.8% YoY) (-28.8% margin). Cost of goods sold was $2.0M, operating expenses totaled $2.9M.
Key Financial Metrics
| Total Revenue | $3.9M |
|---|---|
| Net Profit | $-1.1M |
| Gross Margin | 49.0% |
| Operating Margin | -26.6% |
| Report Period | Q3 2024 |
SOCKET MOBILE, INC. Annual Revenue by Year
SOCKET MOBILE, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $15.1M).
| Year | Annual Revenue |
|---|---|
| 2025 | $15.1M |
| 2024 | $18.8M |
| 2023 | $17.0M |
| 2022 | $21.2M |
SOCKET MOBILE, INC. Quarterly Revenue & Net Profit History
SOCKET MOBILE, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $4.0M | -17.9% | $-11.4M | -287.5% |
| Q3 2025 | $3.1M | -19.8% | $-1.2M | -38.6% |
| Q2 2025 | $4.0M | -20.5% | $-792.1K | -19.6% |
| Q1 2025 | $4.0M | -20.3% | $-994.1K | -25.1% |
| Q4 2024 | $4.8M | +9.8% | $38.1K | 0.8% |
| Q3 2024 | $3.9M | +20.8% | $-1.1M | -28.8% |
| Q2 2024 | $5.1M | -0.7% | $-607.6K | -12.0% |
| Q1 2024 | $5.0M | +15.4% | $-557.4K | -11.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.0M | $5.1M | $3.9M | $4.8M | $4.0M | $4.0M | $3.1M | $4.0M |
| YoY Growth | 15.4% | -0.7% | 20.8% | 9.8% | -20.3% | -20.5% | -19.8% | -17.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $28.7M | $28.0M | $27.7M | $27.3M | $27.2M | $27.0M | $25.6M | $14.4M |
| Liabilities | $9.5M | $9.2M | $9.8M | $9.2M | $9.9M | $10.3M | $10.0M | $10.2M |
| Equity | $19.2M | $18.8M | $18.0M | $18.2M | $17.2M | $16.7M | $15.7M | $4.3M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-94890 | $-543534 | $203974 | $-87035 | $-732970 | $-464441 | $-402815 | $350407 |