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Side-by-side financial comparison of SOCKET MOBILE, INC. (SCKT) and Wetouch Technology Inc. (WETH). Click either name above to swap in a different company.

SOCKET MOBILE, INC. is the larger business by last-quarter revenue ($4.0M vs $3.8M, roughly 1.0× Wetouch Technology Inc.). Wetouch Technology Inc. runs the higher net margin — 66.4% vs -287.5%, a 353.8% gap on every dollar of revenue. On growth, Wetouch Technology Inc. posted the faster year-over-year revenue change (-7.3% vs -17.9%). Over the past eight quarters, SOCKET MOBILE, INC.'s revenue compounded faster (-10.8% CAGR vs -41.5%).

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.

Wetouch Technology Inc. is a global provider of advanced touch panel solutions, specializing in capacitive touchscreens, custom touch modules and interactive display components. It serves core markets including consumer electronics, automotive, industrial control, and smart home sectors, supplying tailored hardware products to leading global brand partners.

SCKT vs WETH — Head-to-Head

Bigger by revenue
SCKT
SCKT
1.0× larger
SCKT
$4.0M
$3.8M
WETH
Growing faster (revenue YoY)
WETH
WETH
+10.6% gap
WETH
-7.3%
-17.9%
SCKT
Higher net margin
WETH
WETH
353.8% more per $
WETH
66.4%
-287.5%
SCKT
Faster 2-yr revenue CAGR
SCKT
SCKT
Annualised
SCKT
-10.8%
-41.5%
WETH

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
SCKT
SCKT
WETH
WETH
Revenue
$4.0M
$3.8M
Net Profit
$-11.4M
$2.5M
Gross Margin
50.2%
Operating Margin
-14.9%
82.1%
Net Margin
-287.5%
66.4%
Revenue YoY
-17.9%
-7.3%
Net Profit YoY
-29977.8%
-5.0%
EPS (diluted)
$-1.43
$0.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SCKT
SCKT
WETH
WETH
Q4 25
$4.0M
Q3 25
$3.1M
$3.8M
Q2 25
$4.0M
$4.0M
Q1 25
$4.0M
$5.0M
Q4 24
$4.8M
Q3 24
$3.9M
$4.1M
Q2 24
$5.1M
$4.4M
Q1 24
$5.0M
$5.5M
Net Profit
SCKT
SCKT
WETH
WETH
Q4 25
$-11.4M
Q3 25
$-1.2M
$2.5M
Q2 25
$-792.1K
$2.2M
Q1 25
$-994.1K
$2.6M
Q4 24
$38.1K
Q3 24
$-1.1M
$2.7M
Q2 24
$-607.6K
$2.7M
Q1 24
$-557.4K
$558.9K
Gross Margin
SCKT
SCKT
WETH
WETH
Q4 25
50.2%
Q3 25
47.7%
Q2 25
49.9%
Q1 25
50.4%
Q4 24
51.0%
Q3 24
49.0%
Q2 24
50.9%
Q1 24
50.3%
60.7%
Operating Margin
SCKT
SCKT
WETH
WETH
Q4 25
-14.9%
Q3 25
-34.1%
82.1%
Q2 25
-16.8%
77.0%
Q1 25
-22.5%
79.6%
Q4 24
-8.5%
Q3 24
-26.6%
84.8%
Q2 24
-10.5%
85.3%
Q1 24
-9.7%
41.9%
Net Margin
SCKT
SCKT
WETH
WETH
Q4 25
-287.5%
Q3 25
-38.6%
66.4%
Q2 25
-19.6%
56.0%
Q1 25
-25.1%
51.4%
Q4 24
0.8%
Q3 24
-28.8%
64.8%
Q2 24
-12.0%
61.9%
Q1 24
-11.2%
10.2%
EPS (diluted)
SCKT
SCKT
WETH
WETH
Q4 25
$-1.43
Q3 25
$-0.15
$0.21
Q2 25
$-0.10
$0.19
Q1 25
$-0.13
$0.21
Q4 24
$0.00
Q3 24
$-0.15
$0.22
Q2 24
$-0.08
$0.23
Q1 24
$-0.07
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SCKT
SCKT
WETH
WETH
Cash + ST InvestmentsLiquidity on hand
$2.0M
$113.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.3M
$135.2M
Total Assets
$14.4M
$139.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SCKT
SCKT
WETH
WETH
Q4 25
$2.0M
Q3 25
$2.0M
$113.2M
Q2 25
$2.6M
$110.5M
Q1 25
$1.7M
$106.4M
Q4 24
$2.5M
Q3 24
$2.9M
$106.7M
Q2 24
$2.1M
$98.4M
Q1 24
$2.8M
$94.8M
Stockholders' Equity
SCKT
SCKT
WETH
WETH
Q4 25
$4.3M
Q3 25
$15.7M
$135.2M
Q2 25
$16.7M
$131.8M
Q1 25
$17.2M
$127.9M
Q4 24
$18.2M
Q3 24
$18.0M
$129.5M
Q2 24
$18.8M
$122.5M
Q1 24
$19.2M
$120.5M
Total Assets
SCKT
SCKT
WETH
WETH
Q4 25
$14.4M
Q3 25
$25.6M
$139.9M
Q2 25
$27.0M
$137.0M
Q1 25
$27.2M
$133.7M
Q4 24
$27.3M
Q3 24
$27.7M
$133.1M
Q2 24
$28.0M
$125.9M
Q1 24
$28.7M
$123.1M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SCKT
SCKT
WETH
WETH
Operating Cash FlowLast quarter
$350.4K
$3.8M
Free Cash FlowOCF − Capex
$189.3K
FCF MarginFCF / Revenue
4.8%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
1.51×
TTM Free Cash FlowTrailing 4 quarters
$-1.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SCKT
SCKT
WETH
WETH
Q4 25
$350.4K
Q3 25
$-402.8K
$3.8M
Q2 25
$-464.4K
$2.6M
Q1 25
$-733.0K
$2.0M
Q4 24
$-87.0K
Q3 24
$204.0K
$4.6M
Q2 24
$-543.5K
$3.9M
Q1 24
$-94.9K
$-9.2M
Free Cash Flow
SCKT
SCKT
WETH
WETH
Q4 25
$189.3K
Q3 25
$-589.6K
Q2 25
$-601.4K
Q1 25
$-785.3K
Q4 24
$-310.9K
Q3 24
$-192.6K
$4.6M
Q2 24
$-654.9K
$3.9M
Q1 24
$-151.3K
$-9.3M
FCF Margin
SCKT
SCKT
WETH
WETH
Q4 25
4.8%
Q3 25
-19.0%
Q2 25
-14.9%
Q1 25
-19.8%
Q4 24
-6.4%
Q3 24
-5.0%
111.6%
Q2 24
-12.9%
88.8%
Q1 24
-3.0%
-169.5%
Capex Intensity
SCKT
SCKT
WETH
WETH
Q4 25
4.1%
Q3 25
6.0%
Q2 25
3.4%
Q1 25
1.3%
Q4 24
4.6%
Q3 24
10.2%
0.1%
Q2 24
2.2%
0.1%
Q1 24
1.1%
2.0%
Cash Conversion
SCKT
SCKT
WETH
WETH
Q4 25
Q3 25
1.51×
Q2 25
1.18×
Q1 25
0.80×
Q4 24
-2.28×
Q3 24
1.73×
Q2 24
1.44×
Q1 24
-16.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SCKT
SCKT

Segment breakdown not available.

WETH
WETH

CN$2.0M53%
Other$1.8M47%

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