Socket Mobile, Inc. (SCKT) Income Statement
SCKT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSCKT revenue and net income
Where SCKT's revenue goes
2025Each bar shows an amount and its share of revenue. SCKT kept −95.4% of revenue as net income.
SCKT profit margins
SCKT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −19.6% | −10.8% | −0.8% | −2.0% |
| Gross profit | −20.8% | −10.3% | −2.1% | −1.8% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SCKT quarterly EPS vs estimates
Socket Mobile beat the analyst EPS estimate in 2 of the last 5 quarters. Next report: October 28, 2026.
SCKT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.1M | $18.8M | $17.0M | $21.2M | $23.2M | $15.7M | $19.3M | $16.5M | $21.3M | $20.8M |
| Cost of revenue | $7.6M | $9.3M | $8.6M | $10.9M | $10.8M | $7.4M | $9.2M | $8.0M | $9.9M | $10.4M |
| Gross profit | $7.5M | $9.5M | $8.5M | $10.4M | $12.4M | $8.3M | $10.1M | $8.5M | $11.4M | $10.4M |
| Research & development | $4.4M | $4.7M | $4.8M | $4.4M | $4.0M | $3.1M | $3.9M | $3.6M | $3.5M | $2.9M |
| Sales, general & admin | $6.4M | $7.2M | $6.8M | $6.5M | $5.8M | $5.1M | $5.6M | $5.4M | $5.5M | $5.0M |
| Total operating expenses | $10.7M | $11.9M | $11.6M | $10.8M | $9.7M | $12.7M | $9.5M | $9.0M | $9.0M | $7.9M |
| Operating income | −$3.2M | −$2.5M | −$3.1M | −$446,000 | $2.7M | −$4.4M | $606,370 | −$585,988 | $2.4M | $2.6M |
| Interest income | — | — | — | — | — | — | $100,660 | $128,610 | $79,440 | $131,350 |
| Interest expense | $496,587 | $330,849 | $242,161 | $175,000 | $199,000 | $97,488 | $100,656 | $128,612 | $79,443 | $131,349 |
| Income before taxes | −$3.7M | −$2.8M | −$3.4M | −$621,000 | $2.6M | −$3.3M | $505,714 | −$715,000 | $2.3M | $2.4M |
| Income taxes | $10.7M | −$551,000 | −$1.4M | −$708,000 | −$1.9M | −$50,758 | $219,128 | −$144,000 | $3.8M | −$9.7M |
| Net income | −$14.4M | −$2.2M | −$1.9M | $87,000 | $4.5M | −$3.3M | $286,586 | −$571,000 | −$1.4M | $12.1M |
| EBITDA | −$1.4M | −$881,599 | −$1.7M | $833,351 | $3.9M | −$2.6M | $1.1M | −$153,946 | $2.7M | $2.8M |
| EPS (diluted) | −$0.38 | −$0.30 | −$0.26 | −$0.08 | $0.27 | $0.16 | $0.06 | −$0.09 | $0.16 | $1.66 |
| Gross margin | 49.7% | 50.4% | 49.7% | 48.8% | 53.6% | 53.1% | 52.5% | 51.4% | 53.5% | 50.2% |
| Operating margin | −21.3% | −13.1% | −18.3% | −2.1% | 11.6% | −27.7% | 3.1% | −3.6% | 11.4% | 12.3% |
| Net margin | −95.4% | −12.0% | −11.3% | 0.4% | 19.3% | −20.9% | 1.5% | −3.5% | −6.7% | 58.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0M | $3.7M | $4.0M | $3.1M | $4.0M | $4.0M | $4.8M | $3.9M | $5.1M | $5.0M | $4.4M | $3.2M |
| Cost of revenue | $1.6M | $1.8M | $2.0M | $1.6M | $2.0M | $2.0M | $2.4M | $2.0M | $2.5M | $2.5M | $2.1M | $1.8M |
| Gross profit | $1.4M | $1.9M | $2.0M | $1.5M | $2.0M | $2.0M | $2.5M | $1.9M | $2.6M | $2.5M | $2.3M | $1.4M |
| Research & development | $1.1M | $1.1M | $1.1M | $1.0M | $1.1M | $1.1M | $1.1M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M |
| Sales, general & admin | $1.6M | $1.6M | $1.5M | $1.5M | $1.6M | $1.8M | $1.8M | $1.8M | $1.9M | $1.8M | $1.6M | $1.6M |
| Total operating expenses | $2.6M | $2.7M | $2.6M | $2.5M | $2.7M | $2.9M | $2.9M | $2.9M | $3.1M | $3.0M | $2.8M | $2.8M |
| Operating income | −$1.2M | −$760,000 | −$589,517 | −$1.1M | −$677,000 | −$894,000 | −$411,000 | −$1.0M | −$535,143 | −$485,175 | −$475,471 | −$1.4M |
| Interest expense | $151,011 | $140,000 | $141,271 | $140,063 | $115,000 | $100,467 | $101,957 | $84,164 | $72,488 | $72,240 | $72,452 | $76,440 |
| Income before taxes | −$1.3M | −$900,000 | −$730,788 | −$1.2M | −$792,000 | −$994,000 | −$513,000 | −$1.1M | −$607,631 | −$557,415 | −$548,000 | −$1.5M |
| Income taxes | — | — | $10.7M | — | — | −$551,000 | −$551,000 | $1 | $5 | $185,518 | −$1.5M | −$150,000 |
| Net income | −$1.3M | −$900,000 | −$11.4M | −$1.2M | −$792,000 | −$994,000 | $38,000 | −$1.1M | −$607,631 | −$557,415 | $912,077 | −$1.3M |
| EBITDA | −$789,993 | −$335,054 | −$147,246 | −$593,160 | −$205,531 | −$427,687 | $6,762 | −$631,824 | −$144,588 | −$112,085 | −$104,660 | −$1.0M |
| EPS (diluted) | −$0.16 | — | $0.00 | −$0.15 | −$0.10 | −$0.13 | $0.00 | −$0.15 | −$0.08 | −$0.07 | $0.08 | −$0.16 |
| Gross margin | 46.4% | 51.3% | 50.2% | 47.7% | 49.9% | 50.4% | 51.0% | 49.0% | 50.9% | 50.3% | 52.7% | 44.2% |
| Operating margin | −39.4% | −20.5% | −14.9% | −34.1% | −16.7% | −22.5% | −8.5% | −26.6% | −10.5% | −9.7% | −10.8% | −43.6% |
| Net margin | −44.4% | −24.3% | −287.5% | −38.6% | −19.6% | −25.1% | 0.8% | −28.8% | −12.0% | −11.2% | 20.7% | −41.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SCKT's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SCKT financial results
In fiscal year 2025 (ended December 31, 2025), Socket Mobile reported revenue of $15.1 million, down 19.6% from the year before. It had a net loss of $14.4 million, a net profit margin of −95.4%. Diluted earnings per share came to −$0.38. Over five years revenue grew at an average rate of −0.8% a year.
See the SCKT stock overview for the latest quote and news, or the SCKT chart for price history and technical indicators.
SCKT income statement FAQ
What is Socket Mobile's annual revenue?
Socket Mobile reported total revenue of $15.1 million for fiscal year 2025, which ended on December 31, 2025. That was down 19.6% from $18.8 million the previous year.
Is Socket Mobile profitable?
No. Socket Mobile reported a net loss of $14.4 million in fiscal 2025, a net profit margin of −95.4%; its operating margin was −21.3%.
What is Socket Mobile's gross margin?
Socket Mobile's gross margin was 49.7% in fiscal 2025: for every $100 of revenue, Socket Mobile kept $50 after the direct cost of its products and services.
How much does Socket Mobile spend on research and development?
Socket Mobile spent $4.4 million on research and development in fiscal 2025, 28.9% of revenue.
How fast is Socket Mobile growing?
Revenue grew −0.8% a year on average over the last five fiscal years, from $15.7 million to $15.1 million.
What are Socket Mobile's earnings per share?
Socket Mobile earned $-0.38 per diluted share in fiscal 2025, compared with $-0.30 a year earlier.
When will Socket Mobile report its next earnings?
Socket Mobile is expected to report results for the quarter ending September 30, 2026 on October 28, 2026.
When does Socket Mobile's fiscal year end?
Socket Mobile's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.