Socket Mobile Financials
This page shows Socket Mobile (SCKT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Stable gross margins are being swamped by falling sales volume and a still-heavy R&D cost base.
Across the last three fiscal years, gross margin held near50.0% while revenue fell to$15.1M , so the widening operating loss reflects fixed-cost under-absorption more than weaker product economics. That matters because R&D spending still ran at$4.4M in FY2025, leaving too little gross profit to cover overhead even before cash reinvestment.
The balance sheet has shifted from cash-cushioned to equity-thin: cash fell to
Cash burn is less severe than the GAAP loss implies: FY2025 operating cash flow was
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Socket Mobile's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Socket Mobile scores -5.66, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($4.6M) relative to total liabilities ($10.2M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Socket Mobile passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Socket Mobile generates $0.09 in operating cash flow (-$1.2M OCF vs -$14.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Socket Mobile earns $-6.5 in operating income for every $1 of interest expense (-$3.2M vs $497K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Socket Mobile generated $15.1M in revenue in fiscal year 2025. This represents a decrease of 19.6% from the prior year.
Socket Mobile's EBITDA was -$1.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 37.7% from the prior year.
Socket Mobile reported -$14.4M in net income in fiscal year 2025. This represents a decrease of 541.2% from the prior year.
Socket Mobile earned $-1.81 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 503.3% from the prior year.
Cash & Balance Sheet
Socket Mobile generated -$1.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 36.4% from the prior year.
Socket Mobile held $2.0M in cash against $0 in long-term debt as of fiscal year 2025.
Socket Mobile had 8M shares outstanding in fiscal year 2025. This represents an increase of 4.9% from the prior year.
Margins & Returns
Socket Mobile's gross margin was 49.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.7 percentage points from the prior year.
Socket Mobile's operating margin was -21.3% in fiscal year 2025, reflecting core business profitability. This is down 8.2 percentage points from the prior year.
Socket Mobile's net profit margin was -95.4% in fiscal year 2025, showing the share of revenue converted to profit. This is down 83.4 percentage points from the prior year.
Socket Mobile's ROE was -336.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 323.7 percentage points from the prior year.
Capital Allocation
Socket Mobile invested $4.4M in research and development in fiscal year 2025. This represents a decrease of 7.8% from the prior year.
Socket Mobile invested $537K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 31.9% from the prior year.
SCKT Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.7M-6.6% | $4.0M+27.6% | $3.1M-23.1% | $4.0M+1.9% | $4.0M-17.9% | $4.8M+24.8% | $3.9M-23.8% | $5.1M |
| Cost of Revenue | $1.8M-8.6% | $2.0M+21.3% | $1.6M-19.6% | $2.0M+2.8% | $2.0M-16.8% | $2.4M+19.8% | $2.0M-20.9% | $2.5M |
| Gross Profit | $1.9M-4.7% | $2.0M+34.5% | $1.5M-26.6% | $2.0M+1.0% | $2.0M-19.0% | $2.5M+29.9% | $1.9M-26.6% | $2.6M |
| R&D Expenses | $1.1M-0.1% | $1.1M+6.3% | $1.0M-6.8% | $1.1M-2.7% | $1.1M+1.2% | $1.1M-3.7% | $1.2M-5.7% | $1.2M |
| SG&A Expenses | $665K+17.6% | $566K-2.0% | $577K+1.4% | $569K-12.8% | $653K+0.3% | $651K+1.1% | $644K-12.2% | $733K |
| Operating Income | -$760K-28.9% | -$590K+44.3% | -$1.1M-56.2% | -$677K+24.2% | -$894K-117.5% | -$411K+60.2% | -$1.0M-92.7% | -$535K |
| Interest Expense | -$140K+1.0% | -$141K-0.9% | -$140K-22.0% | -$115K-14.3% | -$100K+1.5% | -$102K-21.1% | -$84K-16.1% | -$72K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$900K+92.1% | -$11.4M-851.1% | -$1.2M-51.2% | -$792K+20.3% | -$994K-2706.8% | $38K+103.4% | -$1.1M-83.6% | -$608K |
| EPS (Diluted) | $-0.11 | N/A | $-0.15-50.0% | $-0.10+23.1% | $-0.13 | N/A | $-0.15-87.5% | $-0.08 |
SCKT Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $13.9M-3.7% | $14.4M-43.7% | $25.6M-4.9% | $27.0M-0.7% | $27.2M-0.7% | $27.3M-1.4% | $27.7M-1.2% | $28.0M |
| Current Assets | $8.5M-1.9% | $8.6M-3.0% | $8.9M-10.5% | $9.9M+1.2% | $9.8M+2.4% | $9.6M-7.2% | $10.3M-3.0% | $10.7M |
| Cash & Equivalents | $1.7M-15.9% | $2.0M+0.8% | $2.0M-22.6% | $2.6M+52.7% | $1.7M-31.5% | $2.5M-14.5% | $2.9M+37.6% | $2.1M |
| Inventory | $3.9M-8.3% | $4.2M-9.8% | $4.7M-3.4% | $4.8M-8.3% | $5.3M+6.9% | $4.9M-5.9% | $5.3M+1.2% | $5.2M |
| Accounts Receivable | $2.2M+28.4% | $1.7M+10.7% | $1.5M-12.8% | $1.8M-14.0% | $2.1M+29.8% | $1.6M+10.2% | $1.4M-43.5% | $2.6M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $10.4M+1.9% | $10.2M+1.7% | $10.0M-3.0% | $10.3M+3.7% | $9.9M+8.0% | $9.2M-5.9% | $9.8M+5.9% | $9.2M |
| Current Liabilities | $8.8M+4.1% | $8.4M+4.0% | $8.1M-1.9% | $8.3M+6.6% | $7.8M+12.7% | $6.9M-5.9% | $7.3M+10.2% | $6.6M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $3.5M-17.1% | $4.3M-72.7% | $15.7M-6.1% | $16.7M-3.3% | $17.2M-5.1% | $18.2M+1.1% | $18.0M-4.6% | $18.8M |
| Retained Earnings | -$65.5M-1.4% | -$64.6M-21.4% | -$53.2M-2.3% | -$52.0M-1.5% | -$51.2M-2.0% | -$50.2M+0.1% | -$50.2M-2.3% | -$49.1M |
SCKT Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$769K-319.4% | $350K+187.0% | -$403K+13.3% | -$464K+36.6% | -$733K-742.2% | -$87K-142.7% | $204K+137.5% | -$544K |
| Capital Expenditures | $53K-66.9% | $161K-13.7% | $187K+36.4% | $137K+161.8% | $52K-76.6% | $224K-43.5% | $397K+256.0% | $111K |
| Free Cash Flow | -$822K-534.4% | $189K+132.1% | -$590K+2.0% | -$601K+23.4% | -$785K-152.6% | -$311K-61.4% | -$193K+70.6% | -$655K |
| Investing Cash Flow | -$53K+66.9% | -$161K+13.7% | -$187K-36.4% | -$137K-161.8% | -$52K+76.6% | -$224K+43.5% | -$397K-256.0% | -$111K |
| Financing Cash Flow | $500K+389.8% | -$173K | $0 | N/A | N/A | -$110K-111.2% | $989K | $0 |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SCKT Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.3%+1.0pp | 50.2%+2.6pp | 47.7%-2.3pp | 49.9%-0.4pp | 50.4%-0.6pp | 51.0%+2.0pp | 49.0%-1.9pp | 50.9% |
| Operating Margin | -20.5%-5.7pp | -14.9%+19.2pp | -34.1%-17.3pp | -16.8%+5.8pp | -22.5%-14.0pp | -8.5%+18.1pp | -26.6%-16.1pp | -10.5% |
| Net Margin | -24.3%+263.1pp | -287.4%-248.9pp | -38.6%-19.0pp | -19.6%+5.5pp | -25.1%-25.9pp | 0.8%+29.6pp | -28.8%-16.9pp | -12.0% |
| Return on Equity | -25.4%+241.0pp | -266.3%-258.7pp | -7.6%-2.9pp | -4.8%+1.0pp | -5.8%-6.0pp | 0.2%+6.4pp | -6.2%-3.0pp | -3.2% |
| Return on Assets | -6.5%+72.5pp | -78.9%-74.3pp | -4.7%-1.7pp | -2.9%+0.7pp | -3.7%-3.8pp | 0.1%+4.2pp | -4.0%-1.8pp | -2.2% |
| Current Ratio | 0.96-0.1 | 1.02-0.1 | 1.10-0.1 | 1.20-0.1 | 1.27-0.1 | 1.39-0.0 | 1.41-0.2 | 1.60 |
| Debt-to-Equity | 2.92+0.5 | 2.37+1.7 | 0.64+0.0 | 0.62+0.0 | 0.58+0.1 | 0.51-0.0 | 0.54+0.1 | 0.49 |
| FCF Margin | -22.2%-27.0pp | 4.8%+23.8pp | -19.0%-4.1pp | -14.9%+4.9pp | -19.8%-13.4pp | -6.4%-1.5pp | -5.0%+7.9pp | -12.9% |
Similar Companies
Frequently Asked Questions
What is Socket Mobile's annual revenue?
Socket Mobile (SCKT) reported $15.1M in total revenue for fiscal year 2025. This represents a -19.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Socket Mobile's revenue growing?
Socket Mobile (SCKT) revenue declined by 19.6% year-over-year, from $18.8M to $15.1M in fiscal year 2025.
Is Socket Mobile profitable?
No, Socket Mobile (SCKT) reported a net income of -$14.4M in fiscal year 2025, with a net profit margin of -95.4%.
What is Socket Mobile's EBITDA?
Socket Mobile (SCKT) had EBITDA of -$1.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Socket Mobile's gross margin?
Socket Mobile (SCKT) had a gross margin of 49.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Socket Mobile's operating margin?
Socket Mobile (SCKT) had an operating margin of -21.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Socket Mobile's net profit margin?
Socket Mobile (SCKT) had a net profit margin of -95.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Socket Mobile's return on equity (ROE)?
Socket Mobile (SCKT) has a return on equity of -336.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Socket Mobile's free cash flow?
Socket Mobile (SCKT) generated -$1.8M in free cash flow during fiscal year 2025. This represents a -36.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Socket Mobile's operating cash flow?
Socket Mobile (SCKT) generated -$1.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Socket Mobile's total assets?
Socket Mobile (SCKT) had $14.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Socket Mobile's capital expenditures?
Socket Mobile (SCKT) invested $537K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Socket Mobile spend on research and development?
Socket Mobile (SCKT) invested $4.4M in research and development during fiscal year 2025.
What is Socket Mobile's current ratio?
Socket Mobile (SCKT) had a current ratio of 1.02 as of fiscal year 2025, which is considered adequate.
What is Socket Mobile's debt-to-equity ratio?
Socket Mobile (SCKT) had a debt-to-equity ratio of 2.37 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Socket Mobile's return on assets (ROA)?
Socket Mobile (SCKT) had a return on assets of -99.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Socket Mobile's cash runway?
Based on fiscal year 2025 data, Socket Mobile (SCKT) had $2.0M in cash against an annual operating cash burn of $1.2M. This gives an estimated cash runway of approximately 20 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Socket Mobile's Altman Z-Score?
Socket Mobile (SCKT) has an Altman Z-Score of -5.66, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Socket Mobile's Piotroski F-Score?
Socket Mobile (SCKT) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Socket Mobile's earnings high quality?
Socket Mobile (SCKT) has an earnings quality ratio of 0.09x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Socket Mobile cover its interest payments?
Socket Mobile (SCKT) has an interest coverage ratio of -6.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Socket Mobile?
Socket Mobile (SCKT) scores 41 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.