Socket Mobile Reports Q3 Revenue Down 20% to $3.1 Million

Reuters10-23
<a href="https://laohu8.com/S/SCKT">Socket Mobile</a> Reports Q3 Revenue Down 20% to $3.1 Million

Socket Mobile Inc. reported revenue of $3.1 million for the third quarter of 2025, a decrease of 20% from $3.9 million in the same quarter last year and a 23% decrease from $4.0 million in the previous quarter. Gross margin was 47.7%, compared to 49.0% in the prior year's quarter and 49.9% in the preceding quarter. Operating expenses were $2.5 million, down from $2.9 million in the same period last year and $2.7 million in the previous quarter. The cash balance as of September 30, 2025, was approximately $2.0 million, compared to $2.6 million at June 30, 2025, and $2.5 million at December 31, 2024.

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