earnings
confidence high
sentiment negative
materiality 0.65
Socket Mobile Q2 revenue down 25% YoY to $3.0M; operating loss widens to $1.2M
SOCKET MOBILE, INC.
- Revenue of $3.0M, down 25% from $4.0M in Q2 2025 and 18% sequentially from $3.7M.
- Gross margin 46.4% vs 49.9% a year ago and 51.3% in prior quarter.
- Operating loss of $1,195,000 compared to $677,000 loss in Q2 2025.
- Cash balance $1.6M at June 30, 2026, slightly down from $1.7M at March 31, 2026.
- CEO cites continued retail market challenges; cost management initiatives to continue.