Socket Mobile, Inc. (SCKT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 3.7M | 3.96M | 3.11M | 4.04M | 3.97M | 4.83M | 3.87M | 5.08M | 4.98M | 4.4M | 3.21M | 5.12M | 4.31M | 5.17M | 3.73M | 6.05M | 6.29M | 6.11M | 6.32M | 5.95M |
| Revenue Growth % | -6.71% | -17.95% | -19.77% | -20.46% | -20.33% | 9.84% | 20.79% | -0.7% | 15.44% | -14.94% | -14.01% | -15.36% | -31.48% | -15.43% | -41% | 1.56% | 30.75% | 31.33% | 53.79% | 119.26% |
| Cost of Goods Sold | 1.8M | 1.97M | 1.63M | 2.02M | 1.97M | 2.37M | 1.98M | 2.5M | 2.47M | 2.08M | 1.79M | 2.47M | 2.24M | 2.62M | 2.07M | 3.01M | 3.17M | 2.93M | 2.9M | 2.7M |
| COGS % of Revenue | 48.73% | 49.76% | 52.34% | 50.07% | 49.62% | 48.98% | 51.01% | 49.14% | 49.68% | 47.24% | 55.76% | 48.18% | 51.94% | 50.72% | 55.61% | 49.79% | 50.3% | 47.92% | 45.83% | 45.32% |
| Gross Profit | 1.9M | 1.99M | 1.48M | 2.02M | 2M | 2.46M | 1.9M | 2.58M | 2.5M | 2.32M | 1.42M | 2.65M | 2.07M | 2.55M | 1.66M | 3.04M | 3.13M | 3.18M | 3.42M | 3.26M |
| Gross Margin % | 51.27% | 50.24% | 47.66% | 49.93% | 50.38% | 51.02% | 48.99% | 50.86% | 50.32% | 52.75% | 44.24% | 51.82% | 48.06% | 49.28% | 44.39% | 50.21% | 49.7% | 52.08% | 54.17% | 54.68% |
| Gross Profit Growth % | -5.05% | -19.2% | -21.96% | -21.91% | -20.24% | 6.25% | 33.77% | -2.54% | 20.86% | -8.96% | -14.31% | -12.65% | -33.74% | -19.98% | -51.65% | -6.74% | 21.51% | 28.6% | 50.57% | 139.17% |
| Operating Expenses | 2.66M | 2.58M | 2.54M | 2.69M | 2.89M | 2.88M | 2.93M | 3.12M | 2.99M | 2.8M | 2.82M | 2.94M | 3.03M | 2.7M | 2.6M | 2.85M | 2.66M | 2.5M | 2.47M | 2.44M |
| OpEx % of Revenue | 71.81% | 65.12% | 81.71% | 66.67% | 72.91% | 59.53% | 75.63% | 61.39% | 60.07% | 63.57% | 87.86% | 57.51% | 70.22% | 52.21% | 69.8% | 47.08% | 42.33% | 40.84% | 39.07% | 41% |
| Selling, General & Admin | 1.57M | 1.49M | 1.51M | 1.59M | 1.76M | 1.76M | 1.77M | 1.89M | 1.78M | 1.61M | 1.61M | 1.75M | 1.78M | 1.61M | 1.51M | 1.73M | 1.61M | 1.45M | 1.46M | 1.47M |
| SG&A % of Revenue | 42.35% | 37.59% | 48.66% | 39.44% | 44.38% | 36.38% | 45.62% | 37.15% | 35.8% | 36.55% | 50.23% | 34.26% | 41.3% | 31.11% | 40.4% | 28.54% | 25.59% | 23.72% | 23.03% | 24.67% |
| Research & Development | 1.09M | 1.09M | 1.03M | 1.1M | 1.13M | 1.12M | 1.16M | 1.23M | 1.21M | 1.19M | 1.21M | 1.19M | 1.25M | 1.13M | 1.1M | 1.12M | 1.05M | 1.05M | 1.01M | 972.29K |
| R&D % of Revenue | 29.46% | 27.52% | 33.04% | 27.24% | 28.54% | 23.16% | 30.01% | 24.24% | 24.27% | 27.01% | 37.63% | 23.25% | 28.92% | 21.94% | 29.4% | 18.54% | 16.74% | 17.13% | 16.05% | 16.33% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | -148 | -421 | 0 | 0 | 0 | 326 | 0 | 0 | 0 | -43.57K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -760K | -589.52K | -1.06M | -677K | -894K | -411K | -1.03M | -535.14K | -485.18K | -475.47K | -1.4M | -291.56K | -955.41K | -151.58K | -947K | 189.28K | 463.7K | 687.26K | 954K | 814.34K |
| Operating Margin % | -20.54% | -14.87% | -34.05% | -16.75% | -22.54% | -8.51% | -26.63% | -10.53% | -9.75% | -10.81% | -43.62% | -5.7% | -22.16% | -2.93% | -25.4% | 3.13% | 7.37% | 11.24% | 15.1% | 13.68% |
| Operating Income Growth % | 14.99% | -43.43% | -2.59% | -26.51% | -84.26% | 13.56% | 26.26% | -83.55% | 49.22% | -213.68% | -47.68% | -254.03% | -306.04% | -122.06% | -199.27% | -76.76% | 91.61% | 30.1% | 123.98% | 200.54% |
| EBITDA | -335.05K | -147.25K | -593.16K | -205.53K | -428.15K | 6.8K | -631.82K | -144.59K | -112.08K | -104.58K | -1.03M | 43.98K | -639.39K | -4.82K | -689.39K | 574.48K | 769.87K | 890.52K | 1.16M | 1M |
| EBITDA Margin % | -9.06% | -3.71% | -19.09% | -5.08% | -10.8% | 0.14% | -16.32% | -2.85% | -2.25% | -2.38% | -32.03% | 0.86% | -14.83% | -0.09% | -18.49% | 9.5% | 12.23% | 14.56% | 18.31% | 16.85% |
| EBITDA Growth % | 21.74% | -2263.79% | 6.12% | -42.15% | -281.99% | 106.51% | 38.48% | -428.79% | 82.47% | -2069.32% | -48.97% | -92.35% | -183.05% | -100.54% | -159.58% | -42.73% | 89.61% | 29.4% | 130.2% | 250.45% |
| D&A (Non-Cash Add-back) | 424.95K | 442.27K | 464.83K | 471.47K | 465.85K | 417.81K | 399.45K | 390.56K | 373.09K | 370.89K | 371.57K | 335.53K | 316.02K | 146.76K | 257.61K | 385.19K | 306.16K | 203.26K | 203.05K | 188.83K |
| EBIT | -760K | -589.52K | -1.06M | -677K | -893.53K | -411.04K | -1.03M | -535.14K | -485.18K | -475.55K | -1.4M | -291.56K | -955.41K | -151.58K | -946.91K | 189.28K | 463.7K | 742.26K | 954K | 814.34K |
| Net Interest Income | -140K | -141.27K | -140.06K | -115K | -100.47K | -101.96K | -84.16K | -72.49K | -72.24K | -72.45K | -76.44K | -55.26K | -38.01K | -41.35K | -43.09K | -45.01K | -45.61K | -49K | -50.15K | -51.43K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 140K | 141.27K | 140.06K | 115K | 100.47K | 101.96K | 84.16K | 72.49K | 72.24K | 72.45K | 76.44K | 55.26K | 38.01K | 41.35K | 43.09K | 45K | 45.61K | 49K | 50K | 51.43K |
| Other Income/Expense | -140K | -141.27K | -140.06K | -115K | -100K | -102K | -84.16K | -72.49K | -72.24K | -72.45K | -76.44K | -55.26K | -38.01K | -41.35K | -43.09K | -45.01K | -45.61K | 6.34K | -50.15K | -51.43K |
| Pretax Income | -900K | -730.79K | -1.2M | -792K | -994K | -513K | -1.12M | -607.63K | -557.41K | -548K | -1.47M | -346.82K | -993.42K | -192.93K | -990K | 144.28K | 418.1K | 693.6K | 904K | 762.91K |
| Pretax Margin % | -24.32% | -18.44% | -38.56% | -19.59% | -25.06% | -10.62% | -28.81% | -11.96% | -11.2% | -12.46% | -46.01% | -6.78% | -23.04% | -3.73% | -26.56% | 2.39% | 6.64% | 11.34% | 14.31% | 12.82% |
| Income Tax | 0 | 10.66M | 0 | 0 | 0 | -551K | 0 | 0 | 0 | -1.46M | -150K | 166K | 0 | -708K | -116K | 40.32K | 76.17K | -299.02K | 260K | -1.86M |
| Effective Tax Rate % | 0% | -1459.17% | 0% | 0% | 0% | 107.41% | 0% | 0% | 0% | 266.42% | 10.17% | -47.86% | 0% | 366.98% | 11.72% | 27.95% | 18.22% | -43.11% | 28.76% | -244.35% |
| Net Income | -900K | -11.39M | -1.2M | -792K | -994K | 38K | -1.12M | -607.63K | -557.41K | 912.08K | -1.32M | -512.82K | -993.42K | 515.07K | -874K | 103.96K | 341.93K | 992.62K | 644K | 2.63M |
| Net Margin % | -24.32% | -287.45% | -38.56% | -19.59% | -25.06% | 0.79% | -28.81% | -11.96% | -11.2% | 20.74% | -41.33% | -10.02% | -23.04% | 9.96% | -23.44% | 1.72% | 5.43% | 16.23% | 10.19% | 44.13% |
| Net Income Growth % | 9.46% | -30084.76% | -7.41% | -30.34% | -78.32% | -95.83% | 15.82% | -18.49% | 43.89% | 77.08% | -51.6% | -593.29% | -390.53% | -48.11% | -235.71% | -96.04% | 68.52% | -37.28% | 116.09% | 442.07% |
| Net Income (Continuing) | -900K | -11.39M | -1.2M | -792K | -994K | 38K | -1.12M | -607.63K | -557.41K | 912.08K | -1.32M | -512.82K | -993.42K | 515.07K | -874.03K | 103.96K | 341.93K | 992.62K | 643.63K | 2.63M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.11 | -1.43 | -0.15 | -0.10 | -0.13 | 0.01 | -0.15 | -0.08 | -0.07 | 0.06 | -0.16 | -0.07 | -0.10 | 0.06 | -0.12 | 0.01 | 0.04 | 0.11 | 0.07 | 0.27 |
| EPS Growth % | 15.38% | - | 0% | -24.44% | -73.8% | -91.54% | 6.25% | -12.01% | 21.51% | 5.16% | -33.33% | -626.47% | -315.12% | -48.91% | -271.43% | -94.96% | 47.67% | -52.17% | 111.29% | 307.69% |
| EPS (Basic) | -0.11 | -1.43 | -0.15 | -0.10 | -0.13 | 0.01 | -0.15 | -0.08 | -0.07 | 0.08 | -0.16 | -0.07 | -0.10 | 0.06 | -0.12 | 0.01 | 0.04 | 0.13 | 0.08 | 0.34 |
| Diluted Shares Outstanding | 8.14M | 7.97M | 7.96M | 7.94M | 7.83M | 7.7M | 7.6M | 7.57M | 7.44M | 9.49M | 7.32M | 7.16M | 7.11M | 8.25M | 7.15M | 7.64M | 7.72M | 8.88M | 8.94M | 8.91M |
| Basic Shares Outstanding | 8.14M | 7.97M | 7.96M | 7.94M | 7.83M | 7.7M | 7.44M | 7.57M | 7.44M | 7.33M | 7.32M | 7.16M | 7.11M | 7.13M | 7.11M | 7.64M | 7.72M | 7.18M | 7.16M | 7.13M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |