Socket Mobile Q3 revenue rises 9% to $3.4 million; quarterly loss narrows
Socket Mobile reported third-quarter 2026 revenue of $3.4 million, up 9% from a year earlier, and an operating loss of $643,000, down from $1,058,000. For the nine months, revenue fell to $10.1 million from $11.1 million and the net loss widened to $3.0 million, so shareholders see a better quarter but a weaker year to date.
Key points
- Q3 2026 revenue was $3.4 million, up 9% from $3.1 million a year earlier and up 12% from $3.0 million in Q2 2026.
- Q3 2026 gross margin was 48.6%, compared with 47.7% a year earlier; operating expenses fell to $2.3 million from $2.5 million.
- Nine-month 2026 revenue was $10.1 million versus $11.1 million; nine-month net loss was $3.0 million, compared with $3.0 million a year earlier.
- Cash was $1.4 million at September 30, 2026, down from $2.0 million at December 31, 2025.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.