Socket Mobile 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.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Socket Mobile Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: SF04588) on October 22, 2025, and is solely responsible for the information contained therein.
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