Socket Mobile (SCKT) Q4 2025 earnings summary

Executive summary

• Revenue for Q4 2025 was $4 million, down 18% year-over-year but up 28% sequentially from Q3 2025.

• Full year 2025 revenue was $15.1 million, a 19.6% decrease from 2024.

• Maintained resilient gross margins through disciplined cost management and operational efficiency.

• Net loss per share for Q4 was $1.43; full year net loss per share was $1.81, reflecting a significant one-time tax adjustment.

• Expanded product portfolio and technology capabilities despite challenging macroeconomic and distributor conditions.

Financial highlights

• Q4 gross margin was 50.2%, compared to 51% in Q4 2024 and 47.7% in Q3 2025.

• Full year gross margin was 49.7%, compared to 50.4% in 2024.

• Q4 operating loss was $0.6 million; full year operating loss was $3.2 million.

• Adjusted EBITDA for Q4 was a loss of $94,000; full year adjusted EBITDA was -$1.2 million.

• Ended 2025 with $2 million in cash, down from $2.5 million at prior year-end.

Outlook and guidance

• Entered 2026 with a reasonable start and significant follow-up activity from the Apple event.

• Q1 2026 expected to be on track, with neither excessive optimism nor pessimism.

• Focus remains on delivering dependable, high-quality data capture solutions and pursuing high-value enterprise opportunities.

• Continued investment in product development and global reach is planned to drive long-term value.