Socket Mobile
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Socket Mobile (SCKT) investor relations material

Socket Mobile Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary4 Nov, 2026

Executive summary

  • Q3 revenue rose 9% YoY and 12% sequentially to $3.388M; cost management reduced operating expenses and narrowed the operating loss.

  • Nine-month revenue was $10.121M, down 9% YoY, while net loss was $3.035M.

Financial highlights

  • Q3 revenue was $3.388M versus $3.107M YoY; gross profit was $1.648M versus $1.481M.

  • Q3 operating expenses were $2.291M versus $2.539M YoY; operating loss narrowed to $643K from $1.058M, and net loss narrowed to $789K from $1.198M.

  • Q3 adjusted EBITDA loss was $262K versus $540K YoY and $745K QoQ; diluted loss per share was $0.09 versus $0.15 YoY and $0.16 QoQ.

  • Nine-month gross profit was $4.95M versus $5.50M; operating loss was $2.60M versus $2.63M, and net loss was $3.035M versus $2.984M.

  • Cash and equivalents were $1.403M at September 30, 2026, versus $2.032M at December 31, 2025; stockholders’ equity was $1.812M versus $4.278M.

Outlook and guidance

  • No numerical revenue or earnings guidance was stated; management cited signs of revenue stabilization after lower first-half sales.

  • Priorities through year-end include disciplined expense management, revenue stabilization, and expanding enterprise and data-capture opportunities.

  • Industrial opportunities include 2026 fulfillment, projects delayed into H1 2027, and newer prospects targeting both halves of 2027; revenue may become more consistent as wins accumulate.

  • XtremeScan paired with iPhone 17e targets industrial applications; BYOD was identified as an underserved market with growth potential.

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Frequently asked questions

Socket Mobile Inc. is a technology company that designs and manufactures data capture and delivery solutions, primarily focusing on mobile barcode scanners and related devices. The company's products are used in a variety of industries, including retail, hospitality, logistics, and healthcare, to streamline business operations and improve data accuracy. Socket Mobile's barcode scanning solutions are compatible with mobile applications on smartphones, tablets, and other handheld devices, supporting seamless integration for tasks such as inventory management, asset tracking, and point-of-sale operations. The company is headquartered in Newark, California, USA, and its shares are listed on the NASDAQ.