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Socket Mobile Q1 FY26 net loss narrows to $900,000; revenue drops 7% to $3.7 million

PUBT·05/05/2026 20:18:50
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Socket Mobile Q1 FY26 net loss narrows to $900,000; revenue drops 7% to $3.7 million
  • Socket Mobile posted Q1 2026 revenue of USD 3.7 million, down 7% year over year.
  • Net loss narrowed to USD 900,000; loss per share improved to USD 0.11.
  • Gross margin rose to 51.3%, up 0.9 percentage points from a year earlier.
  • Operating loss improved to USD 800,000; operating expenses fell 8% to USD 2.7 million.
  • Completed USD 500,000 secured subordinated convertible note financing on March 27; launched SocketScan S721 and iPhone 17e solutions, added native Shopify support for SocketScan S721 and S741.


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: 202605051605PR_NEWS_USPR_____SF51940) on May 05, 2026, and is solely responsible for the information contained therein.