Company / Gross Profit
SOCKET MOBILE, INC. Gross Profit History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$9.5M
FY2025
5-year range
$8.3M / $12.4M
FY2021-FY2025
Trend
+11.7%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Profit returned to growth in FY2025 after 2 years of decline, reaching $9M.
Based on SEC 10-K filings.
$9M in FY2025 with a 5-year CAGR of -1.3%.
Declined from $10M to $9M over the past 2 years.
Gross Profit over time
Growth rates
- 3-Year CAGR
- -8.7%
- 5-Year CAGR
- -1.3%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -1.3%, indicating a declining trend.
- In FY2025, gross profit increased 11.7% year-over-year.
- Peak gross profit was recorded in FY2022.
- Lowest gross profit in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score -1.27 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $9.5M | +11.7% |
| FY2024 | $8.5M | -18.4% |
| FY2023 | $10.4M | -16.6% |
| FY2022 | $12.4M | +49.2% |
| FY2021 | $8.3M | -17.5% |
| FY2020 | $10.1M | +19.4% |
| FY2019 | $8.5M | -25.8% |
| FY2018 | $11.4M | +9.2% |
| FY2017 | $10.4M | +16.8% |
| FY2016 | $8.9M | +20.5% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026