SOCKET MOBILE, INC. Income Statement
SCKT|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
SOCKET MOBILE, INC. reported $19M in revenue and $2M in net loss for FY2025. Revenue has grown at a 0.7% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.8M | $17.0M | $21.2M | $23.2M | $15.7M | $19.3M | $16.5M | $21.3M | $20.8M | $18.4M | $17.0M | $15.7M | $13.6M | $13.5M | $17.1M |
| Cost of Revenue | $9.3M | $8.6M | $10.9M | $10.8M | $7.4M | $9.2M | $8.0M | $9.9M | $10.4M | $9.5M | $9.6M | $9.4M | $8.5M | $8.1M | $9.8M |
| Gross Profit | $9.5M | $8.5M | $10.4M | $12.4M | $8.3M | $10.1M | $8.5M | $11.4M | $10.4M | $8.9M | $7.4M | $6.3M | $5.0M | $5.4M | $7.4M |
| SG&A Expense | $2.8M | $2.7M | $2.8M | $2.8M | $2.3M | $2.6M | $2.4M | $2.5M | $2.2M | $2.0M | $2.0M | $1.8M | $2.0M | $2.5M | $2.2M |
| R&D Expense | $4.7M | $4.8M | $4.4M | $4.0M | $3.1M | $3.9M | $3.6M | $3.5M | $2.9M | $2.3M | $2.3M | $2.3M | $2.7M | $2.5M | $2.9M |
| Operating Income | -$2.5M | -$3.1M | -$446.0K | $2.7M | -$4.4M | $606.4K | -$586.0K | $2.4M | $2.6M | $2.1M | $930.8K | -$122.6K | -$3.0M | -$3.7M | -$8.3M |
| Interest Expense | -$330.8K | -$242.2K | -$175.1K | $198.9K | $97.5K | $100.7K | $128.6K | $79.4K | $131.3K | $279.2K | $207.3K | $263.8K | $257.0K | $245.8K | $224.7K |
| Income Tax | $551.0K | $1.4M | $708.0K | $1.9M | $50.6K | $219.1K | $143.5K | -$1.1M | -$9.7M | $31.9K | $31.9K | $31.9K | $31.9K | $15.5K | - |
| Net Income | -$2.2M | -$1.9M | $86.9K | $4.5M | -$3.3M | $286.6K | -$571.1K | -$1.4M | $12.1M | $1.8M | $432.1K | -$620.5K | -$3.3M | -$4.0M | -$7.9M |
| EPS (Basic) | -$0.30 | -$0.27 | $0.01 | $0.58 | -$0.51 | $0.05 | -$0.09 | - | $2.10 | $0.33 | $0.09 | -$0.13 | - | - | - |
| EPS (Diluted) | -$0.30 | -$0.27 | $0.01 | $0.48 | -$0.51 | $0.05 | -$0.09 | -$0.23 | $1.80 | $0.31 | $0.08 | -$0.13 | -$0.68 | -$1.05 | $2.21 |
| Shares Outstanding | 7.6M | 8.0M | 7.1M | 7.2M | 6.1M | 6.0M | 5.9M | 7.0M | 5.9M | 5.6M | 5.4M | 4.9M | 4.9M | 4.8M | 3.8M |
| Gross Margin | 50.4% | 49.7% | 48.8% | 53.6% | 53.1% | 52.5% | 51.4% | 53.5% | 50.2% | 48.6% | 43.5% | 40.3% | 37.2% | 40.0% | 43.0% |
| Operating Margin | -13.1% | -18.3% | -2.1% | 11.6% | -27.7% | 3.1% | -3.6% | 11.4% | 12.3% | 11.6% | 5.5% | -0.8% | -22.2% | -27.5% | -48.6% |
| Profit Margin | -11.9% | -11.3% | 0.4% | 19.3% | -20.9% | 1.5% | -3.5% | -6.7% | 58.4% | 9.9% | 2.5% | -4.0% | -24.3% | -29.4% | -46.1% |