Company / Net Income
SOCKET MOBILE, INC. Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
-$2.2M
FY2025
5-year range
-$3.3M / $4.5M
FY2021-FY2025
Trend
-16.8%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Net Income has declined for 3 consecutive years, from $4M in FY2022 to -$2M in FY2025.
Based on SEC 10-K filings.
-$2M in FY2025.
Declined from $86,931 to -$2M over the past 2 years.
Net Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- SOCKET MOBILE, INC.'s net income has declined for 3 consecutive years.
- In FY2025, net income decreased 16.8% year-over-year.
- Peak net income was recorded in FY2017.
- Lowest net income 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 | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$2.2M | -16.8% |
| FY2024 | -$1.9M | -2307.7% |
| FY2023 | $86.9K | -98.1% |
| FY2022 | $4.5M | +236.2% |
| FY2021 | -$3.3M | -1244.0% |
| FY2020 | $286.6K | +150.2% |
| FY2019 | -$571.1K | +60.1% |
| FY2018 | -$1.4M | -111.8% |
| FY2017 | $12.1M | +568.3% |
| FY2016 | $1.8M | +320.6% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026