Socket Mobile Q1 FY26 net loss narrows to $899,576; revenue falls 7% to $3.7 million

Socket Mobile

Socket Mobile

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  • Socket Mobile posted a Q1 2026 net loss of USD 899,576 as revenue fell 7% to about USD 3.7 million.
  • Gross margin widened 0.9 percentage point to 51.3%.
  • Operating expenses eased as R&D expense dipped 4% to about USD 1.09 million while sales and marketing expense dropped 19% to about USD 902,000.
  • Net cash used in operating activities totaled USD 768,856, while net cash provided by financing activities was USD 500,000 from proceeds of a subordinated convertible note.
  • Management attributed the revenue decline to weaker demand in domestic and international markets, citing reduced purchasing activity from key customers.


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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000944075-26-000040), on May 13, 2026, and is solely responsible for the information contained therein.

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