Socket Mobile Q4 revenue falls 18%, reports loss on tax adjustment

Socket Mobile

19/02/2026 21:34

Overview

Data capture provider's Q4 revenue fell 18% yr/yr, sequentially up 28%

Net loss per share was $1.43, impacted by a $10.7 mln tax adjustment

Company expanded product lineup and international presence despite macroeconomic challenges

Outlook

Company did not provide specific financial guidance for future quarters or the full year

Result Drivers

PRODUCT INNOVATION - Co launched CaptureSDK 2.0 and new hardware products, enhancing its mobile data capture offerings

INTERNATIONAL EXPANSION - Co strengthened international presence with product approvals in Japan

GROSS MARGIN RESILIENCE - Despite sales volume impact, gross margins remained resilient due to cost management

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$3.96 mln
Q4 Net Income
-$11.39 mln
Q4 Operating Expenses
$2.58 mln
Q4 Operating Income
-$590,000


Press Release: ID:nPn4VjpYWa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)