Socket Mobile (SCKT)
Market Price (2/27/2026): $0.9 | Market Cap: $7.2 MilSector: Information Technology | Industry: Technology Hardware, Storage & Peripherals
Socket Mobile (SCKT)
Market Price (2/27/2026): $0.9Market Cap: $7.2 MilSector: Information TechnologyIndustry: Technology Hardware, Storage & Peripherals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Megatrend and thematic driversMegatrends include Digital Transformation & Efficiency. Themes include Mobile Data Capture Solutions, Point-of-Sale (POS) Technology, and Supply Chain Digitization. | Weak multi-year price returns2Y Excs Rtn is -51%, 3Y Excs Rtn is -131% | Penny stockMkt Price is 0.9 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -3.0 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -19% | ||
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 82% | ||
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -13%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -9.9%, Rev Chg QQuarterly Revenue Change % is -20% | ||
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -14% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -45% | ||
| Key risksSCKT key risks include [1] constrained liquidity and high cash burn threatening its critical pivot to industrial solutions as core revenues decline, Show more. |
| Megatrend and thematic driversMegatrends include Digital Transformation & Efficiency. Themes include Mobile Data Capture Solutions, Point-of-Sale (POS) Technology, and Supply Chain Digitization. |
| Weak multi-year price returns2Y Excs Rtn is -51%, 3Y Excs Rtn is -131% |
| Penny stockMkt Price is 0.9 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -3.0 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -19% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 82% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -13%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -9.9%, Rev Chg QQuarterly Revenue Change % is -20% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -14% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -45% |
| Key risksSCKT key risks include [1] constrained liquidity and high cash burn threatening its critical pivot to industrial solutions as core revenues decline, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Socket Mobile (SCKT) stock has lost about 5% since 10/31/2025 because of the following key factors:
1. Significant Decline in Fourth Quarter and Full-Year 2025 Financial Performance.
Socket Mobile reported a substantial decrease in revenue and an increase in net losses for both the fourth quarter and the full year 2025, which was announced on February 19, 2026. Fourth-quarter 2025 revenue decreased by 18% year-over-year to $4.0 million from $4.8 million in the comparable prior-year quarter. The full-year 2025 revenue also saw a 19.6% year-over-year decline, falling to $15.1 million compared to $18.8 million in 2024. The company's net loss per share for Q4 2025 was ($1.43), a significant drop from $0.00 diluted EPS in Q4 2024, and the full-year net loss per share increased to ($1.81) from ($0.30) in 2024.
2. One-Time $10.7 Million Valuation Allowance on Deferred Tax Assets.
A one-time, non-cash adjustment played a crucial role in the reported losses. Socket Mobile recognized a full valuation allowance of $10.7 million against its deferred tax assets as of December 31, 2025, in accordance with ASC 740. This resulted in a $10.7 million income tax expense for 2025, substantially impacting the reported net loss per share.
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1. Significant Decline in Fourth Quarter and Full-Year 2025 Financial Performance.
Socket Mobile reported a substantial decrease in revenue and an increase in net losses for both the fourth quarter and the full year 2025, which was announced on February 19, 2026. Fourth-quarter 2025 revenue decreased by 18% year-over-year to $4.0 million from $4.8 million in the comparable prior-year quarter. The full-year 2025 revenue also saw a 19.6% year-over-year decline, falling to $15.1 million compared to $18.8 million in 2024. The company's net loss per share for Q4 2025 was ($1.43), a significant drop from $0.00 diluted EPS in Q4 2024, and the full-year net loss per share increased to ($1.81) from ($0.30) in 2024.
2. One-Time $10.7 Million Valuation Allowance on Deferred Tax Assets.
A one-time, non-cash adjustment played a crucial role in the reported losses. Socket Mobile recognized a full valuation allowance of $10.7 million against its deferred tax assets as of December 31, 2025, in accordance with ASC 740. This resulted in a $10.7 million income tax expense for 2025, substantially impacting the reported net loss per share.
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Stock Movement Drivers
Fundamental Drivers
The -5.1% change in SCKT stock from 10/31/2025 to 2/26/2026 was primarily driven by a -4.6% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 10312025 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.94 | 0.90 | -5.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 17 | 16 | -4.6% |
| P/S Multiple | 0.4 | 0.4 | -0.3% |
| Shares Outstanding (Mil) | 8 | 8 | -0.3% |
| Cumulative Contribution | -5.1% |
Market Drivers
10/31/2025 to 2/26/2026| Return | Correlation | |
|---|---|---|
| SCKT | -5.1% | |
| Market (SPY) | 1.1% | -10.6% |
| Sector (XLK) | -6.2% | -5.4% |
Fundamental Drivers
The -20.1% change in SCKT stock from 7/31/2025 to 2/26/2026 was primarily driven by a -10.2% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 7312025 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.12 | 0.90 | -20.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 18 | 16 | -10.2% |
| P/S Multiple | 0.5 | 0.4 | -9.5% |
| Shares Outstanding (Mil) | 8 | 8 | -1.7% |
| Cumulative Contribution | -20.1% |
Market Drivers
7/31/2025 to 2/26/2026| Return | Correlation | |
|---|---|---|
| SCKT | -20.1% | |
| Market (SPY) | 9.4% | -1.4% |
| Sector (XLK) | 7.5% | -0.1% |
Fundamental Drivers
The -38.3% change in SCKT stock from 1/31/2025 to 2/26/2026 was primarily driven by a -25.7% change in the company's P/S Multiple.| (LTM values as of) | 1312025 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.45 | 0.90 | -38.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 18 | 16 | -13.0% |
| P/S Multiple | 0.6 | 0.4 | -25.7% |
| Shares Outstanding (Mil) | 8 | 8 | -4.5% |
| Cumulative Contribution | -38.3% |
Market Drivers
1/31/2025 to 2/26/2026| Return | Correlation | |
|---|---|---|
| SCKT | -38.3% | |
| Market (SPY) | 15.5% | 8.5% |
| Sector (XLK) | 22.8% | 8.3% |
Fundamental Drivers
The -63.1% change in SCKT stock from 1/31/2023 to 2/26/2026 was primarily driven by a -42.9% change in the company's P/S Multiple.| (LTM values as of) | 1312023 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.42 | 0.90 | -63.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 22 | 16 | -28.1% |
| P/S Multiple | 0.8 | 0.4 | -42.9% |
| Shares Outstanding (Mil) | 7 | 8 | -10.2% |
| Cumulative Contribution | -63.1% |
Market Drivers
1/31/2023 to 2/26/2026| Return | Correlation | |
|---|---|---|
| SCKT | -63.1% | |
| Market (SPY) | 75.9% | 10.8% |
| Sector (XLK) | 111.7% | 10.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SCKT Return | 71% | -53% | -40% | 15% | -23% | -11% | -62% |
| Peers Return | 47% | -43% | 61% | 16% | 118% | 12% | 282% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 85% |
Monthly Win Rates [3] | |||||||
| SCKT Win Rate | 42% | 42% | 33% | 42% | 33% | 50% | |
| Peers Win Rate | 61% | 33% | 69% | 61% | 58% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | |
Max Drawdowns [4] | |||||||
| SCKT Max Drawdown | 0% | -57% | -52% | -20% | -31% | -11% | |
| Peers Max Drawdown | -9% | -46% | -2% | -9% | -34% | -18% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: BGIN, VTIX, AAPL, WDC, STX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/26/2026 (YTD)
How Low Can It Go
| Event | SCKT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -95.5% | -25.4% |
| % Gain to Breakeven | 2130.9% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -51.9% | -33.9% |
| % Gain to Breakeven | 107.7% | 51.3% |
| Time to Breakeven | 30 days | 148 days |
| 2018 Correction | ||
| % Loss | -71.1% | -19.8% |
| % Gain to Breakeven | 246.2% | 24.7% |
| Time to Breakeven | 782 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | 17.6% | -56.8% |
| % Gain to Breakeven | -15.0% | 131.3% |
| Time to Breakeven | 1,236 days | 1,480 days |
Compare to BGIN, VTIX, AAPL, WDC, STX
In The Past
Socket Mobile's stock fell -95.5% during the 2022 Inflation Shock from a high on 2/16/2021. A -95.5% loss requires a 2130.9% gain to breakeven.
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About Socket Mobile (SCKT)
Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. The company's products are incorporated into mobile applications used in point of sale, commercial services, asset tracking, manufacturing process and quality control, transportation and logistics, event management, medical, and education. It provides cordless data capture devices that connect over Bluetooth and work with applications running on smartphones, mobile computers, and tablets; and software developer kits to application developers to enable them to provide their users with its advanced barcode scanning features. The company's cordless data capture devices include DuraScan 700 series, including D700 1D linear imaging scanner; D730 1D laser barcode scanner; D740, D745, D750, D755, and D760 universal barcode scanners that reads all common 1D, stacked, 2D, and postal codes; and SocketScan 800 series cordless barcode scanners, including S800, a 1D linear imaging scanner, and S840 and S860 2D scanner that are attachable to smartphones, tablets, and other mobile devices. It also provides D600 contactless RFID/Near Field Communications reader writer that can read and write various types of electronic SmartTags or transfer data with near field communication; and S550, a contactless membership card reader/writer. The company offers SocketCare services program, which provides extended warranty and accidental breakage coverage for various products. It serves retail, commercial, industrial and manufacturing, transportation and logistics, healthcare, government, travel and hospitality, education, and agriculture and farming industries through a network of distributors, online resellers, and application providers, as well as online stores. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was incorporated in 1992 and is headquartered in Newark, California.
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- Like Logitech, but specializing in professional barcode scanners and RFID readers that connect to smartphones and tablets for business use.
- Imagine a Square (Block) for barcode and RFID scanning, empowering businesses to use their mobile devices for inventory, point-of-sale, and other data capture tasks.
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- Portable Barcode Scanners: Handheld, Bluetooth-enabled devices designed for fast and accurate data capture from 1D and 2D barcodes.
- RFID Readers: Devices that enable the reading and writing of Radio Frequency Identification (RFID) tags for inventory and asset tracking.
- DuraSled Barcode Scanners: Integrated solutions that attach and combine Socket Mobile scanners with popular mobile devices like iPhones or iPods into a durable sled.
- Developer Tools & SDKs: Software Development Kits and libraries provided to developers to easily integrate Socket Mobile's data capture hardware into their applications.
- Accessories: Complementary products such as charging docks, protective cases, and mounts designed to enhance the usability and longevity of their devices.
AI Analysis | Feedback
Socket Mobile (SCKT) sells primarily to other companies (B2B model) rather than directly to individuals. The company develops and manufactures portable data capture devices, such as barcode scanners and RFID readers, which are integrated into mobile applications and systems developed by its customers.
According to its financial filings, Socket Mobile does not currently have any single customer that accounts for more than 10% of its net revenues, meaning there isn't one dominant "major customer" that can be individually named based on revenue concentration from public disclosures. However, its major customer categories and sales channels primarily include:
- Independent Software Vendors (ISVs): These companies develop specialized software applications (e.g., for mobile point-of-sale, inventory management, asset tracking, healthcare, event management) and integrate Socket Mobile's hardware as a key component of their overall solution. These ISVs then sell their complete solutions to end-user businesses.
- Value-Added Resellers (VARs): VARs purchase Socket Mobile products and bundle them with other hardware, software, and services to create complete, customized solutions for their end-user clients across a diverse range of industries, including retail, logistics, field service, and government.
- Original Equipment Manufacturers (OEMs): OEMs incorporate Socket Mobile's scanning and RFID technology directly into their own manufactured products or systems, often as embedded components.
- Distributors: Large technology distributors act as a primary sales channel for Socket Mobile, selling its products to ISVs, VARs, and larger enterprise customers globally. While these distributors are direct customers of Socket Mobile, they serve as intermediaries in reaching the ultimate businesses that use the technology. Examples of such distributors, although not specifically named as "major customers" by SCKT, include large entities like Ingram Micro and TD Synnex (SNX).
Given the nature of its business and stated customer diversification, Socket Mobile focuses on enabling a broad ecosystem of partners to deliver mobile data capture solutions across various vertical markets.
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Kevin J. Mills President & Chief Executive Officer
Kevin J. Mills was appointed President and Chief Executive Officer of Socket Mobile, and a member of its Board of Directors, in March 2000. Prior to this, he served as Vice President of Operations, Vice President of Engineering, and Chief Operating Officer at Socket Mobile. Before joining Socket Mobile, he spent six years at Logitech, Inc., a computer peripherals company, where he most recently served as Director of Operations. Mr. Mills began his career as Quality Assurance Manager for NorthStar Computers Ireland. He holds a B.E. degree with honors in Electronic Engineering from the University of Limerick, Ireland.
Lynn Zhao Vice President of Finance and Administration, Secretary and Chief Financial Officer
Lynn Zhao was appointed to the position of Chief Financial Officer in May 2019. She has served as the Company's Controller since January 2015 and was appointed as Vice President and Controller in September 2017. Ms. Zhao is a member of the Company's Executive Leadership team.
Leonard L. Ott Senior VP and Chief Information Officer
Leonard L. Ott was appointed Executive Vice President of Engineering in January 2019. He is responsible for Socket Mobile's strategic technical direction and manages the Company's internal IT infrastructure. Joining Socket Mobile in March 1994, Mr. Ott held increasingly responsible positions, starting as Senior Software Engineer and then Director of Software Development. He has been active in various trade associations and technical groups setting standards for mobile devices. Before joining Socket Mobile, Mr. Ott was Vice President of Research and Development with Vision Network Systems. He holds a B.A. degree in Computer Science from the University of California at Berkeley.
Dave Holmes Chief Business Officer
Dave Holmes was appointed Chief Business Officer in May 2021. In this role, he is responsible for Socket Mobile's worldwide business development and marketing activities. Mr. Holmes is recognized as a pioneer in the NFC and mobile payments industry, with over 20 years of experience. His past experience includes working with NFC industry leaders NXP and Identive, and most recently, he was responsible for Global Strategic Accounts at UL's Cybersecurity division.
Eric Glaenzer Vice President and Chief Software Architect
Eric Glaenzer has been with Socket Mobile since February 2005. He initially served as Director of Software and later as Vice President and Chief Software Architect since January 2019. From 2003 to 2005, Mr. Glaenzer was the Company's Bluetooth Group Manager. He began his career in 1991 as a Project Leader at SAFRAN, where he was responsible for secure identification systems for the French army. Mr. Glaenzer holds an MBA degree from HEC, Paris, and a Bachelor of Science degree in Engineering from EPITA in France.
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Key Risks to Socket Mobile (SCKT)
Socket Mobile (SCKT) faces several significant business risks, primarily centered around its financial liquidity, the success of its strategic pivot, and intense market competition.
- Liquidity Constraints and Dependence on a High-Stakes Industrial Pivot: Socket Mobile is currently operating with limited cash reserves and experiencing a significant cash burn. As of the third quarter of 2025, the company reported approximately $2.0 million in cash, which provides a constrained runway for its operations. The company is undergoing a crucial strategic shift from its traditional retail barcode scanners to ruggedized industrial handheld computers integrated with iPhones, a pivot occurring while its core business experiences declining revenue (a 20% year-over-year decrease in Q3 2025). The success of this pivot, which involves long sales cycles and deployments with large enterprise customers, is critical, but these deployments have faced delays, creating a timing mismatch with the company's liquidity constraints.
- Intense Competition and Market Disruption: Socket Mobile operates in a highly competitive landscape, facing formidable rivals such as Zebra, Honeywell, and Cognex, which possess superior scale, distribution networks, and financial resources. Beyond traditional competitors, the company is also threatened by the increasing prevalence of camera-based scanning software offered by smartphone manufacturers and AI startups, which could erode Socket Mobile's market share in its core retail segment faster than its new industrial business can scale.
- Customer Concentration Risk: The success of Socket Mobile's strategic shift to industrial solutions is heavily reliant on securing and expanding relationships with large enterprise customers. Management has noted that "most of the interest and rollouts are with large enterprise customers." This reliance creates a significant customer concentration risk, where the loss of a single major client or substantial delays in their deployment schedules could materially and adversely impact the company's revenue projections and overall financial performance.
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The increasing capability and enterprise adoption of camera-based barcode scanning solutions running directly on standard smartphones and tablets represent a clear emerging threat. As smartphone camera technology improves in resolution, low-light performance, and depth sensing, and as computer vision and machine learning algorithms become more sophisticated and efficient, the performance gap between a smartphone camera and a dedicated hardware scanner is narrowing for many common use cases (e.g., 1D and some 2D scanning in retail, ticketing, light inventory). This can diminish the perceived need or value proposition for external, dedicated barcode scanners, especially for businesses seeking to leverage existing employee devices (BYOD) or minimize hardware costs by utilizing integrated software solutions on their existing mobile devices.
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Socket Mobile (SCKT) primarily operates within the barcode scanner and RFID reader markets, and has recently expanded into the mobile handheld computing market. These products and services fall under the broader Automatic Identification and Data Capture (AIDC) market.
Addressable Markets:
- Barcode Scanner Market: The global barcode reader market was valued at $7.4 billion in 2022 and is projected to reach $13.3 billion by 2032, with a Compound Annual Growth Rate (CAGR) of 6.3% from 2023 to 2032. North America held the largest regional market share for barcode readers in 2023. Other estimates for the global barcode scanner market size include USD 7.4 billion in 2024, projected to reach USD 13.0 billion by 2033 (CAGR of 6.13% from 2025-2033). Another report valued the global market at USD 7.86 billion in 2023, anticipating growth to USD 13.05 billion by 2030 (CAGR of 7.5% between 2024 and 2030).
- RFID Readers Market: The global RFID readers market was valued at USD 15.74 billion in 2023 and is expected to reach USD 35.91 billion by 2032, growing at a CAGR of 9.6% over the forecast period (2024-2032). North America is the largest regional market for RFID readers. Another source estimated the global RFID readers market at USD 14.06 billion in 2023, projected to reach USD 36.89 billion by 2032 (CAGR of 11.37% from 2024-2032).
- Mobile Handheld Computing Market: Socket Mobile announced its entry into the mobile handheld computing market, which is valued at $27 billion. The specific year for this valuation was not explicitly stated in the provided snippets, but the announcement was made in 2025.
- Automatic Identification and Data Capture (AIDC) Market: This broader market encompasses barcode scanners and RFID readers. The global AIDC market size was valued at USD 54.1 billion in 2023 and is projected to grow at a CAGR of 12.6% between 2024 and 2032, reaching USD 153.2 billion by 2032. The hardware segment, which includes barcode scanners and RFID readers, accounted for over 50% of the market share in 2023. North America held a significant share, accounting for 70% of the revenue in the U.S. AIDC market in 2023. Another estimate places the global AIDC market at USD 69.81 billion in 2024, with a projection to reach USD 136.86 billion by 2030 (CAGR of 11.7% from 2025-2030).
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Socket Mobile (SCKT) is anticipating several key drivers of future revenue growth over the next two to three years, focusing on market diversification and new product adoption.
- Expansion into the Industrial Market: Socket Mobile is strategically expanding its presence in the ruggedized scanning and handheld computing markets to diversify its revenue base beyond the traditional retail sector. The company has introduced its XtremeScan family of industrial barcode scanners, including the XtremeScan iXG and iXS series, designed for demanding environments such as warehousing, logistics, manufacturing, mining, energy, and construction. This expansion is expected to put Socket Mobile into the $27 billion mobile handheld computing market, with initial positive evaluations and projected momentum building in the coming quarters and years.
- Launch and Adoption of New Products: The company is banking on new product introductions to fuel growth. Key among these are the continued rollout and adoption of the XtremeScan family, including new BYOD (Bring Your Own Device) scanners that are fully compatible with devices like the iPhone 16. Additionally, the expansion of the DuraScan series, tailored for the logistics and manufacturing sectors, is expected to contribute to revenue. Socket Mobile also launched CaptureSDK 2.0, a foundational software platform that supports both current and future Bluetooth Low Energy (LE) barcode scanners, promising improved connection speeds and faster application integration. A new 1D/2D barcode scanner, the SocketScan S721, is also planned for release in late 2025.
- Replenishment of Channel Inventory: While recent financial reports indicated a decline in reported revenue due to distributors reducing their channel inventory, sales to end-users have remained stable. This suggests an impending need for distributors to restock their inventory to meet consistent end-user demand, which is anticipated to drive future revenue growth for Socket Mobile.
- Leveraging Apple Sales Opportunities: Socket Mobile is prioritizing continued investment in "Apple sales-related opportunities" as a strategic focus for long-term growth. The company has ensured that its CaptureSDK and entire line of barcode scanners and NFC reader/writers are fully compatible with iOS 18 and newer Apple devices like the iPhone 16, allowing users to integrate its industrial scanners with Apple's latest technology. Securing additional Apple-related opportunities is expected to deliver substantial long-term benefits.
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Share Repurchases
- Socket Mobile had a share repurchase program in place during 2021 and 2022.
- As of Q1 2024, there was no active share repurchase plan due to the company's cash position.
Share Issuance
- In August 2023, the company secured $1.6 million through subordinated convertible note financing.
- In May 2025, Socket Mobile completed a $1.5 million secured subordinated convertible note funding, with key insiders participating, where investors can convert principal into common stock at $1.07 per share.
- The number of common shares outstanding increased from 7,952,988 as of March 20, 2025, to 7,976,462 as of November 3, 2025.
Inbound Investments
- The company strengthened its balance sheet in August 2023 with a $1.6 million secured subordinated convertible note financing.
- In May 2025, Socket Mobile received $1.5 million in secured subordinated convertible note funding, with participation from key insiders, aimed at improving working capital.
Capital Expenditures
- Cash outflows for capital expenditures were approximately $50,000 in Q1 2025.
- The company plans to sustain investments in research and development and Apple sales-related opportunities.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Socket Mobile Earnings Notes | 12/16/2025 | |
| Socket Mobile Stock Up 5.8%, Buy Or Wait? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to SCKT.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 01302026 | ROP | Roper Technologies | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -7.3% | -7.3% | -15.0% |
| 01302026 | TDC | Teradata | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 6.6% | 6.6% | -8.7% |
| 01302026 | CVLT | CommVault Systems | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 1.0% | 1.0% | -5.1% |
| 01302026 | NTNX | Nutanix | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -2.3% | -2.3% | -6.3% |
| 01302026 | FICO | Fair Isaac | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -11.1% | -11.1% | -16.1% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 139.89 |
| Mkt Cap | 92.4 |
| Rev LTM | 10,396 |
| Op Inc LTM | 2,786 |
| FCF LTM | 1,990 |
| FCF 3Y Avg | 653 |
| CFO LTM | 2,346 |
| CFO 3Y Avg | 1,011 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 17.6% |
| Rev Chg 3Y Avg | 5.1% |
| Rev Chg Q | 18.6% |
| QoQ Delta Rev Chg LTM | 5.0% |
| Op Mgn LTM | 26.8% |
| Op Mgn 3Y Avg | 10.9% |
| QoQ Delta Op Mgn LTM | 1.4% |
| CFO/Rev LTM | 22.5% |
| CFO/Rev 3Y Avg | 9.3% |
| FCF/Rev LTM | 19.1% |
| FCF/Rev 3Y Avg | 4.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 92.4 |
| P/S | 8.9 |
| P/EBIT | 26.3 |
| P/E | 29.7 |
| P/CFO | 32.9 |
| Total Yield | 3.1% |
| Dividend Yield | 0.2% |
| FCF Yield 3Y Avg | 0.9% |
| D/E | 0.1 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -4.1% |
| 3M Rtn | -2.0% |
| 6M Rtn | 0.9% |
| 12M Rtn | -5.7% |
| 3Y Rtn | 22.0% |
| 1M Excs Rtn | -3.1% |
| 3M Excs Rtn | -7.5% |
| 6M Excs Rtn | -3.8% |
| 12M Excs Rtn | -23.8% |
| 3Y Excs Rtn | -51.2% |
Price Behavior
Price Behavior
| Market Price | $0.90 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 12/29/2006 | |
| Distance from 52W High | -32.7% | |
| 50 Days | 200 Days | |
| DMA Price | $1.10 | $1.10 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -18.4% | -18.7% |
| 3M | 1YR | |
| Volatility | 61.0% | 53.5% |
| Downside Capture | 88.27 | 42.92 |
| Upside Capture | -165.06 | 6.46 |
| Correlation (SPY) | -3.6% | 8.8% |
SCKT Betas & Captures as of 1/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -1.36 | -1.04 | -0.93 | -0.20 | 0.23 | 0.37 |
| Up Beta | -1.58 | -1.59 | 0.06 | -1.01 | 0.11 | -0.03 |
| Down Beta | -2.43 | -1.98 | -3.05 | -0.27 | 0.36 | 0.43 |
| Up Capture | 162% | -35% | 66% | 18% | 9% | 13% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 12 | 20 | 33 | 65 | 122 | 346 |
| Down Capture | -282% | -38% | -104% | -5% | 48% | 94% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 4 | 15 | 22 | 49 | 108 | 340 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SCKT | |
|---|---|---|---|---|
| SCKT | -27.4% | 53.5% | -0.41 | - |
| Sector ETF (XLK) | 24.1% | 27.5% | 0.77 | 8.8% |
| Equity (SPY) | 17.1% | 19.4% | 0.69 | 9.0% |
| Gold (GLD) | 79.3% | 25.7% | 2.25 | 0.6% |
| Commodities (DBC) | 10.9% | 16.8% | 0.45 | 9.1% |
| Real Estate (VNQ) | 6.6% | 16.6% | 0.21 | 4.1% |
| Bitcoin (BTCUSD) | -23.4% | 45.1% | -0.46 | 4.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SCKT | |
|---|---|---|---|---|
| SCKT | -40.8% | 62.6% | -0.59 | - |
| Sector ETF (XLK) | 16.6% | 24.8% | 0.60 | 18.6% |
| Equity (SPY) | 13.6% | 17.0% | 0.63 | 18.7% |
| Gold (GLD) | 23.6% | 17.2% | 1.12 | 4.1% |
| Commodities (DBC) | 10.8% | 19.0% | 0.45 | 8.9% |
| Real Estate (VNQ) | 5.3% | 18.8% | 0.19 | 14.0% |
| Bitcoin (BTCUSD) | 4.0% | 57.0% | 0.29 | 15.3% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SCKT | |
|---|---|---|---|---|
| SCKT | -13.8% | 186.8% | 0.22 | - |
| Sector ETF (XLK) | 22.7% | 24.2% | 0.86 | 5.2% |
| Equity (SPY) | 15.5% | 17.9% | 0.74 | 5.8% |
| Gold (GLD) | 15.1% | 15.6% | 0.81 | -1.7% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 5.0% |
| Real Estate (VNQ) | 6.6% | 20.7% | 0.28 | 4.0% |
| Bitcoin (BTCUSD) | 66.3% | 66.8% | 1.06 | 4.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/22/2025 | -2.3% | -4.8% | 20.8% |
| 7/31/2025 | -0.8% | -14.3% | -5.4% |
| 2/25/2025 | -1.6% | -4.9% | -7.4% |
| 10/24/2024 | -8.9% | -11.3% | 18.5% |
| 7/31/2024 | -5.3% | -15.9% | 6.2% |
| 3/5/2024 | 0.0% | -1.9% | 3.5% |
| 10/27/2023 | -8.7% | -1.9% | 31.7% |
| 8/2/2023 | -7.1% | -8.3% | -19.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 5 | 3 | 7 |
| # Negative | 15 | 17 | 13 |
| Median Positive | 16.2% | 10.7% | 18.5% |
| Median Negative | -8.7% | -11.3% | -18.1% |
| Max Positive | 74.7% | 97.3% | 108.9% |
| Max Negative | -25.5% | -30.2% | -38.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/14/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/25/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/13/2024 | 10-Q |
| 03/31/2024 | 05/14/2024 | 10-Q |
| 12/31/2023 | 03/25/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 03/31/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/15/2022 | 10-Q |
| 03/31/2022 | 05/16/2022 | 10-Q |
| 12/31/2021 | 03/31/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Lazarev, Ivan | Direct | Buy | 12012025 | 1.28 | 7,286 | 9,326 | 101,023 | Form | |
| 2 | Lazarev, Ivan | Direct | Buy | 12012025 | 1.31 | 8,993 | 11,801 | 115,365 | Form | |
| 3 | Bass, Charlie | Direct | Buy | 12012025 | 1.33 | 5,000 | 6,674 | 2,258,587 | Form | |
| 4 | Bass, Charlie | Direct | Buy | 12012025 | 1.33 | 5,000 | 6,664 | 2,261,698 | Form | |
| 5 | Bass, Charlie | Direct | Buy | 11252025 | 1.24 | 5,000 | 6,193 | 2,077,073 | Form |
Industry Resources
| Technology Hardware, Storage & Peripherals Resources |
| The Verge |
| TechRadar |
| Tom’s Hardware |
| PCMag |
| CNET |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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