Filing Flows › Socket Mobile (SCKT) › Q1 2025
Socket Mobile (SCKT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Socket Mobile (SCKT) reported revenue of $4.0M for the first quarter 2025 (Q1 2025), -20% from a year earlier and -18% from the quarter before. Operating margin was -22.5%, net loss $994K (25.1% of revenue).
Socket Mobile, Q1 2025: revenue $4.0M (-20% year over year), operating margin -22.5%, net loss $994K, operating cash flow −$733K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0M | -18% | -20% |
| Operating profit | −$894K | — | — |
| Net earnings | −$994K | — | — |
| Operating cash flow | −$733K | — | — |
What changed
Revenue was $4.0M in Q1 2025, down 20% year over year and down 18% from the previous quarter.
Gross margin was 50.4%, up 0.1 points from a year earlier. Operating costs exceeded revenue by $894K, an operating margin of -22.5%. Operating expenses fell 3% while revenue fell 20%. The quarter ended with a net loss of $1.0M, after a profit of $38K the previous quarter.
Operating cash flow was −$733K. Non-cash charges added back $339K of depreciation and amortization and $71K of share-based compensation. Working capital and other items used $148K. Capital expenditures of $52K exceeded it, leaving free cash flow of −$785K.
Questions
What was Socket Mobile's revenue in the first quarter 2025?
Socket Mobile (SCKT) reported revenue of $4.0M for the first quarter 2025 (Q1 2025), -20% from a year earlier and -18% from the quarter before.
Was Socket Mobile profitable in the first quarter 2025?
Operating loss was $894K (-22.5% of revenue) and net loss $994K.
Source: Socket Mobile 10-Q on SEC EDGAR.