SOCKET MOBILE, INC. 1Q 2026: Revenue $3.7M, EPS $(0.11) — 10-Q Summary
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Socket Mobile, Inc. reported Q1 2026 results with revenue of $3.7M, a net loss of $0.9M, and diluted EPS of $(0.11). This reflects a 6.7% decline in revenue from $3.97M in Q1 2025, although the net loss improved slightly from $(0.99M) and EPS improved from $(0.13). The revenue drop was attributed to weaker demand, while operational efficiency improved with a gross margin of 51.3%. Inventory decreased, but accounts receivable rose due to increased shipments, leading to an operating cash outflow.
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