Socket Mobile FY26 Q2 net loss widens to USD 1.35 million; revenue drops 25% to USD 3 million year over year

Reuters2026/07/30 20:17

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Socket Mobile posted Q2 GAAP revenue of USD 3.0 million, down 25% year over year and down 18% sequentially.
Operating loss widened to USD 1.2 million; net loss widened to USD 1.35 million, equal to a loss per share of USD 0.16.
Gross margin fell 3.5 percentage points to 46.4% from a year earlier.
Cash totaled about USD 1.6 million at June 30, down from about USD 1.7 million at March 31.
CEO Dave Holmes cited continued challenges in the retail market; cost management initiatives expected to continue through year-end.

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 PR Newswire (Ref. ID: 202607301605PR_NEWS_USPR_____SF16194) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Socket Mobile FY26 Q2 net loss widens to USD 1.35 million; revenue drops 25% to USD 3 million year over year

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