Socket Mobile Q3 Revenue Rises 9% to $3.4M as Operating Loss Narrows
Image
Fremont – November 04, 2026 -- Socket Mobile (NASDAQ: SCKT) cut its third-quarter operating loss to $643,000 from $1,058,000 a year earlier, as revenue rose 9% to $3.4 million and operating expenses fell to $2.3 million.
Revenue climbs 12% sequentially to $3.4 million
Quarterly revenue compared with $3.1 million in the prior-year quarter and $3.0 million in the second quarter of 2026. Gross margin reached 48.6%, up from 47.7% a year earlier and 46.4% in the preceding quarter.
Operating expenses fall to $2.3 million from $2.6 million in Q2
Spending was $2.5 million in the prior-year period. CEO Dave Holmes put the reductions at 12% quarter on quarter and 10% year over year. The operating loss was $1,195,000 in the second quarter, so the Q3 figure is roughly 46% lower sequentially.