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Socket Mobile's revenue is $18.8 million.

What is Socket Mobile's revenue?

Socket Mobile's annual revenue is $18.8M. Zippia's data science team found the following key financial metrics about Socket Mobile after extensive research and analysis.
  • Socket Mobile's revenue growth from 1999 to 2024 is 172.87%.
  • Socket Mobile has 56 employees, and the revenue per employee ratio is $335,045.
  • Socket Mobile's peak quarterly revenue was $8.0M in 2008(q3).
  • Socket Mobile peak revenue was $26.6M in 2008.
  • Socket Mobile annual revenue for 2023 was 17.0M, -19.8% growth from 2022.
  • Socket Mobile annual revenue for 2024 was 18.8M, 10.15% growth from 2023.

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Most recent quarter revenue
$4.8M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$26.6M (2008)
Company peak revenue
Revenue / employee
$335,045
Company revenue / employee

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Most recent quarter revenue
$4.8M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$26.6M (2008)
Company peak revenue
Revenue / employee
$335,045
Company revenue / employee

Socket Mobile historical revenue

Socket Mobile's peak revenue was $26.6M in 2008. The peak quarterly revenue was $8.0M in 2008(q3).

Socket Mobile's revenue increased from $6.9m in 1999 to $18.8M currently. That's a 172.87% change in annual revenue.

Socket Mobile annual revenue

$23M
$19M
$14M
$9M
$5M
$0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024

Socket Mobile annual revenue over time

Fiscal year / yearSocket Mobile revenue
2009$17.1M
2010$13.5M
2011$17.5M
2012$13.6M
2013$15.7M
2014$17.0M
2015$18.4M
2016$20.8M
2017$21.3M
2018$16.5M
2019$19.3M
2020$15.7M
2021$23.2M
2022$21.2M
2023$17.0M
2024$18.8M

How accurately did Socket Mobile's revenue projections match actual performance?

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Socket Mobile annual growth

Socket Mobile saw the greatest revenue growth in 2000, when revenue increased by 67.98%.

Socket Mobile had the lowest revenue growth in 2009, when revenue changed by -35.51%.

Socket Mobile annual growth rate over time

YearSocket Mobile growth
2009
-36%
2010
-21%
2011
30%
2012
-23%
2013
15%
2014
9%
2015
8%
2016
13%
2017
2%
2018
-23%
2019
17%
2020
-18%
2021
48%
2022
-8%
2023
-20%
2024
10%

Socket Mobile quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$6M
$5M
$4M
$3M
$1M
$0
2020
2021
2022
2023
2024

Socket Mobile quarterly growth rate over time

YearQ1Q2Q3Q4
2009$4.8M$4.1M$4.6M$3.6M
2010$3.8M$3.7M$3.4M$2.6M
2011$4.0M$4.4M$4.7M$4.4M
2012$4.0M$4.0M$2.8M$2.8M
2013$4.3M$4.4M$3.3M$3.7M
2014$3.8M$4.4M$4.9M$3.9M
2015$4.0M$4.5M$4.5M$5.4M
2016$5.0M$5.2M$5.1M$5.4M
2017$5.6M$5.8M$5.5M$4.4M
2018$4.0M$4.2M$4.1M$4.1M
2019$4.6M$5.1M$5.0M$4.6M
2020$4.2M$2.7M$4.1M$4.7M
2021$4.8M$6.0M$6.3M$6.1M
2022$6.3M$6.0M$3.7M$5.2M
2023$4.3M$5.1M$3.2M$4.4M
2024$5.0M$5.1M$3.9M$4.8M

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Socket Mobile financial information

IndustrySoftware & Services
Company TypePublic
Employees Number56
Date Founded1992
HeadquartersNewark, California
Number of Locations3
Revenue$18.8M
Net Income$86,931
Gross Proft$9.5M (2024)
EBITDA($2.6M) (2008)
PE Ratio-4.86
Tax Rate0.2%
Market Capitalization$10.9M
Total Assets$28,597,988
TickerSCKT

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Socket Mobile financing

Socket Mobile received early financing of $1.2M on 2009-06-03.

SeriesRound sizeDate
Post Ipo Equity$1.2M06/2009
Post Ipo Debt$2.3M12/2010
Post Ipo Equity$500K03/2011
Post Ipo Debt$750K08/2012

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Zippia gives an in-depth look into the details of Socket Mobile, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Socket Mobile. The employee data is based on information from people who have self-reported their past or current employments at Socket Mobile. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Socket Mobile. The data presented on this page does not represent the view of Socket Mobile and its employees or that of Zippia.

Socket Mobile may also be known as or be related to SOCKET MOBILE INC., SOCKET MOBILE, INC., Socket Mobile, Socket Mobile Inc, Socket Mobile Inc. and Socket Mobile, Inc.