Socket Mobile (SCKT) Research & Development (2010 - 2026)
Socket Mobile (SCKT) reported Research & Development of $1.05 million for Q2 2026, down 4.4% from $1.1 million a year earlier and down 3.4% from the prior quarter.
Socket Mobile (SCKT) Research & Development (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Socket Mobile's Research & Development came in at $4.26 million, down 5.6% year-over-year; for FY2025, it was $4.35 million, down 7.8% from FY2024.
- Research & Development has a five-year compound annual growth rate of 6.7% (FY2020 to FY2025).
- By year, Research & Development came in at $4.72 million in FY2024 (-2.3%), $4.83 million in FY2023 (+10.8%), $4.36 million in FY2022 (+10.0%) and $3.96 million in FY2021 (+26.3%).
- Five-year quarterly Research & Development spans a low of $1.01 million in Q3 2021 and a high of $1.25 million in Q1 2023.
- Year over year, Research & Development has now declined in each of the last eight quarters, with an average decline of 6.1% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was Q3 2021 (growth of 49.0%); the low point was Q3 2025 (a decline of 11.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.09 million (Q1 2026), $1.09 million (Q4 2025) and $1.03 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,991.01 Bn | 4,738.50 Bn | 54.77 Bn | 11.73 Bn |
| 2 | Cisco Systems | 420.90 Bn | 356.82 Bn | 11.06 Bn | 2.43 Bn |
| 3 | Dell Technologies | 299.72 Bn | 255.47 Bn | 9.83 Bn | 1.11 Bn |
| 4 | Arista Networks | 227.20 Bn | 180.65 Bn | 1.91 Bn | 348.20 Mn |
| 5 | Sandisk | 202.83 Bn | 191.35 Bn | 7.58 Bn | 348.00 Mn |
| 6 | Sony | 149.55 Bn | 86.81 Bn | 6.53 Bn | - |
| 7 | Seagate Technology Holdings | 147.86 Bn | 142.86 Bn | 1.90 Bn | 188.00 Mn |
| 8 | Western Digital | 123.72 Bn | 111.85 Bn | 2.03 Bn | 284.00 Mn |
| 9 | Hewlett Packard Enterprise | 75.04 Bn | 52.92 Bn | 4.93 Bn | 1.16 Bn |
| 10 | Socket Mobile | 3.86 Mn | -3.50 Mn | 1.41 Mn | 1.05 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.05 Mn |
| Mar 31, 2026 | 1.09 Mn |
| Dec 31, 2025 | 1.09 Mn |
| Sep 30, 2025 | 1.03 Mn |
| Jun 30, 2025 | 1.10 Mn |
| Mar 31, 2025 | 1.13 Mn |
| Dec 31, 2024 | 1.12 Mn |
| Sep 30, 2024 | 1.16 Mn |
| Jun 30, 2024 | 1.23 Mn |
| Mar 31, 2024 | 1.21 Mn |
| Dec 31, 2023 | 1.19 Mn |
| Sep 30, 2023 | 1.21 Mn |
| Jun 30, 2023 | 1.19 Mn |
| Mar 31, 2023 | 1.25 Mn |
| Dec 31, 2022 | 1.09 Mn |
| Sep 30, 2022 | 1.10 Mn |
| Jun 30, 2022 | 1.12 Mn |
| Mar 31, 2022 | 1.05 Mn |
| Dec 31, 2021 | 1.05 Mn |
| Sep 30, 2021 | 1.01 Mn |
Socket Mobile Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=SCKT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SCKT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=SCKT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();