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Socket Mobile (SCKT) Research & Development: 2009-2024

Historic Research & Development for Socket Mobile (SCKT) over the last 16 years, with Dec 2024 value amounting to $4.7 million.

  • Socket Mobile's Research & Development fell 11.65% to $1.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $4.4 million, marking a year-over-year decrease of 8.61%. This contributed to the annual value of $4.7 million for FY2024, which is 2.30% down from last year.
  • Per Socket Mobile's latest filing, its Research & Development stood at $4.7 million for FY2024, which was down 2.30% from $4.8 million recorded in FY2023.
  • In the past 5 years, Socket Mobile's Research & Development registered a high of $4.8 million during FY2023, and its lowest value of $3.1 million during FY2020.
  • Over the past 3 years, Socket Mobile's median Research & Development value was $4.7 million (recorded in 2024), while the average stood at $4.6 million.
  • Its Research & Development has fluctuated over the past 5 years, first fell by 19.35% in 2020, then grew by 26.26% in 2021.
  • Socket Mobile's Research & Development (Yearly) stood at $3.1 million in 2020, then climbed by 26.26% to $4.0 million in 2021, then climbed by 10.03% to $4.4 million in 2022, then increased by 10.77% to $4.8 million in 2023, then decreased by 2.30% to $4.7 million in 2024.