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Socket Mobile Inc
NASDAQ:SCKT

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Socket Mobile Inc Logo
Socket Mobile Inc
NASDAQ:SCKT
Watchlist
Price: 1.022 USD 1.18% Market Closed
Updated: Apr 29, 2024

Gross Margin
Socket Mobile Inc

49.7%
Current
51%
Average
46.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
49.7%
=
Gross Profit
8.5m
/
Revenue
17m

Gross Margin Across Competitors

Country US
Market Cap 7.5m USD
Gross Margin
50%
Country US
Market Cap 2.6T USD
Gross Margin
45%
Country KR
Market Cap 521T KRW
Gross Margin
30%
Country US
Market Cap 88.2B USD
Gross Margin
24%
Country CN
Market Cap 434.7B HKD
Gross Margin
21%
Country US
Market Cap 47.6B USD
Gross Margin
16%
Country TW
Market Cap 992.5B TWD
Gross Margin
8%
Country US
Market Cap 27.4B USD
Gross Margin
22%
Country JP
Market Cap 4.2T JPY
Gross Margin
47%
Country JP
Market Cap 4T JPY
Gross Margin
40%
Country US
Market Cap 23.3B USD
Gross Margin
9%

Profitability Report

View the profitability report to see the full profitability analysis for Socket Mobile Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
49.7%
=
Gross Profit
8.5m
/
Revenue
17m
What is the Gross Margin of Socket Mobile Inc?

Based on Socket Mobile Inc's most recent financial statements, the company has Gross Margin of 49.7%.