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Socket Mobile makes Bluetooth barcode scanners and NFC readers that plug into phones and tablets, like a checkout gun for your pocket.
Revenue is tiny at USD 0.02B annually, with gross margins near 50%, but the company loses money on every sale—net margins ran negative, as low as -95% in 2025.
Zebra Technologies and Honeywell dominate handheld scanning with far bigger distribution, leaving Socket Mobile a niche player with no clear edge; its small scale and losses make it easy for those giants to outspend and out-feature it.
