Revenue growth remains highly volatile, swinging from a 113.7% increase in 2025Q4 to an 8.8% decline in 2026Q1, while gross margins have failed to stabilize, reaching a negative 73.3% in 2024Q4.
| Sales/Revenue | 429.81K | 437.42K | 212.74K | 157.29K | 35.32K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | 70.99% | 105.62% | 35.25% | 345.31% | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 371.07K | 591.2K | 193.57K | 94.94K | 19.32K | 0 | 232.19K | 0 | 0 | 776 | 777 | 606 | 911 |
| COGS % of Revenue | - | 135.16% | 90.99% | 60.36% | 54.68% | - | - | - | - | - | - | - | - |
| Gross Profit | 58.73K | -153.78K | 19.17K | 62.35K | 16.01K | 0 | -232.19K | 0 | 0 | -776 | -777 | -606 | -911 |
| Gross Margin % | 13.67% | -35.16% | 9.01% | 39.64% | 45.32% | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | - | -902.27% | -69.26% | 289.52% | - | 100% | - | - | 100% | 0.13% | -28.22% | 33.48% | - |
| Operating Expenses | 9.12M | 8.55M | 7.69M | 9.66M | 10.43M | 5.56M | 2.68M | 787.29K | 313.09K | 505.55K | 783.85K | 2.89M | 636.88K |
| OpEx % of Revenue | - | 1954.16% | 3617.16% | 6143.29% | 29526.78% | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 8.64M | 8.22M | 6.95M | 8.65M | 9.03M | 4.36M | 2.04M | 774.51K | 313.09K | 505.55K | 783.85K | 2.89M | 636.88K |
| SG&A % of Revenue | - | 1878.8% | 3265.77% | 5497.16% | 25571.59% | - | - | - | - | - | - | - | - |
| Research & Development | 312.42K | 329.65K | 1.13M | 1.02M | 1.78M | 1.58M | 633.05K | 12.79K | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | 75.36% | 532.58% | 646.12% | 5046.48% | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 165.3K | 0 | -385.46K | 0 | -385.46K | -385.46K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -9.06M | -8.7M | -7.68M | -9.6M | -10.41M | -5.56M | -2.91M | -787.29K | -313K | -506.33K | -784.63K | -2.89M | -638K |
| Operating Margin % | -2107.6% | -1989.32% | -3608.15% | -6103.65% | -29481.46% | - | - | - | - | - | - | - | - |
| Operating Income Growth % | - | -13.36% | 20.05% | 7.81% | -87.45% | -90.93% | -269.57% | -151.53% | 38.18% | 35.47% | 72.83% | -352.56% | - |
| EBITDA | -8.69M | -8.31M | -7.29M | -9.22M | -10.03M | -5.17M | -2.68M | -783.14K | -325K | -505.55K | -783.85K | -2.89M | -637.09K |
| EBITDA Margin % | -2022.59% | -1900.33% | -3426.96% | -5858.58% | -28390.18% | - | - | - | - | - | - | - | - |
| EBITDA Growth % | -15.38% | -14.02% | 20.89% | 8.11% | -93.97% | -93.09% | -241.88% | -140.97% | 35.71% | 35.5% | 72.85% | -353.11% | - |
| D&A (Non-Cash Add-back) | 365.36K | 389.28K | 385.46K | 385.46K | 385.46K | 385.46K | 232.19K | 0 | 0 | 776 | 777 | 606 | 911 |
| EBIT | -9.34M | -8.93M | -8.15M | -9.41M | -8.9M | -5.62M | -28.43M | -783.14K | -325K | -527.89K | -498.62K | -3.33M | -638K |
| Net Interest Income | -21.58K | -21.78K | -458K | -804K | -3.46M | -2.25M | -1.55M | -469K | -317K | -221.04K | -264.59K | -230.26K | -544K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 21.58K | 21.78K | 457.66K | 804.26K | 3.46M | 2.25M | 1.55M | 469.01K | 317.19K | 221.04K | 264.59K | 230.26K | 544.46K |
| Other Income/Expense | -306.38K | -249.42K | -933.33K | -614.17K | -1.94M | -2.32M | -27.07M | -464.86K | -329K | -242.6K | 21.42K | -673.61K | -544K |
| Pretax Income | -9.36M | -8.95M | -8.61M | -10.21M | -12.35M | -7.87M | -29.98M | -1.25M | -642K | -748.93K | -763.21K | -3.56M | -1.18M |
| Pretax Margin % | -2178.88% | -2046.34% | -4046.87% | -6494.11% | -34978% | - | - | - | - | - | - | - | - |
| Income Tax | -8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -9.36M | -8.95M | -8.61M | -10.21M | -12.35M | -7.87M | -29.98M | -1.25M | -639K | -744.56K | -758.42K | -3.55M | -1.1M |
| Net Margin % | -2178.88% | -2046.34% | -4046.87% | -6494.1% | -34977.95% | - | - | - | - | - | - | - | - |
| Net Income Growth % | -17.32% | -3.97% | 15.72% | 17.32% | -56.98% | 73.75% | -2300.43% | -95.47% | 14.18% | 1.83% | 78.66% | -222.73% | - |
| Net Income (Continuing) | -9.36M | -8.95M | -8.61M | -10.21M | -12.35M | -7.87M | -29.98M | -1.25M | -642K | -748.93K | -763.21K | -3.56M | -1.18M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -53.71K | -53.7K | -53.69K | -53.67K | -53.65K | -53.64K | -53.53K | -53.41K | -47.13K | -34.79K | -30.42K | -25.63K | -34.88K |
| EPS (Diluted) | -3.75 | -6.12 | -172.19 | -619.15 | -2090.00 | -999.85 | -6448.20 | -811.20 | -717.05 | -2083.89 | -2558.11 | -13793.17 | -4273.85 |
| EPS Growth % | 97.64% | 96.45% | 72.19% | 70.38% | -109.03% | 84.49% | -694.9% | -13.13% | 65.59% | 18.54% | 81.45% | -222.73% | - |
| EPS (Basic) | - | -6.12 | -172.19 | -619.15 | -2090.00 | -999.85 | -6448.20 | -811.20 | -717.05 | -2083.89 | -2558.11 | -13793.17 | -4273.85 |
| Diluted Shares Outstanding | 2.5M | 1.47M | 61.34K | 16.5K | 10K | 7.87K | 4.67K | 1.54K | 891 | 357 | 296 | 258 | 258 |
| Basic Shares Outstanding | 2.5M | 1.47M | 61.34K | 16.5K | 10K | 7.87K | 4.67K | 1.54K | 891 | 357 | 296 | 258 | 258 |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - |
Persistent negative gross margins
As reported in recent financial filings, SOBR's revenue growth remains highly erratic, with quarterly fluctuations ranging from a 113.7% increase in 2025Q4 to an 8.8% decline in 2026Q1, highlighting the company's struggle to establish a consistent, scalable commercial pipeline for its alcohol detection hardware.
The revenue trajectory suggests that the company is currently reliant on lumpy, project-based deployments rather than a predictable recurring revenue stream. Investors should monitor whether the recent contraction in 2026Q1 represents a temporary pause in pilot conversions or a more systemic challenge in penetrating the industrial safety market.
Based on the company's income statement data, gross margins have oscillated wildly between a peak of 65.3% in 2024Q3 and a negative 73.3% in 2024Q4, indicating that the current manufacturing and pricing model lacks the stability required for sustainable profitability.
The frequent swings into negative gross margin territory suggest that the cost of goods sold is highly sensitive to production volume or potential inventory write-downs. This volatility implies that the company has not yet achieved the economies of scale necessary to offset the high unit costs of its proprietary sensor technology.
According to the provided financial statements, SOBR's operating expenses consistently dwarf gross profit, with SG&A costs frequently exceeding $2 million per quarter, which indicates that the company is currently unable to leverage its overhead to drive meaningful bottom-line improvements.
The persistent decoupling of operating expenses from revenue generation suggests that the company is in a heavy investment phase with little evidence of operational efficiency. Without a significant increase in top-line volume, the current cost structure appears to be a major drag on the company's long-term viability.
Financial data reveals that SOBR has failed to maintain positive gross margins in multiple recent quarters, which may indicate to skeptics that the underlying hardware unit economics are fundamentally flawed and potentially incapable of supporting a profitable software-as-a-service transition.
Short-sellers would likely focus on the high cash burn rate relative to the modest revenue base, questioning whether the company can reach a break-even point before exhausting its capital reserves. The reliance on external financing to fund ongoing operating deficits warrants further investigation into the long-term dilution risks for shareholders.
Quick answers to the most common questions about buying SOBR stock.
For fiscal year 2025, SOBR Safe, Inc. (SOBR) reported total revenue of $0.4M.
SOBR Safe, Inc. (SOBR) reported a net loss of $9.0M for the fiscal year ending 2025.
SOBR Safe, Inc. (SOBR) reported an operating income of $-8.7M, resulting in an operating profit margin of -1989.3%. This margin reflects the operational efficiency of the business before interest and taxes.
SOBR Safe, Inc. (SOBR) generated $-0.2M in gross profit for the year, representing a gross profit margin of -35.2%. This demonstrates the company's core pricing power and production efficiency.