Sonim Technologies reports Q3 revenue of $16.2 million and net loss of $4.8 million
Sonim Technologies Inc. reported net revenue of $16.2 million for the third quarter ended September 30, 2025, a 45% increase from the previous quarter. The company posted a GAAP net loss of $4.8 million in the third quarter, compared to a net loss of $7.5 million in the second quarter of 2025. Adjusted EBITDA for the third quarter was negative $2.0 million, improving from negative $3.2 million in the previous quarter. As of September 30, 2025, Sonim had $2.1 million in cash and cash equivalents, $3.5 million in trade accounts receivable, and $11.0 million in inventory. During the quarter, Sonim launched the MegaConnect HPUE mobile hotspot with AT&T and FirstNet. The company also reported progress toward the sale of its assets to NEXA Mobility and completed strategic initiatives including a reverse stock split, an increase in shares, and the reelection of board nominees. One-time expenses related to a proxy contest, due diligence for an asset sale, and preparations for a special shareholders' meeting affected results for the period.
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