Lantronix/$LTRX
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Capital at risk
About Lantronix
Lantronix Inc is a networking company. It provides secure data access and management solutions for the Internet of Things (IoT) and information technology assets. It organizes its products and solutions into three product lines: Embedded IoT Solutions, IoT Systems Solutions, and Software and Services. The company operates in a single operating segment: the development, marketing, and sale of industrial and enterprise IoT products and services. The company serves a diverse range of markets including healthcare, industrial, security, energy, transportation, and government networking. Its primary geographic regions: the Americas; EMEA; and APJ. The Americas contribute the vast majority of total revenue.
- Ticker
- $LTRX
- Sector
- Communication
- Primary listing
- NASDAQ
- Employees
- 329
- Headquarters
- Irvine, United States
- Website
- www.lantronix.com
Lantronix Metrics
BasicAdvanced
$337M
-
-$0.10
1.67
-
Price and volume
Market cap
$337M
Beta
1.67
52-week high
$8.75
52-week low
$4.37
Average daily volume
1.3M
Financial strength
Current ratio
3.661
Quick ratio
2.784
Long term debt to equity
0.056
Total debt to equity
0.07
Interest coverage (TTM)
-5.98%
Profitability
EBITDA (TTM)
0.323
Gross margin (TTM)
43.79%
Net profit margin (TTM)
-3.46%
Operating margin (TTM)
-2.67%
Effective tax rate (TTM)
-7.15%
Revenue per employee (TTM)
$370,000
Management effectiveness
Return on assets (TTM)
-1.42%
Return on equity (TTM)
-4.32%
Valuation
Price to revenue (TTM)
2.397
Price to book
2.82
Price to tangible book (TTM)
3.91
Price to free cash flow (TTM)
31.284
Free cash flow yield (TTM)
3.20%
Free cash flow per share (TTM)
0.231
Growth
Revenue change (TTM)
-1.65%
Earnings per share change (TTM)
-64.64%
3-year revenue growth (CAGR)
-2.69%
10-year revenue growth (CAGR)
11.53%
3-year earnings per share growth (CAGR)
-25.08%
10-year earnings per share growth (CAGR)
-2.08%
What the Analysts think about Lantronix
Analyst ratings (Buy, Hold, Sell) for Lantronix stock.
Analyst projections of the future price of Lantronix stock.
Bulls say / Bears say
Unmanned Systems revenue reached $12.6 million in fiscal 2026, and management expects it to exceed $25 million and make up 15% to 20% of fiscal 2027 revenue. More than 30 active engagements suggest the drone and edge-compute opportunity is moving beyond pilot projects. (GlobeNewswire, MarketBeat)
The Vecima Industrial IoT acquisition adds the Nero Global Tracking SaaS platform, about $5 million of annual revenue and mid- to high-60s gross margins. It lifts Software and Services above 10% of revenue on a pro forma basis, giving Lantronix a higher-margin recurring-revenue layer alongside its hardware. (GlobeNewswire, MarketBeat)
Execution improved in the latest quarter: revenue rose 8% year on year, non-GAAP gross margin reached 44.1%, and full-year operating cash flow was $9.9 million. Lantronix ended fiscal 2026 with $60 million of cash and no debt, while guiding to double-digit revenue growth in fiscal 2027. (GlobeNewswire, Exa)
The full-year improvement is not yet broad-based: fiscal 2026 revenue fell 1.6%, with IoT System Solutions down 15.2%. Lantronix still reported a $4.2 million GAAP net loss, so the growth story depends heavily on newer businesses offsetting weakness in the established portfolio. (MarketScreener, GlobeNewswire)
Lantronix raised more than $44 million through public and at-the-market equity offerings during the latest quarter. That strengthened the balance sheet and removed debt, but it also diluted existing shareholders and means the cash build was not funded solely by operating profits. (GlobeNewswire, Exa)
The business remains exposed to customer and procurement concentration: its five largest distributors accounted for about 32% of fiscal 2026 revenue, while government and defence programmes can have long, lumpy sales cycles. Competition and customer price pressure could also squeeze margins as drone modules, which carry slightly lower margins than the company average, become a larger part of the mix. (Last10K, TradingKey)
Data summarised monthly by Lightyear AI. Last updated on 25 Sept 2026.
Lantronix Financial Performance
Revenues and expenses
Lantronix Earnings Performance
Company profitability
Upcoming events
No upcoming events
Lantronix News
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Funds containing Lantronix
AllEURGBP
Fund name | Fund size | $LTRX weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.01% |
SPDR Russell 2000 US Small Cap£R2SC | £4.1B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

