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Lantronix

LTRX

Lantronix Inc. is a global provider of Edge AI and Industrial Internet of Things (IoT) solutions that facilitate intelligent computing, secure connectivity, and remote management.

Market cap
$237.76M+92.9%
Revenue$118.6M-17.2%
Net income-$6.5M+25.2%
Free cash flow$8.5M+5.8%
EPS (diluted)-$0.16+30.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 26, 2026 (In 3 weeks)
Revenue estimate$30.7M
EPS estimate$0.04

Financials

Q3 2026

Income statement

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Revenue$30.2M+5.9%
Gross profit$13.0M+4.9%
Operating income-$1.1M+68.5%
Net income-$1.2M+69.5%
EPS (diluted)-$0.03+70.0%

Balance sheet

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Cash & equivalents$23.5M+17.6%
Total debt$8.7M-30.6%
Total equity$74.5M-1.3%
Total assets$120.0M-3.4%

Cash flow

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Operating cash flow$2.2M-32.9%
CapEx$237.0K+95.9%
Free cash flow$1.9M-37.9%

Valuation & ratios

Valuation

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Market cap$243.56M+92.9%
Enterprise value$228.74M+90.7%
P/S2.1×+1.0×

Profitability

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Gross margin42.9%+1.8pp
Operating margin-5.8%
Net margin-5.5%-0.5pp
FCF margin7.1%+1.5pp

Returns & leverage

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Return on equity-8.7%-1.7pp
Debt / equity0.1×0.0×
Current ratio2.7×+0.1×

Segments

By product

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Embedded Io T Solutions$14.6M+21.9%
Io T System Solutions$13.2M-10.2%
Software And Services$2.3M+31.0%

Competitors

Profile

Lantronix Inc. is a global provider of Edge AI and Industrial Internet of Things (IoT) solutions that facilitate intelligent computing, secure connectivity, and remote management. The company delivers a comprehensive stack of hardware, software, and engineering services designed to optimize operations for mission-critical applications in smart cities, enterprise IT, and unmanned systems.

Competitive position

Lantronix positions itself as a strategic end-to-end partner in the IoT stack, leveraging pre-certified hardware and deep engineering expertise to reduce time-to-market for customers.

GeographiesAmericas, EMEA, Asia Pacific Japan
Customer segmentsSmart Cities, Enterprise IT, Defense and Security, Logistics and Supply Chain
Business modelHardware-as-a-Service, Subscription SaaS, Professional Services, B2B Manufacturing
SuppliersContract manufacturers, Semiconductor suppliers, Electronic component providers, Raw material suppliers
CustomersTier 1 banking institutions, Smart grid operators, UAS manufacturers, Industrial automation firms
Listed2000
Employees348.0
CEOSaleel Awsare
FilingsSEC EDGAR

Questions, answered.

What is Lantronix's market cap?
Lantronix (LTRX) has a market capitalization of $237.8M and trades on NASDAQ.
What is Lantronix's revenue and profitability?
Lantronix generated $118.6M in trailing twelve-month revenue with a net loss of $6.5M, representing a net margin of -5.5%. Gross margin stands at 42.9%, with free cash flow of $8.5M. These figures are based on the Q1 2026 filing.
Who are Lantronix's competitors?
Lantronix's key competitors include Digi International, Vertiv, Semtech Corp, and others. These companies compete in similar markets and product categories.
Who does Lantronix partner with?
Lantronix's notable partners include Qualcomm, CDW, Amazon.com, and others.
Where is Lantronix headquartered?
Lantronix is headquartered in United States of America and employs approximately 348 people. It has been publicly traded since 2000.