What is Lantronix's R&D?

Lantronix (LTRX) reported R&D of $4.15M in Q1 2026.

How has Lantronix's R&D changed year-over-year?

Lantronix's R&D decreased by 7.0% year-over-year, from $4.46M to $4.15M.

What is the long-term trend for Lantronix's R&D?

Over 3 years (2022 to 2025), Lantronix's R&D has grown at a 1.7% compound annual growth rate (CAGR), from $17.69M to $18.6M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Lantronix LTRX R&D

R&D at other companies

Digi InternationalDGII

$19.28M+25.8%

AirgainAIRG

$2.25M-10.0%

SemtechSMTC

$57.57M+21.1%

FortiveFTV

$66.5M+3.9%

Silicon LaboratoriesSLAB

$88.59M+0.4%

MaxLinearMXL

$53.16M-4.1%

Other financials

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

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Market cap$262.3M+134%

Enterprise value$247.47M+139%

P/S2.2×+1.3×

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×

Where this comes from

Reported directly by Lantronix in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Lantronix’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lantronix's R&D?: Lantronix (LTRX) reported R&D of $4.15M in Q1 2026.
How has Lantronix's R&D changed year-over-year?: Lantronix's R&D decreased by 7.0% year-over-year, from $4.46M to $4.15M.
What is the long-term trend for Lantronix's R&D?: Over 3 years (2022 to 2025), Lantronix's R&D has grown at a 1.7% compound annual growth rate (CAGR), from $17.69M to $18.6M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.