LTRX Nasdaq Computer Communications Equipment Financials FY2017βFY2026
Lantronix Inc had $121M of revenue in fiscal 2026, down 1.6% on the year before. Over five years, revenue changed +11.1% a year on average.
Last close Β· Oct 23, 2026
$5.75
2.5%Hi! I read Lantronix Incβs latest annual report (fiscal 2026). Here is what stands out:
Good So-so Weak
Are sales growing?
β1.6%
No. Sales fell 1.6% last year.
Does it make a profit?
β3.5%
No. It lost money last year.
Does profit turn into cash?
7.7%
Partly. 7.7% of sales ends up as free cash.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Lantronix Inc did it, and the next one. Share prices often move a lot on those days.
Next results
November 9, 2026
Monday Β· in 15 days
No past results dates on file yet.
KIRA Β· Lantronix Inc had $121M of revenue in fiscal 2026, down 1.6% on the year before. Over five years, revenue changed +11.1% a year on average. Its operating margin was β3.4%, up 5.5Β pts: of every 100 in sales, about β3 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
KIRA Β· Lantronix Inc lost $4.2M in fiscal 2026.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was $9.3M in fiscal 2026, 7.7% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
KIRA Β· Lantronix Inc has $60.5M more cash than debt.
Cash, debt and the ratios that show how comfortably Lantronix Inc can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $17.2M | $13.5M | $26.2M | $20.1M | $60.5M |
| Debt incl. finance leases | $17.6M | $21.7M | $19.2M | $14.8M | $0.0M |
| Debt / equity | 0.2x | 0.3x | 0.2x | 0.2x | 0.0x |
| Current ratio | 2.5x | 2.1x | 2.9x | 2.5x | 3.7x |
| Quick ratio | 1.5x | 1.0x | 2.0x | 1.7x | 2.9x |
| Total assets | $137M | $152M | $136M | $124M | $160M |
| Total liabilities | $57.5M | $74.1M | $54.9M | $49.3M | $41.1M |
| Shareholders' equity | $79.9M | $77.6M | $81.4M | $74.4M | $119M |
| Net debt (β = net cash) | $0.4M | $8.3M | β$7.0M | β$5.3M | β$60.5M |
KIRA Β· Its return on capital was β5.5%: every 100 invested in the business earned about β6 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
KIRA Β· Lantronix Inc passes 6 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 5 / 8 | 2 / 8 | 1 / 9 | 6 / 9 | 2 / 9 | 3 / 9 | 6 / 9 | 4 / 9 | 6 / 9 |
| Accruals ratio | β7.8% | 0.5% | 3.2% | β14.1% | β11.9% | 3.9% | β6.4% | β16.1% | β14.4% | β9.9% |
| Altman Z'' | β16.06 | β12.98 | β5.75 | β6.56 | β5.82 | β1.15 | β1.72 | β1.09 | β2.70 | 1.52 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $44.7M | $45.6M | $46.9M | $59.9M | $71.5M | $130M | $131M | $160M | $123M | $121M |
| Net interest income | β | β$0.0M | $0.2M | β$0.1M | β$0.3M | β$1.5M | β$1.5M | β$0.9M | β$0.5M | $0.1M |
| Gross profit | $23.6M | $25.4M | $26.3M | $26.9M | $33.0M | $55.6M | $56.3M | $64.4M | $51.7M | $52.9M |
| Research and development | $8.0M | $7.8M | $9.1M | $9.7M | $11.1M | $17.7M | $19.6M | $20.3M | $18.6M | $17.6M |
| Operating income | β$0.2M | $0.8M | β$0.5M | β$10.5M | β$3.3M | β$5.0M | β$6.7M | β$2.9M | β$11.0M | β$4.1M |
| Interest expense | $0.0M | $0.0M | β | $0.2M | $0.3M | β | β | β | β | β |
| Pretax income | β$0.2M | $0.8M | β$0.3M | β$10.6M | β$3.8M | β$7.2M | β$8.2M | β$3.8M | β$11.6M | β$3.9M |
| Income tax | $0.1M | $0.1M | $0.1M | $0.1M | β$0.2M | β$1.8M | $0.7M | $0.7M | β$0.2M | $0.3M |
| Net income | β$0.3M | $0.7M | β$0.4M | β$10.7M | β$4.0M | β$5.4M | β$9.0M | β$4.5M | β$11.4M | β$4.2M |
| Diluted EPS | β$0.02 | $0.04 | β$0.02 | β$0.42 | β$0.14 | β$0.16 | β$0.25 | β$0.12 | β$0.29 | β$0.10 |
| Diluted shares | 0.02B | 0.02B | 0.02B | 0.03B | 0.03B | 0.03B | 0.04B | 0.04B | 0.04B | 0.04B |
| Cash flow | ||||||||||
| Cash from operations | $2.1M | $0.5M | β$1.7M | β$2.5M | $4.3M | β$9.4M | $0.2M | $18.6M | $7.3M | $9.9M |
| Capital expenditure | $0.2M | $0.2M | $0.9M | $0.6M | $0.8M | $2.1M | $2.7M | $1.5M | $0.5M | $0.6M |
| Free cash flow | $1.8M | $0.3M | β$2.6M | β$3.1M | $3.5M | β$11.5M | β$2.4M | $17.1M | $6.8M | $9.3M |
| Depreciation and amortization | $0.6M | $0.4M | $0.5M | $0.8M | $0.8M | $1.0M | $1.7M | $2.2M | $2.1M | $1.6M |
| Stock-based compensation | $0.9M | $1.2M | $1.9M | $3.6M | $3.6M | $6.2M | $6.2M | $8.3M | $6.1M | $6.3M |
| Acquisitions | β | β | $0.0M | $13.4M | $0.0M | $23.6M | $4.7M | $0.0M | β | β |
| Balance sheet | ||||||||||
| Cash and short-term investments | $8.1M | $9.6M | $18.3M | $7.7M | $9.7M | $17.2M | $13.5M | $26.2M | $20.1M | $60.5M |
| Total debt | β | β | $0.0M | $6.7M | $5.2M | $17.6M | $21.7M | $19.2M | $14.8M | $0.0M |
| Finance lease liabilities | β | β | β | $0.0M | β | β | β | β | β | β |
| Current assets | $19.4M | $23.3M | $38.2M | $34.5M | $43.2M | $90.0M | $96.6M | $89.0M | $77.4M | $117M |
| Current liabilities | $9.0M | $9.7M | $11.5M | $15.8M | $22.9M | $35.5M | $46.4M | $30.2M | $30.4M | $32.1M |
| Inventory | $7.0M | $8.4M | $10.5M | $13.8M | $15.1M | $37.7M | $49.7M | $27.7M | $26.4M | $25.8M |
| Property and equipment, net | $1.2M | $1.0M | $1.2M | $1.6M | $1.6M | $3.7M | $4.6M | $4.0M | $2.5M | $1.5M |
| Goodwill | $9.5M | $9.5M | $9.5M | $15.8M | $15.8M | $20.8M | $27.8M | $27.8M | $31.1M | $31.1M |
| Intangible assets | β | β | $0.0M | $12.4M | $9.4M | $14.6M | $10.6M | $5.3M | $3.7M | $2.2M |
| Total assets | $30.1M | $33.9M | $48.9M | $67.9M | $72.6M | $137M | $152M | $136M | $124M | $160M |
| Total liabilities | $9.4M | $10.0M | $11.7M | $21.4M | $26.5M | $57.5M | $74.1M | $54.9M | $49.3M | $41.1M |
| Preferred stock | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $20.7M | $23.8M | $37.3M | $46.5M | $46.1M | $79.9M | $77.6M | $81.4M | $74.4M | $119M |
| Margins | ||||||||||
| Gross margin | 52.7% | 55.7% | 56.0% | 44.9% | 46.2% | 42.9% | 42.9% | 40.1% | 42.1% | 43.8% |
| Operating margin | β0.4% | 1.8% | β1.0% | β17.6% | β4.7% | β3.9% | β5.1% | β1.8% | β8.9% | β3.4% |
| EBITDA margin | 0.9% | 2.7% | β0.1% | β16.3% | β3.5% | β3.1% | β3.8% | β0.4% | β7.3% | β2.1% |
| Net margin | β0.6% | 1.5% | β0.9% | β17.9% | β5.7% | β4.1% | β6.8% | β2.8% | β9.3% | β3.5% |
| FCF margin | 4.1% | 0.6% | β5.6% | β5.2% | 4.9% | β8.9% | β1.9% | 10.7% | 5.5% | 7.7% |
| Net interest share of revenue | β | β0.0% | 0.5% | β0.2% | β0.4% | β1.1% | β1.1% | β0.6% | β0.4% | 0.1% |
| Returns | ||||||||||
| Return on capital | β | β | β2.0% | β18.3% | β6.4% | β4.9% | β6.1% | β3.0% | β12.6% | β5.5% |
| Return on capital employed | β0.9% | 3.3% | β1.3% | β20.2% | β6.7% | β4.9% | β6.3% | β2.7% | β11.8% | β3.2% |
| Return on equity | β1.3% | 3.1% | β1.3% | β25.6% | β8.7% | β8.5% | β11.4% | β5.7% | β14.6% | β4.3% |
| Return on assets | β0.9% | 2.1% | β1.0% | β18.4% | β5.8% | β5.1% | β6.2% | β3.1% | β8.8% | β2.9% |
| Return on tangible equity | β2.5% | 4.7% | β1.5% | β58.8% | β19.3% | β12.0% | β22.9% | β9.4% | β28.8% | β4.9% |
| Growth | ||||||||||
| Revenue growth | β | 1.9% | 2.9% | 27.7% | 19.4% | 81.4% | 1.2% | 22.2% | β23.3% | β1.6% |
| Net income growth | β | β | β160.0% | β | β | β | β | β | β | β |
| EPS growth | β | β | β150.0% | β | β | β | β | β | β | β |
| FCF growth | β | β84.7% | β1,042.5% | β | β | β427.6% | β | β | β60.5% | 36.7% |
| Share count change | β | 9.8% | 12.6% | 17.2% | 13.6% | 13.8% | 11.0% | 3.1% | 3.3% | 4.0% |
| Financial health | ||||||||||
| Debt / equity | β | β | 0.0x | 0.1x | 0.1x | 0.2x | 0.3x | 0.2x | 0.2x | 0.0x |
| Interest coverage | β8.0x | 44.7x | β | β44.1x | β12.0x | β | β | β | β | β |
| Current ratio | 2.2x | 2.4x | 3.3x | 2.2x | 1.9x | 2.5x | 2.1x | 2.9x | 2.5x | 3.7x |
| Quick ratio | 1.4x | 1.5x | 2.4x | 1.3x | 1.2x | 1.5x | 1.0x | 2.0x | 1.7x | 2.9x |
| Capital allocation | ||||||||||
| Capex / revenue | 0.5% | 0.5% | 1.9% | 1.0% | 1.1% | 1.6% | 2.0% | 0.9% | 0.4% | 0.5% |
| Stock comp / revenue | 2.0% | 2.6% | 4.0% | 6.1% | 5.0% | 4.8% | 4.7% | 5.2% | 5.0% | 5.2% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 5.0 | 2.0 | 1.0 | 6.0 | 2.0 | 3.0 | 6.0 | 4.0 | 6.0 |
| Altman Z'' | β16.1 | β13.0 | β5.7 | β6.6 | β5.8 | β1.2 | β1.7 | β1.1 | β2.7 | 1.5 |
| Accruals ratio | β7.8% | 0.5% | 3.2% | β14.1% | β11.9% | 3.9% | β6.4% | β16.1% | β14.4% | β9.9% |
Source: SEC EDGAR XBRL filings (CIK 0001114925). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
