LTRX · Lantronix Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $30.18M | $29.77M | $29.79M | $31.16M | $28.50M | $34.42M | $37.04M | $41.18M | $33.03M | $31.51M |
| Cost of Revenue | $17.17M | $16.81M | $77.0K | $17.88M | $16.10M | $19.95M | $22.01M | $24.68M | $18.93M | $17.71M |
| Gross Profit | $13.01M | $12.97M | $13.35M | $13.28M | $12.40M | $14.47M | $15.03M | $16.50M | $14.10M | $13.79M |
| R&D | $4.15M | $4.62M | $4.60M | $4.98M | $4.46M | $4.96M | $4.72M | $5.19M | $5.11M | $5.08M |
| SG&A | $9.43M | $8.74M | $9.54M | $8.81M | $8.96M | $9.50M | $10.22M | $9.75M | $9.17M | $9.81M |
| Total Operating Expenses | $14.13M | $14.04M | $14.87M | $15.44M | $15.98M | $16.60M | $16.79M | $16.60M | $15.67M | $15.90M |
| D&A | - | - | $543.0K | - | - | $543.0K | - | - | $528.0K | - |
| Operating Income | ($1.13M) | ($1.07M) | ($1.53M) | ($2.16M) | ($3.58M) | ($2.13M) | ($1.76M) | ($95.0K) | ($1.57M) | ($2.11M) |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $34.0K | $243.0K | $42.0K | $94.0K | $111.0K | $218.0K | $580.0K | $159.0K | ($7.0K) | $118.0K |
| Net Income | ($1.18M) | ($1.33M) | ($1.40M) | ($2.37M) | ($3.87M) | ($2.50M) | ($2.59M) | ($423.0K) | ($1.89M) | ($2.61M) |
| EPS - Basic | ($0.03) | ($0.03) | ($0.04) | ($0.06) | ($0.10) | ($0.07) | ($0.07) | ($0.01) | ($0.05) | ($0.08) |
| EPS - Diluted | ($0.03) | ($0.03) | ($0.04) | ($0.06) | ($0.10) | ($0.07) | ($0.07) | ($0.01) | ($0.05) | ($0.07) |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $23.52M | $22.96M | $22.19M | $20.10M | $20.00M | $26.39M | $26.24M | $24.64M | $19.48M | $13.45M |
| Accounts Receivable | $23.51M | $23.26M | $21.93M | $25.09M | $23.65M | $30.80M | $31.28M | $28.54M | $30.11M | $27.68M |
| Inventory | $26.42M | $27.07M | $26.75M | $26.37M | $28.15M | $29.53M | $27.70M | $40.55M | $45.80M | $49.74M |
| Accounts Payable | $13.73M | $12.67M | $9.63M | $13.26M | $11.01M | $17.15M | $10.35M | $13.85M | $9.15M | $12.40M |
| Current Assets | $76.98M | $77.90M | $74.42M | $77.39M | $76.46M | $92.62M | $88.95M | $97.88M | $98.91M | $96.55M |
| Total Assets | $120.02M | $121.73M | $119.57M | $123.72M | $124.19M | $137.86M | $136.21M | $147.39M | $152.40M | $151.62M |
| Current Liabilities | $28.09M | $28.37M | $24.72M | $30.42M | $28.57M | $35.51M | $30.16M | $43.57M | $48.75M | $46.39M |
| Long-term Debt | $8.69M | $9.68M | $10.66M | $8.68M | $9.46M | $12.41M | $13.22M | $13.97M | $15.47M | $16.22M |
| Total Liabilities | $45.55M | $47.31M | $45.12M | $49.34M | $48.72M | $58.93M | $54.85M | $69.31M | $75.41M | $74.07M |
| Stockholders' Equity | $74.47M | $74.42M | $74.45M | $74.38M | $75.47M | $78.93M | $81.36M | $78.08M | $76.99M | $77.56M |
| Retained Earnings | ($238.31M) | ($237.13M) | ($235.79M) | ($234.39M) | ($231.76M) | ($225.52M) | ($223.02M) | ($223.41M) | ($220.39M) | ($218.50M) |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $3.60M | - | - | $2.66M | - | - | $7.50M | - |
| Investing Cash Flow | - | - | ($74.0K) | - | - | ($157.0K) | - | - | ($486.0K) | - |
| Financing Cash Flow | - | - | ($1.44M) | - | - | ($2.35M) | - | - | ($985.0K) | - |
| CapEx | - | - | $74.0K | - | - | $157.0K | - | - | $486.0K | - |
| Free Cash Flow | - | - | $3.53M | - | - | $2.51M | - | - | $7.01M | - |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 43.1% | 43.6% | 44.8% | 42.6% | 43.5% | 42.1% | 40.6% | 40.1% | 42.7% | 43.8% |
| Operating margin | -3.7% | -3.6% | -5.1% | -6.9% | -12.6% | -6.2% | -4.7% | -0.2% | -4.8% | -6.7% |
| EBITDA margin | - | - | -3.3% | - | - | -4.6% | - | - | -3.2% | - |
| Net margin | -3.9% | -4.5% | -4.7% | -7.6% | -13.6% | -7.3% | -7.0% | -1.0% | -5.7% | -8.3% |
| Free cash flow margin | - | - | 11.9% | - | - | 7.3% | - | - | 21.2% | - |
| FCF / Net income | - | - | -2.52 | - | - | -1.00 | - | - | -3.72 | - |
| R&D / Revenue | 13.7% | 15.5% | 15.4% | 16.0% | 15.7% | 14.4% | 12.8% | 12.6% | 15.5% | 16.1% |
| SG&A / Revenue | 31.3% | 29.4% | 32.0% | 28.3% | 31.4% | 27.6% | 27.6% | 23.7% | 27.8% | 31.1% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -1.0% | -1.1% | -1.2% | -1.9% | -3.1% | -1.8% | -1.9% | -0.3% | -1.2% | -1.7% |
| Return on equity | -1.6% | -1.8% | -1.9% | -3.2% | -5.1% | -3.2% | -3.2% | -0.5% | -2.4% | -3.4% |
| Return on invested capital | -1.1% | -1.0% | -1.4% | -2.1% | -3.3% | -1.8% | -1.5% | -0.1% | -1.3% | -1.8% |
| Liquidity | ||||||||||
| Current ratio | 2.74 | 2.75 | 3.01 | 2.54 | 2.68 | 2.61 | 2.95 | 2.25 | 2.03 | 2.08 |
| Quick ratio | 1.80 | 1.79 | 1.93 | 1.68 | 1.69 | 1.78 | 2.03 | 1.32 | 1.09 | 1.01 |
| Cash ratio | 0.84 | 0.81 | 0.90 | 0.66 | 0.70 | 0.74 | 0.87 | 0.57 | 0.40 | 0.29 |
| Leverage | ||||||||||
| Debt / Equity | 0.12 | 0.13 | 0.14 | 0.12 | 0.13 | 0.16 | 0.16 | 0.18 | 0.20 | 0.21 |
| Debt / Assets | 0.07 | 0.08 | 0.09 | 0.07 | 0.08 | 0.09 | 0.10 | 0.09 | 0.10 | 0.11 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.61 | 1.64 | 1.61 | 1.66 | 1.65 | 1.75 | 1.67 | 1.89 | 1.98 | 1.96 |
| Liabilities / Assets | 0.38 | 0.39 | 0.38 | 0.40 | 0.39 | 0.43 | 0.40 | 0.47 | 0.49 | 0.49 |
| Efficiency | ||||||||||
| Asset turnover | 0.25 | 0.24 | 0.25 | 0.25 | 0.23 | 0.25 | 0.27 | 0.28 | 0.22 | 0.21 |
| Inventory turnover | 0.65 | 0.62 | 0.00 | 0.68 | 0.57 | 0.68 | 0.79 | 0.61 | 0.41 | 0.36 |
| Days sales outstanding | 284d | 285d | 269d | 294d | 303d | 327d | 308d | 253d | 333d | 321d |
| Days inventory outstanding | 562d | 588d | 126826d | 538d | 638d | 540d | 459d | 600d | 883d | 1025d |
| Days payable outstanding | 292d | 275d | 45668d | 271d | 250d | 314d | 172d | 205d | 176d | 256d |
| Cash conversion cycle | 554d | 598d | 81427d | 562d | 692d | 553d | 596d | 648d | 1039d | 1090d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 2.8x | 3.1x | 2.4x | 1.5x | 1.3x | 2.0x | 1.6x | 1.7x | 2.1x | 2.0x |
| P / S | 6.9x | 7.8x | 6.0x | 3.6x | 3.4x | 4.6x | 3.6x | 3.2x | 5.0x | 4.9x |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 5.9% | -4.5% | -13.4% | -15.9% | -30.8% | 4.2% | 17.6% | 24.9% | 3.9% | -6.5% |
| Revenue CAGR (3y) | -2.9% | -1.9% | -2.1% | -2.6% | -4.1% | 7.5% | 30.7% | 34.0% | 37.4% | 33.5% |
| Revenue CAGR (5y) | 12.0% | 12.4% | 18.5% | 18.7% | 11.5% | 22.0% | 26.7% | 28.8% | 21.9% | 22.7% |
| Gross profit growth (YoY) | 4.9% | -2.4% | -7.8% | -11.6% | -24.8% | 2.7% | 9.0% | 12.8% | 0.4% | -4.5% |
| Operating income growth (YoY) | 68.5% | 50.3% | 28.2% | -22.9% | -3667.4% | -35.2% | 16.7% | 96.1% | -14.8% | -21.4% |
| Net income growth (YoY) | 69.5% | 43.9% | 44.0% | 8.5% | -814.4% | -32.7% | 0.6% | 86.2% | -14.1% | -8.9% |
| EPS growth (YoY) | 70.0% | 50.0% | 42.9% | 14.3% | -900.0% | -40.0% | 0.0% | 87.5% | 37.5% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | 40.9% | - | - | -64.3% | - | - | - | - |
| FCF CAGR (5y) | - | - | 37.6% | - | - | - | - | - | - | - |
| Book value growth (YoY) | -1.3% | 0.1% | -5.7% | -8.6% | -3.3% | 2.5% | 4.9% | 0.1% | -3.4% | -2.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-30.
Product / service
$122.92M totalIo TSystem Solutions$68.73M · 55.9%
Embedded Io TSolutions$46.38M · 37.7%
Software And Services$7.81M · 6.4%
Peer comparison
Same SIC group: Computer Communications Equipment
Comparing LANTRONIX INC against the 5 most active filers in the same SIC group.