Lantronix, Inc. is a technology company specializing in the delivery of hardware, software-as-a-service (SaaS), and professional engineering services. Its solutions are designed to support edge computing, the Internet of Things (IoT), and remote environment management (REM) for clients across the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. Within its IoT portfolio, Lantronix offers a diverse range of products, categorized broadly into Connectivity, Compute, and Telematics solutions. Its IoT Connectivity offerings facilitate robust wired and wireless connections, significantly boosting the functionality and effectiveness of contemporary electronic systems. These solutions encompass secure network access, Power over Ethernet (PoE) for device power, application hosting, and essential protocol and media conversion, ensuring secure and efficient operation for geographically dispersed IoT implementations. The IoT Compute segment delivers processing power tailored to customer demands for advanced data transformation, computer vision, machine learning, augmented/virtual reality (AR/VR) applications, as well as audio/video aggregation, distribution, and bespoke software solutions. Furthermore, IoT Telematics provides energy-efficient products that enable seamless communication across various interfaces and industrial protocols, vital for comprehensive vehicle, fleet, and asset tracking and management. Complementing its core IoT offerings, Lantronix supplies a variety of networking hardware, including switches, media converters, Power over Ethernet (PoE) devices, NICs, and optical SFPs. It also provides specialized embedded computing components such as system-on-modules (SoMs), single board computers (SBCs), and development kits. Additionally, the company extends its expertise through engineering services covering mechanical, hardware, and software development, particularly for camera, audio, and AI/machine learning projects, alongside support for its xPrintServer technology. For Remote Environment Management (REM), Lantronix delivers solutions like out-of-band management, console management, power management, and IP-enabled Keyboard-Video-Mouse (KVM) technologies. These tools are crucial for enabling secure and efficient remote access to critical IT and networking infrastructure located in diverse settings such as test labs, data centers, branch offices, and distributed server rooms. Moreover, its robust SaaS platform empowers customers to seamlessly deploy, continuously monitor, effectively manage, and automate their operations across worldwide installations, all accessible via a unified platform login. Established in 1989, Lantronix, Inc. maintains its corporate headquarters in Irvine, California.
Price Overview
Last updated: Jul 10, 2026 4:15am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -0.29
Total Equity: $74.38M
Shares: 38,613,000
Total Debt: $11.75M
Cash: $20.10M
EBITDA: -$5.07M
Total Debt: $11.75M
Cash: $20.10M
Revenue: $122.92M
Shares: 38,613,000
Revenue: $122.92M
Revenue: $122.92M
Revenue: $122.92M
Total Equity: $74.38M
Tax Rate: 2.1%
Equity: $74.38M
Total Debt: $11.75M
Cash: $20.10M
Current Liabilities: $30.42M
Long-Term Debt: $8.68M
Total Debt: $11.75M
Total Equity: $74.38M
Shares: 38,613,000
Shares: 38,613,000
CapEx: -$505,000
Shares: 38,613,000
Stock Price: $5.70
Net Income: -$11.37M
Industry Benchmarks
Deep Analysis
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Income Statement (Annual)
Last updated: Jul 10, 2026 4:15am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $71.5M | $129.7M | $131.2M | $160.3M | $122.9M |
| Cost of Revenue | $38.5M | $74.1M | $74.9M | $96.0M | $71.2M |
| Gross Profit | $33.0M | $55.6M | $56.3M | $64.4M | $51.7M |
| Operating Expenses | $36.4M | $60.6M | $62.9M | $67.2M | $62.7M |
| Operating Income | -$3.3M | -$5.0M | -$6.7M | -$2.9M | -$11.0M |
| Net Income | -$4.0M | -$5.4M | -$9.0M | -$4.5M | -$11.4M |
| EBITDA | $377,000 | $896,000 | $792,000 | $4.6M | -$5.1M |
| EPS | $-0.14 | $-0.16 | $-0.25 | $-0.12 | $-0.29 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 10, 2026 4:15am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $9.7M | $17.2M | $13.5M | $26.2M | $20.1M |
| Total Current Assets | $43.2M | $90.0M | $96.6M | $89.0M | $77.4M |
| Total Assets | $72.6M | $137.4M | $151.6M | $136.2M | $123.7M |
| Current Liabilities | $22.9M | $35.5M | $46.4M | $30.2M | $30.4M |
| Long-Term Debt | $2.2M | $14.3M | $16.2M | $13.2M | $8.7M |
| Total Liabilities | $26.5M | $57.5M | $74.1M | $54.9M | $49.3M |
| Total Equity | $46.1M | $79.9M | $77.6M | $81.4M | $74.4M |
| Retained Earnings | -$204.2M | -$209.5M | -$218.5M | -$223.0M | -$234.4M |
Cash Flow (Annual)
Last updated: Jul 10, 2026 4:15am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $4.3M | -$9.4M | $237,000 | $18.6M | $7.3M |
| Capital Expenditure | $-783,000 | -$2.1M | -$2.7M | -$1.5M | $-505,000 |
| Free Cash Flow | $3.5M | -$11.5M | -$2.4M | $17.1M | $6.8M |
| Acquisitions (net) | $0 | -$23.6M | -$4.7M | $0 | -$6.5M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $2.0M | $7.5M | -$3.8M | $12.8M | -$6.1M |
Analyst Estimates (Annual)
Last updated: Jul 10, 2026 4:15am (just now)| Metric | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| Revenue |
$120.4M $118.4M – $121.7M
|
$138.6M $136.3M – $140.0M
|
$159.9M $157.7M – $162.1M
|
$185.4M $182.3M – $187.3M
|
| EBITDA |
$140,633 $138,290 – $142,058
|
$161,784 $159,090 – $163,424
|
$186,701 $184,113 – $189,288
|
$216,446 $212,841 – $218,639
|
| Net Income |
$5.8M $5.7M – $5.9M
|
$10.6M $10.4M – $10.8M
|
$13.8M $13.6M – $14.1M
|
$23.2M $22.7M – $23.5M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 10, 2026 4:15am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +81.4% | +1.2% | +22.2% | -23.3% |
| Gross Profit Growth | +68.3% | +1.2% | +14.4% | -19.7% |
| Operating Income Growth | -50.2% | -33.2% | +57.1% | -284.4% |
| Net Income Growth | -32.6% | -67.5% | +49.7% | -151.8% |
| EBITDA Growth | +137.7% | -11.6% | +483.6% | -209.6% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-01 | Stringham Brent Michael | M-Exempt | 3,223.00 | $0.00 | $0 |
| 2026-06-01 | Stringham Brent Michael | F-InKind | 1,466.00 | $7.58 | $11,112 |
| 2026-06-01 | Stringham Brent Michael | M-Exempt | 550.00 | $0.00 | $0 |
| 2026-06-01 | Stringham Brent Michael | M-Exempt | 3,223.00 | $0.00 | $0 |
| 2026-06-01 | Stringham Brent Michael | M-Exempt | 550.00 | $0.00 | $0 |
| 2026-06-01 | Awsare Saleel | A-Award | 5,824.00 | $0.00 | $0 |
| 2026-06-01 | Awsare Saleel | F-InKind | 3,124.00 | $7.58 | $23,680 |
| 2026-06-01 | Awsare Saleel | M-Exempt | 5,824.00 | $0.00 | $0 |
| 2026-06-01 | Hoff Kurt W | M-Exempt | 5,201.00 | $0.00 | $0 |
| 2026-06-01 | Hoff Kurt W | F-InKind | 3,952.00 | $7.58 | $29,956 |
| 2026-06-01 | Hoff Kurt W | M-Exempt | 3,469.00 | $0.00 | $0 |
| 2026-06-01 | Hoff Kurt W | M-Exempt | 5,201.00 | $0.00 | $0 |
| 2026-06-01 | Hoff Kurt W | M-Exempt | 3,469.00 | $0.00 | $0 |
| 2026-06-01 | Gurusamy Mathi | M-Exempt | 7,975.00 | $0.00 | $0 |
| 2026-06-01 | Gurusamy Mathi | F-InKind | 4,057.00 | $7.58 | $30,752 |
| 2026-06-01 | Gurusamy Mathi | M-Exempt | 3,335.00 | $0.00 | $0 |
| 2026-06-01 | Gurusamy Mathi | M-Exempt | 7,975.00 | $0.00 | $0 |
| 2026-06-01 | Gurusamy Mathi | M-Exempt | 3,335.00 | $0.00 | $0 |
| 2026-05-04 | Chittipeddi Sailesh | M-Exempt | 8,540.00 | $0.00 | $0 |
| 2026-05-04 | Chittipeddi Sailesh | M-Exempt | 8,540.00 | $0.00 | $0 |
Narrative Economics
market-narrative step).