
LTRX — Lantronix Inc
NASDAQ · Technology · Communication Equipment
$5.24
+$0.08 (+1.65%)
Lantronix Inc (LTRX) is a communication equipment company listed on NASDAQ. It is led by Saleel Awsare, based in 48 Discovery, Irvine, CA, United States, 92618, with about 351 employees. Lantronix, Inc. develops, markets, and sells industrial and enterprise internet of things (IoT) products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's embedded IoT solutions provides embedded products, including compute system-on-module and system-in-package solutions; and IoT compute products which offers application processing solutions for data transformation, computer vision, machine learning, augmented/virtual reality, and custom applications, as well as software tools for industrial automation, automotive systems, and smart city infrastructure. It also provides IoT Systems Solutions, which include wired and wireless connections which enhances modern electronic systems and equipment by providing secure network connectivity, power for IoT end devices through power over ethernet (PoE), application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and other functions; PoE products for support of remote devices, such as camera and wireless access points; smart tracking devices; and advanced out-of-band products, including console and power management, and IP-connected keyboard-video-mouse. In addition, the company offers a SaaS platform that enables customers to deploy, monitor, manage, and automate deployments; multitenancy functionality for support of customer separation and data security; and multidisciplinary engineering services for IoT product development, including hardware, software, mechanical engineering, rapid prototyping, and quality assurance. The company has a strategic partnership with Safe Pro Group Inc. to develop autonomous drone components integrating edge AI compute with flight control systems; has a collaboration with Cherry & White to Launch rapid Wi-Fi platform that brings enterprise-grade connectivity to critical infrastructure in minutes. Lantronix, Inc. was incorporated in 1989 and is based in Irvine, California.
Latest reported LTRX revenue for 2025-09-30 was $29.8M. Net income was -$1.4M. Revenue was down 75.8% from 2025-06-30 to 2025-09-30. LTRX currently screens at market cap $288.2M.
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About Lantronix Inc
Lantronix, Inc. develops, markets, and sells industrial and enterprise internet of things (IoT) products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's embedded IoT solutions provides embedded products, including compute system-on-module and system-in-package solutions; and IoT compute products which offers application processing solutions for data transformation, computer vision, machine learning, augmented/virtual reality, and custom applications, as well as software tools for industrial automation, automotive systems, and smart city infrastructure. It also provides IoT Systems Solutions, which include wired and wireless connections which enhances modern electronic systems and equipment by providing secure network connectivity, power for IoT end devices through power over ethernet (PoE), application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and other functions; PoE products for support of remote devices, such as camera and wireless access points; smart tracking devices; and advanced out-of-band products, including console and power management, and IP-connected keyboard-video-mouse. In addition, the company offers a SaaS platform that enables customers to deploy, monitor, manage, and automate deployments; multitenancy functionality for support of customer separation and data security; and multidisciplinary engineering services for IoT product development, including hardware, software, mechanical engineering, rapid prototyping, and quality assurance. The company has a strategic partnership with Safe Pro Group Inc. to develop autonomous drone components integrating edge AI compute with flight control systems; has a collaboration with Cherry & White to Launch rapid Wi-Fi platform that brings enterprise-grade connectivity to critical infrastructure in minutes. Lantronix, Inc. was incorporated in 1989 and is based in Irvine, California.
LTRX Key Statistics
Market Cap
$288.17M
Volume
634,324
Previous Close
$5.74
Day Range
$5.65 – $5.93
P/B Ratio
3.87
EPS
-$0.29
Revenue
$122.92M
Net Income
-$11.61M
Gross Profit
$0.00
Free Cash Flow
$0.00
Revenue Growth
-23.3%
Profit Margin
-9.4%
Employees
351
LTRX Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $122.92M | $160.33M | $131.19M | $129.66M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | -$11.61M | -$3.77M | -$8.23M | -$7.19M |
| EPS (Diluted) | -$0.29 | -$0.12 | -$0.25 | -$0.16 |
Total Assets
$123.72M
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$20.10M
Operating Cash Flow
$7.29M
Free Cash Flow
$0.00
Lantronix Inc Company Information
- President, CEO & Director
- Saleel Awsare
- Headquarters
- 48 Discovery, Irvine, CA, United States, 92618
- Website
- www.lantronix.com
- Phone
- 949 453 3990
- IPO / Founded
- 2000-08-04
- Sector
- Technology
- Industry
- Communication Equipment