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Lantronix Inc. (LTRX) Fundamental Analysis & AI Grade 2026

LTRX Nasdaq Computer Communications Equipment DE CIK: 0001114925
Updated This Month • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
78% Confidence
AGREEMENT
C
88% Conf
B
68% Conf

📊 LTRX Key Takeaways

Revenue: $89.7M
Net Margin: -4.4%
Free Cash Flow: $7.5M
Current Ratio: 2.74x
Debt/Equity: 0.12x
EPS: $-0.10
AI Grade: C with 88% confidence
Lantronix Inc. (LTRX) receives a C fundamental grade with 78% confidence from our AI analysis based on SEC 10-K filings. With revenue of $89.7M, net profit margin of -4.4%, and return on equity (ROE) of -5.3%, Lantronix Inc. demonstrates mixed fundamentals in the Technology sector. Below is our complete LTRX stock analysis for 2026.

Is Lantronix Inc. (LTRX) a Good Investment?

Claude

Lantronix is unprofitable with zero revenue growth and deteriorating earnings (-141.7% EPS decline YoY), indicating fundamental operational distress despite a strong balance sheet. While the company generates positive free cash flow and maintains low leverage, the negative operating margins (-4.2%), inability to cover interest from operations, and complete absence of growth trajectory signal declining fundamental health.

ChatGPT

Lantronix demonstrates solid gross margins, strong liquidity, and positive free cash flow despite reporting GAAP losses. However, revenue is flat and operating margins remain negative, keeping the path to sustainable profitability uncertain. Evidence of margin improvement and growth reacceleration would justify a more constructive stance.

Lantronix Inc. Key Strengths (LTRX)

Claude
  • + Strong liquidity position with 2.74x current ratio and $23.5M cash providing financial flexibility
  • + Conservative capital structure with 0.12x debt-to-equity ratio limiting financial risk
  • + Positive free cash flow generation of $7.5M despite operating losses, demonstrating asset conversion capability
ChatGPT
  • + Strong liquidity and low leverage (cash > debt, 2.75x current ratio)
  • + Positive operating cash flow and FCF with minimal capex needs
  • + Healthy gross margin (~44%) enabling potential operating leverage

LTRX Stock Risks: Lantronix Inc. Investment Risks

Claude
  • ! Unprofitable operations with negative operating margin (-4.2%) and net margin (-4.4%) indicating structural cost issues
  • ! Zero revenue growth (0.0% YoY) reflects complete business stagnation with no organic expansion
  • ! Deteriorating profitability with EPS collapsing -141.7% YoY and negative interest coverage of -4.1x limiting debt servicing capacity
  • ! Unusual divergence between negative net income and positive operating cash flow suggests accounting adjustments masking operational reality
ChatGPT
  • ! Persistent operating losses and negative interest coverage
  • ! Flat revenue growth indicating demand or competitive headwinds
  • ! EPS volatility and potential dilution if cash flow weakens

Key Metrics to Watch

Claude
  • * Operating margin trajectory and path to profitability
  • * Revenue growth acceleration and market demand signals
  • * Quarterly SG&A expense trends and operational efficiency improvements
  • * Free cash flow sustainability and cash burn rate
ChatGPT
  • * Operating margin (EBIT)
  • * Revenue growth (YoY)

Lantronix Inc. (LTRX) Financial Metrics & Key Ratios

Revenue
$89.7M
Net Income
$-3.9M
EPS (Diluted)
$-0.10
Free Cash Flow
$7.5M
Total Assets
$120.0M
Cash Position
$23.5M

💡 AI Analyst Insight

Strong liquidity with a 2.74x current ratio provides a solid financial cushion.

LTRX Profit Margin, ROE & Profitability Analysis

Gross Margin 43.8%
Operating Margin -4.2%
Net Margin -4.4%
ROE -5.3%
ROA -3.3%
FCF Margin 8.4%

LTRX vs Technology Sector: How Lantronix Inc. Compares

How Lantronix Inc. compares to Technology sector averages

Net Margin
LTRX -4.4%
vs
Sector Avg 18.0%
LTRX Sector
ROE
LTRX -5.3%
vs
Sector Avg 22.0%
LTRX Sector
Current Ratio
LTRX 2.7x
vs
Sector Avg 2.5x
LTRX Sector
Debt/Equity
LTRX 0.1x
vs
Sector Avg 0.5x
LTRX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Lantronix Inc. Stock Overvalued? LTRX Valuation Analysis 2026

Based on fundamental analysis, Lantronix Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
-5.3%
Sector avg: 22%
Net Profit Margin
-4.4%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.12x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Lantronix Inc. Balance Sheet: LTRX Debt, Cash & Liquidity

Current Ratio
2.74x
Quick Ratio
1.80x
Debt/Equity
0.12x
Debt/Assets
38.0%
Interest Coverage
-4.05x
Long-term Debt
$8.7M

LTRX Revenue & Earnings Growth: 5-Year Financial Trend

LTRX 5-year financial data: Year 2021: Revenue $71.5M, Net Income -$10.7M, EPS N/A. Year 2022: Revenue $129.7M, Net Income -$4.0M, EPS $-0.14. Year 2023: Revenue $131.2M, Net Income -$5.4M, EPS $-0.16. Year 2024: Revenue $160.3M, Net Income -$9.0M, EPS $-0.25. Year 2025: Revenue $160.3M, Net Income -$4.5M, EPS $-0.12.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Lantronix Inc.'s revenue has grown significantly by 124% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.12 indicates the company is currently unprofitable.

LTRX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
8.4%
Free cash flow / Revenue

LTRX Quarterly Earnings & Performance

Quarterly financial performance data for Lantronix Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $28.5M -$1.2M $-0.03
Q2 2026 $29.8M -$1.3M $-0.03
Q1 2026 $29.8M -$1.4M $-0.04
Q3 2025 $28.5M -$423.0K $-0.01
Q2 2025 $31.2M -$2.4M $-0.06
Q1 2025 $33.0M -$1.9M $-0.05
Q3 2024 $33.0M -$423.0K $-0.01
Q2 2024 $31.5M -$2.6M $-0.07

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Lantronix Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$8.0M
Cash generated from operations
Capital Expenditures
$403.0K
Investment in assets
Dividends
None
No dividend program

LTRX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Lantronix Inc. (CIK: 0001114925)

📋 Recent SEC Filings

Date Form Document Action
May 8, 2026 8-K lantronix_8k.htm View →
May 7, 2026 10-Q lantronix_i10q-033126.htm View →
May 6, 2026 8-K lantronix_8k.htm View →
May 5, 2026 4 xslF345X06/ownership.xml View →
May 5, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about LTRX

What is the AI rating for LTRX?

Lantronix Inc. (LTRX) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are LTRX's key strengths?

Claude: Strong liquidity position with 2.74x current ratio and $23.5M cash providing financial flexibility. Conservative capital structure with 0.12x debt-to-equity ratio limiting financial risk. ChatGPT: Strong liquidity and low leverage (cash > debt, 2.75x current ratio). Positive operating cash flow and FCF with minimal capex needs.

What are the risks of investing in LTRX?

Claude: Unprofitable operations with negative operating margin (-4.2%) and net margin (-4.4%) indicating structural cost issues. Zero revenue growth (0.0% YoY) reflects complete business stagnation with no organic expansion. ChatGPT: Persistent operating losses and negative interest coverage. Flat revenue growth indicating demand or competitive headwinds.

What is LTRX's revenue and growth?

Lantronix Inc. reported revenue of $89.7M.

Does LTRX pay dividends?

Lantronix Inc. does not currently pay dividends.

Where can I find LTRX SEC filings?

Official SEC filings for Lantronix Inc. (CIK: 0001114925) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is LTRX's EPS?

Lantronix Inc. has a diluted EPS of $-0.10.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is LTRX's fundamental grade?

Based on our AI fundamental analysis in May 2026, Lantronix Inc. has a C grade with 78% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is LTRX stock overvalued or undervalued?

Valuation metrics for LTRX: ROE of -5.3% (sector avg: 22%), net margin of -4.4% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is LTRX's AI grade for 2026?

Our dual AI analysis gives Lantronix Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is LTRX's free cash flow?

Lantronix Inc.'s operating cash flow is $8.0M, with capital expenditures of $403.0K. FCF margin is 8.4%.

How does LTRX compare to other Technology stocks?

Vs Technology sector averages: Net margin -4.4% (avg: 18%), ROE -5.3% (avg: 22%), current ratio 2.74 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI