Lantronix (LTRX) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Lantronix

NasdaqCM•Technology•Communication Equipment

$5.220.00(0.00%)Market closed

Market Cap

$246.67M

P/S

2.0x

P/B

2.1x

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 application processing solutions for data transformation, computer vision, machine learning, augmented/virtual reality, audio/video aggregation and distribution, and custom applications. It also provides IoT systems solutions, which includes routing, switching or gateway functionalities, telematics, and media conversion; 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, application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and other functions; and pre-certified products. In addition, the company offers single-pane-of-glass management for out-of-band (OOB) and industrial IoT deployments that enables customers to deploy, monitor, manage, and automate deployments; GPS-based vehicle and asset tracking capabilities for fleet, municipal, and industrial asset tracking customers; engineering services comprising turnkey product development or team augmentation; extended warranty, support, and maintenance services related to OOB and certain other product families. Further, it provides intelligent computing, secure connectivity, and remote management for mission-critical applications, enabling customers to optimize operations, enhance security and accelerate digital transformation; and hardware, software, services, and powers applications from mission-critical autonomous platforms and edge analytics for critical infrastructure to intelligent surveillance and secure network management. Lantronix, Inc. was incorporated in 1989 and is headquartered in Irvine, California.

How this company scores

AverageMetricSide Score: 57/100

Strongest: Profitability (17/25); weakest: Growth (8/25).

Profitability17/25

Growth8/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality17/25

Strengths

Rising free cash flowLong cash runwayInterest easily coveredConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 2.0x5y range 0.7x – 2.5x

Currently above its 19-quarter median.

P/B · 2.1x5y range 1.3x – 3.8x

Currently near its 19-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg -1.8x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $246.67M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $120.90M
Q. Revenue: $31.15M
TTM EBITDA: $-2.52M
TTM Op. Income: $-4.12M
Q. Op. Income: $-392,000
TTM Net Income: $-4.18M
Q. Net Income: $-269,000
EPS: $-0.006
Shares Out.: $42.16M

$120.90M in TTM revenue declined 1.6% YoY, reaching $31.15M last quarter. TTM EBITDA of $-2.52M and TTM operating income of $-4.12M show growth is flowing through to the bottom line. However, net income is negative at $4.18M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 43.7%
EBITDA Margin: -0.1%
Op. Margin: -1.3%
Net Margin: -0.9%

Op. margin of -1.3% is up 9.6% YoY — cost efficiency is improving. Net margin at -0.9% and gross margin of 43.7% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 88% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 2.0x
P/B Ratio: 2.1x

P/S of 2.0x and P/B of 2.1x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $160.34M
Cash: $60.47M
Long-Term Debt: N/A
Book Value: $119.28M
D/E Ratio: N/A
Debt/EBITDA: N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $1.93M
TTM Free Cash Flow: $9.27M
FCF Margin: 7.7%
FCF / Net Income: -2.2

TTM FCF of $9.27M on $1.93M in operating cash flow. The FCF / Net Income ratio of -2.2x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is up 37% — an improving trend.