Lantronix (LTRX)
NASDAQ:LTRX
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Earnings Data
Report Date
Aug 20, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.04Last Year’s EPS
0.01Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial progress: revenue and EPS were in-line with guidance, Embedded IoT grew 22% YoY, margins remained healthy above 43%, cash generation improved, debt was reduced, software recurring revenue increased, and the company significantly expanded its unmanned systems footprint with new design wins, partnerships, and international shipments. Key near-term challenges include slower federal procurement timing impacting IoT systems, a still-present GAAP net loss (albeit improved), slight YoY pressure on non-GAAP gross margin, and uncertainty around timing and magnitude of drone revenue despite an increased outlook. On balance, the positive execution, momentum in higher-growth areas (drones, edge AI, software), improving cash/ leverage metrics, and strategic partnerships outweigh the operational and timing risks.Company Guidance
Revenue and EPS Within Guidance
Revenue of $30.2M and non-GAAP EPS of $0.04 for Q3 FY2026, both within guidance; Q4 revenue outlook $29M–$33M and non-GAAP EPS guidance $0.03–$0.05.
Embedded IoT Solutions Strong Growth
Embedded IoT Solutions portfolio grew 22% year-over-year, driving sequential and YoY revenue growth and contributing to overall company momentum.
Robust Gross Margins
GAAP gross margin 43.1% and non-GAAP gross margin 43.6% in Q3, roughly flat to slightly down year-over-year but sustained above 43%, supported by higher-margin product mix and recurring revenue.
Profitability and Expense Discipline
GAAP operating expenses of $14.1M in Q3, down ~12% from $16.0M year-ago; GAAP net loss improved to $1.2M (−$0.03 per share) from $3.9M (−$0.10) a year ago; non-GAAP net income $1.5M ($0.04) — improvement versus prior year.
Improving Cash and Leverage Metrics
Cash and cash equivalents $23.5M (up ~$0.5M QoQ and ~$3.5M YoY); generated positive operating cash flow ~ $2.2M in the quarter and $7.9M YTD; debt reduced to $8.7M after ~$1M paydown in the quarter and nearly $4M over the last 12 months; net cash position approx. $14.8M.
Unmanned Systems (Drone) Momentum and Outlook Raise
Raised FY2026 drone revenue outlook to $10M–$14M (midpoint $12M); drones expected to roughly double in FY2027 and represent ~15%–20% of total revenue; shipped to over a dozen OEM partners, converted a design win with a major body-camera maker, and secured payload/counter-drone wins.
Product & Partnership Expansion
Advanced multi-silicon strategy (added MediaTek Genio SoCs alongside Qualcomm), strategic collaboration with Unusual Machines, first shipment to UK customer Evolve Dynamics, early engagements with Ukrainian drone makers, and expanded drone sales and R&D investments to scale capabilities.
Recurring Revenue and Software Mix Increasing
Software and services mix expanded from ~5%–6% to ~8%–9% of revenue over the last two quarters, with a stated path to double-digits midterm to improve revenue visibility and margins.
LTRX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LTRX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $6.77 | $5.83 | -13.88% |
Feb 04, 2026 | $6.23 | $5.82 | -6.58% |
Nov 05, 2025 | $4.65 | $5.08 | +9.25% |
Aug 27, 2025 | $3.71 | $4.65 | +25.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Lantronix (LTRX) report earnings?
Lantronix (LTRX) is schdueled to report earning on Aug 20, 2026, After Close (Confirmed).
What is Lantronix (LTRX) earnings time?
Lantronix (LTRX) earnings time is at Aug 20, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LTRX EPS forecast?
LTRX EPS forecast for the fiscal quarter 2026 (Q4) is 0.04.