Lantronix, Inc. (LTRX) quarterly income statement — complete revenue, gross profit & net income history
Lantronix, Inc. (LTRX) annual income statement — 28-year revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Sales/Revenue | 31.15M | 30.18M | 29.77M | 29.79M | 28.84M | 28.5M | 31.16M | 34.42M | 49.08M | 41.18M | 37.04M | 33.03M | 34.92M | 32.96M | 31.51M | 31.8M | 35.95M | 32.32M | 33.68M | 27.7M |
| Revenue Growth % | 8.03% | 5.88% | -4.45% | -13.45% | -41.23% | -30.8% | -15.87% | 4.21% | 40.52% | 24.93% | 17.56% | 3.89% | -2.84% | 1.98% | -6.46% | 14.76% | 74.17% | 88.94% | 103.08% | 61.58% |
| Cost of Goods Sold | 17.55M | 17.68M | 17.58M | 16.45M | 17.3M | 16.1M | 17.88M | 19.95M | 30.35M | 24.68M | 22.01M | 18.93M | 21.13M | 18.33M | 17.71M | 17.76M | 20.88M | 18.71M | 19.24M | 15.24M |
| COGS % of Revenue | 56.33% | 58.57% | 59.05% | 55.21% | 60% | 56.48% | 57.37% | 57.95% | 61.85% | 59.93% | 59.42% | 57.32% | 60.49% | 55.6% | 56.22% | 55.85% | 58.08% | 57.88% | 57.13% | 55.02% |
| Gross Profit | 13.61M | 12.5M | 12.19M | 13.35M | 11.54M | 12.4M | 13.28M | 14.47M | 18.72M | 16.5M | 15.03M | 14.1M | 13.8M | 14.64M | 13.79M | 14.04M | 15.07M | 13.62M | 14.44M | 12.46M |
| Gross Margin % | 43.67% | 41.43% | 40.95% | 44.79% | 40% | 43.52% | 42.63% | 42.05% | 38.15% | 40.07% | 40.58% | 42.68% | 39.51% | 44.4% | 43.78% | 44.15% | 41.92% | 42.12% | 42.87% | 44.98% |
| Gross Profit Growth % | 17.92% | 0.8% | -8.22% | -7.8% | -38.38% | -24.85% | -11.62% | 2.68% | 35.69% | 12.76% | 8.97% | 0.43% | -8.42% | 7.49% | -4.47% | 12.62% | 49.59% | 76.42% | 106.4% | 51.27% |
| Operating Expenses | 14M | 13.29M | 13.18M | 14.87M | 14.67M | 15.98M | 15.44M | 16.6M | 18.16M | 16.6M | 16.79M | 15.67M | 14.56M | 17.07M | 16.39M | 15.41M | 14.5M | 15.7M | 16.18M | 14.22M |
| OpEx % of Revenue | 44.93% | 44.05% | 44.28% | 49.92% | 50.87% | 56.08% | 49.56% | 48.23% | 37% | 40.31% | 45.33% | 47.44% | 41.69% | 51.77% | 52.03% | 48.46% | 40.34% | 48.56% | 48.04% | 51.34% |
| Selling, General & Admin | 9.33M | 9.19M | 8.49M | 10.13M | 8.69M | 8.61M | 8.46M | 9.14M | 10.69M | 9.4M | 9.89M | 8.84M | 7.7M | 9.67M | 9.81M | 9M | 9.36M | 8.26M | 8.94M | 7.91M |
| SG&A % of Revenue | 29.96% | 30.44% | 28.51% | 34.01% | 30.14% | 30.22% | 27.16% | 26.57% | 21.78% | 22.83% | 26.69% | 26.75% | 22.06% | 29.32% | 31.15% | 28.31% | 26.05% | 25.54% | 26.53% | 28.54% |
| Research & Development | 4.19M | 4.15M | 4.62M | 4.6M | 4.19M | 4.46M | 4.98M | 4.96M | 5.26M | 5.19M | 4.72M | 5.11M | 4.95M | 5.07M | 5.08M | 4.53M | 4.85M | 4.48M | 4.31M | 4.04M |
| R&D % of Revenue | 13.44% | 13.75% | 15.52% | 15.43% | 14.54% | 15.66% | 15.99% | 14.4% | 10.73% | 12.59% | 12.76% | 15.46% | 14.17% | 15.37% | 16.14% | 14.23% | 13.5% | 13.87% | 12.8% | 14.59% |
| Other Operating Expenses | 476K | -41K | 75K | 141K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 284K | 1000K | 1000K | 1000K |
| Operating Income | -392K | -792K | -991K | -1.53M | -3.13M | -3.58M | -2.16M | -2.13M | 565K | -95K | -1.76M | -1.57M | -761K | -2.43M | -2.6M | -1.37M | 568K | -2.08M | -1.74M | -1.76M |
| Operating Margin % | -1.26% | -2.62% | -3.33% | -5.13% | -10.87% | -12.56% | -6.93% | -6.18% | 1.15% | -0.23% | -4.75% | -4.77% | -2.18% | -7.37% | -8.25% | -4.31% | 1.58% | -6.43% | -5.16% | -6.35% |
| Operating Income Growth % | 87.49% | 77.87% | 54.12% | 28.24% | -654.69% | -3667.37% | -22.87% | -35.2% | 174.24% | 96.09% | 32.38% | -14.81% | -233.98% | -16.88% | -49.51% | 22.1% | 159.11% | -145.28% | -31.54% | -754.37% |
| EBITDA | 112K | -181K | 14K | -484K | -2.1M | -2.2M | -339K | -334K | 2.44M | 1.79M | 51K | 338K | 1.22M | -575K | -661K | 397K | 2.34M | -327K | -66K | -337K |
| EBITDA Margin % | 0.36% | -0.6% | 0.05% | -1.62% | -7.26% | -7.71% | -1.09% | -0.97% | 4.97% | 4.34% | 0.14% | 1.02% | 3.48% | -1.74% | -2.1% | 1.25% | 6.5% | -1.01% | -0.2% | -1.22% |
| EBITDA Growth % | 105.35% | 91.77% | 104.13% | -44.91% | -185.9% | -223% | -764.71% | -198.82% | 100.74% | 410.78% | 107.72% | -14.86% | -48.01% | -75.84% | -901.52% | 217.8% | 1147.98% | -368.03% | 70.27% | -137.57% |
| D&A (Non-Cash Add-back) | 504K | 611K | 1M | 1.04M | 1.04M | 1.38M | 1.82M | 1.79M | 1.87M | 1.88M | 1.81M | 1.91M | 1.98M | 1.86M | 1.94M | 1.77M | 1.77M | 1.75M | 1.67M | 1.42M |
| EBIT | -309K | -1.15M | -1.08M | -1.34M | -3.19M | -3.6M | -2.15M | -2.17M | 574K | -93K | -1.78M | -1.55M | -813K | -2.46M | -2.14M | -1.34M | 646K | -2.81M | -1.69M | -1.86M |
| Net Interest Income | -159K | -2K | -9K | -15K | -107K | -159K | -126K | -119K | -175K | -171K | -232K | -338K | -404K | -465K | -354K | -262K | -195K | -303K | -595K | -379K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 159K | 2K | 9K | 15K | 107K | 159K | 126K | 119K | 175K | 171K | 232K | 338K | 404K | 465K | 354K | 262K | 195K | 303K | 595K | 379K |
| Other Income/Expense | 83K | -355K | -96K | 168K | -159K | -178K | -118K | -156K | -166K | -169K | -255K | -319K | -456K | -494K | 109K | -228K | -117K | -1.03M | -550K | -481K |
| Pretax Income | -309K | -1.15M | -1.09M | -1.36M | -3.29M | -3.76M | -2.28M | -2.28M | 399K | -264K | -2.01M | -1.89M | -1.22M | -2.92M | -2.49M | -1.6M | 451K | -3.12M | -2.29M | -2.24M |
| Pretax Margin % | -0.99% | -3.8% | -3.65% | -4.56% | -11.42% | -13.18% | -7.31% | -6.64% | 0.81% | -0.64% | -5.44% | -5.73% | -3.48% | -8.87% | -7.91% | -5.03% | 1.25% | -9.64% | -6.8% | -8.09% |
| Income Tax | -40K | 34K | 243K | 42K | -662K | 111K | 94K | 218K | 13K | 159K | 580K | -7K | 436K | 140K | 118K | 54K | -2.06M | 75K | 106K | 42K |
| Effective Tax Rate % | 12.94% | -2.96% | -22.36% | -3.09% | 20.1% | -2.95% | -4.13% | -9.54% | 3.26% | -60.23% | -28.81% | 0.37% | -35.83% | -4.79% | -4.74% | -3.38% | -455.65% | -2.41% | -4.63% | -1.87% |
| Net Income | -269K | -1.18M | -1.33M | -1.4M | -2.63M | -3.87M | -2.37M | -2.5M | 386K | -423K | -2.59M | -1.89M | -1.65M | -3.06M | -2.61M | -1.65M | 2.51M | -3.19M | -2.4M | -2.28M |
| Net Margin % | -0.86% | -3.91% | -4.47% | -4.7% | -9.12% | -13.57% | -7.61% | -7.27% | 0.79% | -1.03% | -7% | -5.71% | -4.73% | -9.3% | -8.28% | -5.2% | 6.97% | -9.87% | -7.11% | -8.24% |
| Net Income Growth % | 89.78% | 69.47% | 43.93% | 44% | -781.61% | -814.42% | 8.52% | -32.66% | 123.35% | 86.2% | 0.61% | -14.1% | -165.96% | 3.92% | -8.94% | 27.6% | 328.65% | -168.74% | -64.15% | -655.96% |
| Net Income (Continuing) | -269K | -1.18M | -1.33M | -1.4M | -2.63M | -3.87M | -2.37M | -2.5M | 386K | -423K | -2.59M | -1.89M | -1.65M | -3.06M | -2.61M | -1.65M | 2.51M | -3.19M | -2.4M | -2.28M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.01 | -0.03 | -0.03 | -0.04 | -0.07 | -0.10 | -0.06 | -0.07 | 0.01 | -0.01 | -0.07 | -0.05 | -0.05 | -0.08 | -0.07 | -0.05 | 0.07 | -0.09 | -0.08 | -0.08 |
| EPS Growth % | 90.52% | 69.88% | 45.11% | 45.74% | -768.32% | -781.42% | 11.53% | -29.02% | 122.44% | 86.53% | 3.34% | -9.21% | -164.29% | 8.71% | 4.52% | 40.2% | 285.19% | -123.06% | -47.74% | -636.79% |
| EPS (Basic) | -0.01 | -0.03 | -0.03 | -0.04 | -0.07 | -0.10 | -0.06 | -0.07 | 0.01 | -0.01 | -0.07 | -0.05 | -0.05 | -0.08 | -0.07 | -0.05 | 0.07 | -0.09 | -0.08 | -0.08 |
| Diluted Shares Outstanding | 42.19M | 39.47M | 39.34M | 39.19M | 38.98M | 38.82M | 38.63M | 38.02M | 38.1M | 37.51M | 37.35M | 36.98M | 36.72M | 36.55M | 36.35M | 35.41M | 36.15M | 34.7M | 31.85M | 29.23M |
| Basic Shares Outstanding | 42.19M | 39.47M | 39.34M | 39.19M | 38.98M | 38.82M | 38.63M | 38.02M | 37.7M | 37.51M | 37.35M | 36.98M | 36.72M | 36.55M | 36.35M | 35.41M | 34.93M | 34.7M | 31.85M | 29.23M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |