LANTRONIX (LTRX) Company Report

Lantronix reported Q2 2026 revenue of $29.8 million and Non-GAAP EPS of $0.04, both within its guidance range.
The company raised its fiscal 2026 drone revenue outlook to $8 million-$12 million, an increase from the previous range of $5 million-$10 million.
Lantronix expects drone revenue to become a significant contributor, representing 15%-20% of total revenue in fiscal 2027, potentially reaching $20 million-$30 million.
For Q3 2026, the company forecasts revenue in the range of $28.5 million-$32.5 million and Non-GAAP EPS between $0.03-$0.06 per share.
Software and services comprised approximately 6% of total revenue over the last 12 months, with a strategic goal to more than double this mix over the mid-term.

2 days ago

Transcript

Lantronix Reports Q2 2026 Results and Raises Drone Revenue Outlook

LTRX

Earnings

Guidance Update

Revenue Acceleration/Inflection

Lantronix reported Q2 2026 revenue of $29.8 million and Non-GAAP EPS of $0.04.
For Q3 2026, the company anticipates revenue between $28.5 million and $32.5 million, with Non-GAAP EPS in the range of $0.03 to $0.06 per share.
The fiscal 2026 drone revenue outlook was increased to $8 million-$12 million from the prior $5 million-$10 million range.
Drone revenue is expected to comprise 15%-20% of total revenue in fiscal 2027, potentially reaching the $20 million-$30 million range.

2 days ago

Transcript

Lantronix Reports Q2 2026 Results and Raises Drone Revenue Outlook

LTRX

Earnings

Guidance Update

M&A

Lantronix reported Q2 2026 revenue of $29.8 million and Non-GAAP EPS of $0.04.
For Q3 2026, the company expects revenue to be in the range of $28.5 million-$32.5 million and Non-GAAP EPS between $0.03-$0.06 per share.
The fiscal 2026 drone revenue outlook was raised to $8 million-$12 million from the previous range of $5 million-$10 million, with expectations for drone revenue to represent 15%-20% of total revenue in fiscal 2027.
The company is focusing on its Edge AI strategy, expanding software-enabled recurring revenue, and considering M&A in drone subsystems and critical infrastructure monitoring to drive higher gross margins and software revenues.

2 days ago

Transcript

Lantronix Reports Q2 FY2026 Financial Results and Raises Drone Revenue Outlook

LTRX

Earnings

Guidance Update

Revenue Acceleration/Inflection

Lantronix reported Net Revenue of $29.8 million, a GAAP EPS of ($0.03), and a Non-GAAP EPS of $0.04 for the fiscal second quarter ended December 31, 2025.
The company increased its FY26 Drone Revenue Expectation to a range of $8 Million-$12 Million, up from the prior range of $5 Million-$10 Million.
For the third quarter of fiscal 2026, Lantronix provided guidance of revenue between $28.5 million and $32.5 million and Non-GAAP EPS between $0.03 and $0.06.
Lantronix ended the quarter with $23.0 million in cash and cash equivalents and reduced its outstanding debt to approximately $9.7 million as of December 31, 2025.

2 days ago

8-K

Lantronix Reports Fiscal Second Quarter 2026 Financial Results

LTRX

Earnings

Guidance Update

Product Launch

Lantronix reported Net Revenue of $29.8 million, GAAP EPS of ($0.03), and Non-GAAP EPS of $0.04 for the fiscal second quarter ended December 31, 2025.
The company increased its FY26 Drone Revenue Expectation to a range of $8 Million-$12 Million, up from the prior range of $5 Million-$10 Million.
For Q3 FY2026, Lantronix provided a financial outlook of Revenue between $28.5 million to $32.5 million (midpoint $30.5 million) and Non-GAAP EPS of $0.03 to $0.06.
Lantronix saw strong momentum in the unmanned systems industry, with customer programs advancing, and launched new Edge AI solutions, including a Drone Reference Platform, at CES 2026.

2 days ago

Press Release

Lantronix Forms Strategic Partnership with Safe Pro Group

LTRX

New Projects/Investments

Product Launch

Lantronix Inc., a global leader in compute and connectivity IoT solutions, has announced a Memorandum of Understanding (MOU) and a Master Services Agreement (MSA) with Safe Pro Group Inc..
These agreements establish a scalable framework for the joint development, integration, and commercialization of new embeddable chipsets that strengthen the ecosystem of Qualcomm®-based drone and autonomous vehicle platforms.
Lantronix will integrate Safe Pro Object Threat Detection (SPOTD) AI algorithms and models with its Qualcomm-based Open-Q™ System-on-Module (SOM) solutions.
This integration aims to deliver real-time, on-device detection of landmines and small threats without cloud connectivity, enhancing mission-critical security and advancing next-generation unmanned systems.

Jan 29, 2026, 2:10 PM

Press Release

Lantronix Partners with Safe Pro Group to Advance AI-Driven Edge Intelligence

LTRX

New Projects/Investments

Revenue Acceleration/Inflection

Lantronix Inc. announced a Memorandum of Understanding (MOU) and a Master Services Agreement (MSA) with Safe Pro Group Inc. on January 27, 2026, to jointly develop and commercialize new embeddable chipsets.
This partnership will integrate Safe Pro's Object Threat Detection (SPOTD) AI algorithms with Lantronix's Qualcomm-based Open-Q™ System-on-Module (SOM) solutions.
The collaboration aims to deliver real-time, on-device AI for threat detection in defense and commercial drone programs, including those used by the U.S. Army, without requiring cloud connectivity.
Lantronix anticipates this initiative will accelerate its Edge AI strategy and create scalable revenue opportunities in the global drone market, which is projected to reach $57.8 billion by 2030.

Jan 27, 2026, 12:00 PM

Press Release

Lantronix Debuts New AI-Powered Edge Surveillance and Connectivity Platform

LTRX

Product Launch

New Projects/Investments

Revenue Acceleration/Inflection

Lantronix (NASDAQ: LTRX) announced the debut of its new SmartEdge.ai™ 5G-ready Edge AI Gateway and SmartSwitch.ai™ PoE+ aggregation switch, forming an integrated Edge AI surveillance and intelligent connectivity platform.
This platform is designed to enable real-time video analytics and AI-driven insights for enterprise and industrial environments.
The company expects these solutions to position it in the rapidly expanding AI-enabled surveillance and smart-building markets, which are projected to grow from approximately $73.8 billion in 2024 to $147.7 billion by 2030.
The new platform is anticipated to unlock entry into high-growth AI surveillance and smart-building segments and generate new recurring revenue streams.

Jan 6, 2026, 12:00 PM

Press Release

Lantronix Previews Drone Reference Platform

LTRX

Product Launch

New Projects/Investments

Lantronix Inc. previewed its new Drone Reference Platform, a NDAA- and TAA-compliant development platform designed to accelerate Unmanned Aerial Vehicle (UAV) design cycles and reduce integration risk for drone OEMs.
The platform, centered on the Lantronix Open-Q™ 8550 series µSOM (Qualcomm® Dragonwing™ QCS8550 System on Chip), allows OEMs to deploy AI models in real-world flight applications and transition from concept to flight-ready prototype in weeks instead of months.
This move into turnkey drone compute solutions strengthens Lantronix's role as a strategic supplier in defense, intelligence, and commercial UAV markets, with the global drone sector projected to reach $57.8 billion by 2030.

Jan 5, 2026, 12:00 PM

Press Release

Lantronix collaborates with Trillium Engineering to expand in drone and defense markets

LTRX

New Projects/Investments

Revenue Acceleration/Inflection

Lantronix Inc. announced that its NDAA/TAA-compliant Edge AI solution and engineering services have been selected by Trillium Engineering, a leading provider of gimbaled imaging systems for Uncrewed Aircraft Systems (UAS).
This collaboration expands Lantronix's presence in the rapidly growing global drone market, which is projected to reach $57.8 billion by 2030, solidifying its role in defense and intelligence technology innovation.
Lantronix's Open-Q 5165RB System on Module (SOM) powers Trillium's GD-Loc and NyxCore products, enabling advanced on-device AI capabilities such as real-time Edge AI processing and object detection & tracking.
This partnership represents a significant step in Lantronix’s strategy to drive sustainable, high-margin growth through differentiated Edge AI solutions, positioning the company to capture additional recurring revenue opportunities in the drone and defense markets.