Lantronix (LTRX) Q2 2026

Q3 2026 Q2 2026 Q1 2026 Q4 2025

Earnings

Lantronix posted a mixed but broadly encouraging fiscal second quarter, clearing the bar on profitability while falling just short on the top line. The embedded computing and IoT specialist reported non-GAAP EPS of $0.04, ahead of the $0.03 consensus… Read more Lantronix posted a mixed but broadly encouraging fiscal second quarter, clearing the bar on profitability while falling just short on the top line. The embedded computing and IoT specialist reported non-GAAP EPS of $0.04, ahead of the $0.03 consensus by 45.45%, even as revenue of $29.77 million came in 0.54% below estimates and slipped 4.5% from the year-ago period. The headline revenue softness was largely explained by ongoing headwinds from Gridspertise, the company's EMEA smart grid customer; stripped of that drag, management said the underlying business grew at a double-digit year-over-year pace, fueled by embedded compute programs in aerospace, defense, and drones. Gross margin expanded to 43.6% from 42.6% a year ago, reflecting a richer product mix and tighter cost discipline. The growth narrative centered squarely on unmanned systems, with Lantronix raising its fiscal 2026 drone revenue outlook to $8 million to $12 million and projecting drones could represent 15% to 20% of total revenue by fiscal 2027; analysts responded by lifting price targets following the report. For Q3, the company guided revenue of $28.50 million to $32.50 million with non-GAAP EPS of $0.03 to $0.06.