Filing Flows › Lantronix (LTRX) › Q3 FY26
Lantronix (LTRX) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 7, 2026
Lantronix (LTRX) reported revenue of $30.2M for the third quarter fiscal 2026 (Q3 FY26), +6% from a year earlier and +1% from the quarter before. Operating margin was -3.7%, net loss $1.2M (3.9% of revenue).
Lantronix, Q3 FY26: revenue $30.2M (+6% year over year), operating margin -3.7%, net loss $1.2M, operating cash flow $2.2M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $30.2M | +1% | +6% |
| Operating profit | −$1.1M | — | — |
| Net earnings | −$1.2M | — | — |
| Operating cash flow | $2.2M | -0.5% | -33% |
| Free cash flow | $1.9M | -7% | -38% |
What changed
Revenue was $30.2M in Q3 FY26, up 6% year over year and up 1% from the previous quarter. Embedded IoT Solutions was the largest line at 48% of revenue. Embedded IoT Solutions added $2.6M year over year (up 22%), 157% of the total change. IoT System Solutions declined 10%.
Gross margin was 43.1%, down 0.4 points from Q3 FY25. Operating costs exceeded revenue by $1.1M, an operating margin of -3.7%. Operating expenses fell 12% while revenue rose 6%. The quarter ended with a net loss of $1.2M, narrower than the previous quarter's $1.3M loss.
Operating cash flow was $2.2M (down 33% year over year). Non-cash charges added back $395K of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $1.4M. Capital expenditures of $237K left free cash flow of $1.9M.
Questions
What was Lantronix's revenue in the third quarter fiscal 2026?
Lantronix (LTRX) reported revenue of $30.2M for the third quarter fiscal 2026 (Q3 FY26), +6% from a year earlier and +1% from the quarter before.
Was Lantronix profitable in the third quarter fiscal 2026?
Operating loss was $1.1M (-3.7% of revenue) and net loss $1.2M.
Source: Lantronix 10-Q on SEC EDGAR.