Lantronix, Inc.
LTRX Technology Communication Equipment
Lantronix, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $120.9 million, down 1.65% from fiscal 2025. In the quarter to June 2026, revenue grew 8.03%, EPS grew 85.7%, free cash flow grew 89.0% and total debt fell 30.6%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Lantronix, Inc. (LTRX) Piotroski F-score
Lantronix, Inc.'s Piotroski F-score for fiscal 2026 is 6 out of 9: 6 of nine tests of profitability, leverage and efficiency passed, up from 4 in fiscal 2025.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2026 | 6 | 2.00 |
| FY2025 | 4 | (2.00) |
| FY2024 | 6 | 2.00 |
| FY2023 | 4 | 1.00 |
| FY2022 | 3 | (2.00) |
| FY2021 | 5 | 4.00 |
| FY2020 | 1 | (2.00) |
| FY2019 | 3 | (3.00) |
| FY2018 | 6 | 0.00 |
| FY2017 | 6 | — |
How fiscal 2026’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (2.94%) | (8.75%) | Fail | 0 |
| Positive operating cash flow | 9.88m | 7.29m | Pass | 1 |
| Rising return on assets | (2.94%) | (8.75%) | Pass | 1 |
| Cash flow above net income | 14.06m | 18.66m | Pass | 1 |
| Falling long-term leverage | 0.00 | 0.07 | Pass | 1 |
| Rising current ratio | 3.66 | 2.54 | Pass | 1 |
| No new shares issued | 40,145,000 | 38,613,000 | Fail | 0 |
| Rising gross margin | 43.77% | 42.06% | Pass | 1 |
| Rising asset turnover | 0.85 | 0.95 | Fail | 0 |
| Piotroski F-score | Mixed | 6 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| AUDC AudioCodes Ltd. compare | 7 |
| BKTI BK TECHNOLOGIES, INC. compare | 7 |
| CLFD Clearfield, Inc. compare | 7 |
| OCC Optical Cable Corporation compare | 6 |
| LTRX Lantronix, Inc. | 6 |
| SILC Silicom Ltd compare | 6 |
| AVNW Aviat Networks, Inc. compare | 5 |
| ADTN ADTRAN Holdings, Inc. compare | 5 |
| CRNT Ceragon Networks Ltd. compare | 4 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover