Lantronix Revenue, Net Income & 10-K Summary

Company overview

Global provider of Edge AI and Industrial IoT solutions.
Focused on NDAA- and TAA-compliant unmanned systems, critical infrastructure, and resilient enterprise networks.
Offers hardware, software, and services to enable intelligent computing, secure connectivity, and remote management for mission-critical applications.
Sales organized by three geographic regions: Americas; Europe, Middle East & Africa (EMEA); and Asia Pacific Japan (APJ).
Product lines: Embedded IoT Solutions; IoT System Solutions; Software and Services.
Fiscal references: “fiscal 2026” = year ended June 30, 2026; “fiscal 2025” = year ended June 30, 2025.
One operating and reportable segment.

Lantronix targets three vertical markets:

Qualcomm Dragonwing-based SoMs, including Open-Q 8550 micro SoM and a Drone Reference Platform.
Integrated edge compute, sensing, and flight control in NDAA- and TAA-compliant solutions.
Enables concept-to-flight-ready prototypes in weeks.
SoMs designed for industrial drone applications with emphasis on defense and security.
Expanding into counter-UAS capabilities (detection, tracking, identification, mitigation) for contested environments.
Growing adoption in Western drone platforms that require secure, trusted technology stacks.
NDAA/TAA compliance positions the company for government procurement.

Partnered with a Tier-1 U.S. mobile network operator for nationwide backup-power management across more than 50,000 cell sites.
Edge gateways combined with Percepxion cloud software provide remote oversight and automated alerts for outages, tampering, and security threats.
Solutions scale across distributed asset networks to improve uptime, service efficiency, and network resilience.
Acquired Vecima Networks’ Industrial IoT business, including Nero Global Tracking (GPS-based vehicle and asset tracking) for fleet, municipal, and industrial customers.
Post-acquisition: approximately 125,000 asset tags under management, supporting a shift toward higher-margin recurring software and services.

Deployed Out-of-Band (OOB) management solutions for a Tier-1 banking customer to improve network resiliency.
Hardware and software provide secure alternate pathways for critical infrastructure (servers, networks, routers) to support cybersecurity, automation, uptime, and resiliency.

Pursue ongoing product innovation and strategic acquisitions to expand scale, scope, and value.
Focus expansion into critical infrastructure and connected transportation solutions.
Aim to capture larger shares of defense-related procurement through NDAA/TAA-compliant offerings and trusted supply chains.
Expand product offerings and geographic reach to address demand across UAS, critical infrastructure, and enterprise networks.

Compute SoM and System-in-Package (SiP) offerings with wired and wireless connectivity.
Compute modules support AI and machine learning at the edge for real-time processing of video, audio, and sensor data with reduced latency and enhanced security.

Standalone systems providing routing, switching, gateway functions, telematics, and media conversion.
Wired and wireless connectivity with PoE for powering IoT end devices.
Application hosting, protocol and media conversion, and secure access for distributed deployments.
Pre-certified products across multiple regions to reduce OEM certification costs and accelerate time-to-market.

Percepxion SaaS platform: centralized management for OOB and Industrial IoT deployments, enabling remote deployment, monitoring, and automation from a single login.
Reduces on-site staffing needs by enabling centralized management of large deployments.
Post-August 2026 acquisition of Nero Global Tracking adds GPS-based vehicle and asset tracking for fleets, municipalities, and industrial clients, expanding recurring revenue.
Engineering services: turnkey product development or team augmentation for camera tuning and computer vision, machine learning and AI model integration for edge deployments, voice control, AR/VR, and other advanced features.
Extended warranty, support, and maintenance services tied to OOB and other product families to reinforce recurring revenue.

Critical infrastructure program: more than 50,000 cell sites under remote management.
Nero Global Tracking: roughly 125,000 asset tags under management.
Deployed OOB solution for a Tier-1 banking customer.