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Lantronix closes fiscal 2026 with higher revenue, debt-free cash and drone/IoT growth

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Lantronix closed fiscal 2026 with $31.2 million in fourth-quarter revenue, up 8% year over year, and non-GAAP EPS rising 300% to $0.04. The company finished debt-free with $60.5 million in cash and grew unmanned systems revenue to $12.6 million for the year. IoT solutions revenue rose 34% as partnerships, including deals tied to gimbal camera payloads and added onboard processing, helped fuel expansion, with fiscal 2027 guidance calling for unmanned systems at 15% to 20% of revenue.

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