LANTRONIX INC
Close on Oct 19, 2026
- Market cap
- $242.86M
- P/E (TTM)
- –
- Dividend yield
- –
About Lantronix
Computer Communications Equipment, SIC 3576
Lantronix, Inc. provides edge computing, secure connectivity, and remote management solutions for intelligent systems across several primary vertical markets, including unmanned aerial systems, critical infrastructure monitoring, and enterprise networks. The company organizes its offerings into three main product lines: Embedded IoT Solutions, IoT System Solutions, and Software and Services. Its portfolio features compute system-on-modules, system-in-packages, cellular gateways, routers, switches, and device management platforms like Percepxion and Nero Global Tracking. Customers include original equipment manufacturers, original design manufacturers, fleet operators, telecommunications carriers, financial institutions, and government or defense entities.
The company operates globally through three geographic regions: the Americas, Europe, Middle East, and Africa (EMEA), and Asia Pacific Japan (APJ). Lantronix distributes products through distributors, value-added resellers, system integrators, direct market resellers, and direct sales. Its contract manufacturing takes place in Thailand, Taiwan, the Philippines, South Korea, and the United States. Lantronix maintains its principal executive offices in Irvine, California.
Summary of the business section of Lantronix's latest annual report, written by StockData.
Company profile
Company
- Legal name
- LANTRONIX INC
- Headquarters
- Irvine, CA
- Address
- 48 Discovery, Suite 250 92618
- Phone
- (949) 453-3990
- Website
- lantronix.com
- Employees
- 330, Jun 30, 2026
- Industry
- Computer Communications Equipment
- Incorporated in
- Delaware
- Fiscal year ends
- June 30
- Auditor
- Baker Tilly US, LLP, Chicago, Illinois
Stock & identifiers
- Ticker
- LTRX
- Exchange
- Nasdaq
- IPO date
- Aug 4, 2000
- Shares outstanding
- 47M, Aug 20, 2026
- Public float
- $184.66M, Dec 31, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-6 reverse, Dec 21, 2009
- SEC CIK
- 1114925
- CUSIP
- 516548203
- ISIN
- US5165482036
- LEI
- 529900SB1TZLV767KQ31
- EIN
- 33-0362767
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Saleel Awsare | President & CEO, Director | 453,381 |
| Mathi Gurusamy | Chief Product & Strategy Ofcr | 99,233 |
| Kurt W. Hoff | Chief Revenue Officer | 81,030 |
| Brent Michael Stringham | Chief Financial Officer | 128,877 |
| Hoshi Printer | Director | 229,564 |
| James Chris Auker | Director | 18,927 |
| Kevin S. Palatnik | Director | 48,139 |
| Narbeh Derhacobian | Director | 43,139 |
| Sailesh Chittipeddi | Director | 32,291 |
| Philip G. Brace | Director | 88,178 |
| Jason Cohenour | Director | 50,877 |
| Phu Hoang | Director | 29,877 |
| Christa Steele | Director | 21,962 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2026 Saleel Awsare | $2.12M | $5.04M | $1.22M | $140 | – |
| FY2025 Saleel Awsare | $1.44M | $159.00K | $711.41K | $53 | – |
| FY2024 Jeremy Whitaker | $973.22K | $584.66K | $749.49K | $66 | – |
| FY2024 Saleel Awsare | $6.09M | $4.07M | $749.49K | $66 | – |
| FY2023 Jeremy Whitaker | $823.91K | $760.77K | $843.63K | $78 | – |
| FY2023 Paul Pickle | $1.35M | $446.46K | $843.63K | $78 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of August 21, 2026, we had 330 total employees including 327 full-time”
Corporate history
Events identified from SEC filings