Company / R&D Expense
LANTRONIX INC R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$20.3M
FY2025
5-year range
$9.7M / $20.3M
FY2021-FY2025
Trend
+3.3%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has increased for 6 consecutive years, from $8M in FY2019 to $20M in FY2025.
Based on SEC 10-K filings.
$20M in FY2025 with a 5-year CAGR of +17.4%.
Improved from $18M to $20M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +22.2%
- 5-Year CAGR
- +17.4%
- 10-Year CAGR
- -
Key checks
Key Insights
- LANTRONIX INC's r&d expense has grown for 6 consecutive years.
- 5-year CAGR of +17.4%, indicating consistent growth.
- In FY2025, r&d expense increased 3.3% year-over-year.
- Lowest r&d expense in the period was in FY2017.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $20.3M | +3.3% |
| FY2024 | $19.6M | +11.0% |
| FY2023 | $17.7M | +59.2% |
| FY2022 | $11.1M | +14.7% |
| FY2021 | $9.7M | +6.7% |
| FY2020 | $9.1M | +17.1% |
| FY2019 | $7.8M | -2.6% |
| FY2018 | $8.0M | +15.2% |
| FY2017 | $6.9M | -0.2% |
| FY2016 | $6.9M | +2.6% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026