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Cisco Systems vs Lantronix: revenue, profit, margins and growth compared

Cisco Systems brought in $63.3B of revenue in fiscal 2026, Lantronix $120.9M in fiscal 2026. Revenue changed by +11.8% at Cisco Systems and -1.6% at Lantronix on the year before, so Cisco Systems grew faster. Cisco Systems kept 21.0% of its revenue as net profit, Lantronix -3.5%. Free cash flow was $12.8B at Cisco Systems and $9.3M at Lantronix.

Side by side, latest fiscal year

CSCOLTRX
Fiscal year endedFY2026 (July 25, 2026)FY2026 (June 30, 2026)
Revenue$63.3B$120.9M
Revenue growth+11.8%-1.6%
Net income$13.3B-$4.2M
Net margin21.0%-3.5%
Free cash flow$12.8B$9.3M
Free cash flow margin20.2%7.7%
Earnings per share (diluted)$3.33-$0.10
Cash$7.2B$60.5M
Debt$22.9B$0
Price to earnings32.0n/a
Market value$420.6B$279.3M
Dividend yield1.56%n/a
Rank by revenue in sector#5 of 51 · Telecommunications#40 of 51 · Telecommunications

Over the years

Revenue
CSCO FY2019: $51.9BCSCO FY2020: $49.3BCSCO FY2021: $49.8BCSCO FY2022: $51.6BCSCO FY2023: $57BCSCO FY2024: $53.8BCSCO FY2025: $56.7BCSCO FY2026: $63.3BLTRX FY2019: $46.9MLTRX FY2020: $59.9MLTRX FY2021: $71.5MLTRX FY2022: $129.7MLTRX FY2023: $131.2MLTRX FY2024: $160.3MLTRX FY2025: $122.9MLTRX FY2026: $120.9MFY19FY20FY21FY22FY23FY24FY25FY26
CSCO $63.3BLTRX $120.9M
Net income
CSCO FY2019: $11.6BCSCO FY2020: $11.2BCSCO FY2021: $10.6BCSCO FY2022: $11.8BCSCO FY2023: $12.6BCSCO FY2024: $10.3BCSCO FY2025: $10.2BCSCO FY2026: $13.3BLTRX FY2019: -$408KLTRX FY2020: -$10.7MLTRX FY2021: -$4MLTRX FY2022: -$5.4MLTRX FY2023: -$9MLTRX FY2024: -$4.5MLTRX FY2025: -$11.4MLTRX FY2026: -$4.2MFY19FY20FY21FY22FY23FY24FY25FY26
CSCO $13.3BLTRX -$4.2M
Net margin
CSCO FY2019: 22.4%CSCO FY2020: 22.7%CSCO FY2021: 21.3%CSCO FY2022: 22.9%CSCO FY2023: 22.1%CSCO FY2024: 19.2%CSCO FY2025: 18.0%CSCO FY2026: 21.0%LTRX FY2019: -0.9%LTRX FY2020: -17.9%LTRX FY2021: -5.7%LTRX FY2022: -4.1%LTRX FY2023: -6.8%LTRX FY2024: -2.8%LTRX FY2025: -9.3%LTRX FY2026: -3.5%FY19FY20FY21FY22FY23FY24FY25FY26
CSCO 21.0%LTRX -3.5%
Revenue growth
CSCO FY2020: -5.0%CSCO FY2021: +1.0%CSCO FY2022: +3.5%CSCO FY2023: +10.6%CSCO FY2024: -5.6%CSCO FY2025: +5.3%CSCO FY2026: +11.8%LTRX FY2020: +27.7%LTRX FY2021: +19.4%LTRX FY2022: +81.4%LTRX FY2023: +1.2%LTRX FY2024: +22.2%LTRX FY2025: -23.3%LTRX FY2026: -1.6%FY20FY21FY22FY23FY24FY25FY26
CSCO +11.8%LTRX -1.6%
Free cash flow
CSCO FY2019: $14.9BCSCO FY2020: $14.7BCSCO FY2021: $14.8BCSCO FY2022: $12.7BCSCO FY2023: $19BCSCO FY2024: $10.2BCSCO FY2025: $13.3BCSCO FY2026: $12.8BLTRX FY2019: -$2.6MLTRX FY2020: -$3.1MLTRX FY2021: $3.5MLTRX FY2022: -$11.5MLTRX FY2023: -$2.4MLTRX FY2024: $17.1MLTRX FY2025: $6.8MLTRX FY2026: $9.3MFY19FY20FY21FY22FY23FY24FY25FY26
CSCO $12.8BLTRX $9.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Cisco Systems and Lantronix

Which is bigger by revenue, Cisco Systems or Lantronix?

Cisco Systems is bigger by revenue: $63.3B in fiscal 2026, against $120.9M for Lantronix in fiscal 2026.

Which keeps more of its revenue as profit, Cisco Systems or Lantronix?

Cisco Systems had a net margin of 21.0% in fiscal 2026; Lantronix had -3.5% in fiscal 2026.

Which grew revenue faster, Cisco Systems or Lantronix?

In their latest fiscal years revenue changed by +11.8% at Cisco Systems and -1.6% at Lantronix.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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