gross profit bridgeinconsistent2025-06-30
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Revenue
$15.62M
Fiscal year ended 2026-06-30Operating income
-$7.21M
Fiscal year ended 2026-06-30Free cash flow
Unavailable
Fiscal year ended 2026-06-30Latch, Inc. (LTCH) reported revenue of $15.62M and net income of -$6.90M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Latch, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Wholesale-Hardware.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.62M | $15.70M | $17.86M | $17.43M | $19.06M | $15.77M | $16.71M | $14.94M | $12.94M | $12.04M |
| Cost of revenue | Unavailable | $7.48M | $14.40M | $9.71M | $10.86M | $8.30M | $10.18M | $8.87M | $7.01M | $5.58M |
| Gross profit | Unavailable | $8.22M | $3.46M | $7.72M | Unavailable | $7.48M | $6.53M | $6.08M | $5.93M | $6.45M |
| Operating income | -$7.21M | -$5.54M | -$27.79M | -$6.33M | -$7.58M | -$11.02M | -$10.24M | -$17.39M | -$17.80M | -$13.99M |
| Net income | -$6.90M | -$5.94M | -$28.07M | -$6.58M | -$7.85M | -$11.25M | -$9.97M | -$17.06M | -$16.94M | -$13.64M |
| Research & development | $4.06M | $3.79M | $4.49M | $3.76M | $4.45M | $5.63M | $5.30M | $4.88M | $2.94M | $4.20M |
| Weighted-average diluted shares | shares 161.19M | shares 160.66M | Unavailable | shares 160.44M | shares 160.42M | shares 160.27M | Unavailable | shares 156.39M | shares 156.39M | shares 156.39M |
| Pretax income | -$6.90M | -$5.94M | -$28.07M | -$6.58M | -$7.85M | -$11.25M | -$9.97M | -$17.06M | -$16.94M | -$13.64M |
| Income tax expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.00K |
| Diluted EPS | $-0.04 | $-0.04 | Unavailable | $-0.04 | $-0.05 | $-0.07 | Unavailable | $-0.11 | $-0.11 | $-0.09 |
| Selling, general & administrative | $9.80M | $8.96M | $8.99M | $9.01M | $10.01M | $11.35M | $6.93M | $16.78M | $18.98M | $14.35M |
| General & administrative | $5.99M | $4.69M | $5.38M | $5.02M | $5.86M | $7.77M | $3.07M | $12.83M | $16.73M | $11.85M |
| Selling & marketing | $3.81M | $4.27M | $3.60M | $4.00M | $4.15M | $3.58M | $3.86M | $3.95M | $2.25M | $2.50M |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $19.06M | $27.94M | $34.62M | $42.58M | $46.73M | $58.72M | $70.20M | $82.59M | $87.46M | $108.60M |
| Total assets | $93.45M | $99.37M | $106.80M | $141.61M | $154.98M | $174.14M | $196.42M | $213.55M | $230.53M | $263.59M |
| Current assets | $47.82M | $57.66M | $64.94M | $79.61M | $93.44M | $111.64M | $130.15M | $149.84M | $170.96M | $202.83M |
| Total liabilities | $47.68M | $47.11M | $48.79M | $55.73M | $62.72M | $73.97M | $85.24M | $86.15M | $87.92M | $106.00M |
| Current liabilities | $28.41M | $28.08M | $28.25M | $33.40M | $38.47M | $47.75M | $57.19M | $55.49M | $60.24M | $76.39M |
| Total equity incl. NCI | $45.77M | $52.26M | $58.01M | $85.88M | $92.26M | $100.17M | $111.18M | $127.40M | $142.62M | $157.59M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $12.10M | $12.71M | $15.26M | $15.12M | $18.21M | $19.44M | $14.38M | $13.27M | $11.73M | $10.46M |
| Accounts receivable | $7.78M | $5.90M | $7.96M | $7.92M | $11.57M | $12.52M | $9.86M | $10.90M | $12.73M | $7.80M |
| Goodwill | $13.60M | $13.60M | $13.60M | $30.20M | $30.20M | $30.20M | $30.20M | $30.20M | $25.85M | $25.57M |
| Long-term debt | $4.36M | $3.01M | $3.33M | $3.66M | $3.98M | $4.30M | $4.52M | $4.84M | Unavailable | Unavailable |
| Accounts payable | $5.66M | $4.90M | $4.45M | $6.99M | $8.30M | $6.05M | $7.82M | $3.09M | $3.30M | $2.42M |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$3.25M | -$5.14M | -$7.75M | -$4.90M | -$13.11M | -$10.14M | -$13.43M | -$17.49M | -$13.38M | -$31.10M |
| Capital expenditures | Unavailable | Unavailable | $5.00K | -$3.00K | $77.00K | $0 | $536.00K | $190.00K | $30.00K | $10.00K |
| Investing cash flow | -$200.00K | -$1.40M | $156.00K | $1.05M | $1.41M | -$935.00K | $1.01M | $12.64M | $14.08M | $45.16M |
| Financing cash flow | -$199.00K | -$333.00K | -$334.00K | -$333.00K | -$333.00K | -$223.00K | $0 | $0 | -$22.00M | $0 |
| Net change in cash | -$3.62M | -$6.68M | -$7.96M | -$4.15M | -$11.99M | -$11.49M | -$12.39M | -$4.87M | -$21.14M | $13.92M |
| Stock-based compensation | $517.00K | $154.00K | $183.00K | $167.00K | -$50.00K | $251.00K | -$6.34M | $1.77M | $1.92M | $2.07M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $1.02M | $1.01M | $1.16M | $1.27M | $1.32M | $1.52M | $1.69M | $1.80M | $1.81M | $1.90M |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | -$7.76M | Unavailable | -$13.18M | Unavailable | -$13.97M | -$17.68M | -$13.41M | -$31.11M |
| Gross margin | Unavailable | 52.3% | 19.4% | 44.3% | Unavailable | 47.4% | 39.1% | 40.7% | 45.8% | 53.6% |
| Operating margin | -46.2% | -35.3% | -155.6% | -36.3% | -39.8% | -69.9% | -61.2% | -116.3% | -137.6% | -116.3% |
| FCF margin | Unavailable | Unavailable | -43.4% | Unavailable | -69.2% | Unavailable | -83.6% | -118.3% | -103.7% | -258.5% |
| SBC / revenue | 3.3% | 1.0% | 1.0% | 1.0% | -0.3% | 1.6% | -37.9% | 11.9% | 14.8% | 17.2% |
| Current ratio | 1.68x | 2.05x | 2.30x | 2.38x | 2.43x | 2.34x | 2.28x | 2.70x | 2.84x | 2.66x |
| Revenue YoY growth | -18.1% | -0.5% | 6.9% | 16.6% | 47.3% | 31.1% | 19.7% | 54.5% | 27.1% | 7.9% |
| Net margin | -44.2% | Unavailable | -157.1% | -37.8% | -41.2% | Unavailable | -59.6% | -114.1% | Unavailable | Unavailable |
| R&D / revenue | 26.0% | 24.2% | 25.1% | 21.6% | 23.4% | 35.7% | 31.7% | 32.6% | 22.7% | 34.9% |
| CapEx / revenue | Unavailable | Unavailable | 0.0% | -0.0% | 0.4% | Unavailable | 3.2% | 1.3% | 0.2% | 0.1% |
| Long-term debt / equity | 0.10x | Unavailable | 0.06x | 0.04x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open LTCH in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-10View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-K · Filed 2026-03-31View SEC filing
10-Q · Filed 2026-02-11View SEC filing
10-Q · Filed 2026-01-23View SEC filing
10-Q · Filed 2026-01-13View SEC filing
Reconciliation checks needing review
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