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Latch, Inc. (LTCHW) Stock Fundamental Analysis & AI Rating 2026

LTCHW OTC Wholesale-Hardware DE CIK: 0001826000
Recently Updated • Analysis: Apr 12, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
84% Confidence
AGREEMENT
STRONG SELL
95% Conf
SELL
74% Conf

📊 LTCHW Key Takeaways

Revenue: $70.1M
Net Margin: -76.7%
Free Cash Flow: $-36.0M
Current Ratio: 2.30x
Debt/Equity: 0.08x
EPS: $-0.34
AI Rating: STRONG SELL with 95% confidence
Latch, Inc. (LTCHW) receives a SELL rating with 84% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $70.1M, net profit margin of -76.7%, and return on equity (ROE) of -92.6%, Latch, Inc. demonstrates mixed fundamentals in the Market sector. Below is our complete LTCHW stock analysis for 2026.

Is Latch, Inc. (LTCHW) a Good Investment?

Claude

Latch is burning cash at an unsustainable rate with -$35.9M operating cash flow against just $34.6M in cash reserves, implying less than one year of runway. Despite 23.8% revenue growth, the company loses $0.76 on every revenue dollar with no improvement in losses YoY, indicating fundamental business model dysfunction rather than a typical growth-stage company trajectory.

ChatGPT

Revenue is growing at a mid-20% clip, but the business remains deeply unprofitable with large operating losses and negative free cash flow, while gross margin visibility is unclear (gross profit not reported). Despite decent liquidity and minimal leverage, the current cash burn implies a limited runway absent rapid cost reduction or a clear path to sustainable margins.

Why Buy Latch, Inc. Stock? LTCHW Key Strengths

Claude
  • + Revenue growth of 23.8% YoY demonstrates market demand
  • + Strong balance sheet liquidity with 2.30x current ratio and $34.6M cash
  • + Minimal debt burden at $4.6M with 0.08x debt-to-equity ratio
ChatGPT
  • + Healthy liquidity with low leverage (current ratio 2.3x, D/E 0.08x)
  • + Mid-20% YoY revenue growth (~24%)
  • + Low capex intensity supports potential for opex-driven turnaround

LTCHW Stock Risks: Latch, Inc. Investment Risks

Claude
  • ! Catastrophic cash burn: -$35.9M operating cash flow exhausts $34.6M cash in <1 year at current rate
  • ! Margins severely negative across the board: -75.2% operating margin and -76.7% net margin indicate core business unprofitability
  • ! No profitability inflection visible: net losses flat YoY despite 23.8% revenue growth, suggesting revenue growth is not translating to financial improvement
ChatGPT
  • ! Persistent deep losses and negative FCF (FCF margin -51%)
  • ! Limited cash runway relative to burn; dilution/going-concern risk
  • ! Unclear/possibly weak gross margin profile (gross profit N/A)

Key Metrics to Watch

Claude
  • * Operating cash flow trend (critical - current -$35.9M is unsustainable)
  • * Gross margin expansion (currently N/A but essential to track if disclosed)
  • * Cash runway runway duration based on burn rate
ChatGPT
  • * Gross margin trajectory and COGS mix
  • * Quarterly operating cash burn and months of runway

Latch, Inc. (LTCHW) Financial Metrics & Key Ratios

Revenue
$70.1M
Net Income
$-53.7M
EPS (Diluted)
$-0.34
Free Cash Flow
$-36.0M
Total Assets
$106.8M
Cash Position
$34.6M

💡 AI Analyst Insight

Strong liquidity with a 2.30x current ratio provides a solid financial cushion.

LTCHW Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -75.2%
Net Margin -76.7%
ROE -92.6%
ROA -50.3%
FCF Margin -51.3%

LTCHW vs Market Sector: How Latch, Inc. Compares

How Latch, Inc. compares to Market sector averages

Net Margin
LTCHW -76.7%
vs
Sector Avg 12.0%
LTCHW Sector
ROE
LTCHW -92.6%
vs
Sector Avg 15.0%
LTCHW Sector
Current Ratio
LTCHW 2.3x
vs
Sector Avg 1.8x
LTCHW Sector
Debt/Equity
LTCHW 0.1x
vs
Sector Avg 0.7x
LTCHW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Latch, Inc. Stock Overvalued? LTCHW Valuation Analysis 2026

Based on fundamental analysis, Latch, Inc. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
-92.6%
Sector avg: 15%
Net Profit Margin
-76.7%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.08x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Latch, Inc. Balance Sheet: LTCHW Debt, Cash & Liquidity

Current Ratio
2.30x
Quick Ratio
1.76x
Debt/Equity
0.08x
Debt/Assets
45.7%
Interest Coverage
N/A
Long-term Debt
$4.6M

LTCHW Revenue & Earnings Growth: 5-Year Financial Trend

LTCHW 5-year financial data: Year 2021: Revenue $41.4M, Net Income -$50.2M, EPS $-7.65. Year 2022: Revenue $43.0M, Net Income -$67.4M, EPS $-9.31. Year 2023: Revenue $45.0M, Net Income -$167.1M, EPS $-1.93. Year 2024: Revenue $56.6M, Net Income -$107.5M, EPS $-0.72. Year 2025: Revenue $70.1M, Net Income -$57.6M, EPS $-0.37.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Latch, Inc.'s revenue has grown significantly by 70% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.37 indicates the company is currently unprofitable.

LTCHW Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-51.3%
Free cash flow / Revenue

LTCHW Quarterly Earnings & Performance

Quarterly financial performance data for Latch, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $14.9M -$6.6M $-0.04
Q2 2025 $12.9M -$7.8M $-0.05
Q1 2025 $12.0M -$11.3M $-0.07
Q3 2024 $9.7M -$13.6M $-0.11
Q2 2024 $10.2M -$13.6M $-0.11
Q1 2024 $11.2M -$13.6M $-0.09
Q3 2023 $8.8M -$27.3M $-0.16
Q2 2023 $9.8M -$30.9M $-0.21

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Latch, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$35.9M
Cash generated from operations
Capital Expenditures
$79.0K
Investment in assets
Dividends
None
No dividend program

LTCHW SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Latch, Inc. (CIK: 0001826000)

📋 Recent SEC Filings

Date Form Document Action
Mar 31, 2026 8-K lat-20260331.htm View →
Mar 31, 2026 10-K lat-20251231.htm View →
Feb 11, 2026 8-K lat-20260211.htm View →
Feb 11, 2026 10-Q lat-20250930.htm View →
Jan 23, 2026 8-K lat-20260123.htm View →

Frequently Asked Questions about LTCHW

What is the AI rating for LTCHW?

Latch, Inc. (LTCHW) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 84% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are LTCHW's key strengths?

Claude: Revenue growth of 23.8% YoY demonstrates market demand. Strong balance sheet liquidity with 2.30x current ratio and $34.6M cash. ChatGPT: Healthy liquidity with low leverage (current ratio 2.3x, D/E 0.08x). Mid-20% YoY revenue growth (~24%).

What are the risks of investing in LTCHW?

Claude: Catastrophic cash burn: -$35.9M operating cash flow exhausts $34.6M cash in <1 year at current rate. Margins severely negative across the board: -75.2% operating margin and -76.7% net margin indicate core business unprofitability. ChatGPT: Persistent deep losses and negative FCF (FCF margin -51%). Limited cash runway relative to burn; dilution/going-concern risk.

What is LTCHW's revenue and growth?

Latch, Inc. reported revenue of $70.1M.

Does LTCHW pay dividends?

Latch, Inc. does not currently pay dividends.

Where can I find LTCHW SEC filings?

Official SEC filings for Latch, Inc. (CIK: 0001826000) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is LTCHW's EPS?

Latch, Inc. has a diluted EPS of $-0.34.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is LTCHW a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Latch, Inc. has a SELL rating with 84% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is LTCHW stock overvalued or undervalued?

Valuation metrics for LTCHW: ROE of -92.6% (sector avg: 15%), net margin of -76.7% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy LTCHW stock in 2026?

Our dual AI analysis gives Latch, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is LTCHW's free cash flow?

Latch, Inc.'s operating cash flow is $-35.9M, with capital expenditures of $79.0K. FCF margin is -51.3%.

How does LTCHW compare to other Market stocks?

Vs Default sector averages: Net margin -76.7% (avg: 12%), ROE -92.6% (avg: 15%), current ratio 2.30 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 12, 2026 | Data as of: 2025-12-31 | Powered by Claude AI