Itron Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,020	1,051	302.05	202.01	162.58
Cash & Short-Term Investments	1,020	1,051	302.05	202.01	162.58
Cash Growth	-2.93%	248.03%	49.52%	24.25%	-21.43%
Receivables	367.79	350.47	303.82	280.44	298.46
Inventory	242.89	270.73	283.69	228.7	165.8
Other Current Assets	191.24	143.46	159.88	118.44	123.09
Total Current Assets	1,822	1,816	1,049	829.58	749.93
Property, Plant & Equipment	141.53	144.39	169.99	192.95	228.71
Goodwill	1,345	1,052	1,053	1,039	1,099
Other Intangible Assets	83.34	43.11	46.28	64.94	92.53
Long-Term Deferred Tax Assets	265.18	310.28	247.21	211.98	181.47
Other Long-Term Assets	63.35	41.83	38.84	39.9	42.18
Total Assets	3,721	3,408	2,604	2,378	2,394
Accounts Payable	156.29	144.93	199.52	237.18	193.13
Accrued Expenses	122.25	137.38	135.8	89.43	113.53
Current Portion of Long-Term Debt	459.52	-	-	-	-
Current Portion of Leases	15.83	14.58	14.98	15.97	16.6
Current Income Taxes Payable	16.62	19.69	8.64	15.32	12.21
Current Unearned Revenue	187.82	150.72	124.21	95.57	82.82
Other Current Liabilities	53.9	60.96	54.09	45.11	83.06
Total Current Liabilities	1,012	528.27	537.24	498.57	501.34
Long-Term Debt	788.81	1,242	454.83	452.53	450.23
Long-Term Leases	19.62	25.35	32.66	44.37	57.31
Pension & Post-Retirement Benefits	62	59.54	63.89	57.84	87.86
Long-Term Deferred Tax Liabilities	0.62	0.57	0.7	0.83	2
Other Long-Term Liabilities	99.24	140.05	183.53	132.38	152.28
Total Liabilities	1,983	1,996	1,273	1,187	1,251
Common Stock	1,661	1,690	1,821	1,788	1,780
Retained Earnings	111.75	-189.3	-428.41	-525.33	-515.6
Comprehensive Income & Other	-56.51	-109.93	-81.19	-94.67	-148.1
Total Common Equity	1,717	1,391	1,311	1,168	1,116
Minority Interest	21.6	20.83	20.52	23.08	26.68
Shareholders' Equity	1,738	1,411	1,331	1,192	1,143
Total Liabilities & Equity	3,721	3,408	2,604	2,378	2,394
Total Debt	1,284	1,282	502.46	512.86	524.14
Net Cash (Debt)	-263.38	-231.12	-200.42	-310.86	-361.57
Net Cash Per Share	-5.69	-5.00	-4.37	-6.89	-8.16
Filing Date Shares Outstanding	44.94	45.18	45.58	45.29	45.01
Total Common Shares Outstanding	44.93	45.13	45.51	45.19	45.15
Working Capital	810.09	1,288	512.2	331.01	248.59
Book Value Per Share	38.21	30.81	28.80	25.86	24.72
Tangible Book Value	288.28	295.36	212.13	64.81	-75.43
Tangible Book Value Per Share	6.42	6.54	4.66	1.43	-1.67
Land	9.65	8.51	7.85	8.57	8.95
Buildings	107.25	115.37	126.04	130.3	131.76
Machinery	433.61	414.06	444.7	426.37	426.04
Construction In Progress	19.23	22.25	24.32	19.4	39.53
Order Backlog	4,501	4,734	4,511	4,523	3,921

Source: S&P Global Market Intelligence. Standard template. Financial Sources.