Itron Income Statement

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
Revenue	2,367	2,441	2,174	1,796	1,982
Revenue Growth (YoY)	-3.02%	12.29%	21.06%	-9.39%	-8.82%
Cost of Revenue	1,475	1,602	1,460	1,273	1,408
Gross Profit	892.12	839.32	713.91	522.19	573.17
Selling, General & Admin	352.97	339.07	312.78	290.45	300.52
Depreciation & Amortization Expenses	18.03	17.83	18.92	25.72	35.8
Research & Development	207.04	215.03	208.69	185.1	197.24
Other Operating Expenses	1.01	3.28	44.66	28.36	118.91
Total Operating Expenses	579.05	575.21	585.04	529.63	652.47
Operating Income	313.07	264.11	128.87	-7.44	-79.3
Interest Income	48.38	34.58	9.31	2.63	1.56
Interest Expense	-22.45	-15.38	-8.35	-6.72	-28.64
Other Non-Operating Income (Expense)	3.27	1.22	-2.45	-4.21	-17.43
Total Non-Operating Income (Expense)	29.2	20.42	-1.48	-8.3	-44.51
Pretax Income	342.27	284.53	127.39	-15.74	-123.81
Provision for Income Taxes	38.93	43.41	29.07	-6.2	-45.51
Net Income	301.06	239.11	96.92	-9.73	-81.26
Minority Interest in Earnings	2.28	2.02	1.4	0.19	2.96
Net Income to Common	301.06	239.11	96.92	-9.73	-81.26
Net Income Growth	25.91%	146.70%	-	-	-
Shares Outstanding (Basic)	45	45	45	45	44
Shares Outstanding (Diluted)	46	46	46	45	44
Shares Change (YoY)	0.29%	0.77%	1.63%	1.81%	10.06%
EPS (Basic)	6.62	5.27	2.13	-0.22	-1.83
EPS (Diluted)	6.50	5.18	2.11	-0.22	-1.83
EPS Growth	25.48%	145.50%	-	-	-
Free Cash Flow	383.06	207.61	98.09	4.75	120.11
Free Cash Flow Growth	84.51%	111.66%	1963.69%	-96.04%	89.73%
Free Cash Flow Per Share	8.27	4.50	2.14	0.11	2.71
Gross Margin	37.69%	34.39%	32.84%	29.08%	28.92%
Operating Margin	13.23%	10.82%	5.93%	-0.41%	-4.00%
Profit Margin	12.81%	9.88%	4.52%	-0.53%	-3.95%
FCF Margin	16.18%	8.51%	4.51%	0.26%	6.06%
EBITDA	362.59	320.39	184.63	59.32	4.85
EBITDA Margin	15.32%	13.13%	8.49%	3.30%	0.24%
EBIT	313.07	264.11	128.87	-7.44	-79.3
EBIT Margin	13.23%	10.82%	5.93%	-0.41%	-4.00%
Effective Tax Rate	11.37%	15.26%	22.82%	39.36%	36.76%

Updated Feb 17, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q