Itron, Inc. (ITRI)

Itron Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	2,174	1,796	1,982	2,173	2,502
Revenue Growth (YoY)	21.06%	-9.39%	-8.82%	-13.15%	5.32%
Cost of Revenue	1,460	1,273	1,408	1,571	1,750
Gross Profit	713.91	522.19	573.17	602.17	752.32
Selling, General & Admin	312.78	290.45	300.52	276.92	346.87
Research & Development	208.69	185.1	197.24	194.1	202.2
Other Operating Expenses	62.91	50.57	90.42	81.72	70.56
Operating Expenses	584.37	526.12	588.18	552.75	619.64
Operating Income	129.53	-3.93	-15.01	49.42	132.68
Interest Expense / Income	8.35	6.72	28.64	44	52.45
Other Expense / Income	-4.81	5.27	83.12	63.14	10.61
Pretax Income	125.99	-15.93	-126.77	-57.72	69.62
Income Tax	29.07	-6.2	-45.51	0.24	20.62
Net Income	96.92	-9.73	-81.26	-57.96	49.01
Shares Outstanding (Basic)	45	45	44	40	40
Shares Outstanding (Diluted)	46	45	44	40	40
Shares Change	1.63%	1.81%	10.06%	0.68%	1.88%
EPS (Basic)	2.13	-0.22	-1.83	-1.44	1.24
EPS (Diluted)	2.11	-0.22	-1.83	-1.44	1.23
Free Cash Flow	98.09	4.75	120.11	63.31	112.09
Free Cash Flow Per Share	2.16	0.10	2.71	1.57	2.83
Gross Margin	32.84%	29.08%	28.92%	27.71%	30.06%
Operating Margin	5.96%	-0.22%	-0.76%	2.27%	5.30%
Profit Margin	4.46%	-0.54%	-4.10%	-2.67%	1.96%
Free Cash Flow Margin	4.51%	0.26%	6.06%	2.91%	4.48%
Effective Tax Rate	23.07%	-	-	-	29.61%
EBITDA	206.56	73.82	3.13	101.75	255.43
EBITDA Margin	9.50%	4.11%	0.16%	4.68%	10.21%
Depreciation & Amortization	72.22	83.02	101.26	115.47	133.36
EBIT	134.34	-9.2	-98.13	-13.72	122.08
EBIT Margin	6.18%	-0.51%	-4.95%	-0.63%	4.88%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).