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	341.3	315.16	293.52	303.25
Research & Development	207.04	215.03	208.69	185.1	197.24
Amortization of Goodwill & Intangibles	18.03	17.83	18.92	25.72	35.8
Operating Expenses	578.04	574.17	542.76	504.34	536.29
Operating Income	314.08	265.15	171.15	17.85	36.88
Interest Expense	-22.45	-15.38	-8.35	-6.72	-28.64
Interest & Investment Income	48.38	34.58	9.31	2.63	1.56
Currency Exchange Gain (Loss)	-	1.1	-3.1	-2.9	-3.2
Other Non Operating Income (Expenses)	3.27	2.36	3.03	1.76	-11.5
EBT Excluding Unusual Items	343.28	287.81	172.04	12.62	-4.9
Merger & Restructuring Charges	-0.93	-2.68	-43.99	13.63	-54.62
Impairment of Goodwill	-	-	-	-38.48	-
Gain (Loss) on Sale of Assets	-0.08	-0.6	-0.67	-3.51	-64.29
Pretax Income	342.27	284.53	127.39	-15.74	-123.81
Income Tax Expense	38.93	43.41	29.07	-6.2	-45.51
Earnings From Continuing Operations	303.34	241.12	98.32	-9.55	-78.3
Minority Interest in Earnings	-2.28	-2.02	-1.4	-0.19	-2.96
Net Income	301.06	239.11	96.92	-9.73	-81.26
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 Per Share	8.27	4.50	2.14	0.10	2.71
Gross Margin	37.69%	34.39%	32.84%	29.08%	28.93%
Operating Margin	13.27%	10.86%	7.87%	0.99%	1.86%
Profit Margin	12.72%	9.80%	4.46%	-0.54%	-4.10%
Free Cash Flow Margin	16.18%	8.51%	4.51%	0.27%	6.06%
EBITDA	363.6	321.43	226.91	84.61	121.03
EBITDA Margin	15.36%	13.17%	10.44%	4.71%	6.11%
D&A For EBITDA	49.52	56.28	55.76	66.76	84.15
EBIT	314.08	265.15	171.15	17.85	36.88
EBIT Margin	13.27%	10.86%	7.87%	0.99%	1.86%
Effective Tax Rate	11.38%	15.26%	22.82%	-	-
Revenue as Reported	2,367	2,441	2,174	1,796	1,982

Updated Feb 17, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q