Itron Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,347	2,367	2,441	2,174	1,796	1,982
Revenue Growth (YoY)	-3.99%	-3.02%	12.29%	21.06%	-9.39%	-8.82%
Cost of Revenue	1,436	1,475	1,602	1,460	1,273	1,408
Gross Profit	911.22	892.12	839.32	713.91	522.19	573.17
Selling, General & Admin	371.41	352.97	339.07	312.78	290.45	300.52
Depreciation & Amortization Expenses	21.73	18.03	17.83	18.92	25.72	35.8
Research & Development	211.95	207.04	215.03	208.69	185.1	197.24
Other Operating Expenses	1.7	1.01	3.28	44.66	28.36	118.91
Total Operating Expenses	606.79	579.05	575.21	585.04	529.63	652.47
Operating Income	304.43	313.07	264.11	128.87	-7.44	-79.3
Interest Income	42.33	48.38	34.58	9.31	2.63	1.56
Interest Expense	-22.67	-22.45	-15.38	-8.35	-6.72	-28.64
Other Non-Operating Income (Expense)	3.09	3.27	1.22	-2.45	-4.21	-17.43
Total Non-Operating Income (Expense)	22.75	29.2	20.42	-1.48	-8.3	-44.51
Pretax Income	327.18	342.27	284.53	127.39	-15.74	-123.81
Provision for Income Taxes	35.61	38.93	43.41	29.07	-6.2	-45.51
Net Income	289.04	301.06	239.11	96.92	-9.73	-81.26
Minority Interest in Earnings	2.53	2.28	2.02	1.4	0.19	2.96
Net Income to Common	289.04	301.06	239.11	96.92	-9.73	-81.26
Net Income Growth	14.31%	25.91%	146.70%	-	-	-
Shares Outstanding (Basic)	45	45	45	45	45	44
Shares Outstanding (Diluted)	46	46	46	46	45	44
Shares Change (YoY)	0.01%	0.29%	0.77%	1.63%	1.81%	10.06%
EPS (Basic)	6.38	6.62	5.27	2.13	-0.22	-1.83
EPS (Diluted)	6.27	6.50	5.18	2.11	-0.22	-1.83
EPS Growth	14.42%	25.48%	145.50%	-	-	-
Shares Outstanding	44.32	44.93	45.13	45.51	45.19	45.15
Free Cash Flow	394.56	383.06	207.61	98.09	4.75	120.11
Free Cash Flow Growth	3.00%	84.51%	111.66%	1963.69%	-96.04%	89.73%
Free Cash Flow Per Share	8.55	8.27	4.50	2.14	0.11	2.71
Gross Margin	38.82%	37.69%	34.39%	32.84%	29.08%	28.93%
Operating Margin	12.97%	13.23%	10.82%	5.93%	-0.41%	-4.00%
Profit Margin	12.42%	12.81%	9.88%	4.52%	-0.53%	-3.95%
FCF Margin	16.81%	16.18%	8.51%	4.51%	0.26%	6.06%
EBITDA	360.42	362.59	320.39	184.63	59.32	4.85
EBITDA Margin	15.36%	15.32%	13.13%	8.49%	3.30%	0.24%
EBIT	304.43	313.07	264.11	128.87	-7.44	-79.3
EBIT Margin	12.97%	13.23%	10.82%	5.93%	-0.41%	-4.00%
Effective Tax Rate	10.88%	11.37%	15.26%	22.82%	39.36%	36.76%

Updated Apr 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q