Itron, Inc. (ITRI)
NASDAQ: ITRI · Real-Time Price · USD
89.75
-1.77 (-1.93%)
Sep 25, 2026, 4:00 PM EDT - Market closed
Itron Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
| 2,303 | 2,347 | 2,367 | 2,408 | 2,442 | 2,445 | 2,441 | 2,405 | 2,350 | 2,282 | 2,174 | 2,064 | 1,924 | 1,815 | 1,796 | 1,814 | 1,880 | 1,937 | 1,982 | 2,021 | |
Revenue Growth (YoY) | -5.69% | -3.99% | -3.02% | 0.14% | 3.91% | 7.10% | 12.29% | 16.53% | 22.16% | 25.77% | 21.06% | 13.80% | 2.35% | -6.32% | -9.39% | -10.26% | -9.38% | -7.50% | -8.82% | -11.22% |
Cost of Revenue | 1,385 | 1,436 | 1,475 | 1,534 | 1,578 | 1,593 | 1,602 | 1,583 | 1,551 | 1,520 | 1,460 | 1,406 | 1,333 | 1,272 | 1,273 | 1,311 | 1,362 | 1,396 | 1,408 | 1,420 |
Gross Profit | 918.24 | 911.22 | 892.12 | 874.26 | 864.32 | 851.16 | 839.32 | 821.83 | 799.43 | 762.92 | 713.91 | 658.32 | 591.18 | 543.33 | 522.19 | 502.68 | 517.58 | 541.35 | 573.17 | 600.72 |
Selling, General & Admin | 374.31 | 372.23 | 353.78 | 345.62 | 342.08 | 342.26 | 341.3 | 337.52 | 334.42 | 325.64 | 315.16 | 311.84 | 298.72 | 292.55 | 293.52 | 292.8 | 301.13 | 302.92 | 303.25 | 288.03 |
Research & Development | 214.28 | 211.95 | 207.04 | 212.28 | 213.48 | 212.72 | 215.03 | 210.61 | 211.02 | 211.52 | 208.69 | 201.4 | 193.57 | 185.07 | 185.1 | 188.33 | 191.4 | 195.1 | 197.24 | 192.48 |
Amortization of Goodwill & Intangibles | 25.66 | 21.73 | 18.03 | 17.94 | 18.35 | 18.32 | 17.83 | 17.8 | 17.65 | 17.86 | 18.92 | 20.7 | 22.45 | 24.21 | 25.72 | 28.34 | 30.87 | 33.38 | 35.8 | 38.14 |
Operating Expenses | 614.25 | 605.91 | 578.86 | 575.83 | 573.91 | 573.3 | 574.17 | 565.93 | 563.08 | 555.02 | 542.76 | 533.94 | 514.74 | 501.83 | 504.34 | 509.47 | 523.4 | 531.41 | 536.29 | 518.65 |
Operating Income | 303.99 | 305.31 | 313.26 | 298.43 | 290.4 | 277.86 | 265.15 | 255.9 | 236.35 | 207.9 | 171.15 | 124.38 | 76.44 | 41.51 | 17.85 | -6.79 | -5.82 | 9.94 | 36.88 | 82.07 |
Interest Expense | -22.79 | -22.67 | -22.45 | -22.48 | -22.44 | -19.08 | -15.38 | -11.66 | -8.5 | -8.19 | -8.35 | -8.27 | -7.51 | -7.19 | -6.72 | -6.46 | -7.41 | -19.75 | -28.64 | -39.02 |
Interest & Investment Income | 36.28 | 42.33 | 48.38 | 49.77 | 49.62 | 42.44 | 34.58 | 25.74 | 14.96 | 11.34 | 9.31 | 7.23 | 5.39 | 4.23 | 2.63 | 1.6 | 1.15 | 1.23 | 1.56 | 2.16 |
Currency Exchange Gain (Loss) | - | - | - | 1.1 | - | - | - | -3.1 | -3.1 | -3.1 | - | -2.9 | -2.9 | -2.9 | -2.9 | -4.07 | -3.39 | -5.49 | -3.2 | 1.56 |
Other Non Operating Income (Expenses) | 3.87 | 3.91 | 4.09 | 3.69 | 4.44 | 2.96 | 3.46 | 4.4 | 4.34 | 5.01 | -0.07 | 3.6 | 1.9 | 0.88 | 1.76 | 1.71 | 0.77 | 2.5 | -11.5 | -2.56 |
EBT Excluding Unusual Items | 321.35 | 328.88 | 343.28 | 330.51 | 322.02 | 304.18 | 287.81 | 271.29 | 244.05 | 212.96 | 172.04 | 124.04 | 73.32 | 36.53 | 12.62 | -14.01 | -14.71 | -11.56 | -4.9 | 44.21 |
Merger & Restructuring Charges | -0.69 | -1.7 | -0.93 | -4.18 | -3.26 | -1.93 | -2.68 | -6.5 | -6.61 | -7.58 | -43.99 | -34.34 | -33.68 | -29.35 | 13.63 | -44.36 | -47.07 | -50.61 | -54.62 | 5.35 |
Impairment of Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | - | -38.48 | -38.48 | -38.48 | -38.48 | - | - | - |
Gain (Loss) on Sale of Investments | 3.25 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Assets | - | - | -0.08 | -0.02 | -0.72 | -0.65 | -0.6 | -0.65 | 0.01 | -0.67 | -0.67 | -1 | -1.72 | -1.3 | -3.51 | -39.2 | -40.6 | -65.12 | -64.29 | -30.8 |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -10 | - | -11.68 |
Pretax Income | 323.91 | 327.18 | 342.27 | 326.31 | 318.04 | 301.59 | 284.53 | 264.14 | 237.45 | 204.71 | 127.39 | 88.71 | 37.92 | -32.61 | -15.74 | -136.04 | -140.86 | -137.3 | -123.81 | 7.08 |
Income Tax Expense | 47.62 | 35.61 | 38.93 | 67.42 | 46.46 | 46.91 | 43.41 | 36.68 | 48.55 | 42.57 | 29.07 | 13.34 | -1.57 | -10.13 | -6.2 | -46.12 | -45.46 | -46.31 | -45.51 | 5.45 |
Earnings From Continuing Operations | 276.29 | 291.57 | 303.34 | 258.89 | 271.58 | 254.69 | 241.12 | 227.46 | 188.9 | 162.14 | 98.32 | 75.36 | 39.49 | -22.48 | -9.55 | -89.92 | -95.4 | -90.98 | -78.3 | 1.63 |
Minority Interest in Earnings | -2.32 | -2.53 | -2.28 | -1.36 | -1.7 | -1.83 | -2.02 | -2.08 | -1.3 | -1.66 | -1.4 | -0.61 | -0.79 | 0.01 | -0.19 | -0.89 | -1.39 | -1.97 | -2.96 | -2.5 |
Net Income | 273.97 | 289.04 | 301.06 | 257.53 | 269.88 | 252.86 | 239.11 | 225.38 | 187.6 | 160.48 | 96.92 | 74.75 | 38.69 | -22.47 | -9.73 | -90.81 | -96.8 | -92.95 | -81.26 | -0.87 |
Net Income to Common | 273.97 | 289.04 | 301.06 | 257.53 | 269.88 | 252.86 | 239.11 | 225.38 | 187.6 | 160.48 | 96.92 | 74.75 | 38.69 | -22.47 | -9.73 | -90.81 | -96.8 | -92.95 | -81.26 | -0.87 |
Net Income Growth (YoY) | 1.52% | 14.31% | 25.91% | 14.27% | 43.86% | 57.56% | 146.70% | 201.52% | 384.82% | - | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding (Basic) | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 46 | 46 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 44 | 43 |
Shares Outstanding (Diluted) | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 45 | 45 | 45 | 45 | 45 | 45 | 44 | 43 |
Shares Change (YoY) | -0.87% | 0.01% | 0.29% | 0.27% | -0.25% | 0.08% | 0.77% | 1.25% | 1.76% | 2.08% | 1.63% | 1.11% | 0.60% | -0.02% | 1.81% | 4.71% | 7.86% | 11.20% | 10.06% | 7.53% |
EPS (Basic) | 6.09 | 6.37 | 6.62 | 5.67 | 5.96 | 5.58 | 5.27 | 4.96 | 4.11 | 3.53 | 2.13 | 1.65 | 0.85 | -0.50 | -0.22 | -2.01 | -2.14 | -2.06 | -1.83 | -0.02 |
EPS (Diluted) | 6.00 | 6.27 | 6.50 | 5.57 | 5.85 | 5.48 | 5.18 | 4.87 | 4.06 | 3.48 | 2.11 | 1.64 | 0.85 | -0.50 | -0.22 | -2.01 | -2.14 | -2.06 | -1.83 | -0.02 |
EPS Growth (YoY) | 2.45% | 14.34% | 25.48% | 14.42% | 44.31% | 57.54% | 145.50% | 197.28% | 379.23% | - | - | - | - | - | - | - | - | - | - | - |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 385.38 | 394.56 | 383.06 | 341.72 | 286.99 | 240.93 | 207.61 | 176.76 | 146.37 | 137.72 | 98.09 | 40.88 | 23.25 | -2.94 | 4.75 | 29.39 | 29.9 | 83.79 | 120.11 | 142.4 |
Free Cash Flow Per Share | 8.43 | 8.55 | 8.27 | 7.38 | 6.22 | 5.22 | 4.50 | 3.83 | 3.17 | 2.99 | 2.14 | 0.90 | 0.51 | -0.07 | 0.10 | 0.65 | 0.66 | 1.85 | 2.71 | 3.31 |
Gross Margin | 39.87% | 38.82% | 37.69% | 36.30% | 35.39% | 34.82% | 34.39% | 34.17% | 34.01% | 33.42% | 32.84% | 31.90% | 30.73% | 29.94% | 29.08% | 27.71% | 27.53% | 27.94% | 28.93% | 29.72% |
Operating Margin | 13.20% | 13.01% | 13.23% | 12.39% | 11.89% | 11.37% | 10.86% | 10.64% | 10.06% | 9.11% | 7.87% | 6.03% | 3.97% | 2.29% | 0.99% | -0.37% | -0.31% | 0.51% | 1.86% | 4.06% |
Profit Margin | 11.89% | 12.31% | 12.72% | 10.69% | 11.05% | 10.34% | 9.80% | 9.37% | 7.98% | 7.03% | 4.46% | 3.62% | 2.01% | -1.24% | -0.54% | -5.01% | -5.15% | -4.80% | -4.10% | -0.04% |
Free Cash Flow Margin | 16.73% | 16.81% | 16.18% | 14.19% | 11.75% | 9.86% | 8.51% | 7.35% | 6.23% | 6.03% | 4.51% | 1.98% | 1.21% | -0.16% | 0.27% | 1.62% | 1.59% | 4.32% | 6.06% | 7.05% |
EBITDA | 361.42 | 361.3 | 362.78 | 349.95 | 344.6 | 333.46 | 321.43 | 310.63 | 290.01 | 261.94 | 226.91 | 182.54 | 138.32 | 105.89 | 84.61 | 63.73 | 68.67 | 89.12 | 121.03 | 171.31 |
EBITDA Margin | 15.69% | 15.39% | 15.32% | 14.53% | 14.11% | 13.64% | 13.17% | 12.91% | 12.34% | 11.48% | 10.44% | 8.84% | 7.19% | 5.83% | 4.71% | 3.51% | 3.65% | 4.60% | 6.11% | 8.48% |
D&A For EBITDA | 57.43 | 55.99 | 49.52 | 51.52 | 54.2 | 55.6 | 56.28 | 54.73 | 53.66 | 54.04 | 55.76 | 58.16 | 61.88 | 64.39 | 66.76 | 70.51 | 74.49 | 79.18 | 84.15 | 89.24 |
EBIT | 303.99 | 305.31 | 313.26 | 298.43 | 290.4 | 277.86 | 265.15 | 255.9 | 236.35 | 207.9 | 171.15 | 124.38 | 76.44 | 41.51 | 17.85 | -6.79 | -5.82 | 9.94 | 36.88 | 82.07 |
EBIT Margin | 13.20% | 13.01% | 13.23% | 12.39% | 11.89% | 11.37% | 10.86% | 10.64% | 10.06% | 9.11% | 7.87% | 6.03% | 3.97% | 2.29% | 0.99% | -0.37% | -0.31% | 0.51% | 1.86% | 4.06% |
Effective Tax Rate | 14.70% | 10.88% | 11.38% | 20.66% | 14.61% | 15.55% | 15.26% | 13.89% | 20.45% | 20.79% | 22.82% | 15.04% | - | - | - | - | - | - | - | 76.98% |
Revenue as Reported | 2,303 | 2,347 | 2,367 | 2,408 | 2,442 | 2,445 | 2,441 | 2,405 | 2,350 | 2,282 | 2,174 | 2,064 | 1,924 | 1,815 | 1,796 | 1,814 | 1,880 | 1,937 | 1,982 | 2,021 |