ITRI · Itron, Inc.
Market Cap
$4.27B
Shares
43.79M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$2.37B
-3%
FY2025
Net Income
$301.06M
+25.9%
FY2025
Gross Margin
37.69%
+3.3pp
FY2025
Operating Margin
13.23%
+2.4pp
FY2025
Diluted EPS
$6.50
+25.5%
FY2025
Operating Cash Flow
$405.95M
+70.4%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $2.37B – $2.41B | $2.3B | $2.37BG | $2.44BG | $2.17BG | $1.8BG | $1.98B | $2.17B | $2.5B | $2.38B | $2.02B | $2.01B | $1.88B | $1.95B | $1.94B | $2.18B | $2.43B | $2.26B | $1.69B | $1.91B | |
| — | $1.38B | $1.48B | $1.6B | $1.46B | $1.27B | $1.41B | $1.57B | $1.75B | $1.65B | $1.34B | $1.35B | $1.33B | $1.33B | $1.32B | $1.46B | $1.69B | $1.56B | $1.15B | $1.26B | |
| — | $918.24M | $892.12M | $839.32M | $713.91M | $522.19M | $573.17M | $602.17M | $752.32M | $730.32M | $676.75M | $662.53M | $556.69M | $614.05M | $614.77M | $715.15M | $746.46M | $700.68M | $537.46M | $646.86M | |
| — | — | 37.69% | 34.39% | 32.84% | 29.08% | 28.92% | 27.71% | 30.06% | 30.74% | 33.53% | 32.91% | 29.56% | 31.53% | 31.72% | 32.83% | 30.67% | 31.01% | 31.85% | 33.87% | |
| — | $214.28M | $207.04M | $215.03M | $208.69M | $185.1M | $197.24M | $194.1M | $202.2M | $207.91M | $169.41M | $167.77M | $162.33M | $175.5M | $175.42M | $178.65M | $161.31M | $139.17M | $122.31M | $120.7M | |
| — | $188.28M | — | — | — | — | — | — | — | — | $170.01M | $158.88M | $161.38M | $182.5M | $182.69M | $197.6M | $185.11M | $171.04M | $152.41M | $167.46M | |
| — | $224.92M | — | — | — | — | — | — | — | — | $156.54M | $162.82M | $155.72M | $162.47M | $143.93M | $138.29M | $142.91M | $137.23M | $119.14M | $128.52M | |
| — | $373.52M | $352.97M | $339.07M | $312.78M | $290.45M | $300.52M | $276.92M | $346.87M | $423.21M | $325.26M | $319.57M | — | — | — | — | — | — | — | — | |
| — | $25.66M | $18.03M | $17.83M | $18.92M | $25.72M | $35.8M | $44.71M | $64.29M | $71.71M | $20.79M | $25.11M | $31.67M | $43.62M | $42.02M | $47.81M | $63.39M | $69.05M | $98.57M | $120.36M | |
| — | $62.5M | $49.52M | $56.28M | $55.76M | $66.76M | $84.15M | $97.29M | $114.4M | $122.5M | $63.22M | $68.32M | $75.99M | $98.14M | $99.25M | $109.47M | $129.47M | $131.21M | $155.74M | $173.67M | |
| — | — | $931K | $2.68M | $43.99M | -$13.63M | $54.62M | $37.01M | $6.28M | $77.18M | $6.42M | $49.09M | -$7.26M | $49.48M | $36.35M | $1.67M | $68.08M | $0 | $0 | — | |
| — | $614.16M | $579.05M | $575.21M | $585.04M | $529.63M | $652.47M | $612.56M | $619.64M | $780.01M | $521.87M | $561.54M | $503.84M | $613.57M | $754.63M | $564.02M | $1.21B | $516.48M | $492.43M | $537.04M | |
| — | $304.09M | $313.07M | $264.11M | $128.87M | -$7.44M | -$79.3M | -$10.4M | $132.68M | -$49.69M | $154.88M | $100.99M | $52.85M | $480K | -$139.86M | $151.13M | -$459.18M | $184.2M | $45.03M | $109.82M | |
| — | — | 13.23% | 10.82% | 5.93% | -0.41% | -4% | -0.48% | 5.3% | -2.09% | 7.67% | 5.02% | 2.81% | 0.02% | -7.22% | 6.94% | -18.86% | 8.15% | 2.67% | 5.75% | |
| — | $366.58M | $362.59M | $320.39M | $184.63M | $59.32M | $4.85M | $86.9M | $247.08M | $72.81M | $218.09M | $169.31M | $128.84M | $98.62M | -$40.62M | $260.6M | -$329.72M | $315.4M | $200.76M | $283.5M | |
| — | $22.79M | $22.45M | $15.38M | $8.35M | $6.72M | $28.64M | $44M | $52.45M | $58.2M | $13.85M | $13.52M | $12.29M | $11.6M | $10.69M | $10.12M | $36.79M | $54.9M | $70.31M | $94.18M | |
| — | — | $48.38M | $34.58M | $9.31M | $2.63M | $1.56M | $3M | $1.85M | $2.15M | $2.13M | $865K | $761K | $494K | $1.15M | $952K | $862K | $592K | $1.19M | $5.97M | |
| — | $19.82M | $29.2M | $20.42M | -$1.48M | -$8.3M | -$44.51M | -$46.24M | -$59.65M | -$59.46M | -$20.3M | -$16.37M | -$15.74M | -$18.75M | -$13.54M | -$14.91M | -$42.58M | -$59.75M | -$91.1M | -$91.24M | |
| — | $323.91M | $342.27M | $284.53M | $127.39M | -$15.74M | -$123.81M | -$56.64M | $73.03M | -$109.15M | $134.58M | $84.63M | $37.1M | -$18.27M | -$153.4M | $136.22M | -$505.73M | $120.74M | -$46.07M | $18.58M | |
| — | $47.62M | $38.93M | $43.41M | $29.07M | -$6.2M | -$45.51M | $238K | $20.62M | -$12.57M | $74.33M | $49.57M | $22.1M | $4.04M | -$2.47M | $26M | $4.43M | $15.97M | -$43.83M | -$1.23M | |
| — | $274.1M | $301.06M | $239.11M | $96.92M | -$9.73M | -$81.26M | -$57.96M | $49.01M | -$99.25M | $57.3M | $31.77M | $12.68M | -$23.67M | -$153.15M | $108.28M | -$510.16M | $104.77M | -$2.25M | $19.81M | |
| — | — | 12.72% | 9.8% | 4.46% | -0.54% | -4.1% | -2.67% | 1.96% | -4.18% | 2.84% | 1.58% | 0.67% | -1.22% | -7.9% | 4.97% | -20.96% | 4.64% | -0.13% | 1.04% | |
| — | $2.32M | $2.28M | $2.02M | $1.4M | $185K | $2.96M | $1.08M | $3.41M | $2.67M | $2.95M | $3.28M | $2.33M | $1.37M | $2.22M | $1.95M | $3.96M | $3.7M | -$1.2M | — | |
| — | $259.42M | $354.48M | $210.36M | $110.41M | $43.69M | -$90.83M | $8.19M | $40.64M | -$125.08M | $116.15M | $3.05M | -$52.87M | -$137.43M | -$139.66M | $111.05M | -$512.34M | -$1.33M | $34.79M | -$72.76M | |
| USD/shares | — | $6.09 | $6.62 | $5.27 | $2.13 | -$0.22 | -$1.83 | -$1.44 | $1.24 | -$2.53 | $1.48 | $0.83 | $0.33 | -$0.60 | -$3.90 | $2.73 | -$12.56 | $2.60 | -$0.06 | $0.60 |
| USD/shares | $6.30 – $6.50* | $5.98 | $6.50G | $5.18G | $2.11G | -$0.22 | -$1.83 | -$1.44 | $1.23 | -$2.53 | $1.45 | $0.82 | $0.33 | -$0.60 | -$3.90 | $2.71 | -$12.56 | $2.56 | -$0.06 | $0.57 |
| shares | — | — | 45.49M | 45.37M | 45.42M | 45.1M | 44.3M | 40.25M | 39.56M | 39.24M | 38.66M | 38.21M | 38.22M | 39.18M | 39.28M | 39.63M | 40.61M | 40.34M | 38.54M | 33.1M |
| shares | — | — | 46.32M | 46.19M | 45.84M | 45.1M | 44.3M | 40.25M | 39.98M | 39.24M | 39.39M | 38.64M | 38.51M | 39.18M | 39.28M | 39.93M | 40.61M | 40.95M | 38.54M | 34.95M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2025: $431.79M in buybacks.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
1.96×
Peer median 4.42×
EV/EBIT
14.85×
Peer median 29.12×
P/E (TTM)
16.31×
Peer median 38.26×
EV/Adj. EBITDA (FY2025)
12.08×
Peer median 27.43×
Peer medians compare against the 12 similar-size Scientific & Technical Instruments companies (of 39 listed).
EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.
Valuation over time computed as of each quarter's filing date
EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Networked Solutions Segment | $1,557,321,000 | $1,650,075,000 | $1,450,291,000 | $1,119,268,000 | $1,092,631,000 | $1,249,402,000 | $1,417,254,000 | $1,224,144,000 |
| Device Solutions | $447,081,000 | $476,577,000 | $455,726,000 | $438,710,000 | $645,104,000 | $693,995,000 | $858,881,000 | $933,365,000 |
| Outcomes Segment | $359,743,000 | $314,185,000 | $267,616,000 | $237,586,000 | $243,837,000 | $229,953,000 | $226,335,000 | $218,608,000 |
| Resiliency Solutions | $3,049,000 | — | — | — | — | — | — | — |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| United States and Canada | $1,927,475,000 | $2,007,045,000 | $1,733,680,000 | $1,302,241,000 | $1,273,868,000 | $1,434,577,000 | $1,629,742,000 | $1,442,792,000 |
| EMEA | $318,510,000 | $338,997,000 | $340,854,000 | $391,556,000 | $568,008,000 | $594,264,000 | $663,851,000 | $733,732,000 |
| Asia Pacific | $121,209,000 | $94,795,000 | $99,099,000 | $101,767,000 | $139,696,000 | — | — | — |
| Other Countries | — | — | — | — | — | $144,509,000 | $208,877,000 | $199,593,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Product | $2,008,976,000 | $2,131,379,000 | $1,863,489,000 | $1,500,243,000 | $1,678,195,000 | $1,889,173,000 | $2,220,395,000 | $2,095,458,000 |
| Service | $358,218,000 | $309,458,000 | $310,144,000 | $295,321,000 | $303,377,000 | $284,177,000 | $282,075,000 | $280,659,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Networked Solutions Segment | $472,400,000 | $456,662,000 | $368,921,000 | $248,268,000 | $254,434,000 | $308,099,000 | $397,325,000 | $360,779,000 |
| Device Solutions | $108,717,000 | $93,522,000 | $65,690,000 | $26,703,000 | $57,217,000 | $40,769,000 | $97,753,000 | $130,988,000 |
| Outcomes Segment | $76,992,000 | $51,730,000 | $50,346,000 | $46,247,000 | $50,631,000 | $47,619,000 | $43,803,000 | $16,634,000 |
| Resiliency Solutions | -$109,000 | — | — | — | — | — | — | — |
| Corporate Non Segment | — | — | — | — | — | — | -$406,198,000 | -$558,093,000 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Networked Solutions Segment | 30.3% | 27.7% | 25.4% | 22.2% | 23.3% | 24.7% | 28% | 29.5% |
| Device Solutions | 24.3% | 19.6% | 14.4% | 6.1% | 8.9% | 5.9% | 11.4% | 14% |
| Outcomes Segment | 21.4% | 16.5% | 18.8% | 19.5% | 20.8% | 20.7% | 19.4% | 7.6% |
| Resiliency Solutions | -3.6% | — | — | — | — | — | — | — |
Key facts
CIK
780571
CUSIP
465741106
13F (30d)
329 filings
305 filers
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