6-K

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 6-K

REPORT OF FOREIGN ISSUER

  PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

  SECURITIES EXCHANGE ACT OF 1934

November 18, 2025

Commission File Number: 001-32618

Ituran Location and Control Ltd.

(Exact name of Registrant as specified in its Charter)

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3 Hashikma Street, Azour 58001, Israel

(Address of Registrant’s principal executive offices)

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Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒             Form 40-F ☐
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (1):
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Yes ☐             No ☒
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (7):
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Yes ☐             No ☒
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Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b)<br> under the Securities Exchange Act of 1934.
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Yes ☐             No ☒
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If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): ☐
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On November 18, 2025, Ituran Location and Control Ltd. issued a press release announcing Q3 2025 earnings results with revenues for Q3 2025 of $92.3 million and net profit on a GAAP-basis of $14.6 million.

The following document is attached hereto and incorporated by reference herein:

Exhibit 99.1 Press release, dated November 18, 2025 titled "Ituran Location & Control Reports Q3 2025 Results"

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

	ITURAN LOCATION & CONTROL LTD.
	(Registrant)
	By:	/s/ Eyal Sheratzky
	Name:	Eyal Sheratzky
	Title:	Co-Chief Executive Officer

Date: November 18, 2025

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Exhibit 99.1

ITURAN PRESENTS THIRD QUARTER 2025 RESULTS

Record revenue of $92.3 million and added 40,000 net new subscribers in the quarter;

AZOUR, Israel – November 18, 2025. Ituran Location and Control Ltd. (NASDAQ: ITRN) today announced its consolidated financial results for the third quarter, ended September 30, 2025.

Highlights of the Third Quarter of 2025

	•	Added 40,000 net subscribers in the quarter.
	•	Revenue of $92.3 million, an 11% increase year-over-year.
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	•	Net income increased to $14.6 million, a 7% increase year-over-year.
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	•	EBITDA totaled $24.6 million, a 6% increase year-over-year.
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	•	The Board declared a quarterly dividend of $10.0 million, or $0.50 per share.
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Management Comment

Eyal Sheratzky, Co-CEO of Ituran said, “The third quarter marked a strong quarter for Ituran, in particular, we showed strong subscription revenue growth. Ituran’s overall subscriber growth is being driven by our long-term efforts and success in bringing customers new value-adding telematics and connected-car products and services, as well as adding additional OEM partners to our growing roster.”

Continued Mr. Sheratzky, “I am excited that during the quarter, following its success in Brazil, we have launched operations for IturanMOB in the United States. IturanMOB is our unique smart-mobility solution enabling remote vehicle access, real-time telematics and efficient fleet management for shared-mobility and rental-fleet application. We believe this creates an additional long term growth engine for Ituran with a large untapped addressable market alongside our core telematics and subscriber-based businesses.”

Concluded Mr. Sheratzky, “In celebration of 20 years as a public company and 30 years as a Company, we look forward to opening the Nasdaq market on November 25 and we thank both the Nasdaq as well as our shareholders for their long-term support of our business.”

Third Quarter 2025 Results

Revenues for the quarter were $92.3 million, an increase of 11% compared with $83.5 million in the third quarter of 2024. 73% of revenues were from location-based service subscription fees and 27% were from product revenues.

Revenues from subscription fees for the quarter were $67.6 million, an increase of 13% year-over-year. The subscriber base grew to 2,588,000 by the end of September 2025, marking a quarterly increase of 40,000 and a year-over-year increase of 219,000.

Product revenues for the quarter were $24.7 million, an increase of 4% year-over-year.

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Gross profit for the quarter was $46.4 million (50.3% of revenues), a 16% increase compared with $40.2 million (48.1% of revenues) in the third quarter of 2024.

Gross margin on subscription revenues was 60.1%, compared to 58.8% last year. Gross margin on product revenues was 23.6%, compared to 21.5% last year. The variance in the product gross margin between quarters reflects changes in the mix of products sold in the quarter.

Operating income for the quarter was $19.6 million (21.3% of revenues), a 7% increase compared with $18.4 million (22.0% of revenues) in the third quarter of 2024.

EBITDA for the quarter was $24.6 million (26.7% of revenues), a 6% increase compared with $23.3 million (27.9% of revenues) in the third quarter of 2024.

Net income for the quarter was $14.6 million (15.9% of revenues), or $0.74 per diluted share, an increase of 7% compared to $13.7 million (16.4% of revenues), or $0.69 per diluted share, in the third quarter of 2024.

Cash flow from operations for the quarter was $21.3 million.

On the balance sheet, as of September 30, 2025, the Company had net cash, including marketable securities, of $93.1 million, compared with $77.3 million at year-end 2024.

Dividend

The Board of Directors declared a dividend of $10.0 million for the quarter. The current dividend takes into account the Company’s continuing strong profitability, ongoing positive cash flow, and strong balance sheet.

Buy Back

During the quarter, Ituran purchased $1.5 million in shares under its Buy Back program. There remains approximately $5.2 million available under the buy-back program.

Conference Call Information

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The Company will be hosting a video conference call via the Zoom platform later today, Tuesday, November 18, 2025 at 9am Eastern Time and 4pm Israel time.

On the call, management will review and discuss the results and will be available to answer investor questions.

To participate in the Zoom call, please register at the following link:

https://us06web.zoom.us/webinar/register/WN_v7fBVdwwT-KnDOQ7OfgoBA

For those unable to listen to the live call, a replay of the call will be available from the day after the call in the investor relations section of Ituran’s website.

Certain statements in this press release are "forward-looking statements" within the meaning of the Securities Act of 1933, as amended.  These forward-looking statements include, but are not limited to, our plans, objectives, expectations and intentions and other statements contained in this report that are not historical facts as well as statements identified by words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates" or words of similar meaning. These statements are based on our current beliefs or expectations and are inherently subject to significant uncertainties and changes in circumstances, many of which are beyond our control. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors, as well as other factors.

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About Ituran

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Ituran is a leader in the emerging mobility technology field, providing value-added location-based services, including a full suite of services for the connected-car. Ituran offers Stolen Vehicle Recovery, fleet management as well as mobile asset location, management & control services for vehicles, cargo and personal security for the retail, insurance, financing industries and car manufacturers. Ituran is the largest OEM telematics provider in Latin America. Its products and applications are used by customers in over 20 countries. Ituran is also the founder of the Tel-Aviv based DRIVE startup incubator to promote the development of smart mobility technology.

Ituran's subscriber base has been growing significantly since the Company's inception to over 2.5 million subscribers using its location-based services with a market leading position in Israel and Latin America. Established in 1995, Ituran has approximately 2,800 employees worldwide, with offices in Israel, Brazil, Argentina, Mexico, Ecuador, Columbia, India, Canada and the United States.

For more information, please visit Ituran’s website, at: www.ituran.com

Company Contact<br><br> <br>Udi Mizrahi<br><br> <br>[email protected]<br><br> <br>Deputy CEO & VP Finance, Ituran<br><br> <br>(Israel) +972 3 557 1348	International Investor Relations<br><br> <br>Ehud Helft<br><br> <br>[email protected]<br><br> <br>EK Global  Investor Relations<br><br> <br>(US) +1 212 378 8040

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ITURAN LOCATION AND CONTROL LTD.

Condensed Consolidated Financial Statements

as of September 30, 2025

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ITURAN LOCATION AND CONTROL LTD.

Condensed Consolidated Financial Statements

as of September 30, 2025

Table of Contents

	Page
Condensed Consolidated Interim Financial Statements:
Condensed Consolidated Balance Sheets	2-3
Condensed Consolidated Statements of Income	4
Condensed Consolidated Statements of Cash Flows	5

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ITURAN LOCATION AND CONTROL LTD.
CONDENSED CONSOLIDATED BALANCE SHEETS
	US dollars
---	---	---	---	---
	September 30,		December 31,
(In thousands)	2025		2024
	(unaudited)
Current assets
Cash and cash equivalents		93,072		77,357
Investments in marketable securities		2		10
Accounts receivable (net of provision for credit loss)		62,059		47,688
Other current assets		49,396		46,067
Inventories		25,672		23,434
		230,201		194,556
Long-term investments and other assets
Investments in affiliated companies		494		519
Investments in other companies		1,833		1,491
Other non-current assets		5,290		5,853
Deferred income taxes		14,828		12,273
Funds in respect of employee rights upon retirement		26,495		21,823
		48,940		41,959
Property and equipment, net		39,970		33,080
Operating lease right-of-use assets, net		8,323		8,947
Intangible assets, net		8,932		9,011
Goodwill		39,690		39,325
Total assets		376,056		326,878

2

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ITURAN LOCATION AND CONTROL LTD.
CONDENSED CONSOLIDATED BALANCE SHEETS (cont.)
	US dollars
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	September 30,		December 31,
(In thousands)	2025		2024
	(unaudited)
Current liabilities
Credit from banking institutions		-		114
Accounts payable		20,380		18,847
Deferred revenues		26,620		22,857
Other current liabilities		55,398		45,904
		102,398		87,722
Long-term liabilities
Deferred income taxes		520		418
Liability for employee rights upon retirement		32,754		27,593
Deferred revenues		14,637		12,231
Operating lease liabilities, non-current		4,852		5,562
Other non-current liabilities		2,385		2,095
		55,148		47,899
Stockholders' equity		211,997		185,227
Non-controlling interests		6,513		6,030
Total equity		218,510		191,257
Total liabilities and equity		376,056		326,878

3

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ITURAN LOCATION AND CONTROL LTD.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
	US dollars
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	Nine months period<br><br> ended September 30,						Three months period<br><br> ended September 30,
(in thousands, except earnings per share)	2025			2024			2025			2024
	(unaudited)						(unaudited)
Revenues:
Telematics services		193,486			180,943			67,550			59,591
Telematics products		72,040			72,431			24,728			23,888
		265,526			253,374			92,278			83,479
Cost of revenues:
Telematics services		79,684			75,320			26,950			24,574
Telematics products		54,477			58,550			18,903			18,748
		134,161			133,870			45,853			43,322
Gross profit		131,365			119,504			46,425			40,157
Research and development expenses		15,654			13,607			5,734			4,490
Selling and marketing expenses		13,491			11,291			4,857			4,019
General and administrative expenses		45,586			41,571			16,217			13,264
Other expenses (income), net		18			(99	)		(9	)		24
Operating income		56,616			53,134			19,626			18,360
Financing income (expenses), net		(1,122	)		165			(340	)		34
Income before income tax		55,494			53,299			19,286			18,394
Income tax expenses		(11,221	)		(11,234	)		(3,892	)		(4,029	)
Share in losses of affiliated companies, net		(31	)		(301	)		(13	)		(179	)
Net income for the period		44,242			41,764			15,381			14,186
Less: net income attributable to non-controlling interest		(1,552	)		(1,948	)		(736	)		(533	)
Net income attributable to the company		42,690			39,816			14,645			13,653
Basic and diluted earnings per share attributable to company's stockholders		2.15			2.00			0.74			0.69
Basic and diluted weighted average number of shares outstanding		19,892			19,894			19,889			19,894

4

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ITURAN LOCATION AND CONTROL LTD.
CONSOLIDATED STATEMENTS OF CASH FLOWS
	US dollars
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	Nine months period<br><br> ended September 30,						Three months period<br><br> ended September 30,
(in thousands)	2025			2024			2025			2024
	(unaudited)						(unaudited)
Cash flows from operating activities
Net income for the period		44,242			41,764			15,381			14,186
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization		14,240			15,586			5,010			4,935
Loss in respect of trading marketable securities and other investments		8			85			-			50
Increase in liability for employee rights upon retirement		2,134			2,245			512			565
Share in losses of affiliated companies, net		31			301			13			179
Deferred income taxes		(891	)		(1,340	)		(504	)		(104	)
Capital loss on sale of property and equipment, net		99			14			10			109
Decrease (increase) in accounts receivable		(8,458	)		(4,792	)		(767	)		1,752
Decrease (increase) in other current and non-current assets		6,203			(5,328	)		1,403			(957	)
Decrease (increase) in inventories		(911	)		2,591			(853	)		1,062
Decrease in accounts payable		(812	)		(2,382	)		(688	)		(4,198	)
Increase (decrease) in deferred revenues		2,315			186			961			(186	)
Increase (decrease) in other current and non-current liabilities		1,028			2,645			865			(158	)
Net cash provided by operating activities		59,228			51,575			21,343			17,235
Cash flows from investment activities
Increase in funds in respect of employee rights upon retirement, net of withdrawals		(2,322	)		(2,337	)		(1,470	)		(822	)
Capital expenditures		(17,169	)		(9,144	)		(5,295	)		(2,835	)
Return from (investments in) affiliated and other companies, net		(49	)		(2	)		61			(59	)
Repayment of (Investment in) long-term deposit		35			(81	)		58			(104	)
Proceeds from sale of property and equipment		564			389			110			96
Net cash used in investment activities		(18,941	)		(11,175	)		(6,536	)		(3,724	)
Cash flows from financing activities
Short term credit from banking institutions		(114	)		(384	)		-			(53	)
Acquisition of company shares		(1,475	)		-			(1,475	)		-
Dividend paid		(27,652	)		(20,291	)		(9,947	)		(7,758	)
Dividend paid to non-controlling interests		(1,677	)		(3,261	)		-			(1,631	)
Net cash used in financing activities		(30,918	)		(23,936	)		(11,442	)		(9,442	)
Effect of exchange rate changes on cash and cash equivalents		6,346			(2,433	)		952			186
Net change in cash and cash equivalents		15,715			14,031			4,337			4,255
Balance of cash and cash equivalents at beginning of period		77,357			53,434			88,735			63,210
Balance of cash and cash equivalents at end of period		93,072			67,465			93,072			67,465

Supplementary information on financing activities not involving cash flows:

In August 2025, the Company declared a dividend in an amount of US$10 million. The dividend was paid in October 2025.

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