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Itron, Inc.

NASDAQ•ITRI
CEO: Mr. Thomas L. Deitrich
Sector: Technology
Industry: Hardware, Equipment & Parts
Listing Date: 1993-11-05
Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also offers industrial internet of things solutions. Including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; smart grid and distribution automation; smart street lighting; and leak detection and applications for gas and water systems. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning for managing, organizing, analyzing, and interpreting data to enhance decision making, maximize operational profitability, resource efficiency, grid analytics, and deliver results for consumers, utilities, and smart cities. In addition, it offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. The company offers its products and services under the Itron brand. It serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.
Contact Information
2111 North Molter Road, Liberty Lake, WA, 99019, United States
509-924-9900
na.itron.com
Market Cap
$4.36B
P/E (TTM)
14.8
25.9
Dividend Yield
--
52W High
$142.00
52W Low
$83.51
52W Range
26%
Rank50Top 68.9%
3.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$571.66M+0.00%
4-Quarter Trend

EPS

$2.25+0.00%
4-Quarter Trend

FCF

$111.50M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

GAAP Net Income Surges Net income attributable to Itron grew 26% to $301.1M in 2025, compared to $239.1M last year.
Gross Margin Expansion Noted Total gross margin reached 37.7% in 2025, a 330 basis point improvement driven by favorable product mix.
Adjusted EBITDA Rises Adjusted EBITDA increased 16%, reaching $373.8M for the year ended December 31, 2025.
New Resiliency Segment Resiliency Solutions segment launched in Q4 2025, contributing $3.0M in revenue for the partial period.

Risk Factors

Utility Sales Cycle Risk Lengthy utility sales cycles and irregular capital spending patterns cause significant fluctuation in operating results.
Cost Inflation Pressures Inflation in raw materials, freight, tariffs, and labor costs may not be fully recovered through current backlog pricing.
Debt Covenants Restrict Flexibility Total outstanding indebtedness of $1.3B subjects company to financial ratio compliance and limits financing ability.
Product Complexity Risks Increasing complexity of offerings risks design delays, quality issues, and slower customer adoption rates.

Outlook

AI Resilience Acquisition Completed Urbint acquisition leveraging AI-powered operational resilience solutions within the Resiliency Solutions segment.
Focus on Recurring Revenue Company transitioned reporting focus to Annual Recurring Revenue (ARR) for better insight into subscription streams.
Strong Liquidity Forecast Expect existing cash flows and capital market access sufficient to fund operations and debt obligations long-term.
Locusview Integration Planned Locusview acquisition closed January 2026 to enhance digital construction management for Resiliency Solutions.

Peer Comparison

Revenue (TTM)

ARW stock ticker logoARW
$30.85B
+10.5%
KD stock ticker logoKD
$15.12B
+0.1%
SANM stock ticker logoSANM
$9.31B
+20.8%

Gross Margin (Latest Quarter)

WEX stock ticker logoWEX
54.4%
-2.2pp
CRUS stock ticker logoCRUS
53.1%
+0.3pp
ACIW stock ticker logoACIW
53.0%
-2.6pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
TTMI$13.11B73.510.6%29.1%
LFUS$9.80B-135.3-2.8%23.9%
SANM$9.51B41.09.9%25.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-2.0%
Flat Growth
4Q Net Income CAGR
15.8%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 28, 2026
|
EPS:$1.25
|
Revenue:$572.04M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data