ITRON, INC.
ITRON, INC.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 713 | 1,020 | 1,332 | 1,224 | 1,123 | 1,051 | 983 | 921 | 301 | 302 | 255 | 233 | |||||
Receivables Net Current | 393 | 368 | 370 | 340 | 347 | 350 | 339 | 317 | 340 | 304 | 318 | 319 | |||||
Inventory Net | 240 | 243 | 255 | 283 | 282 | 271 | 277 | 292 | 287 | 284 | 276 | 267 | |||||
Other Assets Current | 179 | 191 | 187 | 141 | 151 | 143 | 157 | 160 | 169 | 160 | 161 | 151 | |||||
Assets Current | 1,525 | 1,822 | 2,144 | 1,989 | 1,903 | 1,816 | 1,755 | 1,689 | 1,097 | 1,049 | 1,010 | 970 | |||||
Property Plant And Equipment Net | 122 | 112 | 112 | 116 | 112 | 115 | 120 | 122 | 125 | 129 | 130 | 133 | |||||
Deferred Income Tax Assets Net | 258 | 265 | 260 | 319 | 315 | 310 | 290 | 284 | 250 | 247 | 209 | 214 | |||||
Other Assets Noncurrent | 65 | 63 | 44 | 42 | 44 | 42 | 41 | 39 | 42 | 39 | 35 | 35 | |||||
Operating Lease Right Of Use Asset | 37 | 29 | 33 | 35 | 27 | 29 | 38 | 38 | 41 | 41 | 41 | 45 | |||||
Intangible Assets Net Excluding Goodwill | 277 | 83 | 30 | 34 | 39 | 43 | 48 | 53 | 57 | 46 | 50 | 55 | |||||
Goodwill | 1,695 | 1,345 | 1,088 | 1,088 | 1,063 | 1,052 | 1,074 | 1,060 | 1,064 | 1,053 | 1,036 | 1,047 | |||||
Assets | 3,978 | 3,721 | 3,711 | 3,624 | 3,503 | 3,408 | 3,365 | 3,284 | 2,677 | 2,604 | 2,511 | 2,499 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 173 | 156 | 145 | 123 | 164 | 145 | 153 | 185 | 224 | 200 | 224 | 235 | |||||
Other Liabilities Current | 51 | 59 | 60 | 62 | 50 | 61 | 61 | 57 | 60 | 54 | 55 | 53 | |||||
Employee Related Liabilities Current | 92 | 122 | 110 | 107 | 90 | 137 | 119 | 106 | 94 | 136 | 107 | 100 | |||||
Taxes Payable Current | 22 | 17 | 16 | 14 | 18 | 20 | 14 | 13 | 28 | 9 | 17 | 14 | |||||
Long Term Debt Current | 0 | 460 | 459 | 458 | 458 | 0 | - | - | - | - | - | - | |||||
Standard Product Warranty Accrual Current | 13 | 11 | 13 | 13 | 15 | 14 | 14 | 15 | 16 | 15 | 16 | 18 | |||||
Contract With Customer Liability Current | 223 | 188 | 184 | 196 | 188 | 151 | 161 | 160 | 157 | 124 | 137 | 140 | |||||
Liabilities Current | 574 | 1,012 | 987 | 973 | 983 | 528 | 521 | 535 | 578 | 537 | 556 | 560 | |||||
Long Term Debt Noncurrent | 1,574 | 789 | 788 | 787 | 786 | 1,242 | 1,241 | 1,240 | 455 | 455 | 454 | 454 | |||||
Standard Product Warranty Accrual Noncurrent | 7 | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 8 | |||||
Defined Benefit Pension Plan Liabilities Noncurren… | 60 | 62 | 66 | 66 | 61 | 60 | 65 | 62 | 63 | 64 | 58 | 60 | |||||
Deferred Income Tax Liabilities Net | 10 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Operating Lease Liability Noncurrent | 28 | 20 | 23 | 27 | 22 | 25 | 29 | 28 | 32 | 33 | 33 | 36 | |||||
Other Liabilities Noncurrent | 96 | 92 | 125 | 128 | 133 | 132 | 132 | 149 | 155 | 176 | 144 | 152 | |||||
Liabilities | 2,349 | 1,983 | 1,997 | 1,989 | 1,994 | 1,996 | 1,997 | 2,023 | 1,291 | 1,273 | 1,254 | 1,270 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 1,511 | 1,661 | 1,746 | 1,729 | 1,709 | 1,690 | 1,674 | 1,663 | 1,834 | 1,821 | 1,811 | 1,804 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -69 | -57 | -63 | -60 | -96 | -110 | -78 | -98 | -92 | -81 | -101 | -86 | |||||
Retained Earnings Accumulated Deficit | 165 | 112 | 10 | -55 | -124 | -189 | -247 | -325 | -377 | -428 | -473 | -513 | |||||
Stockholders Equity | 1,629 | 1,717 | 1,713 | 1,634 | 1,509 | 1,391 | 1,348 | 1,261 | 1,365 | 1,311 | 1,258 | 1,229 | |||||
Minority Interest | 22 | 22 | 20 | 21 | 21 | 21 | 20 | 21 | 21 | 21 | 20 | 24 | |||||
Liabilities And Stockholders Equity | 3,978 | 3,721 | 3,711 | 3,624 | 3,503 | 3,408 | 3,365 | 3,284 | 2,677 | 2,604 | 2,511 | 2,499 | |||||
Preferred Stock No Par Value | - | - | - | 0 | 0 | - | 0 | 0 | 0 | - | 0 | 0 | |||||
Preferred Stock Shares Authorized | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Number Of Sh… | |||||||||||||||||
Common Stock Shares Authorized | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | |||||
Preferred Stock Number Of… | |||||||||||||||||
Common Stock Shares Issued | 44 | 45 | 46 | 46 | 46 | 45 | 45 | 45 | 46 | 46 | 45 | 45 | |||||
Shares Outstanding | 44 | 45 | 46 | 46 | 46 | 45 | 45 | 45 | 46 | 46 | 45 | 45 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.57% | -7.11% | -1.16% | - | - | - | - | - | - | - | - | - |
| 2025 | 4.24% | 18.28% | 26.23% | 1.84% | -3.14% | 5.45% | -12.20% | -11.70% | -8.21% | -6.67% | -2.32% | -15.10% |
| 2024 | 9.74% | -0.70% | 1.83% | -5.67% | -0.80% | -3.61% | 6.42% | -2.45% | -5.73% | 3.88% | 1.42% | 12.78% |
| 2023 | -0.87% | 3.86% | 14.86% | -11.98% | -21.75% | -25.14% | 3.82% | 17.32% | 18.39% | -2.22% | -1.95% | 19.23% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.66 | 1.80 | 2.17 | 2.04 | 1.93 | 3.44 | 3.36 | 3.16 | 1.90 | 1.95 | 1.82 | 1.73 | |||||
| Quick Ratio | 2.24 | 1.56 | 1.91 | 1.75 | 1.65 | 2.92 | 2.83 | 2.61 | 1.40 | 1.43 | 1.32 | 1.26 | |||||
| Working Capital | 951.06M | 810.09M | 1.16B | 1.02B | 919.11M | 1.29B | 1.23B | 1.15B | 518.78M | 512.20M | 453.82M | 410.07M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.44 | 1.14 | 1.17 | 1.22 | 1.32 | 1.41 | 1.48 | 1.60 | 0.95 | 0.96 | 1.00 | 1.03 | |||||
| Interest Coverage TTM | 13.43 | 13.94 | 11.31 | 11.03 | 12.14 | 13.78 | 21.50 | 27.25 | 24.69 | 15.44 | 11.12 | 5.86 | |||||
| Debt Ratio | 0.59 | 0.53 | 0.54 | 0.55 | 0.57 | 0.59 | 0.59 | 0.62 | 0.48 | 0.49 | 0.50 | 0.51 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.63 | 0.66 | 0.68 | 0.71 | 0.79 | 0.81 | 0.82 | 0.81 | 0.89 | 0.87 | 0.85 | 0.80 | |||||
| Days Sales Outstanding TTM | 57.52 | 55.38 | 53.67 | 49.10 | 51.25 | 48.92 | 49.84 | 49.35 | 51.59 | 49.05 | 51.71 | 54.87 | |||||
| Receivables Turnover TTM | 6.35 | 6.59 | 6.80 | 7.43 | 7.12 | 7.46 | 7.32 | 7.40 | 7.07 | 7.44 | 7.06 | 6.65 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 6.36 | 6.50 | 5.54 | 5.85 | 5.52 | 5.22 | 4.93 | 4.03 | 3.46 | 2.11 | 1.65 | 0.87 | |||||
| Free Cash Flow Per Share TTM | 8.82 | 8.42 | 7.47 | 6.29 | 5.31 | 4.58 | 3.93 | 3.20 | 3.02 | 2.16 | 0.90 | 0.51 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 38.82% | 37.69% | 36.30% | 35.39% | 34.82% | 34.39% | 34.17% | 34.01% | 33.43% | 32.84% | 31.90% | 30.73% | |||||
| Operating Profit Margin TTM | 12.97% | 13.23% | 12.34% | 11.85% | 11.35% | 10.82% | 10.42% | 9.85% | 8.85% | 5.93% | 4.46% | 2.29% | |||||
| Net Profit Margin TTM | 12.32% | 12.72% | 10.74% | 11.11% | 10.42% | 9.88% | 9.39% | 7.97% | 7.03% | 4.46% | 3.67% | 2.07% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -3.99% | -3.02% | 0.14% | 3.90% | 7.10% | 12.29% | 16.53% | 22.16% | 25.77% | 21.06% | 13.80% | 2.35% | |||||
| Net Income Growth (1Y) | 13.48% | 24.85% | 14.49% | 44.84% | 58.72% | 148.78% | 198.55% | 370.84% | -820.29% | -1,115.22% | -184.86% | -141.66% | |||||
| EPS Growth (1Y) | 15.02% | 24.51% | 12.58% | 45.20% | 59.81% | 149.07% | 201.74% | 367.64% | -814.44% | -1,108.07% | -184.26% | -141.32% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 13.87 | 14.03 | 22.03 | 22.14 | 18.64 | 20.43 | 21.27 | 24.17 | 26.31 | 35.39 | 36.40 | 82.35 | |||||
| P/B TTM | 2.46 | 2.43 | 3.33 | 3.68 | 3.15 | 3.49 | 3.56 | 3.59 | 3.09 | 2.58 | 2.19 | 2.67 | |||||
| P/S TTM | 1.71 | 1.78 | 2.37 | 2.46 | 1.94 | 2.02 | 2.00 | 1.93 | 1.85 | 1.58 | 1.33 | 1.70 | |||||
| Market Cap | 4.01B | 4.22B | 5.70B | 6.01B | 4.75B | 4.93B | 4.80B | 4.53B | 4.22B | 3.43B | 2.75B | 3.28B | |||||
| Enterprise Value | 4.87B | 4.45B | 5.61B | 6.03B | 4.87B | 5.12B | 5.06B | 4.85B | 4.38B | 3.58B | 2.95B | 3.50B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 394.56M | 383.06M | 341.72M | 286.99M | 240.93M | 207.61M | 176.76M | 146.37M | 137.72M | 98.09M | 40.88M | 23.25M | |||||
| Net Debt | 860.99M | 227.93M | -85.11M | 21.10M | 120.62M | 191.19M | 258.44M | 319.13M | 154.79M | 152.78M | 199.48M | 220.88M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
ITRON, INC. (ITRI) — SEC Financial Statements & Analysis
ITRON, INC. (ITRI) is a instruments for meas & testing of electricity & elec signals company, incorporated in WA. ITRON, INC. trades on Nasdaq as: ITRI. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), ITRON, INC. reported a -3.99% year-over-year revenue growth, a Gross Profit Margin of 38.82% (TTM), a Debt-to-Equity ratio of 1.44x, a Price-to-Sales (P/S) ratio of 1.71x (TTM), a Price-to-Book (P/B) ratio of 2.46 (TTM), at a market cap of $4.01B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -3.99%
- Gross Profit Margin TTM
- 38.82%
- Debt To Equity
- 1.44x
- P/S TTM
- 1.71x
- P/B TTM
- 2.46
- Market Cap
- $4.01B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is ITRON, INC. in?
ITRON, INC. (ITRI) operates in the Instruments For Meas & Testing of Electricity & Elec Signals industry.
What is ITRI's market cap?
ITRON, INC. (ITRI) has a market capitalization of $4.01B as of 2026-03-31.
What is ITRI's P/E ratio?
ITRON, INC. (ITRI)'s trailing twelve month P/E ratio is 13.87x as of 2026-03-31.
What exchange does ITRI trade on?
ITRON, INC. (ITRI) trades on the Nasdaq.
Where is ITRON, INC. incorporated?
ITRON, INC. is incorporated in WA.