ITRI
$83.04-2.04%
Itron Inc.Stock · TechnologyRussell 2000 0.1%Nasdaq Composite 0.009%US Stock Market 0.005%Russell 3000 0.005%
ITRI financial statements
The full income statement, balance sheet, and cash-flow statement for Itron Inc. (ITRI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 45.0M2024-09 45.1M2024-12 45.2M2025-03 45.6M2025-06 45.7M2025-09 45.8M2025-12 44.9M2026-03 44.3M2026-06 43.8M-2.6% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 2.37B-3.0% | 2.44B+12.3% | 2.17B+21.1% | 1.80B-9.4% | 1.98B-8.8% | |
| 892M+6.3% | 839M+17.6% | 714M+36.7% | 522M-8.9% | 573M-4.8% | ||
| Cost of revenue | 1.48B-7.9% | 1.60B+9.7% | 1.46B+14.6% | 1.27B-9.6% | 1.41B-10.4% | |
| 579M+0.7% | 575M-1.7% | 585M+10.5% | 530M-18.8% | 652M+6.5% | ||
| Research & development | 207M-3.7% | 215M+3.0% | 209M+12.7% | 185M-6.2% | 197M+1.6% | |
| Selling, general & administrative | 353M+4.1% | 339M+8.4% | 313M+7.7% | 290M-3.3% | 301M+8.5% | |
| Restructuring | 931K-65.2% | 2.68M-93.9% | 44.0M+422.9% | -13.6M-124.9% | 54.6M+47.6% | |
| Amortization of intangibles | 18.0M+1.2% | 17.8M-5.8% | 18.9M-26.4% | 25.7M-28.2% | 35.8M-19.9% | |
| Provision for credit losses | 713K+481.3% | -187K-55.8% | -120K+53.5% | -258K-105.6% | 4.64M+1650.5% | |
| Operating income | 313M+18.5% | 264M+104.9% | 129M+1832.3% | -7.44M+90.6% | -79.3M-662.9% | |
| Interest expense | 22.5M+46.0% | 15.4M+84.2% | 8.35M+24.2% | 6.72M-76.5% | 28.6M-34.9% | |
| Interest & investment income | 48.4M+39.9% | 34.6M+271.2% | 9.31M+253.7% | 2.63M+69.1% | 1.56M-48.1% | |
| Other non-operating income | 3.27M+167.7% | 1.22M+150.0% | -2.45M+41.9% | -4.21M+75.8% | -17.4M-232.6% | |
| Pre-tax income | 342M+20.3% | 285M+123.4% | 127M+909.2% | -15.7M+87.3% | -124M-118.6% | |
| Income tax | 38.9M-10.3% | 43.4M+49.3% | 29.1M+569.1% | -6.20M+86.4% | -45.5M-19222.7% | |
| 301M+25.9% | 239M+146.7% | 96.9M+1095.9% | -9.73M+88.0% | -81.3M-40.2% | ||
| Net income to non-controlling interest | 2.28M+12.9% | 2.02M+44.7% | 1.40M+654.1% | 185K-93.7% | 2.96M+174.3% | |
| $6.50+25.5% | $5.18+145.5% | $2.11+1059.1% | -$0.22+88.0% | -$1.83-27.1% | ||
| EPS (basic) | $6.62+25.6% | $5.27+147.4% | $2.13+1068.2% | -$0.22+88.0% | -$1.83-27.1% | |
| Weighted-avg shares (basic) | 45.5M+0.3% | 45.4M-0.1% | 45.4M+0.7% | 45.1M+1.8% | 44.3M+10.1% | |
| Weighted-avg shares (diluted) | 46.3M+0.3% | 46.2M+0.8% | 45.8M+1.6% | 45.1M+1.8% | 44.3M+10.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.82B+0.4% | 1.82B+73.0% | 1.05B+26.5% | 830M+10.6% | 750M-19.4% | ||
| Cash & equivalents | 1.02B-2.9% | 1.05B+248.0% | 302M+49.5% | 202M+24.3% | 163M-21.4% | |
| Accounts receivable | 342M+16.0% | 295M+8.2% | 273M+9.3% | 250M-4.3% | 261M-18.0% | |
| Inventory | 243M-10.3% | 271M-4.6% | 284M+24.0% | 229M+37.9% | 166M-9.1% | |
| Other current assets | 191M+33.3% | 143M-10.3% | 160M+35.0% | 118M-3.8% | 123M-28.1% | |
| 3.72B+9.2% | 3.41B+30.8% | 2.60B+9.5% | 2.38B-0.7% | 2.39B-8.2% | ||
| Property, plant & equipment | 112M-2.8% | 115M-10.4% | 129M-8.1% | 140M-14.1% | 163M-21.5% | |
| Operating lease right-of-use | 29.3M+1.3% | 29.0M-29.7% | 41.2M-22.0% | 52.8M-19.4% | 65.5M-14.1% | |
| Goodwill | 1.34B+27.8% | 1.05B-0.0% | 1.05B+1.3% | 1.04B-5.5% | 1.10B-2.9% | |
| Intangible assets | 83.3M+93.3% | 43.1M-6.9% | 46.3M-28.7% | 64.9M-29.8% | 92.5M-30.4% | |
| Deferred tax assets | 265M-14.5% | 310M+25.5% | 247M+16.6% | 212M+16.8% | 181M+138.3% | |
| Other non-current assets | 63.4M+51.5% | 41.8M+7.7% | 38.8M-2.7% | 39.9M-5.4% | 42.2M-18.3% | |
| 1.01B+91.6% | 528M-1.7% | 537M+7.8% | 499M-0.6% | 501M-8.8% | ||
| Accounts payable | 156M+7.8% | 145M-27.4% | 200M-15.9% | 237M+22.8% | 193M-10.4% | |
| Deferred revenue | 188M+24.6% | 151M+21.3% | 124M+30.0% | 95.6M+15.4% | 82.8M-26.7% | |
| Short-term & current debt | 460M | 0.00 | — | — | 0.00-100.0% | |
| Current lease liability | 15.8M+8.5% | 14.6M-2.7% | 15.0M-6.2% | 16.0M-3.8% | 16.6M+2.2% | |
| Other current liabilities | 58.9M-3.9% | 61.2M+12.6% | 54.4M+26.9% | 42.9M-47.2% | 81.3M+11.9% | |
| 1.98B-0.7% | 2.00B+56.8% | 1.27B+7.3% | 1.19B-5.2% | 1.25B-29.2% | ||
| Long-term debt | 789M-36.5% | 1.24B+173.2% | 455M+0.5% | 453M+0.5% | 450M-50.1% | |
| Non-current lease liability | 19.6M-22.6% | 25.4M-22.4% | 32.7M-26.4% | 44.4M-22.6% | 57.3M-14.2% | |
| Operating lease liability (total) | 35.5M-11.2% | 39.9M-16.2% | 47.6M-21.0% | 60.3M-18.4% | 73.9M-11.0% | |
| Deferred tax liabilities | 623K+10.3% | 565K-18.9% | 697K-16.3% | 833K-58.4% | 2.00M+4.1% | |
| Other non-current liabilities | 91.9M-30.5% | 132M-24.9% | 176M+40.9% | 125M-9.9% | 139M+22.7% | |
| 1.72B+23.4% | 1.39B+6.1% | 1.31B+12.2% | 1.17B+4.7% | 1.12B+36.7% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 1.66B-1.7% | 1.69B-7.2% | 1.82B+1.8% | 1.79B+0.5% | 1.78B+28.1% | |
| Retained earnings | 112M+159.0% | -189M+55.8% | -428M+18.4% | -525M-1.9% | -516M-18.7% | |
| Accumulated other comprehensive income | -56.5M+48.6% | -110M-35.4% | -81.2M+14.2% | -94.7M+36.1% | -148M-6.9% | |
| Non-controlling interest | 21.6M+3.7% | 20.8M+1.5% | 20.5M-11.1% | 23.1M-13.5% | 26.7M+12.5% | |
| Total equity incl. non-controlling | 1.74B+23.2% | 1.41B+6.0% | 1.33B+11.7% | 1.19B+4.3% | 1.14B+36.0% | |
| Total liabilities & equity | 3.72B+9.2% | 3.41B+30.8% | 2.60B+9.5% | 2.38B-0.7% | 2.39B-8.2% | |
| Common shares issued | 44.9M-0.4% | 45.1M-0.8% | 45.5M+0.7% | 45.2M+0.1% | 45.2M+11.6% | |
| Common shares outstanding | 44.9M-0.4% | 45.1M-0.8% | 45.5M+0.7% | 45.2M+0.1% | 45.2M+11.6% | |
| Shares outstanding (cover) | 44.9M-0.5% | 45.2M-0.9% | 45.6M+0.6% | 45.3M+0.6% | 45.0M+11.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 406M+70.4% | 238M+90.6% | 125M+410.1% | 24.5M-84.2% | 155M+41.3% | ||
| Depreciation & amortization | 49.5M-12.0% | 56.3M+0.9% | 55.8M-16.5% | 66.8M-20.7% | 84.2M-13.5% | |
| Intangible amortization | 18.0M+1.2% | 17.8M-5.8% | 18.9M-26.4% | 25.7M-28.2% | 35.8M-19.9% | |
| Share-based compensation | 62.4M+42.3% | 43.9M+54.7% | 28.4M+29.6% | 21.9M-7.4% | 23.6M-5.7% | |
| Deferred income taxes | 59.7M+260.6% | -37.2M-5.9% | -35.1M+33.4% | -52.7M+13.6% | -61.0M+8.4% | |
| Change in receivables | 4.21M-91.4% | 49.1M+152.1% | 19.5M+485.0% | -5.06M+91.6% | -60.2M+44.4% | |
| Change in inventory | -32.7M-447.5% | -5.97M-111.5% | 52.1M-23.5% | 68.1M+1730.8% | 3.72M+110.5% | |
| -350M-451.4% | -63.4M-172.1% | -23.3M-157.5% | 40.5M+216.1% | -34.9M+15.0% | ||
| Capital expenditure | 22.9M-25.1% | 30.6M+13.7% | 26.9M+36.1% | 19.7M-43.1% | 34.7M-24.9% | |
| Free cash flow | 383M+84.5% | 208M+111.7% | 98.1M+1963.7% | 4.75M-96.0% | 120M+89.7% | |
| Acquisitions | 325M+853.1% | 34.1M | 0.00+100.0% | -23.0K-100.3% | 8.67M | |
| Other investing activities | 2.00M+334.7% | -850K+80.5% | -4.35M-1.0% | -4.31M+19.1% | -5.33M-31.9% | |
| -97.5M-116.8% | 580M+16621.5% | -3.51M+81.3% | -18.7M+87.7% | -153M-1220.7% | ||
| Long-term debt issued | 0.00-100.0% | 805M | 0.00 | 0.00-100.0% | 460M+15.0% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 946M+128.5% | |
| Common stock issued | 7.32M-12.0% | 8.32M+126.5% | 3.67M+6.4% | 3.45M-32.0% | 5.08M-42.8% | |
| Common stock repurchased | 100M+0.0% | 100M | 0.00-100.0% | 17.0M+111.4% | 8.03M | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | -2.57M+10.8% | -2.88M+38.9% | -4.71M-4.2% | -4.52M-85.0% | -2.44M+49.4% | |
| FX effect on cash | 10.3M+300.5% | -5.15M-372.8% | 1.89M+127.5% | -6.85M-321.1% | -1.63M-1381.1% | |
| Net change in cash | -30.8M-104.1% | 749M+648.9% | 100M+153.7% | 39.4M+188.9% | -44.4M-177.8% | |
| Interest paid | 13.2M+880.2% | 1.34M-26.7% | 1.83M+12.9% | 1.62M-81.9% | 8.98M-81.0% | |
| Income taxes paid | 56.3M-29.8% | 80.2M+47.0% | 54.5M+357.8% | 11.9M+68.5% | 7.07M+163.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 4.17B-14.9% | 4.91B+42.8% | 3.44B+50.1% | 2.29B-25.8% | 3.08B-20.5% | |
| P/E | 13.9×-32.4% | 20.5×-55.4% | 46.0× | — | — | |
| P/S | 1.8×-12.3% | 2.0×+20.8% | 1.7×+31.9% | 1.3×-18.9% | 1.6×-12.8% | |
| P/B | 2.4×-31.1% | 3.5×+27.1% | 2.8×+32.7% | 2.1×-24.3% | 2.8×-41.8% | |
| P/FCF | 10.9×-53.9% | 23.6×-71.9% | 84.0×+7.9% | 77.9×+203.2% | 25.7×-58.1% | |
| Earnings yield | 7.2%+48.0% | 4.9%+124.0% | 2.2% | — | — | |
| FCF yield | 9.2%+116.9% | 4.2%+255.6% | 1.2%-7.3% | 1.3%-67.0% | 3.9%+138.7% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: ITRI’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ITRI filings on SEC EDGAR → Not investment advice.