Itron, Inc. (ITRI) — Financial statements
Income statement, balance sheet, and cash flow for Itron, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,367↓3.0% | 2,441↑12.3% | 2,174↑21.1% | 1,796↓9.4% | 1,982 | |
| Cost of Revenue | 1,475↓7.9% | 1,602↑9.7% | 1,460↑14.6% | 1,273↓9.6% | 1,408 | |
| Gross Profit | 892↑6.3% | 839↑17.6% | 714↑36.7% | 522↓8.9% | 573 | |
| Operating Expenses | ||||||
| R&D Expenses | 207↓3.7% | 215↑3.0% | 209↑12.7% | 185↓6.2% | 197 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 353↑3.4% | 341↑8.3% | 315↑7.4% | 294↓3.2% | 303 | |
| Other Expenses | 18↓4.4% | 19↓69.2% | 61↑20.0% | 51↓66.4% | 152 | |
| Operating Expenses | 578↑0.5% | 575↓1.7% | 585↑10.5% | 530↓18.8% | 652 | |
| Total Costs & Expenses | 2,053↓5.7% | 2,177↑6.5% | 2,045↑13.4% | 1,803↓12.5% | 2,061 | |
| Operating Results | ||||||
| Operating Income | 314↑18.9% | 264↑104.9% | 129↑1832.3% | -7↑90.6% | -79 | |
| Depreciation & Amortization | 50↓12.0% | 56↑0.9% | 56↓16.5% | 67↓20.7% | 84 | |
| EBITDA | 414↑28.9% | 321↑41.7% | 227↑168.2% | 85↓30.1% | 121 | |
| EBIT | 365↑37.6% | 265↑54.9% | 171↑858.7% | 18↓51.6% | 37 | |
| Interest & Other Income | ||||||
| Net Interest Income | 26↑35.0% | 19↑1889.4% | 0.97↑123.6% | -4↑84.9% | -27 | |
| Interest Income | 48↑39.9% | 35↑271.2% | 9↑253.7% | 3↑69.1% | 2 | |
| Interest Expense | 22↑46.0% | 15↑84.2% | 8↑24.2% | 7↓76.5% | 29 | |
| Non-Operating Income | -51↓4759.9% | -1↑97.5% | -42↓67.2% | -25↑78.2% | -116 | |
| Other Income / Expenses | 28↑38.0% | 20↑1478.9% | -1↑82.2% | -8↑81.3% | -45 | |
| Income Before Tax | 342↑20.3% | 285↑123.4% | 127↑909.2% | -16↑87.3% | -124 | |
| Income Tax Expense | 39↓10.3% | 43↑49.3% | 29↑569.1% | -6↑86.4% | -46 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 303↑25.8% | 241↑145.2% | 98↑1129.8% | -10↑87.8% | -78 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 301↑25.9% | 239↑146.7% | 97↑1095.9% | -10↑88.0% | -81 | |
| Bottom-Line Net Income | 301↑25.9% | 239↑146.7% | 97↑1095.9% | -10↑88.0% | -81 | |
| EPS (Basic) | 6.62↑25.6% | 5.27↑147.4% | 2.13↑1114.3% | -0.21↑88.1% | -1.77 | |
| EPS (Diluted) | 6.50↑25.5% | 5.18↑145.5% | 2.11↑1104.8% | -0.21↑88.1% | -1.77 | |
| Weighted Average Shares | 45↑0.3% | 45↓0.1% | 45↑0.7% | 45↑1.8% | 44 | |
| Weighted Average Diluted Shares | 46↑0.3% | 46↑0.8% | 46↑1.6% | 45↑1.8% | 44 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.