Stocks Industrials ITRI
NASDAQ · IndustrialsItron, Inc. (ITRI)
Itron, Inc. brought in $2.3B of revenue over the twelve months to September 30, 2026, down 3.6% from a year earlier. Net income was $279.7M, a net margin of 12.1%. Operating cash flow minus capital spending left $383.1M of free cash flow in fiscal 2025. At September 30, 2026 it held $840.3M in cash against $1.6B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 27, 2026.
Key facts about Itron, Inc.
- Net worth
- Itron, Inc. has a market value (market cap) of $4.4B at the latest share price, and shareholders' equity of $1.7B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $2.4B (-3.0% year on year), with net income of $301.1M. Over the 12 months to September 30, 2026: revenue $2.3B, net income $279.7M.
- Cash flow
- In fiscal 2025 operations brought in $406M of cash; after $22.9M of capital spending, free cash flow was $383.1M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 27, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Itron, Inc.'s next report is expected around February 16, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Itron, Inc. does
Itron, Inc. is registered with the SEC under industry code SIC 3825 (Instruments For Meas & Testing of Electricity & Elec Signals). Its shares trade on NASDAQ under the ticker ITRI.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $2.4B | $301.1M | $6.50 | $383.1M |
| 2024 | $2.4B | $239.1M | $5.18 | $207.6M |
| 2023 | $2.2B | $96.9M | $2.11 | $98.1M |
| 2022 | $1.8B | -$9.7M | -$0.22 | $4.8M |
| 2021 | $2B | -$81.3M | -$1.83 | $120.1M |
| 2020 | $2.2B | -$58M | -$1.44 | $63.3M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where ITRI ranks in Industrials
Latest SEC filings
What Itron, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 27, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 3% to $599.3M versus the same quarter last year; diluted EPS $1.61 versus $1.41.
- October 27, 2026
- July 28, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 7.2% to $562.9M versus the same quarter last year; diluted EPS $1.19 versus $1.47.
- July 28, 2026
- May 11, 2026
- May 8, 2026
- May 1, 2026Other event 8-K/A
- April 30, 2026Passive stake (5% or more) SCHEDULE 13G
- April 29, 2026Passive stake (5% or more) SCHEDULE 13G
- April 28, 2026Quarterly report 10-Q · period to March 31, 2026Revenue fell 3.3% to $587M versus the same quarter last year; diluted EPS $1.18 versus $1.42.
What is ITRI worth? A DCF from its reported cash flow
Insider trades
What the people running Itron, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $2.1M worth of shares in the last 90 days and bought none on the open market. Most of the selling (50%) was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 3, 2026 | Wright David MarshallVP, Corp. Controller & CAO | Soldindirect | 410 | $40.5K |
| November 2, 2026 | Wright David MarshallVP, Corp. Controller & CAO | Sold | 100 | $10K |
| November 2, 2026 | Wright David MarshallVP, Corp. Controller & CAO | Soldindirect | 410 | $41K |
| November 2, 2026 | Wright David MarshallVP, Corp. Controller & CAO | Soldindirect | 410 | $40.9K |
| October 29, 2026 | Wright David MarshallVP, Corp. Controller & CAO | Gave as a gift | 1,230 | - |
| October 29, 2026 | Wright David MarshallVP, Corp. Controller & CAO | Gave as a giftindirect | 1,230 | - |
| October 1, 2026 | Drury Scott D.Director | Received as pay | 608 | - |
| October 1, 2026 | Jaehnert Frank MDirector | Received as pay | 608 | - |
Who owns ITRI
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 7.97% | April 29, 2026 |
| Vanguard Capital Management13G, passive | 5.33% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 413 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 7,131,562 | -18,183 |
| Vanguard Portfolio Management LLC | 3,497,943 | -8,724 |
| Vanguard Capital Management LLC | 2,000,004 | -14,116 |
| Impax Asset Management Group plc | 1,926,905 | -266,243 |
| State Street Corp | 1,810,117 | +4,437 |
| Dimensional Fund Advisors LP | 1,768,271 | +232,190 |
| Invesco Ltd. | 1,531,300 | -69,266 |
| Geode Capital Management, LLC | 1,242,308 | +56,202 |
| First Trust Advisors LP | 1,214,181 | +244,953 |
| Amundi | 1,154,999 | +84,698 |
| Soros Fund Management LLC | 1,137,853 | +360,518 |
| Bank of New York Mellon Corp | 1,116,874 | +63,488 |
| Robeco Schweiz AG | 1,053,799 | +102,064 |
| Schroder Investment Management Group | 785,332 | +205,394 |
| Morgan Stanley | 728,586 | -39,505 |
| Assenagon Asset Management S.A. | 673,420 | +544,126 |
| Mackenzie Financial Corp | 619,540 | +285,315 |
| Norges Bank | 618,152 | new |
| Wellington Management Group Llp | 612,609 | +421,585 |
| Charles Schwab Investment Management Inc | 596,769 | +5,849 |
Insiders
15 insiders reported holding 695,147 shares in total, about $69.3M at the last price.
| Holder | Shares |
|---|---|
| Deitrich ThomasPresident & CEO, Director | 367,009 |
| Hooper Joan SSVP & CFO | 118,440 |
| Pulatie-Hahn Laurie AnnSVP, HR | 31,930 |
| Ware Christopher E.SVP, GC & Corp. Secretary | 29,916 |
| Reeves Donald L. IIISVP, Outcomes | 27,662 |
| Jaehnert Frank MDirector | 23,726 |
| Patrick Justin KSVP, Device Solutions | 22,065 |
| Leyden Timothy MDirector | 16,496 |
| Perez SantiagoDirector | 13,127 |
| Marcolini John F.SVP, Networked Solutions | 12,683 |
Questions about ITRI
What does Itron, Inc. do?
Itron, Inc. is a company in the Industrials sector, listed on NASDAQ as ITRI. Its shares trade on NASDAQ under the ticker ITRI.
What is Itron, Inc.'s net worth?
Itron, Inc. has a market value (market cap) of $4.4B at the latest share price, and shareholders' equity of $1.7B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Itron, Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $279.7M on revenue of $2.3B, a net margin of 12.1%.
How much revenue does Itron, Inc. make?
Over the twelve months to September 30, 2026 Itron, Inc. reported revenue of $2.3B. That is 3.6% less than a year earlier.
When did Itron, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 27, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 4, 2026.
When is Itron, Inc.'s next earnings report?
Itron, Inc.'s next report is expected around February 16, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Itron, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.