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Cohu vs Itron: revenue, profit, margins and growth compared

Cohu brought in $453M of revenue in fiscal 2025, Itron $2.4B in fiscal 2025. Revenue changed by +12.7% at Cohu and -3.0% at Itron on the year before, so Cohu grew faster. Cohu kept -16.4% of its revenue as net profit, Itron 12.7%. Free cash flow was $10.7M at Cohu and $383.1M at Itron.

Side by side, latest fiscal year

COHUITRI
Fiscal year endedFY2025 (December 27, 2025)FY2025 (December 31, 2025)
Revenue$453M$2.4B
Revenue growth+12.7%-3.0%
Net income-$74.3M$301.1M
Net margin-16.4%12.7%
Free cash flow$10.7M$383.1M
Free cash flow margin2.4%16.2%
Earnings per share (diluted)-$1.59$6.50
Cash$227.1M$1B
Debt$305.1M$1.3B
Price to earningsn/a13.8
Market value$3.2B$3.9B
Dividend yieldn/an/a
Rank by revenue in sector#330 of 451 · Industrials#204 of 451 · Industrials

Over the years

Revenue
COHU FY2018: $451.8MCOHU FY2019: $583.3MCOHU FY2020: $636MCOHU FY2021: $887.2MCOHU FY2022: $812.8MCOHU FY2023: $636.3MCOHU FY2024: $401.8MCOHU FY2025: $453MITRI FY2018: $2.4BITRI FY2019: $2.5BITRI FY2020: $2.2BITRI FY2021: $2BITRI FY2022: $1.8BITRI FY2023: $2.2BITRI FY2024: $2.4BITRI FY2025: $2.4BFY18FY19FY20FY21FY22FY23FY24FY25
COHU $453MITRI $2.4B
Net income
COHU FY2018: -$32.2MCOHU FY2019: -$69.7MCOHU FY2020: -$13.8MCOHU FY2021: $167.3MCOHU FY2022: $96.8MCOHU FY2023: $28.2MCOHU FY2024: -$69.8MCOHU FY2025: -$74.3MITRI FY2018: -$99.3MITRI FY2019: $49MITRI FY2020: -$58MITRI FY2021: -$81.3MITRI FY2022: -$9.7MITRI FY2023: $96.9MITRI FY2024: $239.1MITRI FY2025: $301.1MFY18FY19FY20FY21FY22FY23FY24FY25
COHU -$74.3MITRI $301.1M
Net margin
COHU FY2018: -7.1%COHU FY2019: -11.9%COHU FY2020: -2.2%COHU FY2021: 18.9%COHU FY2022: 11.9%COHU FY2023: 4.4%COHU FY2024: -17.4%COHU FY2025: -16.4%ITRI FY2018: -4.2%ITRI FY2019: 2.0%ITRI FY2020: -2.7%ITRI FY2021: -4.1%ITRI FY2022: -0.5%ITRI FY2023: 4.5%ITRI FY2024: 9.8%ITRI FY2025: 12.7%FY18FY19FY20FY21FY22FY23FY24FY25
COHU -16.4%ITRI 12.7%
Revenue growth
COHU FY2019: +29.1%COHU FY2020: +9.0%COHU FY2021: +39.5%COHU FY2022: -8.4%COHU FY2023: -21.7%COHU FY2024: -36.9%COHU FY2025: +12.7%ITRI FY2019: +5.3%ITRI FY2020: -13.2%ITRI FY2021: -8.8%ITRI FY2022: -9.4%ITRI FY2023: +21.1%ITRI FY2024: +12.3%ITRI FY2025: -3.0%FY19FY20FY21FY22FY23FY24FY25
COHU +12.7%ITRI -3.0%
Free cash flow
COHU FY2018: $29.5MCOHU FY2019: -$731KCOHU FY2020: $31.2MCOHU FY2021: $85.9MCOHU FY2022: $98.1MCOHU FY2023: $85.4MCOHU FY2024: -$7.9MCOHU FY2025: $10.7MITRI FY2018: $49.8MITRI FY2019: $112.1MITRI FY2020: $63.3MITRI FY2021: $120.1MITRI FY2022: $4.8MITRI FY2023: $98.1MITRI FY2024: $207.6MITRI FY2025: $383.1MFY18FY19FY20FY21FY22FY23FY24FY25
COHU $10.7MITRI $383.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Cohu and Itron

Which is bigger by revenue, Cohu or Itron?

Itron is bigger by revenue: $2.4B in fiscal 2025, against $453M for Cohu in fiscal 2025.

Which keeps more of its revenue as profit, Cohu or Itron?

Cohu had a net margin of -16.4% in fiscal 2025; Itron had 12.7% in fiscal 2025.

Which grew revenue faster, Cohu or Itron?

In their latest fiscal years revenue changed by +12.7% at Cohu and -3.0% at Itron.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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