For the year ending 2025-12-31, ITRI had -$30,840K decrease in cash & cash equivalents over the period. $383,061K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 303,335 |
| Depreciation and amortization of intangible assets | 49,517 |
| Non-cash operating lease expense | 11,915 |
| Stock-based compensation | 62,449 |
| Amortization of prepaid debt fees | 7,077 |
| Deferred taxes, net | -64,945 |
| Loss on sale of business | -79 |
| Restructuring, non-cash | -25 |
| Other adjustments, net | 2,237 |
| Accounts receivable | 4,215 |
| Inventories | -32,682 |
| Other current assets | 43,120 |
| Other long-term assets | 13,125 |
| Accounts payable, other current liabilities, and taxes payable | 6,276 |
| Wages and benefits payable | -18,623 |
| Unearned revenue | 28,624 |
| Warranty | -4,436 |
| Restructuring | -22,427 |
| Other operating, net | 52,739 |
| Net cash provided by operating activities | 405,952 |
| Net proceeds (payments) related to the sale of business | 278 |
| Acquisitions of property, plant, and equipment | 22,891 |
| Business acquisitions, net of cash and cash equivalents acquired | 325,044 |
| Other investing, net | 1,995 |
| Net cash used in investing activities | -349,652 |
| Proceeds from borrowings | 0 |
| Issuance of common stock | 7,320 |
| Payments on call spread for convertible offering | 0 |
| Repurchase of common stock | 100,000 |
| Prepaid debt fees | 2,213 |
| Other financing, net | -2,569 |
| Net cash provided by (used in) financing activities | -97,462 |
| Effect of foreign exchange rate changes on cash and cash equivalents | 10,322 |
| (decrease) increase in cash and cash equivalents | -30,840 |
| Cash and cash equivalents at beginning of period | 1,051,237 |
| Cash and cash equivalents at end of period | 1,020,397 |
ITRON, INC. (ITRI)
ITRON, INC. (ITRI)