Financial insights of ITRI

MyFinsight

For the quarter ending 2026-03-31, ITRI made $586,982K in revenue. $53,459K in net income. Net profit margin of 9.11%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenues	586,982	571,657	581,625	606,761
Product	300,209	290,061*	319,238	337,394
Service	50,454	49,861*	42,842	45,749
Total cost of revenues	350,663	339,921	362,080	383,143
Gross profit	236,319	231,736	219,545	223,618
Sales, general and administrative	105,357	95,300	83,139	87,615
Research and development	54,999	53,109	50,032	53,810
Amortization of intangible assets	8,172	4,609	4,403	4,543
Restructuring	-214	1,803	-188	-1,237
Loss on sale of business	0	0	0	0
Total operating expenses	168,742	153,077	137,762	147,205
Operating income	67,577	78,659	81,783	76,413
Interest income	5,660	10,794	13,569	12,303
Interest expense	5,809	5,563	5,647	5,648
Other income (expense), net	-233	1,915	996	414
Total other income (expense)	-382	7,146	8,918	7,069
Consolidated income before income taxes	67,195	85,805	90,701	83,482
Income tax provision	13,609	-17,205	24,478	14,730
Net income	53,586	103,010	66,223	68,752
Net income (loss) attributable to noncontrolling interests	127	1,382	610	412
Net income attributable to itron, inc	53,459	101,628	65,613	68,340

Basic EPS	1.2	2.246	1.43	1.5
Diluted EPS	1.18	2.205	1.41	1.47
Basic Average Shares	44,734,000	45,251,000	45,746,000	45,633,000
Diluted Average Shares	45,470,000	46,080,000	46,660,000	46,380,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.