Financial insights of ITRI

MyFinsight

For the quarter ending 2025-09-30, ITRI made $581,625K in revenue. $65,613K in net income. Net profit margin of 11.28%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Revenues	581,625	606,761	607,151	615,462
Product	319,238	337,394	-	-
Service	42,842	45,749	-	-
Cost of revenues	362,080	383,143	389,932	405,864
Gross profit	219,545	223,618	217,219	209,598
Sales, general and administrative	83,139	87,615	86,911	79,639
Research and development	50,032	53,810	50,090	51,237
Amortization of intangible assets	4,403	4,543	4,479	4,814
Restructuring	-188	-1,237	553	723
Loss on sale of business	0	0	-79	-698
Total operating expenses	137,762	147,205	141,006	135,665
Interest expense	-	-	-	5,605
Operating income	81,783	76,413	76,213	73,933
Interest income	13,569	12,303	11,710	13,420
Interest expense	5,647	5,648	5,593	-
Other income (expense), net	996	414	-51	677
Total other income (expense)	8,918	7,069	6,066	8,492
Income before income taxes	90,701	83,482	82,279	82,425
Income tax provision	24,478	14,730	16,929	3,515
Net income	66,223	68,752	65,350	78,910
Net income attributable to noncontrolling interests	610	412	-124	951
Net income attributable to itron, inc	65,613	68,340	65,474	77,959

Net income per common share - basic	1.43	1.5	1.44	1.73
Net income per common share - diluted	1.41	1.47	1.42	1.7
Weighted average common shares outstanding - basic	45,746,000	45,633,000	45,338,000	44,982,000
Weighted average common shares outstanding - diluted	46,660,000	46,380,000	46,172,000	45,839,000