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    Itron Inc (ITRI)

    Official site

    TECHNOLOGY • SCIENTIFIC & TECHNICAL INSTRUMENTS • NASDAQ

    $84.77
    +0.35 (+0.41%)

    Market Cap: $3.70B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    92%(36/39)
    Avg Surprise
    +65.11%
    Streak
    16 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.56
    Range$1.53 - $1.60
    8 analysts
    EPS Revisions
    6
    0
    7d
    6
    2
    30d
    EPS Estimate DriftChange to current
    90d ago$1.56+0.2%
    60d ago$1.58-1.4%
    30d ago$1.56-0.1%
    7d ago$1.56-0.1%
    Current$1.56
    Revenue Consensus
    $596M
    Range$593M - $600M
    9 analysts
    Period ending Dec 31, 2026
    EPS Consensus$2.33
    Range$2.29 - $2.41
    9 analysts
    Revenue Consensus
    $654M
    Range$639M - $670M
    9 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$2.33---
    Sep 26EST
    -$1.56---
    Jun 26
    Reported Jul 28
    $1.59$1.30+22.31%Beat-1.9%
    Mar 26
    Reported Apr 28
    $1.49$1.24+20.16%Beat-2.0%
    Dec 25
    Reported Feb 17
    $2.46$2.19+12.33%Beat+82.2%
    Sep 25
    Reported Oct 30
    $1.54$1.48+4.05%Beat-16.3%
    Jun 25
    Reported Jul 31
    $1.62$1.33+21.80%Beat+33.9%
    Mar 25
    Reported May 1
    $1.52$1.32+15.15%Beat+22.6%
    Dec 24
    Reported Feb 25
    $1.35$1.05+29.03%Beat+9.8%
    Sep 24
    Reported Oct 31
    $1.84$1.13+62.83%Beat+87.8%
    Jun 24
    Reported Aug 1
    $1.21$0.96+26.04%Beat+86.2%
    Mar 24
    Reported May 2
    $1.24$0.84+47.62%Beat+153.1%
    Dec 23
    Reported Feb 26
    $1.23$0.75+64.00%Beat+73.2%
    Sep 23
    Reported Nov 2
    $0.98$0.51+92.16%Beat+326.1%
    Jun 23
    Reported Aug 3
    $0.65$0.31+109.68%Beat+828.6%
    Mar 23
    Reported May 4
    $0.49$0.11+345.45%Beat+345.5%
    Dec 22
    Reported Feb 27
    $0.71$0.09+688.89%Beat-5.3%
    Sep 22
    Reported Nov 3
    $0.23$0.22+4.55%Beat+9.5%
    Jun 22
    Reported Aug 4
    $0.07N/A-69.57%Miss-75.0%
    Mar 22
    Reported May 2
    $0.11$0.08+37.50%Beat-78.8%
    Dec 21
    Reported Feb 28
    $0.75$0.19+294.74%Beat+15.4%
    Sep 21
    Reported Nov 4
    $0.21$0.18+16.67%Beat-65.6%
    Jun 21
    Reported Aug 5
    $0.28$0.48-41.67%Miss+833.3%
    Mar 21
    Reported May 3
    $0.52$0.42+23.81%Beat-8.8%
    Dec 20
    Reported Feb 24
    $0.65$0.30+116.67%Beat-9.7%
    Sep 20
    Reported Nov 2
    $0.61$0.25+144.00%Beat-41.3%
    Jun 20
    Reported Aug 3
    $0.03N/A+115.00%Beat-96.6%
    Mar 20
    Reported May 4
    $0.57$0.56+1.79%Beat-18.6%
    Dec 19
    Reported Feb 24
    $0.72$0.55+30.91%Beat-18.2%
    Sep 19
    Reported Nov 4
    $1.04$0.66+57.58%Beat-8.0%
    Jun 19
    Reported Aug 5
    $0.87$0.46+89.13%Beat+70.6%
    Mar 19
    Reported May 6
    $0.70$0.44+59.09%Beat+438.5%
    Dec 18
    Reported Feb 27
    $0.88$0.68+29.41%Beat-12.9%
    Sep 18
    Reported Nov 5
    $1.13$0.88+28.41%Beat+46.8%
    Jun 18
    Reported Aug 6
    $0.51$0.49+4.08%Beat-28.2%
    Mar 18
    Reported May 14
    $0.13$0.13+0.00%Beat-77.2%
    Dec 17
    Reported Feb 28
    $1.01$0.93+8.60%Beat+48.5%
    Sep 17
    Reported Nov 1
    $0.77$0.89-13.48%Miss-
    Jun 17
    Reported Aug 2
    $0.71$0.68+4.41%Beat-
    Mar 17
    Reported May 3
    $0.57$0.48+18.75%Beat-
    Dec 16
    Reported Feb 28
    $0.68$0.58+17.24%Beat-

    Key Metrics

    Valuation
    P/E Ratio11.97EV/EBITDA12.08x
    Price/FCF9.70xFCF Yield10.31%
    Profitability
    Profit Margin11.90%Operating Margin13.50%
    ROE16.90%ROIC8.23%
    Financial Health
    Debt/Equity0.99xInterest Coverage13.62x
    Current Ratio2.75xQuick Ratio2.29x
    Trading Statistics
    Beta1.32Avg Volume631.68K
    52-Week High$142.0052-Week Low$77.77

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$85.95
    SMA 20$87.84
    SMA 50$93.80
    SMA 200$91.35
    EMA 10$86.01
    EMA 20$87.76
    EMA 50$90.44
    EMA 200$93.68

    MACD

    Line: -2.31Signal: -2.29Hist: -0.02

    ADX

    ADX: 22.6+DI: 13.8-DI: 27.6

    Aroon & PSAR

    Aroon Up4.0
    Aroon Down96.0
    PSAR$86.71

    Bollinger Bands

    Upper Band$93.38
    Lower Band$82.30
    %B Position1261%(Upper)
    Band Width0.22

    RSI (14-Day)

    Neutral
    36.1

    Momentum Oscillators

    Stoch %K23.7
    Stoch %D23.9
    Williams %R-73.9
    ROC (10d)-1.7%
    Momentum-1.47
    CCI (20d)-104.7
    MFI (14d)36.3

    Volatility Measures

    ATR (14d)$2.46(2.9%)
    StdDev (20d)2.77
    Hist Vol24.1%(Moderate)

    Volume Flow

    VWAP$84.29
    OBV4.8M
    AD Line-14.8M
    CMF (20d)-0.039

    Volume Metrics

    Avg Vol (20d)656.1K
    Vol Ratio0.9x
    VWMA (20d)$88.30

    Pivot Points

    R3$88.60
    R2$87.21
    R1$85.82
    Pivot Point$84.43
    S1$83.04
    S2$81.65
    S3$80.26

    Advanced Oscillators

    TSI-29.53
    Ultimate Osc50.2
    KST-91.78

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$562.90M$586.98M$571.66M$581.63M$606.76M$607.15M$612.86M$615.46M$609.07M$603.44M$577.17M$560.77M
    Cost of Revenue$332.26M$350.66M$339.92M$362.08M$383.14M$389.93M$398.98M$405.86M$398.61M$398.06M$380.78M$373.57M
    Gross Profit$230.64M$236.32M$231.74M$219.54M$223.62M$217.22M$213.88M$209.60M$210.46M$205.38M$196.39M$187.20M
    Operating Expenses$154.57M$168.74M$153.08M$137.76M$147.21M$141.01M$151.15M$135.66M$145.81M$142.58M$147.12M$132.31M
    R&D$56.14M$55.00M$53.11M$50.03M$53.81M$50.09M$58.34M$51.24M$53.05M$52.40M$53.92M$51.64M
    SG&A$89.72M$105.36M$95.30M$83.14M$87.61M$86.91M$85.05M$79.64M$88.41M$85.97M$81.60M$76.58M
    Operating Income$76.07M$67.58M$78.66M$81.78M$76.41M$76.21M$62.73M$73.93M$64.65M$62.80M$49.27M$54.89M
    Interest Income$6.25M$5.66M$10.79M$13.57M$12.30M$11.71M$12.18M$13.42M$5.13M$3.85M$3.35M$2.64M
    Interest Expense$5.77M$5.81M$5.56M$5.65M$5.65M$5.59M$5.59M$5.61M$2.29M$1.89M$1.87M$2.44M
    Income Before Tax$80.21M$67.19M$85.81M$90.70M$83.48M$82.28M$69.85M$82.42M$67.04M$65.22M$49.46M$55.73M
    Income Tax Expense$26.73M$13.61M$-17,205,000$24.48M$14.73M$16.93M$11.28M$3.52M$15.18M$13.43M$4.55M$15.39M
    Net Income$53.47M$53.59M$103.01M$66.22M$68.75M$65.35M$58.57M$78.91M$51.86M$51.79M$44.91M$40.34M
    EBITDA$100.29M$87.73M$95.55M$96.64M$90.74M$90.01M$80.38M$91.13M$78.70M$76.89M$62.64M$70.12M
    EBIT$79.72M$67.34M$80.57M$82.78M$76.83M$76.16M$63.26M$74.61M$64.20M$63.26M$47.99M$55.54M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $725536
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    6
    New Awards (TTM)
    3
    Avg Remaining Term
    4.9 mo

    Top agency: Department of Defense at 74.6% of trailing twelve month obligations across 2 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    N3943026F5010Department of DefenseDepartment of the Navy$503823Jan 30, 2026
    89503026PWA000517Department of EnergyDepartment of Energy$184237Dec 19, 2025
    N3943026F5008Department of DefenseDepartment of the Navy$45660Jan 30, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    ITRI Valuation and Fair Value

    P/E
    12.0x
    Forward P/E
    13.4x
    EV/EBITDA
    12.1x
    P/FCF
    9.7x
    PEG
    0.7x
    P/B
    2.3x
    See GNG's fair value

    ITRI Profitability: Margins, ROIC and FCF

    Gross margin
    39.9%
    Operating margin
    13.5%
    Net margin
    11.9%
    ROIC
    8.2%
    ROE
    16.9%
    FCF margin
    16.7%
    FCF yield
    10.3%

    ITRI Analyst Ratings

    Consensus
    Buy
    Analysts
    12
    Strong Buy
    3
    Buy
    7
    Hold
    2
    Sell
    0
    Strong Sell
    0

    ITRI Bull Case vs Bear Case

    Bull case

    • ITRI converts 16.7% of revenue into free cash flow.
    • ITRI beat EPS estimates in 100.0% of its last 8 reported quarters.
    • 83.3% of ITRI's analyst ratings are Buy or Strong Buy.

    Bear case

    • ITRI's quarterly revenue changed -7.2% year over year.

    ITRI Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    23.5%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.56
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    6 up, 2 down

    Frequently Asked Questions About ITRI

    Does ITRI pay dividends?

    Itron Inc (ITRI) does not currently pay a regular dividend.

    What is ITRI's P/E ratio?

    Itron Inc has a price-to-earnings (P/E) ratio of 11.97.

    What is ITRI's market cap?

    Itron Inc (ITRI) has a market capitalization of $3.70B with a current stock price of $84.77.

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