Itron Quarterly Income Statement
NASDAQ: ITRIIndustrialsElectrical ProductsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Itron revenue and earnings
In the quarter ended Jun 30, 2026, Itron generated $562.9 million in revenue, down 7.2% from the same quarter a year earlier. Net income was $53.3 million (-22.0% year over year), for a net margin of 9.5% versus a median of 11.3% in the prior 5 quarters. Gross margin was 41.0% (up from 36.9%) and operating margin 13.5%.
Diluted earnings per share came in at $1.19, down from $1.47.
Summary generated from market data by MetaCap's automated system. Methodology
Itron income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Revenue growth (YoY) | -7.23% | -3.32% | -6.72% | -5.50% | -0.38% | +0.61% | +6.18% | +9.75% | +12.57% | +22.00% | +23.46% | +33.24% |
| 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 |
| Research & Development | 56.14M | 55.00M | 53.11M | 50.03M | 53.81M | 50.09M | 58.34M | 51.24M | 53.05M | 52.40M | 53.92M | 51.64M |
| Selling, General & Admin | 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 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 |
| Other Income (Expense) | 4.14M | -382.00K | 7.15M | 8.92M | 7.07M | 6.07M | 7.12M | 8.49M | 2.39M | 2.42M | 192.00K | 843.00K |
| Pretax Income | 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 | 26.73M | 13.61M | -17.20M | 24.48M | 14.73M | 16.93M | 11.28M | 3.52M | 15.18M | 13.43M | 4.55M | 15.39M |
| Net Income | 53.27M | 53.46M | 101.63M | 65.61M | 68.34M | 65.47M | 58.11M | 77.96M | 51.32M | 51.72M | 44.39M | 40.17M |
| Net Income growth (YoY) | -22.05% | -18.35% | +74.90% | -15.84% | +33.17% | +26.59% | +30.91% | +94.06% | +112.05% | — | +99.83% | +875.76% |
| EPS (Basic) | 1.21 | 1.20 | 2.25 | 1.43 | 1.50 | 1.44 | 1.29 | 1.73 | 1.12 | 1.13 | 0.98 | 0.88 |
| EPS (Diluted) | 1.19 | 1.18 | 2.20 | 1.41 | 1.47 | 1.42 | 1.26 | 1.70 | 1.10 | 1.12 | 0.97 | 0.87 |
| Shares Outstanding (Basic) | 44.09M | 44.73M | — | 45.75M | 45.63M | 45.34M | — | 44.98M | 45.74M | 45.65M | — | 45.46M |
| Shares Outstanding (Diluted) | 44.61M | 45.47M | — | 46.66M | 46.38M | 46.17M | — | 45.84M | 46.53M | 46.36M | — | 45.95M |
| EBITDA | 94.69M | 86.11M | 91.95M | 93.82M | 88.53M | 88.28M | 78.03M | 88.65M | 78.17M | 75.54M | 63.02M | 68.53M |
| Gross Margin | 40.97% | 40.26% | 40.54% | 37.75% | 36.85% | 35.78% | 34.90% | 34.06% | 34.55% | 34.03% | 34.03% | 33.38% |
| Operating Margin | 13.51% | 11.51% | 13.76% | 14.06% | 12.59% | 12.55% | 10.24% | 12.01% | 10.61% | 10.41% | 8.54% | 9.79% |
| Net Margin | 9.46% | 9.11% | 17.78% | 11.28% | 11.26% | 10.78% | 9.48% | 12.67% | 8.43% | 8.57% | 7.69% | 7.16% |
This table shows 12 quarterly periods of Itron's income statement, from Q2 2026 back to Q3 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow ITRI's reporting calendar. What is a income statement?