Itron (ITRI) Cost of Revenue (2009 - 2026)
Itron (ITRI) posted Cost of Revenue of $350.7 million for Q1 2026, up 3.16% quarter-over-quarter from $339.9 million in Q4 2025, and down 10.07% year-on-year from $389.9 million in Q1 2025.
Itron (ITRI) Cost of Revenue (2009 - 2026) Analysis & Trends
Itron (ITRI) has reported Cost of Revenue for 18 consecutive years, with $350.7 million the latest figure, recorded in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $350.7 million, down 10.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.0 billion (down 36.7% YoY), and the FY2025 annual result was $1.5 billion, down 7.9% from the prior year.
- Cost of Revenue was $350.7 million for Q1 2026 at Itron, up from $339.9 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $405.9 million in Q3 2024 and troughed at $79.2 million in Q2 2025.
- Average Cost of Revenue over 5 years is $337.2 million, with a median of $350.7 million recorded in 2026.
- Year-over-year, Cost of Revenue increased 24.19% in 2023 and slumped 80.14% in 2025.
- Over 5 years, Cost of Revenue stood at $326.7 million in 2022, then climbed by 16.56% to $380.8 million in 2023, then rose by 4.78% to $399.0 million in 2024, then decreased by 14.8% to $339.9 million in 2025, then grew by 3.16% to $350.7 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $350.7 million in Q1 2026, $339.9 million in Q4 2025, and $238.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 1.13 Bn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 144.13 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 605.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 886.30 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 393.90 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 293.60 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 77.50 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 648.50 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 711.20 Mn |
| 10 | Itron | 3.78 Bn | 3.09 Bn | 236.32 Mn | 350.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 350.66 Mn |
| Mar 31, 2026 | 350.66 Mn |
| Dec 31, 2025 | 339.92 Mn |
| Dec 31, 2025 | 339.92 Mn |
| Sep 30, 2025 | 238.94 Mn |
| Sep 30, 2025 | 238.94 Mn |
| Jun 30, 2025 | 79.17 Mn |
| Jun 30, 2025 | 79.17 Mn |
| Mar 31, 2025 | 389.93 Mn |
| Mar 31, 2025 | 389.93 Mn |
| Dec 31, 2024 | 398.98 Mn |
| Dec 31, 2024 | 398.98 Mn |
| Sep 30, 2024 | 405.86 Mn |
| Sep 30, 2024 | 405.86 Mn |
| Jun 30, 2024 | 398.61 Mn |
| Jun 30, 2024 | 398.61 Mn |
| Mar 31, 2024 | 398.06 Mn |
| Mar 31, 2024 | 398.06 Mn |
| Dec 31, 2023 | 380.78 Mn |
| Dec 31, 2023 | 380.78 Mn |