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
DateValue
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