Itron (ITRI) Cost of Revenue (2009 - 2026)

Itron (ITRI) reported Cost of Revenue of $350.7 million for Q1 2026, down 10.07% on a YoY basis from $389.9 million in Q1 2025, and up 3.16% quarter-over-quarter from $339.9 million in Q4 2025.

Itron (ITRI) Cost of Revenue (2009 - 2026) Analysis & Trends

Itron has reported Cost of Revenue for 18 years, with the latest figure at $350.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue fell 10.07% year-over-year to $350.7 million; the trailing twelve-month figure through Mar 2026 stood at $1.0 billion (down 36.7% YoY), and the FY2025 full-year result was $1.5 billion, down 7.9% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $350.7 million, up from $339.9 million in the prior quarter.
  • The five-year high for Cost of Revenue was $405.9 million in Q3 2024, with the low at $79.2 million in Q2 2025.
  • Historically, Cost of Revenue has averaged $337.2 million across 5 years, with a median of $350.7 million in 2026.
  • Annual changes were most pronounced in 2023 — Cost of Revenue climbed 24.19% — and 2025, when it plunged 80.14%.
  • Itron's Cost of Revenue stood at $326.7 million in 2022, then rose by 16.56% to $380.8 million in 2023, then climbed by 4.78% to $399.0 million in 2024, then declined by 14.8% to $339.9 million in 2025, then gained by 3.16% to $350.7 million in 2026.
  • The last three Cost of Revenue figures came in at $350.7 million (Q1 2026), $339.9 million (Q4 2025), and $238.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Coherent 67.26 Bn 65.96 Bn 679.95 Mn 1.13 Bn
2 Keysight Technologies 55.85 Bn 53.67 Bn 995.00 Mn 605.00 Mn
3 Garmin 44.69 Bn 41.99 Bn 1.04 Bn 711.20 Mn
4 Teledyne Technologies 27.94 Bn 27.64 Bn 673.80 Mn 886.30 Mn
5 Mks 21.31 Bn 20.74 Bn 507.00 Mn 571.00 Mn
6 Fortive 18.59 Bn 18.25 Bn 675.50 Mn 393.90 Mn
7 Trimble 11.88 Bn 11.64 Bn 646.30 Mn 293.60 Mn
8 Cognex 9.78 Bn 9.48 Bn 190.94 Mn 77.50 Mn
9 Esco Technologies 7.93 Bn 7.83 Bn 131.32 Mn 178.03 Mn
10 Itron 3.57 Bn 2.88 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