Itron (ITRI) Net Margin (2009 - 2026)
Itron (ITRI) reported Net Margin of 9.13% for Q1 2026, down 163.0% on a YoY basis from 14.49% in Q1 2025, and down 58.19% quarter-over-quarter from 21.83% in Q4 2025.
Itron (ITRI) Net Margin (2009 - 2026) Analysis & Trends
Itron has reported Net Margin for 18 years, with the latest figure at 9.13% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 163.0% year-over-year to 9.13%; the trailing twelve-month figure through Mar 2026 stood at 24.81% (up 1439.0% YoY), and the FY2025 full-year result was 12.81%, up 294.0% from the prior year.
- Net Margin for Q1 2026 stood at 9.13%, down from 21.83% in the prior quarter.
- The five-year high for Net Margin was 8374.18% in Q2 2025, with the low at 8.54% in Q2 2022.
- Historically, Net Margin has averaged 501.99% across 5 years, with a median of 8.51% in 2024.
- Annual changes were most pronounced in 2023 — Net Margin slumped 262 bps — and 2025, when it jumped 836566 bps.
- Itron's Net Margin stood at 4.7% in 2022, then soared by 66 bps to 7.78% in 2023, then increased by 23 bps to 9.56% in 2024, then soared by 128 bps to 21.83% in 2025, then tumbled by 58 bps to 9.13% in 2026.
- The last three Net Margin figures came in at 9.13% (Q1 2026), 21.83% (Q4 2025), and 63.91% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 73.42 Bn | 72.12 Bn | 679.95 Mn | 10.60% |
| 2 | Keysight Technologies | 60.20 Bn | 58.02 Bn | 995.00 Mn | 17.56% |
| 3 | Garmin | 45.90 Bn | 43.20 Bn | 1.04 Bn | 23.10% |
| 4 | Teledyne Technologies | 28.94 Bn | 28.64 Bn | 673.80 Mn | 14.54% |
| 5 | Mks | 24.00 Bn | 23.43 Bn | 507.00 Mn | 7.79% |
| 6 | Fortive | 18.63 Bn | 18.28 Bn | 675.50 Mn | - |
| 7 | Trimble | 11.82 Bn | 11.59 Bn | 646.30 Mn | 10.52% |
| 8 | Cognex | 10.60 Bn | 10.31 Bn | 190.94 Mn | 19.26% |
| 9 | Esco Technologies | 8.14 Bn | 8.05 Bn | 131.32 Mn | 0.38% |
| 10 | Itron | 3.60 Bn | 2.91 Bn | 236.32 Mn | 9.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.13% |
| Dec 31, 2025 | 21.83% |
| Sep 30, 2025 | 63.91% |
| Jun 30, 2025 | 8,374.18% |
| Mar 31, 2025 | 10.76% |
| Dec 31, 2024 | 9.56% |
| Sep 30, 2024 | 12.82% |
| Jun 30, 2024 | 8.51% |
| Mar 31, 2024 | 8.58% |
| Dec 31, 2023 | 7.78% |
| Sep 30, 2023 | 7.19% |
| Jun 30, 2023 | 4.64% |
| Mar 31, 2023 | -2.43% |
| Dec 31, 2022 | 4.70% |
| Sep 30, 2022 | 1.06% |
| Jun 30, 2022 | -8.54% |
| Mar 31, 2022 | 0.19% |
| Dec 31, 2021 | -12.03% |
| Sep 30, 2021 | -0.21% |
| Jun 30, 2021 | -11.82% |