Itron (ITRI) Net Margin (2009 - 2026)
Itron's (ITRI) quarterly Net Margin came in at 9.5% in Q2 2026, down 183.0% YoY from 11.45% in Q2 2025, and up 4.06% on a QoQ basis from 9.13% in Q1 2026.
Itron (ITRI) Net Margin (2009 - 2026) Analysis & Trends
Itron (ITRI) has 18 years of Net Margin data on file, last reported at 9.5% in Q2 2026.
- Quarterly Net Margin fell 183.0% year-over-year to 9.5% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 12.94% (up 182.0% YoY) and the FY2025 annual result came in at 12.81%, up 294.0% from the prior year.
- Net Margin improved to 9.5% in Q2 2026, from 9.13% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 21.83% in Q4 2025 to a low of 8.54% in Q2 2022.
- A 5-year average of 7.11% and a median of 8.55% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin jumped 1673 bps — and 2023, when it slumped 262 bps.
- Tracing ITRI's Net Margin over 5 years: 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 slumped by 56 bps to 9.5% in 2026.
- The last three Net Margin figures came in at 9.5% (Q2 2026), 9.13% (Q1 2026), and 21.83% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 57.03 Bn | 54.36 Bn | 1.26 Bn | 26.80% |
| 2 | Keysight Technologies | 54.10 Bn | 51.69 Bn | 1.18 Bn | 20.33% |
| 3 | Coherent | 51.26 Bn | 49.27 Bn | 787.08 Mn | 11.76% |
| 4 | Teledyne Technologies | 29.51 Bn | 29.17 Bn | 738.10 Mn | 15.14% |
| 5 | Mks | 18.82 Bn | 18.21 Bn | 595.00 Mn | 14.02% |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn | 14.34% |
| 7 | Trimble | 14.02 Bn | 13.81 Bn | 674.90 Mn | -48.53% |
| 8 | Cognex | 10.13 Bn | 9.73 Bn | 205.77 Mn | 24.98% |
| 9 | Esco Technologies | 7.47 Bn | 7.40 Bn | 141.52 Mn | 9.66% |
| 10 | Itron | 4.40 Bn | 3.65 Bn | 230.64 Mn | 9.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.50% |
| Mar 31, 2026 | 9.13% |
| Dec 31, 2025 | 21.83% |
| Sep 30, 2025 | 11.39% |
| Jun 30, 2025 | 11.33% |
| 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% |