Itron (ITRI) Operating Expenses (2009 - 2026)

Itron (ITRI) posted Operating Expenses of $168.7 million for Q1 2026, up 10.23% quarter-over-quarter from $153.1 million in Q4 2025, and up 19.67% year-on-year from $141.0 million in Q1 2025.

Itron (ITRI) Operating Expenses (2009 - 2026) Analysis & Trends

Itron (ITRI) has reported Operating Expenses for 18 consecutive years, with $168.7 million the latest figure, recorded in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $168.7 million, up 19.67% year-over-year; the trailing twelve-month figure through Mar 2026 was $606.8 million (up 5.78% YoY), and the FY2025 annual result was $579.0 million, up 0.67% from the prior year.
  • Operating Expenses was $168.7 million for Q1 2026 at Itron, up from $153.1 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $168.7 million in Q1 2026 and troughed at $113.2 million in Q3 2022.
  • Average Operating Expenses over 5 years is $143.4 million, with a median of $142.6 million recorded in 2024.
  • Year-over-year, Operating Expenses plunged 43.86% in 2022 and climbed 29.87% in 2023.
  • Over 5 years, Operating Expenses stood at $128.4 million in 2022, then climbed by 14.56% to $147.1 million in 2023, then increased by 2.74% to $151.2 million in 2024, then rose by 1.27% to $153.1 million in 2025, then gained by 10.23% to $168.7 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $168.7 million in Q1 2026, $153.1 million in Q4 2025, and $137.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 1.62 Bn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 86.04 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 1.35 Bn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 1.27 Bn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 483.80 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 502.30 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 131.07 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 793.20 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 610.62 Mn
10 Itron 3.78 Bn 3.09 Bn 236.32 Mn 168.74 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 168.74 Mn
Dec 31, 2025 153.08 Mn
Sep 30, 2025 137.76 Mn
Jun 30, 2025 147.21 Mn
Mar 31, 2025 141.01 Mn
Dec 31, 2024 151.15 Mn
Sep 30, 2024 135.67 Mn
Jun 30, 2024 145.81 Mn
Mar 31, 2024 142.58 Mn
Dec 31, 2023 147.12 Mn
Sep 30, 2023 132.31 Mn
Jun 30, 2023 138.85 Mn
Mar 31, 2023 166.76 Mn
Dec 31, 2022 128.42 Mn
Sep 30, 2022 113.17 Mn
Jun 30, 2022 159.63 Mn
Mar 31, 2022 128.41 Mn
Dec 31, 2021 228.76 Mn
Sep 30, 2021 130.80 Mn
Jun 30, 2021 156.81 Mn