Itron (ITRI) Operating Expenses (2009 - 2026)

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

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

Itron has reported Operating Expenses for 18 years, with the latest figure at $168.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 19.67% year-over-year to $168.7 million; the trailing twelve-month figure through Mar 2026 stood at $606.8 million (up 5.78% YoY), and the FY2025 full-year result was $579.0 million, up 0.67% from the prior year.
  • Operating Expenses for Q1 2026 stood at $168.7 million, up from $153.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $168.7 million in Q1 2026, with the low at $113.2 million in Q3 2022.
  • Historically, Operating Expenses has averaged $143.4 million across 5 years, with a median of $142.6 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses slumped 43.86% — and 2023, when it gained 29.87%.
  • Itron's Operating Expenses stood at $128.4 million in 2022, then rose by 14.56% to $147.1 million in 2023, then advanced by 2.74% to $151.2 million in 2024, then climbed by 1.27% to $153.1 million in 2025, then grew by 10.23% to $168.7 million in 2026.
  • The last three Operating Expenses figures came in at $168.7 million (Q1 2026), $153.1 million (Q4 2025), and $137.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Coherent 73.42 Bn 72.12 Bn 679.95 Mn 1.62 Bn
2 Keysight Technologies 60.20 Bn 58.02 Bn 995.00 Mn 1.35 Bn
3 Garmin 45.90 Bn 43.20 Bn 1.04 Bn 610.62 Mn
4 Teledyne Technologies 28.94 Bn 28.64 Bn 673.80 Mn 1.27 Bn
5 Mks 24.00 Bn 23.43 Bn 507.00 Mn 274.00 Mn
6 Fortive 18.63 Bn 18.28 Bn 675.50 Mn 483.80 Mn
7 Trimble 11.82 Bn 11.59 Bn 646.30 Mn 502.30 Mn
8 Cognex 10.60 Bn 10.31 Bn 190.94 Mn 131.07 Mn
9 Esco Technologies 8.14 Bn 8.05 Bn 131.32 Mn 265.48 Mn
10 Itron 3.60 Bn 2.91 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