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| Date | Value |
|---|---|
| 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 |