Itron (ITRI) Operating Income (2009 - 2026)
Itron's (ITRI) quarterly Operating Income came in at $76.1 million in Q2 2026, little changed YoY from $76.4 million in Q2 2025, and up 12.56% on a QoQ basis from $67.6 million in Q1 2026.
Itron (ITRI) Operating Income (2009 - 2026) Analysis & Trends
Itron (ITRI) has 18 years of Operating Income data on file, last reported at $76.1 million in Q2 2026.
- Quarterly Operating Income changed 0.45% year-over-year to $76.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $385.9 million (up 33.38% YoY) and the FY2025 annual result came in at $313.1 million, up 18.54% from the prior year.
- Operating Income grew to $76.1 million in Q2 2026, from $67.6 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $163.6 million in Q3 2025 to a low of -$33.5 million in Q2 2022.
- A 5-year average of $51.3 million and a median of $62.8 million in 2024 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income plunged 383.66% — and 2024, when it jumped 704.25%.
- Tracing ITRI's Operating Income over 5 years: stood at $12.4 million in 2022, then jumped by 297.95% to $49.3 million in 2023, then climbed by 27.32% to $62.7 million in 2024, then increased by 25.39% to $78.7 million in 2025, then declined by 3.3% to $76.1 million in 2026.
- The last three Operating Income figures came in at $76.1 million (Q2 2026), $67.6 million (Q1 2026), and $78.7 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.29 Bn | 53.62 Bn | 1.26 Bn | 615.51 Mn |
| 2 | Keysight Technologies | 53.55 Bn | 51.14 Bn | 1.18 Bn | 407.00 Mn |
| 3 | Coherent | 53.03 Bn | 51.04 Bn | 787.08 Mn | -979.95 Mn |
| 4 | Teledyne Technologies | 29.33 Bn | 28.99 Bn | 738.10 Mn | 333.20 Mn |
| 5 | Mks | 18.93 Bn | 18.32 Bn | 595.00 Mn | 251.00 Mn |
| 6 | Fortive | 18.13 Bn | 17.76 Bn | 695.30 Mn | 209.90 Mn |
| 7 | Trimble | 13.97 Bn | 13.76 Bn | 674.90 Mn | 132.00 Mn |
| 8 | Cognex | 9.95 Bn | 9.55 Bn | 205.77 Mn | 85.52 Mn |
| 9 | Esco Technologies | 7.33 Bn | 7.26 Bn | 141.52 Mn | 83.28 Mn |
| 10 | Itron | 4.36 Bn | 3.62 Bn | 230.64 Mn | 76.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 76.07 Mn |
| Mar 31, 2026 | 67.58 Mn |
| Dec 31, 2025 | 78.66 Mn |
| Sep 30, 2025 | 163.56 Mn |
| Jun 30, 2025 | 76.41 Mn |
| Mar 31, 2025 | 76.21 Mn |
| Dec 31, 2024 | 62.73 Mn |
| Sep 30, 2024 | 73.93 Mn |
| Jun 30, 2024 | 64.65 Mn |
| Mar 31, 2024 | 62.80 Mn |
| Dec 31, 2023 | 49.27 Mn |
| Sep 30, 2023 | 54.89 Mn |
| Jun 30, 2023 | 35.10 Mn |
| Mar 31, 2023 | -10.39 Mn |
| Dec 31, 2022 | 12.38 Mn |
| Sep 30, 2022 | 6.89 Mn |
| Jun 30, 2022 | -33.53 Mn |
| Mar 31, 2022 | 6.82 Mn |
| Dec 31, 2021 | -107.47 Mn |
| Sep 30, 2021 | 4.16 Mn |