Itron (ITRI) Operating Income (2009 - 2026)

Itron (ITRI) reported Operating Income of $67.6 million for Q1 2026, down 11.33% on a YoY basis from $76.2 million in Q1 2025, and down 14.09% quarter-over-quarter from $78.7 million in Q4 2025.

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

Itron has reported Operating Income for 18 years, with the latest figure at $67.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 11.33% year-over-year to $67.6 million; the trailing twelve-month figure through Mar 2026 stood at $284.0 million (up 2.35% YoY), and the FY2025 full-year result was $313.1 million, up 18.54% from the prior year.
  • Operating Income for Q1 2026 stood at $67.6 million, down from $78.7 million in the prior quarter.
  • The five-year high for Operating Income was $121.0 million in Q2 2025, with the low at -$33.5 million in Q2 2022.
  • Historically, Operating Income has averaged $43.9 million across 5 years, with a median of $54.9 million in 2023.
  • Annual changes were most pronounced in 2022 — Operating Income plunged 383.66% — and 2024, when it jumped 704.25%.
  • Itron's Operating Income 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 decreased by 14.09% to $67.6 million in 2026.
  • The last three Operating Income figures came in at $67.6 million (Q1 2026), $78.7 million (Q4 2025), and $16.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Coherent 73.42 Bn 72.12 Bn 679.95 Mn -941.35 Mn
2 Keysight Technologies 60.20 Bn 58.02 Bn 995.00 Mn 248.00 Mn
3 Garmin 45.90 Bn 43.20 Bn 1.04 Bn 431.67 Mn
4 Teledyne Technologies 28.94 Bn 28.64 Bn 673.80 Mn 294.20 Mn
5 Mks 24.00 Bn 23.43 Bn 507.00 Mn 149.00 Mn
6 Fortive 18.63 Bn 18.28 Bn 675.50 Mn 191.70 Mn
7 Trimble 11.82 Bn 11.59 Bn 646.30 Mn 144.00 Mn
8 Cognex 10.60 Bn 10.31 Bn 190.94 Mn 59.87 Mn
9 Esco Technologies 8.14 Bn 8.05 Bn 131.32 Mn 22.49 Mn
10 Itron 3.60 Bn 2.91 Bn 236.32 Mn 67.58 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 67.58 Mn
Dec 31, 2025 78.66 Mn
Sep 30, 2025 16.81 Mn
Jun 30, 2025 121.00 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
Jun 30, 2021 -6.93 Mn