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