Itron (ITRI) Operating Income (2009 - 2026)

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

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

Itron (ITRI) has reported Operating Income for 18 consecutive years, with $67.6 million the latest figure, recorded in Q1 2026.

  • Operating Income for Q1 2026 came in at $67.6 million, down 11.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $284.0 million (up 2.35% YoY), and the FY2025 annual result was $313.1 million, up 18.54% from the prior year.
  • Operating Income was $67.6 million for Q1 2026 at Itron, down from $78.7 million in the prior quarter.
  • Over five years, Operating Income peaked at $121.0 million in Q2 2025 and troughed at -$33.5 million in Q2 2022.
  • Average Operating Income over 5 years is $43.9 million, with a median of $54.9 million recorded in 2023.
  • Year-over-year, Operating Income slumped 383.66% in 2022 and soared 704.25% in 2024.
  • Over 5 years, Operating Income stood at $12.4 million in 2022, then jumped by 297.95% to $49.3 million in 2023, then rose by 27.32% to $62.7 million in 2024, then advanced by 25.39% to $78.7 million in 2025, then declined by 14.09% to $67.6 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were $67.6 million in Q1 2026, $78.7 million in Q4 2025, and $16.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn -941.35 Mn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 27.54 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 248.00 Mn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 294.20 Mn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 191.70 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 144.00 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 59.87 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 141.60 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 431.67 Mn
10 Itron 3.78 Bn 3.09 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