Itron, Inc. (ITRI) Operating Margin (2009 - 2026)
Itron's Operating Margin was 13.51% in Q2 2026, up 0.92 percentage points from 12.59% a year earlier and up 2.00 percentage points from the prior quarter.
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Analysis
Itron, Inc. (ITRI) Operating Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Itron's Operating Margin was 13.20% through Jun 30, 2026, up 1.36 percentage points year-over-year; for FY2025, it was 13.23%, up 2.40 percentage points from FY2024.
- Operating Margin has now increased for four consecutive years, with a five-year change of +13.70 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 10.82% in FY2024 (+4.89 pp), 5.93% in FY2023 (+6.34 pp), -0.41% in FY2022 (+3.59 pp) and -4.00% in FY2021 (-3.52 pp).
- Quarterly Operating Margin has moved between -22.13% (Q4 2021) and 14.06% (Q3 2025) over five years.
- Compared with a year earlier, Operating Margin was higher in seven of the last eight quarters, with an average year-over-year change of +1.69 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q4 2022 (a gain of 24.78 percentage points); the worst was Q4 2021 (a drop of 28.34 percentage points).
- Per Business Quant data, ITRI's Operating Margin in the three quarters before Q2 2026 was 11.51% (Q1 2026), 13.76% (Q4 2025) and 14.06% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.51% |
| Mar 31, 2026 | 11.51% |
| Dec 31, 2025 | 13.76% |
| Sep 30, 2025 | 14.06% |
| Jun 30, 2025 | 12.59% |
| Mar 31, 2025 | 12.55% |
| Dec 31, 2024 | 10.24% |
| Sep 30, 2024 | 12.01% |
| Jun 30, 2024 | 10.61% |
| Mar 31, 2024 | 10.41% |
| Dec 31, 2023 | 8.54% |
| Sep 30, 2023 | 9.79% |
| Jun 30, 2023 | 6.49% |
| Mar 31, 2023 | -2.10% |
| Dec 31, 2022 | 2.65% |
| Sep 30, 2022 | 1.64% |
| Jun 30, 2022 | -7.76% |
| Mar 31, 2022 | 1.43% |
| Dec 31, 2021 | -22.13% |
| Sep 30, 2021 | 0.85% |
API Access
Itron, Inc. Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=ITRI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "ITRI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=ITRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();