Itron (ITRI) Research & Development (2009 - 2026)

Itron (ITRI) has reported Research & Development for 18 consecutive years, with $55.0 million the latest figure, recorded in Q1 2026.

• Research & Development for Q1 2026 came in at $55.0 million, up 9.8% year-over-year; the trailing twelve-month figure through Mar 2026 was $132.8 million (down 37.56% YoY), and the FY2025 annual result was $207.0 million, down 3.72% from the prior year.
• Research & Development was $55.0 million for Q1 2026 at Itron, up from $53.1 million in the prior quarter.
• Over five years, Research & Development peaked at $58.3 million in Q4 2024 and troughed at $12.3 million in Q3 2025.
• Average Research & Development over 5 years is $46.6 million, with a median of $51.2 million recorded in 2024.
• Year-over-year, Research & Development rose 18.88% in 2023 and slumped 76.51% in 2025.
• Over 5 years, Research & Development stood at $46.6 million in 2022, then advanced by 15.64% to $53.9 million in 2023, then increased by 8.2% to $58.3 million in 2024, then dropped by 8.97% to $53.1 million in 2025, then grew by 3.56% to $55.0 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $55.0 million in Q1 2026, $53.1 million in Q4 2025, and $12.3 million in Q3 2025.