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

Itron has reported Research & Development for 18 years, with the latest figure at $55.0 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 9.8% year-over-year to $55.0 million; the trailing twelve-month figure through Mar 2026 stood at $132.8 million (down 37.56% YoY), and the FY2025 full-year result was $207.0 million, down 3.72% from the prior year.
• Research & Development for Q1 2026 stood at $55.0 million, up from $53.1 million in the prior quarter.
• The five-year high for Research & Development was $58.3 million in Q4 2024, with the low at $12.3 million in Q3 2025.
• Historically, Research & Development has averaged $46.6 million across 5 years, with a median of $51.2 million in 2024.
• Annual changes were most pronounced in 2023 — Research & Development grew 18.88% — and 2025, when it plunged 76.51%.
• Itron's Research & Development stood at $46.6 million in 2022, then increased by 15.64% to $53.9 million in 2023, then advanced by 8.2% to $58.3 million in 2024, then retreated by 8.97% to $53.1 million in 2025, then gained by 3.56% to $55.0 million in 2026.
• The last three Research & Development figures came in at $55.0 million (Q1 2026), $53.1 million (Q4 2025), and $12.3 million (Q3 2025), per Business Quant data.