Itron (ITRI) Tax Rate (2009 - 2026)
Itron's (ITRI) quarterly Tax Rate came in at 33.33% in Q2 2026, up 1569.0% YoY from 2.0% in Q2 2025, and up 64.57% on a QoQ basis from 20.25% in Q1 2026.
Itron (ITRI) Tax Rate (2009 - 2026) Analysis & Trends
Itron (ITRI) has 18 years of Tax Rate data on file, last reported at 33.33% in Q2 2026.
- Quarterly Tax Rate rose 1569.0% year-over-year to 33.33% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 7.97% (down 664.0% YoY) and the FY2025 annual result came in at 11.37%, down 388.0% from the prior year.
- Tax Rate advanced to 33.33% in Q2 2026, from 20.25% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 81.16% in Q1 2022 to a low of 103.6% in Q4 2022.
- A 5-year average of 10.36% and a median of 18.95% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 89202 bps — and 2023, when it surged 11281 bps.
- Tracing ITRI's Tax Rate over 5 years: stood at 103.6% in 2022, then soared by 109 bps to 9.21% in 2023, then soared by 75 bps to 16.15% in 2024, then slumped by 381 bps to 45.45% in 2025, then jumped by 173 bps to 33.33% in 2026.
- The last three Tax Rate figures came in at 33.33% (Q2 2026), 20.25% (Q1 2026), and 45.45% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.88 Bn | 54.22 Bn | 1.26 Bn | 16.76% |
| 2 | Keysight Technologies | 54.03 Bn | 51.62 Bn | 1.18 Bn | 16.51% |
| 3 | Coherent | 51.11 Bn | 49.12 Bn | 787.08 Mn | 15.19% |
| 4 | Teledyne Technologies | 29.26 Bn | 28.92 Bn | 738.10 Mn | 21.66% |
| 5 | Mks | 18.94 Bn | 18.33 Bn | 595.00 Mn | 17.84% |
| 6 | Fortive | 18.22 Bn | 17.85 Bn | 695.30 Mn | 12.37% |
| 7 | Trimble | 14.01 Bn | 13.79 Bn | 674.90 Mn | -6.05% |
| 8 | Cognex | 10.08 Bn | 9.67 Bn | 205.77 Mn | 18.53% |
| 9 | Esco Technologies | 7.46 Bn | 7.39 Bn | 141.52 Mn | 20.07% |
| 10 | Itron | 4.39 Bn | 3.64 Bn | 230.64 Mn | 33.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.33% |
| Jun 30, 2026 | 33.33% |
| Jun 30, 2026 | 33.33% |
| Mar 31, 2026 | 20.25% |
| Mar 31, 2026 | 20.25% |
| Mar 31, 2026 | 20.25% |
| Dec 31, 2025 | -45.45% |
| Dec 31, 2025 | -45.45% |
| Dec 31, 2025 | -45.45% |
| Sep 30, 2025 | 26.99% |
| Sep 30, 2025 | 26.99% |
| Sep 30, 2025 | 26.99% |
| Jun 30, 2025 | 17.64% |
| Jun 30, 2025 | 17.64% |
| Jun 30, 2025 | 17.64% |
| Mar 31, 2025 | 20.58% |
| Mar 31, 2025 | 20.58% |
| Mar 31, 2025 | 20.58% |
| Dec 31, 2024 | 16.15% |
| Dec 31, 2024 | 16.15% |