Itron (ITRI) Tax Rate (2009 - 2026)
Itron (ITRI) posted Tax Rate of 20.25% for Q1 2026, up 144.56% quarter-over-quarter from 45.45% in Q4 2025, and down 32.0% year-on-year from 29.78% in Q1 2025.
Itron (ITRI) Tax Rate (2009 - 2026) Analysis & Trends
Itron (ITRI) has reported Tax Rate for 18 consecutive years, with 20.25% the latest figure, recorded in Q1 2026.
- Tax Rate for Q1 2026 came in at 20.25%, down 32.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.22% (down 1133.0% YoY), and the FY2025 annual result was 11.37%, down 388.0% from the prior year.
- Tax Rate was 20.25% for Q1 2026 at Itron, up from 45.45% in the prior quarter.
- Over five years, Tax Rate peaked at 81.16% in Q1 2022 and troughed at 103.6% in Q4 2022.
- Average Tax Rate over 5 years is 9.01%, with a median of 17.64% recorded in 2025.
- Year-over-year, Tax Rate slumped 89202 bps in 2022 and jumped 11281 bps in 2023.
- Over 5 years, Tax Rate 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 sank by 381 bps to 45.45% in 2025, then soared by 145 bps to 20.25% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 20.25% in Q1 2026, 45.45% in Q4 2025, and 26.99% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 1.45% |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 19.94% |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | -41.92% |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 18.62% |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 16.63% |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 24.68% |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 16.28% |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 24.59% |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 14.27% |
| 10 | Itron | 3.78 Bn | 3.09 Bn | 236.32 Mn | 20.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.25% |
| Mar 31, 2026 | 20.25% |
| Dec 31, 2025 | -45.45% |
| Dec 31, 2025 | -45.45% |
| Sep 30, 2025 | 26.99% |
| Sep 30, 2025 | 26.99% |
| Jun 30, 2025 | 17.64% |
| Jun 30, 2025 | 17.64% |
| Mar 31, 2025 | 20.58% |
| Mar 31, 2025 | 20.58% |
| Dec 31, 2024 | 16.15% |
| Dec 31, 2024 | 16.15% |
| Sep 30, 2024 | 4.26% |
| Sep 30, 2024 | 4.26% |
| Jun 30, 2024 | 22.64% |
| Jun 30, 2024 | 22.64% |
| Mar 31, 2024 | 20.59% |
| Mar 31, 2024 | 20.59% |
| Dec 31, 2023 | 9.21% |
| Dec 31, 2023 | 9.21% |