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
DateValue
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%