Itron (ITRI) Work In Process (2010 - 2026)
Itron (ITRI) reported Work In Process of $11.7 million for Q1 2026, down 28.15% on a YoY basis from $16.3 million in Q1 2025, and down 13.52% quarter-over-quarter from $13.5 million in Q4 2025.
Itron (ITRI) Work In Process (2010 - 2026) Analysis & Trends
Itron has reported Work In Process for 17 years, with the latest figure at $11.7 million in Q1 2026.
- For the quarter ending Q1 2026, Work In Process fell 28.15% year-over-year to $11.7 million; the trailing twelve-month figure through Mar 2026 stood at $11.7 million (down 28.15% YoY), and the FY2025 full-year result was $13.5 million, down 18.81% from the prior year.
- Work In Process for Q1 2026 stood at $11.7 million, down from $13.5 million in the prior quarter.
- The five-year high for Work In Process was $17.8 million in Q4 2023, with the low at $6.3 million in Q2 2022.
- Historically, Work In Process has averaged $12.6 million across 5 years, with a median of $13.5 million in 2025.
- Annual changes were most pronounced in 2022 — Work In Process slumped 33.17% — and 2023, when it surged 112.84%.
- Itron's Work In Process stood at $8.4 million in 2022, then surged by 112.84% to $17.8 million in 2023, then retreated by 6.55% to $16.7 million in 2024, then slipped by 18.81% to $13.5 million in 2025, then decreased by 13.52% to $11.7 million in 2026.
- The last three Work In Process figures came in at $11.7 million (Q1 2026), $13.5 million (Q4 2025), and $15.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coherent | 73.42 Bn | 72.12 Bn | 679.95 Mn |
| 2 | Keysight Technologies | 60.20 Bn | 58.02 Bn | 995.00 Mn |
| 3 | Garmin | 45.90 Bn | 43.20 Bn | 1.04 Bn |
| 4 | Teledyne Technologies | 28.94 Bn | 28.64 Bn | 673.80 Mn |
| 5 | Mks | 24.00 Bn | 23.43 Bn | 507.00 Mn |
| 6 | Fortive | 18.63 Bn | 18.28 Bn | 675.50 Mn |
| 7 | Trimble | 11.82 Bn | 11.59 Bn | 646.30 Mn |
| 8 | Cognex | 10.60 Bn | 10.31 Bn | 190.94 Mn |
| 9 | Esco Technologies | 8.14 Bn | 8.05 Bn | 131.32 Mn |
| 10 | Itron | 3.60 Bn | 2.91 Bn | 236.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.71 Mn |
| Dec 31, 2025 | 13.54 Mn |
| Sep 30, 2025 | 15.25 Mn |
| Jun 30, 2025 | 15.47 Mn |
| Mar 31, 2025 | 16.30 Mn |
| Dec 31, 2024 | 16.68 Mn |
| Sep 30, 2024 | 15.18 Mn |
| Jun 30, 2024 | 14.62 Mn |
| Mar 31, 2024 | 13.98 Mn |
| Dec 31, 2023 | 17.85 Mn |
| Sep 30, 2023 | 12.61 Mn |
| Jun 30, 2023 | 11.12 Mn |
| Mar 31, 2023 | 9.24 Mn |
| Dec 31, 2022 | 8.39 Mn |
| Sep 30, 2022 | 8.36 Mn |
| Jun 30, 2022 | 6.27 Mn |
| Mar 31, 2022 | 7.46 Mn |
| Dec 31, 2021 | 7.86 Mn |
| Sep 30, 2021 | 8.54 Mn |
| Jun 30, 2021 | 9.39 Mn |