Itron (ITRI) Work In Process (2010 - 2026)
Itron's (ITRI) quarterly Work In Process came in at $12.9 million in Q2 2026, down 16.42% YoY from $15.5 million in Q2 2025, and up 10.41% on a QoQ basis from $11.7 million in Q1 2026.
Itron (ITRI) Work In Process (2010 - 2026) Analysis & Trends
Itron (ITRI) has 17 years of Work In Process data on file, last reported at $12.9 million in Q2 2026.
- Quarterly Work In Process fell 16.42% year-over-year to $12.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $12.9 million (down 16.42% YoY) and the FY2025 annual result came in at $13.5 million, down 18.81% from the prior year.
- Work In Process grew to $12.9 million in Q2 2026, from $11.7 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $17.8 million in Q4 2023 to a low of $6.3 million in Q2 2022.
- A 5-year average of $12.6 million and a median of $13.2 million in 2025 frame the typical range for Work In Process.
- Annual changes were most pronounced in 2022 — Work In Process slumped 33.17% — and 2023, when it surged 112.84%.
- Tracing ITRI's Work In Process over 5 years: 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 retreated by 4.52% to $12.9 million in 2026.
- The last three Work In Process figures came in at $12.9 million (Q2 2026), $11.7 million (Q1 2026), and $13.5 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn |
| 2 | Keysight Technologies | 53.99 Bn | 51.57 Bn | 1.18 Bn |
| 3 | Coherent | 51.17 Bn | 49.18 Bn | 787.08 Mn |
| 4 | Teledyne Technologies | 29.38 Bn | 29.04 Bn | 738.10 Mn |
| 5 | Mks | 18.84 Bn | 18.23 Bn | 595.00 Mn |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn |
| 7 | Trimble | 14.04 Bn | 13.83 Bn | 674.90 Mn |
| 8 | Cognex | 10.12 Bn | 9.71 Bn | 205.77 Mn |
| 9 | Esco Technologies | 7.42 Bn | 7.35 Bn | 141.52 Mn |
| 10 | Itron | 4.41 Bn | 3.67 Bn | 230.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.93 Mn |
| 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 |