Itron (ITRI) Work In Process (2010 - 2026)
Itron (ITRI) posted Work In Process of $11.7 million for Q1 2026, down 13.52% quarter-over-quarter from $13.5 million in Q4 2025, and down 28.15% year-on-year from $16.3 million in Q1 2025.
Itron (ITRI) Work In Process (2010 - 2026) Analysis & Trends
Itron (ITRI) has reported Work In Process for 17 consecutive years, with $11.7 million the latest figure, recorded in Q1 2026.
- Work In Process for Q1 2026 came in at $11.7 million, down 28.15% year-over-year; the trailing twelve-month figure through Mar 2026 was $11.7 million (down 28.15% YoY), and the FY2025 annual result was $13.5 million, down 18.81% from the prior year.
- Work In Process was $11.7 million for Q1 2026 at Itron, down from $13.5 million in the prior quarter.
- Over five years, Work In Process peaked at $17.8 million in Q4 2023 and troughed at $6.3 million in Q2 2022.
- Average Work In Process over 5 years is $12.6 million, with a median of $13.5 million recorded in 2025.
- Year-over-year, Work In Process plunged 33.17% in 2022 and jumped 112.84% in 2023.
- Over 5 years, Work In Process stood at $8.4 million in 2022, then surged by 112.84% to $17.8 million in 2023, then dropped by 6.55% to $16.7 million in 2024, then fell by 18.81% to $13.5 million in 2025, then declined by 13.52% to $11.7 million in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $11.7 million in Q1 2026, $13.5 million in Q4 2025, and $15.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn |
| 10 | Itron | 3.78 Bn | 3.09 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 |