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
DateValue
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