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
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