Networked Solutions was Itron’s largest segment in fiscal 2025, bringing in $1.44B of $2.13B (68%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2024 | FY 2024 | FY 2024 | FY 2025 | FY 2025 | FY 2025 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Energy Operating | — | — | — | — | — | — | — | — | — | — | |||||||||||||
| Itron International | — | — | — | — | — | — | — | — | — | — | |||||||||||||
| Electricity Operating | — | — | — | — | — | — | — | — | — | — | |||||||||||||
| Networked Solutions | $1.00B | $1.33B | $381.31M | $412.70M | $390.20M | $1.55B | $374.52M | $408.93M | $365.38M | $1.44B | |||||||||||||
| Itron North America | — | — | — | — | — | — | — | — | — | — | |||||||||||||
| Gas Operating | — | — | — | — | — | — | — | — | — | — | |||||||||||||
| Water Operating | — | — | — | — | — | — | — | — | — | — | |||||||||||||
| Device Solutions | $433.35M | $452.72M | $125.91M | $118.55M | $122.12M | $473.33M | $125.39M | $112.76M | $103.10M | $444.60M | |||||||||||||
| Outcomes | $172.85M | $188.39M | $48.57M | $77.82M | $50.08M | $202.41M | $55.32M | $85.07M | $58.45M | $237.61M | |||||||||||||
| Resiliency Solutions | — | — | — | — | — | — | — | — | — | $3.05M | |||||||||||||
| Total | $1.61B | $1.97B | $555.78M | $609.07M | $562.40M | $2.22B | $555.23M | $606.76M | $526.93M | $2.13B |
Itron brought in $2.13B from its four segments in fiscal 2025, the year ended December 31, 2025. That is less than the $2.37B it reports by geography, so these segments do not cover all of its revenue. Networked Solutions was the largest at $1.44B (67.8%), ahead of Device Solutions at $444.60M (20.9%) and Outcomes at $237.61M (11.2%). The remaining segment, Resiliency Solutions, brought in $3.05M.
Compared with fiscal 2025, Device Solutions grew fastest, up 331.2% to $444.60M. Every segment above 2% of revenue grew. Some of that change comes from Itron regrouping its segments.
Itron began breaking out Resiliency Solutions in fiscal 2025, when it brought in $3.05M.
United States & Canada was Itron’s largest region in fiscal 2025, bringing in $1.93B of $2.37B (81%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States & Canada | $1.30B | $1.73B | $2.01B | $1.93B | |||||||||||||
| Segment, Geographical, Groups Of Countries, Group One | — | — | — | — | |||||||||||||
| Segment, Geographical, Groups Of Countries, Group Two | — | — | — | — | |||||||||||||
| Europe, Middle East, & Africa | $391.56M | $340.85M | $339.00M | $318.51M | |||||||||||||
| Emea | — | — | — | — | |||||||||||||
| Other Countries | — | — | — | — | |||||||||||||
| Asia Pacific | $101.77M | $99.10M | $94.80M | $121.21M | |||||||||||||
| Total | $1.80B | $2.17B | $2.44B | $2.37B |
Itron brought in $2.37B from its three regions in fiscal 2025, the year ended December 31, 2025. That was down 3.0% from $2.44B in fiscal 2024. United States & Canada was the largest at $1.93B (81.4%), ahead of Europe, Middle East, & Africa at $318.51M (13.5%) and Asia Pacific at $121.21M (5.1%).
Compared with fiscal 2024, Asia Pacific grew fastest, up 27.9% to $121.21M, while Europe, Middle East, & Africa fell the most, down 6.0% to $318.51M. From fiscal 2022 to 2025, combined revenue from these regions grew from $1.80B to $2.37B, a compound annual growth rate of 9.7%. United States & Canada's share of the total rose from 72.5% to 81.4%.
Product Revenues was Itron’s largest product and service line in fiscal 2025, bringing in $1.44B of $1.68B (86%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2024 | FY 2024 | FY 2024 | FY 2025 | FY 2025 | FY 2025 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product Revenues | $1.00B | $1.33B | $381.31M | $920.26M | $390.20M | $1.55B | $374.52M | $896.67M | $365.38M | $1.44B | ||||||
| Product | — | — | — | — | — | — | — | — | — | — | ||||||
| Service Revenues | $172.85M | $188.39M | $48.57M | $126.35M | $50.08M | $202.41M | $55.32M | $148.88M | $58.45M | $237.61M | ||||||
| Service | — | — | — | — | — | — | — | — | — | — | ||||||
| Total | $1.18B | $1.52B | $429.87M | $1.05B | $440.28M | $1.75B | $429.84M | $1.05B | $423.83M | $1.68B |
Itron brought in $1.68B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That is less than the $2.37B it reports by geography, so these lines do not cover all of its revenue. Product Revenues was the largest at $1.44B (85.9%), ahead of Service Revenues at $237.61M (14.1%).
Compared with fiscal 2025, Service Revenues grew 306.5% to $237.61M and Product Revenues grew 294.7% to $1.44B.
Itron (ITRI) reports its revenue by segment, by geography and by product and service. In fiscal 2025, Networked Solutions was its largest segment, bringing in $1.44B (67.8% of the total), followed by Device Solutions at $444.60M (20.9%).
Networked Solutions was Itron's largest segment in fiscal 2025, bringing in $1.44B, or 67.8% of the $2.13B total across its four segments.
United States & Canada was Itron's largest region in fiscal 2025, bringing in $1.93B, or 81.4% of the $2.37B total across its three regions.
Product Revenues was Itron's largest product and service line in fiscal 2025, bringing in $1.44B, or 85.9% of the $1.68B total across its two product and service lines.
Among Itron's regions that make up at least 2% of revenue, Asia Pacific grew fastest in fiscal 2025, up 27.9% from $94.80M to $121.21M.
Every figure comes from Itron's annual financial filings, as reported. Each line keeps the name Itron gives it, and years follow its fiscal calendar.
Itron's revenue by segment goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.