ITRIItron, Inc.

$85.61-29% 1Y

The financials

Itron, Inc. by the numbers

Itron, Inc. (ITRI) reported revenue of $563M in Q2 2026 (quarter ended Jun 30, 2026), down 7.2% from the same quarter a year earlier. That came with a gross margin of 41% and net income of $53M (9.5% of revenue). For the full year FY2025, revenue was $2.37B (−3.0% year on year) and net income $301M. Its largest segment in Q2 2026 was Networked Solutions at $309M, 68% of the disclosed total, well ahead of Device Solutions at 24%. The next results filing is expected around Oct 29, 2026, the same week as a year ago.

Itron, Inc. income statement, Q2 2026 against the same quarter a year earlier
Income statementQ2 2026Q2 2025Change
Revenue$563M$607M−7.2%
Gross profit$231M$224M+3.1%
Operating income$76M$76M−0.5%
Net income$53M$68M−22%
Diluted EPS$1.19$1.47−19%
Revenue by segment, Q2 2026, as reported to the SEC
OperatingRevenueShare
Networked Solutions$309M68%
Device Solutions$111M24%
Outcomes$33M7.3%
Resiliency Solutions$438K0.1%

Business segments

Revenue split by operating segment, from SEC XBRL filings.

Latest period: Jun 2026Total $453.5M (-5.1%)
Outcomes grew +28% year on yearNetworked Solutions -19% year on year
  • Networked Solutions$309.2Mquarter on quarter -3.7%year on year -19%
  • Device Solutions$110.9Mquarter on quarter -10%year on year -0.89%
  • Outcomes$32.9Mquarter on quarter +3.2%year on year +28%
  • Resiliency Solutions$438.0Kquarter on quarter -58%year on year n/a
Segment sum = 81% of reported consolidated revenue (partial disaggregation) · Latest source: 10-Q filed Jul 28, 2026, SEC EDGAR