15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $2.4B | $301M | 37.7% | 13.2% | $383M | $1.3B | $1.0B |
| 2024 | $2.4B | $239M | 34.4% | 10.8% | $208M | $1.3B | $1.1B |
| 2023 | $2.2B | $97M | 32.8% | 5.9% | $98M | $460M | $302M |
| 2022 | $1.8B | -$10M | 29.1% | -0.4% | $5M | $460M | $202M |
| 2021 | $2.0B | -$81M | 28.9% | -4.0% | $120M | $460M | $163M |
| 2020 | $2.2B | -$58M | 27.7% | -0.5% | $63M | $936M | $207M |
| 2019 | $2.5B | $49M | 30.1% | 5.3% | $112M | $950M | $150M |
| 2018 | $2.4B | -$99M | 30.7% | -2.1% | $50M | $638M | $122M |
| 2017 | $2.0B | $57M | 33.5% | 7.7% | $142M | $319M | $176M |
| 2016 | $2.0B | $32M | 32.9% | 5.0% | — | $305M | $134M |
| 2015 | — | $13M | — | — | — | $371M | $131M |
| 2014 | — | -$24M | — | — | — | $324M | $112M |
| 2013 | — | -$153M | — | — | — | $379M | $125M |
| 2012 | — | $108M | — | — | $155M | $418M | $136M |
| 2011 | — | -$510M | — | — | $192M | $453M | $133M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $587M | $53M | 40.3% | 11.5% | $79M | $1.6B | $713M |
| Dec '25 | $572M | $102M | 40.5% | 13.8% | $112M | $1.3B | $1.0B |
| Sep '25 | $582M | $66M | 37.7% | 14.1% | $113M | $1.3B | $1.3B |
| Jun '25 | $607M | $68M | 36.9% | 12.6% | $91M | $1.3B | $1.2B |
| Mar '25 | $607M | $65M | 35.8% | 12.6% | $67M | $1.3B | $1.1B |
| Dec '24 | $613M | $58M | 34.9% | 10.2% | $70M | $1.3B | $1.1B |
| Sep '24 | $615M | $78M | 34.1% | 12.0% | $59M | $1.3B | $983M |
| Jun '24 | $609M | $51M | 34.6% | 10.6% | $45M | $1.3B | $921M |
| Mar '24 | $603M | $52M | 34.0% | 10.4% | $34M | $460M | $301M |
| Dec '23 | $577M | $44M | 34.0% | 8.5% | $39M | $460M | $302M |
| Sep '23 | $561M | $40M | 33.4% | 9.8% | $28M | $460M | $255M |
| Jun '23 | $541M | $24M | 32.1% | 6.5% | $36M | $460M | $233M |
| Mar '23 | $495M | -$12M | 31.6% | -2.1% | -$5M | $460M | $196M |
| Dec '22 | $467M | $22M | 30.1% | 2.6% | -$18M | $460M | $202M |
| Sep '22 | $421M | $4M | 28.5% | 1.6% | $11M | $460M | $215M |
| Jun '22 | $432M | -$37M | 29.2% | -7.8% | $10M | $460M | $209M |
| Mar '22 | $475M | $906000 | 28.4% | 1.4% | $2M | $460M | $204M |
| Dec '21 | $486M | -$59M | 25.0% | -22.1% | $7M | $460M | $163M |
| Sep '21 | $487M | -$2M | 27.7% | 0.9% | $11M | $460M | $189M |
| Jun '21 | $489M | -$33M | 30.6% | -1.4% | $64M | $491M | $207M |
How the market has priced ITRI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Itron, Inc.'s revenue has grown 1.7% per year. These are computed facts, not advice.
As of FY2025, Itron, Inc. reported $1.3B of total debt against $1.0B of cash; operating income covered interest expense 14×.
In FY2025, gross margin was 37.7%, operating margin 13.2%, and net margin 12.7%.
As of Jun '26, Itron, Inc. traded at a price-to-earnings ratio of about 12.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.