ITRON, INC.
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ITRI FY 2025 request
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/api/financials?ticker=ITRI&year=2025&quarter=4&full_year_mode=true
Pick an endpoint and run the request.Income Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Revenue | 2,367,194 | 2,440,837 | -3.0% |
Show Product Lines breakouts |
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| Product | 2,008,976 | 2,131,379 | -5.7% |
| Product · Device Solutions | 444,598 | 473,329 | -6.1% |
| Product · Material Reconciling Items | 2,008,976 | 2,131,379 | -5.7% |
| Product · Networked Solutions | 1,442,243 | 1,546,278 | -6.7% |
| Product · Outcomes | 122,135 | 111,772 | +9.3% |
| Service | 358,218 | 309,458 | +15.8% |
| Service · Device Solutions | 2,483 | 3,248 | -23.6% |
| Service · Material Reconciling Items | 358,218 | 309,458 | +15.8% |
| Service · Networked Solutions | 115,078 | 103,797 | +10.9% |
| Service · Outcomes | 237,608 | 202,413 | +17.4% |
| Service · Resiliency Solutions | 3,049 | — | — |
Show Business Segments breakouts |
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| Device Solutions · Operating Segments | 447,081 | 476,577 | -6.2% |
| Networked Solutions · Operating Segments | 1,557,321 | 1,650,075 | -5.6% |
| Outcomes · Operating Segments | 359,743 | 314,185 | +14.5% |
| Resiliency Solutions · Operating Segments | 3,049 | — | — |
Show Geography breakouts |
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| Asia Pacific | 121,209 | 94,795 | +27.9% |
| EMEA | 318,510 | 338,997 | -6.0% |
| United States and Canada | 1,927,475 | 2,007,045 | -4.0% |
Show Consolidation Items breakouts |
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| Material Reconciling Items | 2,367,194 | 2,440,837 | -3.0% |
| Cost of Revenue | 1,475,076 | 1,601,520 | -7.9% |
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| Product | 1,292,329 | 1,429,942 | -9.6% |
| Service | 182,747 | 171,578 | +6.5% |
Show Business Segments breakouts |
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| Device Solutions · Operating Segments | 307,682 | 353,113 | -12.9% |
| Networked Solutions · Operating Segments | 948,745 | 1,052,295 | -9.8% |
| Outcomes · Operating Segments | 216,839 | 196,112 | +10.6% |
| Resiliency Solutions · Operating Segments | 732 | — | — |
| Gross Profit | 892,118 | 839,317 | +6.3% |
| Selling, General & Administrative | 352,965 | 339,069 | +4.1% |
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| Device Solutions · Operating Segments | 13,283 | 13,627 | -2.5% |
| Networked Solutions · Operating Segments | 27,929 | 27,676 | +0.9% |
| Outcomes · Operating Segments | 16,921 | 15,826 | +6.9% |
| Resiliency Solutions · Operating Segments | 1,000 | — | — |
| Research & Development | 207,041 | 215,034 | -3.7% |
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| Device Solutions · Operating Segments | 17,399 | 16,315 | +6.6% |
| Networked Solutions · Operating Segments | 108,247 | 113,442 | -4.6% |
| Outcomes · Operating Segments | 48,991 | 50,517 | -3.0% |
| Resiliency Solutions · Operating Segments | 1,426 | — | — |
| Amortization Of Intangible Assets | 18,034 | 17,828 | +1.2% |
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| Corporate Non Segment | -1,078 | — | — |
| Gain Loss On Restructuring | 931 | 2,679 | -65.2% |
| Gain Loss On Sale Of Other Assets | 79 | 597 | -86.8% |
| Operating Expenses | 579,050 | 575,207 | +0.7% |
| Operating Income | 313,068 | 264,110 | +18.5% |
Show Business Segments breakouts |
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| Device Solutions · Operating Segments | 108,717 | 93,522 | +16.2% |
| Networked Solutions · Operating Segments | 472,400 | 456,662 | +3.4% |
| Outcomes · Operating Segments | 76,992 | 51,730 | +48.8% |
| Resiliency Solutions · Operating Segments | -109 | — | — |
Show Consolidation Items breakouts |
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| Material Reconciling Items | 658,000 | 601,914 | +9.3% |
| Interest Income | 48,376 | 34,577 | +39.9% |
| Interest Expense | -22,451 | -15,379 | -46.0% |
| Other Non-Operating Income (Expense) | 3,274 | 1,223 | +167.7% |
| Non-Operating Income (Expense) | 29,199 | 20,421 | +43.0% |
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| Corporate Non Segment | 29,199 | 20,421 | +43.0% |
| Income Before Taxes | 342,267 | 284,531 | +20.3% |
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| Corporate Non Segment | 342,267 | 284,531 | +20.3% |
| Income Tax Expense (Benefit) | -38,932 | -43,407 | +10.3% |
| Net Income | 303,335 | 241,124 | +25.8% |
Show Equity Components breakouts |
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| Noncontrolling Interest | 2,280 | 2,019 | +12.9% |
| Parent | 301,055 | 239,105 | +25.9% |
| Retained Earnings | 301,055 | 239,105 | +25.9% |
| Net Income Loss Attributable To Noncontrolling Interest | 2,280 | 2,019 | +12.9% |
| Net Income | 301,055 | 239,105 | +25.9% |
| EPS (Basic) | 6.62 | 5.27 | +25.6% |
| EPS (Diluted) | 6.5 | 5.18 | +25.5% |
| Wtd Avg Shares (Basic) | 45,492 | 45,368 | +0.3% |
| Wtd Avg Shares (Diluted) | 46,323 | 46,187 | +0.3% |
| Comprehensive Income | 354,481 | 210,364 | +68.5% |
| Other Comprehensive Income | 53,426 | -28,741 | +285.9% |
Balance Sheet
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 1,020,397 | 1,051,237 | -2.9% |
| Receivables Net Current | 367,794 | 350,473 | +4.9% |
| Inventory | 242,886 | 270,725 | -10.3% |
| Other Assets Current | 191,241 | 143,457 | +33.3% |
| Total Current Assets | 1,822,318 | 1,815,892 | +0.4% |
| Accounts Receivable | 342,491 | 295,341 | +16.0% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 112,193 | 115,428 | -2.8% |
Show Geography breakouts |
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| Non Us | 42,871 | 41,550 | +3.2% |
| US | 69,322 | 73,878 | -6.2% |
| Deferred Tax Assets | 265,183 | 310,280 | -14.5% |
| Other Non-Current Assets | 63,352 | 41,827 | +51.5% |
| Operating Lease Right-of-Use Assets | 29,341 | 28,957 | +1.3% |
| Goodwill | 1,344,983 | 1,052,130 | +27.8% |
Show Business Segments breakouts |
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| Networked Solutions | 927,720 | 894,819 | +3.7% |
| Outcomes | 162,326 | 157,311 | +3.2% |
| Resiliency Solutions | 254,937 | — | — |
| Total Assets | 3,720,707 | 3,407,623 | +9.2% |
| Intangible Assets | 83,337 | 43,109 | +93.3% |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Customer Relationships | 59,944 | 30,303 | +97.8% |
| Developed Technology Rights | 21,175 | 11,387 | +86.0% |
| Trademarks And Trade Names | 2,218 | 1,419 | +56.3% |
| Other Assets | |||
| Intangible Assets Net Excluding Goodwill | 83,337 | 43,109 | +93.3% |
| Current Liabilities | |||
| Accounts Payable | 156,288 | 144,929 | +7.8% |
| Other Liabilities Current | 58,864 | 61,241 | -3.9% |
| Employee Related Liabilities Current | 122,245 | 137,384 | -11.0% |
| Taxes Payable Current | 16,618 | 19,689 | -15.6% |
| Current Portion of Long-Term Debt | 459,522 | — | — |
| Standard Product Warranty Accrual Current | 10,868 | 14,302 | -24.0% |
| Deferred Revenue | 187,822 | 150,720 | +24.6% |
| Total Current Liabilities | 1,012,227 | 528,265 | +91.6% |
| Non-Current Liabilities | |||
| Long-Term Debt | 788,805 | 1,242,424 | -36.5% |
Show Long-Term Debt Type breakouts |
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| Secured Debt | 788,805 | 1,242,424 | -36.5% |
| Standard Product Warranty Accrual Noncurrent | 7,350 | 7,839 | -6.2% |
| Defined Benefit Pension Plan Liabilities Noncurrent | 61,998 | 59,537 | +4.1% |
| Deferred Tax Liabilities | 623 | 565 | +10.3% |
| Operating Lease Liabilities | 19,623 | 25,350 | -22.6% |
| Other Non-Current Liabilities | 91,885 | 132,215 | -30.5% |
| Total Liabilities | 1,982,511 | 1,996,195 | -0.7% |
| Long-Term Debt | 1,265,000 | — | — |
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| Secured Debt | 1,265,000 | 1,265,000 | 0.0% |
| Stockholders' Equity | |||
| Common Stock | 1,661,350 | 1,689,835 | -1.7% |
| Accumulated Other Comprehensive Income | -56,505 | -109,931 | +48.6% |
| Retained Earnings | 111,751 | -189,304 | +159.0% |
| Total Stockholders' Equity | 1,716,596 | 1,390,600 | +23.4% |
| Minority Interest | 21,600 | 20,828 | +3.7% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 1,738,196 | 1,411,428 | +23.2% |
Show Equity Components breakouts |
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| Accumulated Defined Benefit Plans Adjustment | 4,688 | 2,215 | +111.6% |
| Accumulated Gain Loss Net Cash Flow Hedge Parent | -210 | -210 | 0.0% |
| Accumulated Other Comprehensive Income | -56,505 | -109,931 | +48.6% |
| Accumulated Translation Adjustment | -46,603 | -97,556 | +52.2% |
| Aoci Including Portion Attributable To Noncontrolling Interest | -56,505 | -109,931 | +48.6% |
| Common Stock Including Additional Paid In Capital | 1,661,350 | 1,689,835 | -1.7% |
| Net Unrealized Gain (Loss) on Nonderivative Instruments | -14,380 | -14,380 | 0.0% |
| Noncontrolling Interest | 21,600 | 20,828 | +3.7% |
| Parent | 1,716,596 | 1,390,600 | +23.4% |
| Retained Earnings | 111,751 | -189,304 | +159.0% |
| Total Liabilities & Equity | 3,720,707 | 3,407,623 | +9.2% |
| Common Stock Shares Authorized | 150,000 | 75,000 | +100.0% |
Cash Flow Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation & Amortization | 49,517 | 56,277 | -12.0% |
Show Business Segments breakouts |
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| Device Solutions · Operating Segments | 8,994 | 12,145 | -25.9% |
| Networked Solutions · Operating Segments | 13,876 | 16,545 | -16.1% |
| Outcomes · Operating Segments | 5,817 | 6,372 | -8.7% |
| Resiliency Solutions · Operating Segments | 476 | — | — |
Show Consolidation Items breakouts |
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| Corporate Non Segment | 20,354 | 21,215 | -4.1% |
| Operating Lease Right Of Use Asset Amortization Expense | 11,915 | 20,597 | -42.2% |
| Stock-Based Compensation | 62,449 | 43,874 | +42.3% |
| Amortization of Financing Costs | 7,077 | 5,489 | +28.9% |
| Increase Decrease In Deferred Income Taxes | 64,945 | -38,791 | +267.4% |
| Gain Loss On Sale Of Business | 79 | 597 | -86.8% |
| Restructuring Costs | -25 | -191 | +86.9% |
| Other Non-Cash Items | -2,237 | -895 | -149.9% |
| Change in Accounts Receivable | -4,215 | -49,138 | +91.4% |
| Change in Inventory | 32,682 | 5,969 | +447.5% |
| Increase Decrease In Other Current Assets | -43,120 | 15,165 | -384.3% |
| Increase Decrease In Other Noncurrent Assets | -13,125 | -6,789 | -93.3% |
| Increase Decrease In Accounts Payable And Accrued Liabilities | 6,276 | -35,388 | +117.7% |
| Increase Decrease In Employee Related Liabilities | -18,623 | 3,784 | -592.2% |
| Increase Decrease In Deferred Revenue | 28,624 | 29,319 | -2.4% |
| Increase Decrease In Warranty | -4,436 | 210 | -2212.4% |
| Increase Decrease In Restructuring Reserve | -22,427 | -31,011 | +27.7% |
| Increase Decrease In Other Operating Capital Net | -52,739 | -22,027 | -139.4% |
| Net Cash from Operations | 405,952 | 238,175 | +70.4% |
| Deferred Income Taxes | 59,732 | -37,194 | +260.6% |
| Investing Activities | |||
| Proceeds From Divestiture Of Businesses Net Of Cash Divested | 278 | 405 | -31.4% |
| Capital Expenditures | -22,891 | -30,562 | +25.1% |
| Payments To Acquire Businesses Net Of Cash Acquired | -325,044 | -34,105 | -853.1% |
| Other Investing Activities | -1,995 | 850 | -334.7% |
| Net Cash from Investing | -349,652 | -63,412 | -451.4% |
| Financing Activities | |||
| Proceeds From Issuance Of Common Stock | 7,320 | 8,321 | -12.0% |
| Share Repurchases | -100,000 | -100,000 | 0.0% |
| Debt Issuance Costs | -2,213 | -21,872 | +89.9% |
| Proceeds From Payments For Other Financing Activities | -2,569 | -2,879 | +10.8% |
| Net Cash from Financing | -97,462 | 579,573 | -116.8% |
| Supplemental | |||
| Income Taxes Paid | 56,316 | 80,172 | -29.8% |
| Interest Paid | 13,154 | 1,342 | +880.2% |
| Other Cash Flow | |||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 10,322 | -5,148 | +300.5% |
| Net Change in Cash | -30,840 | 749,188 | -104.1% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 1,020,397 | 1,051,237 | -2.9% |
Values in thousands USD. Source: SEC EDGAR 10-K filing.