stockrowItron, Inc.
ITRI Technology Scientific & Technical Instruments
Itron, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.4 billion, down 3.02% from fiscal 2024.
- Revenue
- +3.04%
- EPS
- +13.8%
- Free cash flow
- −15.8%
- Total debt
- +26.5%
Quarter to September 2026, against a year earlier
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Itron, Inc. (ITRI) Gross margin
Itron, Inc.'s gross margin over the twelve months to 30 September 2026 was 40.7%, up 3.0 percentage points from fiscal 2025 (37.7%). Over the past ten years it has ranged from 27.7% (fiscal 2020) to 37.7% (fiscal 2025) — the current reading is the highest in ten years. That is below the Scientific & Technical Instruments industry median of 47.0% and below the Technology sector median of 47.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 37.7% | 3.30 |
| FY2024 | 34.4% | 1.55 |
| FY2023 | 32.8% | 3.76 |
| FY2022 | 29.1% | 0.16 |
| FY2021 | 28.9% | 1.21 |
| FY2020 | 27.7% | (2.35) |
| FY2019 | 30.1% | (0.68) |
| FY2018 | 30.7% | (2.79) |
| FY2017 | 33.5% | 0.62 |
| FY2016 | 32.9% | 3.35 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 40.9% | (0.11) |
| Jun 2026 | 41.0% | 0.71 |
| Mar 2026 | 40.3% | (0.28) |
| Dec 2025 | 40.5% | 2.79 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| TRMB Trimble Inc. compare | 69.8% |
| CGNX Cognex Corporation compare | 68.9% |
| VNT Vontier Corporation compare | 47.2% |
| MKSI MKS Inc. compare | 47.0% |
| NOVT Novanta Inc. compare | 44.5% |
| ESE ESCO Technologies Inc. compare | 42.0% |
| BMI Badger Meter, Inc. compare | 41.6% |
| ITRI Itron, Inc. | 40.7% |
| ST Sensata Technologies Holding N.V. compare | 30.8% |
| Scientific & Technical Instruments industry median | 47.0% |
| Technology sector median | 47.1% |
| Market median | 46.4% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Net margin
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- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
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