Itron, 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

101.54 3.32 +3.38%
Market cap
$4.3B
P/E
15.6×
Fwd P/E
17.4×
Dividend yield
—
F-score
6/9
Altman Z
2.50
Beneish M
−2.55
Dividend safety
n/a

Itron, Inc. (ITRI) Net margin

Alert me on Net margin

Itron, Inc.'s net margin over the twelve months to 30 September 2026 was 12.1%, down 0.7 percentage points from fiscal 2025 (12.7%). Over the past ten years it has ranged from −4.18% (fiscal 2018) to 12.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Scientific & Technical Instruments industry median of 1.92% and above the Technology sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 12.7% 2.92
FY2024 9.80% 5.34
FY2023 4.46% 5.00
FY2022 −0.54% 3.56
FY2021 −4.10% (1.43)
FY2020 −2.67% (4.63)
FY2019 1.96% 6.14
FY2018 −4.18% (7.02)
FY2017 2.84% 1.26
FY2016 1.58% 0.91

Quarterly newest first

Period Net margin Change (points)
Sep 2026 11.9% 2.45
Jun 2026 9.46% 0.35
Mar 2026 9.11% (8.67)
Dec 2025 17.8% 6.50
43 more quarters

Against its own ten years

Low −4.18% High 12.7%
Ten-year median 1.58%
Current reading's percentile 95

Net margin against peers

Company Net margin
ESE ESCO Technologies Inc. compare 24.4%
CGNX Cognex Corporation compare 16.1%
BMI Badger Meter, Inc. compare 14.4%
ITRI Itron, Inc. 12.1%
VNT Vontier Corporation compare 11.3%
MKSI MKS Inc. compare 10.1%
ST Sensata Technologies Holding N.V. compare 9.53%
NOVT Novanta Inc. compare 6.00%
TRMB Trimble Inc. compare −2.77%
Scientific & Technical Instruments industry median 1.92%
Technology sector median 0.00%
Market median 1.22%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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