ITRI · XBRL financial data

Itron financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (ITRI's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	2,173	1,982	1,796	2,174	2,441	2,367
Cost of goods and services sold	1,571	1,408	1,273	1,460	1,602	1,475
Gross profit	602	573	522	714	839	892
Research and development	194	197	185	209	215	207
Selling, general and administrative	277	301	290	313	339	353
Total operating expenses	613	652	530	585	575	579
Operating income (loss)	(10)	(79)	(7)	129	264	313
Interest income	3	2	3	9	35	48
Interest expense	44	29	7	8	15	22
Other income (expense)	(5)	(17)	(4)	(2)	1	3
Income tax expense (benefit)	0	(46)	(6)	29	43	39
Net income (loss)	(58)	(81)	(10)	97	239	301
Earnings per share, basic USD per share	(1.44)	(1.83)	(0.22)	2.13	5.27	6.62
Earnings per share, diluted USD per share	(1.44)	(1.83)	(0.22)	2.11	5.18	6.50
Weighted average shares, basic millions of shares	40	44	45	45	45	45
Weighted average shares, diluted millions of shares	40	44	45	46	46	46

Fiscal years (ITRI's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	207	163	202	302	1,051	1,020
Accounts receivable	318	261	250	273	295	342
Inventory	182	166	229	284	271	243
Total current assets	930	750	830	1,049	1,816	1,822
Property and equipment, net	208	163	140	129	115	112
Right-of-use asset	76	66	53	41	29	29
Goodwill	1,132	1,099	1,039	1,053	1,052	1,345
Total assets	2,607	2,394	2,378	2,604	3,408	3,721
Accounts payable	216	193	237	200	145	156
Current portion of long-term debt	18	0	—	—	0	460
Total current liabilities	550	501	499	537	528	1,012
Long-term debt	903	450	453	455	1,242	789
Lease liability, non-current	67	57	44	33	25	20
Total liabilities	1,767	1,251	1,187	1,273	1,996	1,983
Retained earnings (accumulated deficit)	(434)	(516)	(525)	(428)	(189)	112
Total stockholders' equity	817	1,116	1,168	1,311	1,391	1,717
Total liabilities and equity	2,607	2,394	2,378	2,604	3,408	3,721
Common shares outstanding (cover page) millions of shares	40	45	45	46	45	45

Fiscal years (ITRI's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(58)	(81)	(10)	97	239	301
Stock-based compensation	25	24	22	28	44	62
Depreciation and amortization	97	84	67	56	56	50
Net cash from operating activities	110	155	25	125	238	406
Purchases of property and equipment	46	35	20	27	31	23
Net cash from investing activities	(41)	(35)	41	(23)	(63)	(350)
Proceeds from issuing common stock	9	5	3	4	8	7
Share repurchases	0	8	17	0	100	100
Repayments of long-term debt	414	946	0	0	—	—
Net cash from financing activities	(12)	(153)	(19)	(4)	580	(97)
Net change in cash	57	(44)	39	100	749	(31)

SIC 3825 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3825 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Itron	840	599	102*	43.9M	—	Q3 FY26 10-QSep 30, 2026
Bio-Rad Laboratories	517	651	99*	not reported	—	Q2 FY26 10-QJun 30, 2026
Vontier	266	757	116*	135.2M	—	Q2 FY26 10-QJul 3, 2026
MKS	454	1,248	243*	67.6M	—	Q2 FY26 10-QJun 30, 2026
Cognex	303	291	69*	168.2M	—	Q2 FY26 10-QJul 5, 2026
Badger Meter	68	236	43*	28.6M	—	Q3 FY26 10-QSep 30, 2026
Mirion Technologies	409	278	59*	not reported	—	Q3 FY26 10-QSep 30, 2026
Sensata Technologies Holding	553	1,004	225*	145.6M	—	Q3 FY26 10-QSep 30, 2026
Bruker	185	839	(77)*	152.4M	2.4 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.