Itron, Inc. (ITRI) stock
ITRINasdaqInstruments For Meas & Testing of Electricity & Elec SignalsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 27, 2026Score 16/3034% below fair value
$96.41−2.09 (-2.12%)
Close on Nov 12, 2026Market cap $4.23BP/E 15.6Yield –
Itron gross margin
Gross margin is gross profit as a percentage of revenue.
Itron's gross margin for the twelve months ending Sep 30, 2026 was 40.7%. For fiscal 2025 it was 37.7%, against 34.4% the year before. The highest annual figure on record is 37.7% in fiscal 2025.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 37.7% | +3.3 |
| FY2024 | Dec 31, 2024 | 34.4% | +1.5 |
| FY2023 | Dec 31, 2023 | 32.8% | +3.8 |
| FY2022 | Dec 31, 2022 | 29.1% | +0.2 |
| FY2021 | Dec 31, 2021 | 28.9% | +1.2 |
| FY2020 | Dec 31, 2020 | 27.7% | −2.4 |
| FY2019 | Dec 31, 2019 | 30.1% | −0.7 |
| FY2018 | Dec 31, 2018 | 30.7% | −2.8 |
| FY2017 | Dec 31, 2017 | 33.5% | +0.6 |
| FY2016 | Dec 31, 2016 | 32.9% | +3.4 |
| FY2015 | Dec 31, 2015 | 29.6% | −2.0 |
| FY2014 | Dec 31, 2014 | 31.5% | −0.2 |
| FY2013 | Dec 31, 2013 | 31.7% | −1.1 |
| FY2012 | Dec 31, 2012 | 32.8% | +2.2 |
| FY2011 | Dec 31, 2011 | 30.7% | −0.3 |
| FY2010 | Dec 31, 2010 | 31.0% | −0.8 |
| FY2009 | Dec 31, 2009 | 31.9% | −2.0 |
| FY2008 | Dec 31, 2008 | 33.9% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 40.9% | +3.1 |
| Q2 FY2026 | Jun 30, 2026 | 41.0% | +4.1 |
| Q1 FY2026 | Mar 31, 2026 | 40.3% | +4.5 |
| Q4 FY2025 | Dec 31, 2025 | 40.5% | +5.6 |
| Q3 FY2025 | Sep 30, 2025 | 37.7% | +3.7 |
| Q2 FY2025 | Jun 30, 2025 | 36.9% | +2.3 |
| Q1 FY2025 | Mar 31, 2025 | 35.8% | +1.7 |
| Q4 FY2024 | Dec 31, 2024 | 34.9% | +0.9 |
| Q3 FY2024 | Sep 30, 2024 | 34.1% | +0.7 |
| Q2 FY2024 | Jun 30, 2024 | 34.6% | +2.4 |
| Q1 FY2024 | Mar 31, 2024 | 34.0% | +2.4 |
| Q4 FY2023 | Dec 31, 2023 | 34.0% | +3.9 |
| Q3 FY2023 | Sep 30, 2023 | 33.4% | +4.9 |
| Q2 FY2023 | Jun 30, 2023 | 32.1% | +2.9 |
| Q1 FY2023 | Mar 31, 2023 | 31.6% | +3.2 |
| Q4 FY2022 | Dec 31, 2022 | 30.1% | +5.1 |
| Q3 FY2022 | Sep 30, 2022 | 28.5% | +0.8 |
| Q2 FY2022 | Jun 30, 2022 | 29.2% | −1.4 |
| Q1 FY2022 | Mar 31, 2022 | 28.4% | −3.7 |
| Q4 FY2021 | Dec 31, 2021 | 25.0% | −3.4 |
| Q3 FY2021 | Sep 30, 2021 | 27.7% | +1.2 |
| Q2 FY2021 | Jun 30, 2021 | 30.6% | +3.4 |
| Q1 FY2021 | Mar 31, 2021 | 32.2% | +3.5 |
| Q4 FY2020 | Dec 31, 2020 | 28.3% | +0.1 |
| Q3 FY2020 | Sep 30, 2020 | 26.5% | −4.9 |
| Q2 FY2020 | Jun 30, 2020 | 27.2% | −2.9 |
| Q1 FY2020 | Mar 31, 2020 | 28.7% | −1.8 |
| Q4 FY2019 | Dec 31, 2019 | 28.2% | −1.9 |
| Q3 FY2019 | Sep 30, 2019 | 31.5% | −1.6 |
| Q2 FY2019 | Jun 30, 2019 | 30.1% | −0.0 |
| Q1 FY2019 | Mar 31, 2019 | 30.5% | +0.9 |
| Q4 FY2018 | Dec 31, 2018 | 30.1% | −1.7 |
| Q3 FY2018 | Sep 30, 2018 | 33.1% | −1.0 |
| Q2 FY2018 | Jun 30, 2018 | 30.1% | −5.3 |
| Q1 FY2018 | Mar 31, 2018 | 29.6% | −3.4 |
| Q4 FY2017 | Dec 31, 2017 | 31.8% | +0.2 |
| Q3 FY2017 | Sep 30, 2017 | 34.1% | – |
| Q2 FY2017 | Jun 30, 2017 | 35.4% | – |
| Q1 FY2017 | Mar 31, 2017 | 33.0% | – |
| Q4 FY2016 | Dec 31, 2016 | 31.6% | – |
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