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 16/3042% below fair value
$96.06−0.35 (-0.36%)
Close on Nov 13, 2026Market cap $4.21BP/E 15.5Yield –
Itron r&d expenses
Research and development expenses are spending on new products and technology.
Itron's R&D Expenses for the twelve months ending Sep 30, 2026 was $221.21M, up 4.2% year over year. For fiscal 2025 it was $207.04M, down 3.7% from the year before. Over ten years it grew 2.5% a year on average. The highest annual figure on record is $215.03M in fiscal 2024.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $207.04M | -3.7% |
| FY2024 | Dec 31, 2024 | $215.03M | +3.0% |
| FY2023 | Dec 31, 2023 | $208.69M | +12.7% |
| FY2022 | Dec 31, 2022 | $185.10M | -6.2% |
| FY2021 | Dec 31, 2021 | $197.24M | +1.6% |
| FY2020 | Dec 31, 2020 | $194.10M | -4.0% |
| FY2019 | Dec 31, 2019 | $202.20M | -2.7% |
| FY2018 | Dec 31, 2018 | $207.91M | +22.7% |
| FY2017 | Dec 31, 2017 | $169.41M | +1.0% |
| FY2016 | Dec 31, 2016 | $167.77M | +3.3% |
| FY2015 | Dec 31, 2015 | $162.33M | -7.5% |
| FY2014 | Dec 31, 2014 | $175.50M | +0.0% |
| FY2013 | Dec 31, 2013 | $175.42M | -1.8% |
| FY2012 | Dec 31, 2012 | $178.65M | +10.8% |
| FY2011 | Dec 31, 2011 | $161.31M | +15.9% |
| FY2010 | Dec 31, 2010 | $139.17M | +13.8% |
| FY2009 | Dec 31, 2009 | $122.31M | +1.3% |
| FY2008 | Dec 31, 2008 | $120.70M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $56.96M | +13.8% |
| Q2 FY2026 | Jun 30, 2026 | $56.14M | +4.3% |
| Q1 FY2026 | Mar 31, 2026 | $55.00M | +9.8% |
| Q4 FY2025 | Dec 31, 2025 | $53.11M | -9.0% |
| Q3 FY2025 | Sep 30, 2025 | $50.03M | -2.4% |
| Q2 FY2025 | Jun 30, 2025 | $53.81M | +1.4% |
| Q1 FY2025 | Mar 31, 2025 | $50.09M | -4.4% |
| Q4 FY2024 | Dec 31, 2024 | $58.34M | +8.2% |
| Q3 FY2024 | Sep 30, 2024 | $51.24M | -0.8% |
| Q2 FY2024 | Jun 30, 2024 | $53.05M | -0.9% |
| Q1 FY2024 | Mar 31, 2024 | $52.40M | +5.7% |
| Q4 FY2023 | Dec 31, 2023 | $53.92M | +15.6% |
| Q3 FY2023 | Sep 30, 2023 | $51.64M | +17.9% |
| Q2 FY2023 | Jun 30, 2023 | $53.56M | +18.9% |
| Q1 FY2023 | Mar 31, 2023 | $49.57M | -0.1% |
| Q4 FY2022 | Dec 31, 2022 | $46.63M | -6.5% |
| Q3 FY2022 | Sep 30, 2022 | $43.82M | -6.5% |
| Q2 FY2022 | Jun 30, 2022 | $45.06M | -7.6% |
| Q1 FY2022 | Mar 31, 2022 | $49.60M | -4.1% |
| Q4 FY2021 | Dec 31, 2021 | $49.86M | +10.5% |
| Q3 FY2021 | Sep 30, 2021 | $46.89M | +1.4% |
| Q2 FY2021 | Jun 30, 2021 | $48.76M | -0.5% |
| Q1 FY2021 | Mar 31, 2021 | $51.73M | -3.8% |
| Q4 FY2020 | Dec 31, 2020 | $45.10M | -12.7% |
| Q3 FY2020 | Sep 30, 2020 | $46.22M | -8.7% |
| Q2 FY2020 | Jun 30, 2020 | $48.99M | -0.9% |
| Q1 FY2020 | Mar 31, 2020 | $53.78M | +6.5% |
| Q4 FY2019 | Dec 31, 2019 | $51.65M | +13.2% |
| Q3 FY2019 | Sep 30, 2019 | $50.61M | +7.1% |
| Q2 FY2019 | Jun 30, 2019 | $49.45M | -9.7% |
| Q1 FY2019 | Mar 31, 2019 | $50.49M | -16.2% |
| Q4 FY2018 | Dec 31, 2018 | $45.61M | +5.7% |
| Q3 FY2018 | Sep 30, 2018 | $47.24M | +11.3% |
| Q2 FY2018 | Jun 30, 2018 | $54.78M | +27.3% |
| Q1 FY2018 | Mar 31, 2018 | $60.28M | +47.9% |
| Q4 FY2017 | Dec 31, 2017 | $43.16M | +8.8% |
| Q3 FY2017 | Sep 30, 2017 | $42.46M | – |
| Q2 FY2017 | Jun 30, 2017 | $43.02M | – |
| Q1 FY2017 | Mar 31, 2017 | $40.77M | – |
| Q4 FY2016 | Dec 31, 2016 | $39.68M | – |
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