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 operating margin
Operating margin is operating income as a percentage of revenue.
Itron's operating margin for the twelve months ending Sep 30, 2026 was 13.7%. For fiscal 2025 it was 13.2%, against 10.8% the year before. The highest annual figure on record is 13.2% in fiscal 2025.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 13.2% | +2.4 |
| FY2024 | Dec 31, 2024 | 10.8% | +4.9 |
| FY2023 | Dec 31, 2023 | 5.9% | +6.3 |
| FY2022 | Dec 31, 2022 | -0.4% | +3.6 |
| FY2021 | Dec 31, 2021 | -4.0% | −3.5 |
| FY2020 | Dec 31, 2020 | -0.5% | −5.8 |
| FY2019 | Dec 31, 2019 | 5.3% | +7.4 |
| FY2018 | Dec 31, 2018 | -2.1% | −9.8 |
| FY2017 | Dec 31, 2017 | 7.7% | +2.7 |
| FY2016 | Dec 31, 2016 | 5.0% | +2.2 |
| FY2015 | Dec 31, 2015 | 2.8% | +2.8 |
| FY2014 | Dec 31, 2014 | 0.0% | +7.2 |
| FY2013 | Dec 31, 2013 | -7.2% | −14.2 |
| FY2012 | Dec 31, 2012 | 6.9% | +25.8 |
| FY2011 | Dec 31, 2011 | -18.9% | −27.0 |
| FY2010 | Dec 31, 2010 | 8.2% | +5.5 |
| FY2009 | Dec 31, 2009 | 2.7% | −3.1 |
| FY2008 | Dec 31, 2008 | 5.8% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 15.9% | +1.9 |
| Q2 FY2026 | Jun 30, 2026 | 13.5% | +0.9 |
| Q1 FY2026 | Mar 31, 2026 | 11.5% | −1.0 |
| Q4 FY2025 | Dec 31, 2025 | 13.8% | +3.5 |
| Q3 FY2025 | Sep 30, 2025 | 14.1% | +2.0 |
| Q2 FY2025 | Jun 30, 2025 | 12.6% | +2.0 |
| Q1 FY2025 | Mar 31, 2025 | 12.6% | +2.1 |
| Q4 FY2024 | Dec 31, 2024 | 10.2% | +1.7 |
| Q3 FY2024 | Sep 30, 2024 | 12.0% | +2.2 |
| Q2 FY2024 | Jun 30, 2024 | 10.6% | +4.1 |
| Q1 FY2024 | Mar 31, 2024 | 10.4% | +12.5 |
| Q4 FY2023 | Dec 31, 2023 | 8.5% | +5.9 |
| Q3 FY2023 | Sep 30, 2023 | 9.8% | +8.2 |
| Q2 FY2023 | Jun 30, 2023 | 6.5% | +14.3 |
| Q1 FY2023 | Mar 31, 2023 | -2.1% | −3.5 |
| Q4 FY2022 | Dec 31, 2022 | 2.6% | +24.8 |
| Q3 FY2022 | Sep 30, 2022 | 1.6% | +0.8 |
| Q2 FY2022 | Jun 30, 2022 | -7.8% | −6.3 |
| Q1 FY2022 | Mar 31, 2022 | 1.4% | −4.5 |
| Q4 FY2021 | Dec 31, 2021 | -22.1% | −28.3 |
| Q3 FY2021 | Sep 30, 2021 | 0.9% | +5.3 |
| Q2 FY2021 | Jun 30, 2021 | -1.4% | +7.5 |
| Q1 FY2021 | Mar 31, 2021 | 6.0% | +1.5 |
| Q4 FY2020 | Dec 31, 2020 | 6.2% | +1.6 |
| Q3 FY2020 | Sep 30, 2020 | -4.4% | −10.8 |
| Q2 FY2020 | Jun 30, 2020 | -8.9% | −15.8 |
| Q1 FY2020 | Mar 31, 2020 | 4.4% | +1.0 |
| Q4 FY2019 | Dec 31, 2019 | 4.6% | −0.3 |
| Q3 FY2019 | Sep 30, 2019 | 6.3% | −0.7 |
| Q2 FY2019 | Jun 30, 2019 | 6.9% | +3.3 |
| Q1 FY2019 | Mar 31, 2019 | 3.4% | +26.5 |
| Q4 FY2018 | Dec 31, 2018 | 4.9% | −3.9 |
| Q3 FY2018 | Sep 30, 2018 | 7.0% | −0.9 |
| Q2 FY2018 | Jun 30, 2018 | 3.5% | −4.0 |
| Q1 FY2018 | Mar 31, 2018 | -23.1% | −29.6 |
| Q4 FY2017 | Dec 31, 2017 | 8.8% | +1.6 |
| Q3 FY2017 | Sep 30, 2017 | 7.9% | – |
| Q2 FY2017 | Jun 30, 2017 | 7.5% | – |
| Q1 FY2017 | Mar 31, 2017 | 6.5% | – |
| Q4 FY2016 | Dec 31, 2016 | 7.2% | – |
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