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Itron, Inc. (ITRI) company profile

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 –

About Itron

Instruments For Meas & Testing of Electricity & Elec Signals, SIC 3825

Itron delivers intelligent infrastructure solutions, including smart meters, sensors, communication networks, and analytics software, to help utilities and municipalities efficiently manage energy and water resources. The enterprise divides its operations into four reporting segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solutions. These divisions encompass standard and communicating measurement hardware, end-to-end connected network systems, software analytics driven by machine learning, and predictive incident management tools. Its core customer base consists of electric, gas, and water utility providers alongside smart city administrators.

Operating across a global footprint, the company maintains manufacturing facilities throughout the world and serves customers via direct and indirect distribution channels. As of late 2025, the total workforce comprises 5,550 individuals, including 4,987 permanent staff members distributed across the Americas, the Asia Pacific region, Europe, the Middle East, and Africa. The provided annual report text does not state the location of the corporate headquarters.

Summary of the business section of Itron's latest annual report, written by StockData.

Company profile

Company

Legal name
Itron, Inc.
Founded
1977
Headquarters
Liberty Lake, WA
Address
2111 N Molter Road 99019
Phone
(509) 924-9900
Website
itron.com
Employees
5,550, Dec 31, 2025
Industry
Instruments For Meas & Testing of Electricity & Elec Signals
Incorporated in
Washington
Fiscal year ends
December 31
Auditor
Deloitte & Touche LLP, Seattle, Washington

Stock & identifiers

Ticker
ITRI
Exchange
Nasdaq
IPO date
Nov 5, 1993
Shares outstanding
44M, Oct 23, 2026
Public float
$5.94B, Jun 30, 2025
Filer category
Large accelerated filer
SEC CIK
780571
CUSIP
465741106
ISIN
US4657411066
FIGI
BBG000BD2167
Share class FIGI
BBG001S6DJQ9
LEI
24F6LSZD18II6ICG6S41
EIN
91-1011792

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Thomas DeitrichPresident & CEO, Director392,009
David Marshall WrightVP, Corp. Controller & CAO7,341
Justin K. PatrickSVP, Device Solutions24,392
Donald L. Reeves IIISVP, Outcomes27,662
Christopher E. WareSVP, GC & Corp. Secretary29,916
Laurie Ann Pulatie-HahnSVP, HR31,930
John F. MarcoliniSVP, Networked Solutions12,683
Joan S. HooperSVP & CFO118,440
Sanjay MirchandaniDirector7,432
Sheri SavageDirector2,995
Santiago PerezDirector13,127
Scott D. DruryDirector2,952
Frank M. JaehnertDirector23,726
Timothy M. LeydenDirector16,496
Jerome J. LandeDirector11,373
Mary C. HemmingsenDirector952

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$11.21M$11.38M$2.60M$97$110
FY2024$9.40M$25.61M$2.31M$113$89
FY2023$6.17M$14.99M$1.72M$79$79
FY2022$3.90M$2.22M$1.17M$53$72
FY2021$4.54M$1.54M$1.71M$71$100
FY2020$3.64M$3.85M$1.31M$114$132

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryBonusStock awardsIncentive payOtherTotalvs. prior year
Thomas L. Deitrich
President and CEO
$1.00M$100$8.90M$1.29M$15.75K$11.21M+19%
Joan S. Hooper
Senior Vice President and CFO
$572.00K–$2.56M$450.10K$52.22K$3.63M+10%
Donald L. Reeves
Senior Vice President, Outcomes
$489.00K$800$1.41M$384.75K$15.75K$2.30M+14%
John F. Marcolini
Senior Vice President, Networked Solutions
$478.00K$2.60K$1.43M$376.21K$15.75K$2.30M+11%
Justin K. Patrick
Senior Vice President, Device Solutions
$440.00K$50$1.36M$344.68K$15.75K$2.16M+16%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had 5,550 people in our workforce, including 4,987 permanent employees.”

Corporate history

Events identified from SEC filings

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