Itron, Inc. Income Statement
ITRI / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Itron, Inc. reported $2.4B in revenue and $301M in net income for FY2025. Revenue has declined at a 0.2% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4B | $2.4B | $2.2B | $1.8B | $2.0B | $2.2B | $2.5B | $2.4B | $2.0B | $2.0B | $1.9B | $1.9B | $1.9B | $2.2B | $2.4B |
| Cost of Revenue | $1.5B | $1.6B | $1.5B | $1.3B | $1.4B | $1.6B | $1.8B | $1.6B | $1.3B | $1.4B | $1.3B | $1.3B | $1.3B | $1.5B | $1.7B |
| Gross Profit | $892.1M | $839.3M | $713.9M | $522.2M | $573.2M | $602.2M | $752.3M | $730.3M | $676.8M | $662.5M | $556.7M | $614.0M | $614.8M | $715.1M | $746.5M |
| SG&A Expense | $353.0M | $339.1M | $312.8M | $290.5M | $300.5M | $276.9M | $346.9M | $423.2M | $325.3M | $319.6M | $155.7M | $162.5M | $143.9M | $138.3M | $142.9M |
| R&D Expense | $207.0M | $215.0M | $208.7M | $185.1M | $197.2M | $194.1M | $202.2M | $207.9M | $169.4M | $167.8M | $162.3M | $175.5M | $175.4M | $178.7M | $161.3M |
| Operating Income | $313.1M | $264.1M | $128.9M | -$7.4M | -$79.3M | -$10.4M | $132.7M | -$49.7M | $154.9M | $101.0M | $52.8M | $480.0K | -$139.9M | $151.1M | -$459.2M |
| Interest Expense | - | - | $8.3M | $6.7M | $28.6M | $44.0M | $52.5M | $58.2M | $13.8M | $13.5M | $12.3M | $11.6M | $10.7M | $10.1M | $36.8M |
| Income Tax | $38.9M | $43.4M | $29.1M | -$6.2M | -$45.5M | $238.0K | $20.6M | -$12.6M | $74.3M | $49.6M | $22.1M | $4.0M | -$2.5M | $26.0M | $4.4M |
| Net Income | $301.1M | $239.1M | $96.9M | -$9.7M | -$81.3M | -$58.0M | $49.0M | -$99.3M | $57.3M | $31.8M | $12.7M | -$23.7M | -$153.2M | $108.3M | -$510.2M |
| EPS (Basic) | $2.13 | -$0.22 | -$1.83 | -$1.44 | $1.24 | -$2.53 | $1.48 | $0.83 | $0.33 | -$0.60 | -$3.90 | $2.73 | -$12.56 | $2.60 | -$0.06 |
| EPS (Diluted) | $2.11 | -$0.22 | -$1.83 | -$1.44 | $1.23 | -$2.53 | $1.45 | $0.82 | $0.33 | -$0.60 | -$3.90 | $2.71 | -$12.56 | $2.56 | -$0.06 |
| Shares Outstanding | 45.1M | 45.5M | 45.2M | 45.2M | 40.4M | 39.9M | 39.5M | 38.8M | 38.3M | 37.9M | 38.6M | 39.1M | 39.3M | 40.0M | 40.4M |
| Gross Margin | 37.7% | 34.4% | 32.8% | 29.1% | 28.9% | 27.7% | 30.1% | 30.7% | 33.5% | 32.9% | 29.6% | 31.5% | 31.7% | 32.8% | 30.7% |
| Operating Margin | 13.2% | 10.8% | 5.9% | -0.4% | -4.0% | -0.5% | 5.3% | -2.1% | 7.7% | 5.0% | 2.8% | 0.0% | -7.2% | 6.9% | -18.9% |
| Profit Margin | 12.7% | 9.8% | 4.5% | -0.5% | -4.1% | -2.7% | 2.0% | -4.2% | 2.8% | 1.6% | 0.7% | -1.2% | -7.9% | 5.0% | -21.0% |