ITRON, INC.

ITRI · XNAS

CIK 780571fmd_0Z6QJ66VRBBYZQ978ZP65DMQTAManufacturing · Instruments For Meas & Testing of Electricity & Elec SignalsTemplate: Standard

Coverage: Jan 01, 2008 to Sep 30, 2026, 71 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	2,013	2,018	2,376	2,502	2,173	1,982	1,796	2,174	2,441	2,367
Cost of revenue	1,351	1,341	1,646	1,750	1,571	1,408	1,273	1,460	1,602	1,475
Gross profit	663	677	730	752	602	573	522	714	839	892
Research and development	168	169	208	202	194	197	185	209	215	207
Selling, general and administrative	320	325	423	347	277	301	290	313	339	353
Total operating expenses	562	522	780	620	613	652	530	585	575	579
Operating income	101	155	(50)	133	(10)	(79)	(7)	129	264	313
Interest expense	14	14	58	52	44	29	7	8	15	22
Interest and investment income	1	2	2	2	3	2	3	9	35	48
Other non-operating income (expense)	(16)	(20)	(59)	(60)	(46)	(45)	(8)	(1)	20	29
Income before taxes	85	135	(109)	73	(57)	(124)	(16)	127	285	342
Income tax expense	50	74	(13)	21	0	(46)	(6)	29	43	39
Net income from continuing operations	35	60	(97)	52	(57)	(78)	(10)	98	241	303
Net income	32	57	(99)	49	(58)	(81)	(10)	97	239	301