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Itron ITRI Free cash flow

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Other financials

Income statement

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Revenue$587.0M-3.3%
Gross profit$236.3M+8.8%
Operating income$67.6M-11.3%
Net income$53.5M-18.4%
EPS (diluted)$1.18-16.9%

Balance sheet

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Cash & equivalents$712.9M-36.5%
Total debt$1.6B+26.5%
Total equity$1.6B+8.0%
Total assets$4.0B+13.6%

Cash flow

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Operating cash flow$85.5M+18.6%
CapEx$6.5M+40.7%

Valuation

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Market cap$3.58B-16.8%
Enterprise value$4.47B-1.1%
P/E12.4×-4.6×
P/S1.5×-0.2×

Profitability

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Gross margin38.8%+4.0pp
Operating margin13%+1.6pp
Net margin12.3%+2.0pp
FCF margin16.8%+7.0pp

Returns & leverage

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Return on equity18.7%+0.9pp
Debt / equity+0.1×
Current ratio2.7×+0.7×

Where this comes from

Calculated from Itron’s reported figures.

The official record: Itron’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Itron's free cash flow?
Itron (ITRI) reported free cash flow of $78.97M in Q1 2026.
How has Itron's free cash flow changed year-over-year?
Itron's free cash flow increased by 17.0% year-over-year, from $67.48M to $78.97M.
What is the long-term trend for Itron's free cash flow?
Over 3 years (2021 to 2025), Itron's free cash flow has grown at a 47.2% compound annual growth rate (CAGR), from $120.11M to $383.06M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.