What is Itron's gross profit?

Itron (ITRI) reported gross profit of $236.32M in Q1 2026.

How has Itron's gross profit changed year-over-year?

Itron's gross profit increased by 8.8% year-over-year, from $217.22M to $236.32M.

What is the long-term trend for Itron's gross profit?

Over 4 years (2021 to 2025), Itron's gross profit has grown at a 11.7% compound annual growth rate (CAGR), from $573.17M to $892.12M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Itron ITRI Gross Profit

Gross Profit at other companies

Badger MeterBMI

$84.33M-11.6%

Honeywell InternationalHON

$3.54B+2.2%

Advanced Energy IndustriesAEIS

$200.9M+33.5%

Mueller Water ProductsMWA

$144.5M+12.9%

XylemXYL

$803M+4.6%

FortiveFTV

$675.5M+6.0%

Other financials

Income statement

See full

Revenue$587.0M-3.3%

Operating income$67.6M-11.3%

Net income$53.5M-18.4%

EPS (diluted)$1.18-16.9%

Balance sheet

See full

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

See full

Operating cash flow$85.5M+18.6%

CapEx$6.5M+40.7%

Free cash flow$79.0M+17.0%

Valuation

See full

Market cap$3.58B-16.8%

Enterprise value$4.47B-1.1%

P/E12.4×-4.6×

P/S1.5×-0.2×

Profitability

See full

Gross margin38.8%+4.0pp

Operating margin13%+1.6pp

Net margin12.3%+2.0pp

FCF margin16.8%+7.0pp

Returns & leverage

See full

Return on equity18.7%+0.9pp

Debt / equity1×+0.1×

Current ratio2.7×+0.7×

Where this comes from

Calculated from Itron’s reported figures.

$587.0Mtotal revenue−$350.7Mtotal cost of revenue=$236.32M

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

Ask your AI about Itron's gross profit.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Itron's gross profit?: Itron (ITRI) reported gross profit of $236.32M in Q1 2026.
How has Itron's gross profit changed year-over-year?: Itron's gross profit increased by 8.8% year-over-year, from $217.22M to $236.32M.
What is the long-term trend for Itron's gross profit?: Over 4 years (2021 to 2025), Itron's gross profit has grown at a 11.7% compound annual growth rate (CAGR), from $573.17M to $892.12M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.