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Itron ITRI Device Solutions — Depreciation and amortization of intangible assets

Other segment segments

Networked Solutions
$2.98M-15.3%
Resiliency Solutions
$2.61M
Outcomes
$1.68M+31.3%

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Other financials

Income statement

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Revenue$562.9M-7.2%
Gross profit$230.6M+3.1%
Operating income$76.1M-0.5%
Net income$53.3M-22.0%
EPS (diluted)$1.19-19.0%

Balance sheet

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Cash & equivalents$745.2M-39.1%
Total debt$1.6B+25.8%
Total equity$1.6B+0.2%
Total assets$4.0B+10.2%

Cash flow

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Operating cash flow$88.1M-8.9%
CapEx$6.6M+9.8%
Free cash flow$81.5M-10.1%

Valuation

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Market cap$4.5B-21.4%
Enterprise value$5.36B-7.2%
P/E16.4×-4.8×
P/S-0.4×

Profitability

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Gross margin39.9%+4.5pp
Operating margin13.2%+1.4pp
Net margin11.9%+0.8pp
FCF margin16.7%+5.0pp

Returns & leverage

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Return on equity17%-2.0pp
Debt / equity+0.2×
Current ratio2.7×+0.7×

Where this comes from

Reported directly by Itron in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Itron’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 1:43 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000780571-26-000178
In thousandsThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Device Solutions$2,121$2,209$4,325$4,314
Networked Solutions2,9763,5136,0897,076
Outcomes1,6781,2783,4512,616
Resiliency Solutions2,6125,136
Corporate unallocated9,2395,11418,16110,176
Total Company$18,626$12,114$37,162$24,182

Item 1: Financial Statements (Unaudited)

FAQ

What is Itron's device solutions — depreciation and amortization of intangible assets?
Itron (ITRI) reported device solutions — depreciation and amortization of intangible assets of $2.12M in Q2 2026.
How has Itron's device solutions — depreciation and amortization of intangible assets changed year-over-year?
Itron's device solutions — depreciation and amortization of intangible assets decreased by 4.0% year-over-year, from $2.21M to $2.12M.
What is the long-term trend for Itron's device solutions — depreciation and amortization of intangible assets?
Over 4 years (2021 to 2025), Itron's device solutions — depreciation and amortization of intangible assets has grown at a -20.8% compound annual growth rate (CAGR), from $22.88M to $8.99M.
What does device solutions — depreciation and amortization of intangible assets mean?
Reflects the non-cash expense allocated to the Device Solutions segment for the wear and tear of tangible assets and the systematic write-down of intangible assets. It is a critical component for reconciling net income to cash flow from operations.

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