What is Itron's device solutions — goodwill?

Itron (ITRI) reported device solutions — goodwill of $0 in Q2 2026.

What is the long-term trend for Itron's device solutions — goodwill?

Over 4 years (2021 to 2025), Itron's device solutions — goodwill has grown at a -100.0% compound annual growth rate (CAGR), from $197.46M to $0.

What does device solutions — goodwill mean?

Represents the carrying value of goodwill associated with the Device Solutions business segment. This asset reflects the premium paid over the fair value of net identifiable assets during acquisitions, indicating the segment's long-term intangible value.

Itron (ITRI) Device Solutions — Goodwill

Screener

Other segment segments

Networked Solutions

$918.49M-0.8%

Resiliency Solutions

$611.38M—

Outcomes

$160.92M-0.7%

Similar metrics at other companies

INFUDevice Solutions — Goodwill

$3.71M0.0%

UNFUniform And Facility Service Solutions — Goodwill

$645.8M—

DELLClient Solutions — Goodwill

$4.23B0.0%

FSSEnvironmental Solutions — Goodwill

$514.6M+27.5%

ABMTechnical Solutions — Goodwill

$461.4M+2.6%

AITEngineered Solutions — Goodwill

$479.19M+1.1%

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

See full

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/S2×-0.4×

Profitability

See full

Gross margin39.9%+4.5pp

Operating margin13.2%+1.4pp

Net margin11.9%+0.8pp

FCF margin16.7%+5.0pp

Returns & leverage

See full

Return on equity17%-2.0pp

Debt / equity1×+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:Goodwill.

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 thousands	Device Solutions	Networked Solutions	Outcomes	Resiliency Solutions	Total Company
Goodwill balance at January 1, 2026	—	$927,720	$162,326	$254,937	$1,344,983
Goodwill acquired (1)	—	—	—	356,515	356,515
Effect of change in exchange rates	—	(9,231)	(1,408)	(68)	(10,707)
Goodwill balance at June 30, 2026	—	$918,489	$160,918	$611,384	$1,690,791

Item 1: Financial Statements (Unaudited)

FAQ

What is Itron's device solutions — goodwill?: Itron (ITRI) reported device solutions — goodwill of $0 in Q2 2026.
What is the long-term trend for Itron's device solutions — goodwill?: Over 4 years (2021 to 2025), Itron's device solutions — goodwill has grown at a -100.0% compound annual growth rate (CAGR), from $197.46M to $0.
What does device solutions — goodwill mean?: Represents the carrying value of goodwill associated with the Device Solutions business segment. This asset reflects the premium paid over the fair value of net identifiable assets during acquisitions, indicating the segment's long-term intangible value.