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Itron ITRI Outcomes — Goodwill

Other segment segments

Networked Solutions
$918.49M-0.8%
Resiliency Solutions
$611.38M
Device Solutions
$0

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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: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 thousandsDevice SolutionsNetworked SolutionsOutcomesResiliency SolutionsTotal Company
Goodwill balance at January 1, 2026$927,720$162,326$254,937$1,344,983
Goodwill acquired (1)356,515356,515
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 outcomes — goodwill?
Itron (ITRI) reported outcomes — goodwill of $160.92M in Q2 2026.
How has Itron's outcomes — goodwill changed year-over-year?
Itron's outcomes — goodwill decreased by 0.7% year-over-year, from $162.11M to $160.92M.
What is the long-term trend for Itron's outcomes — goodwill?
Over 4 years (2021 to 2025), Itron's outcomes — goodwill has grown at a 3.1% compound annual growth rate (CAGR), from $571.28M to $645.17M.
What does outcomes — goodwill mean?
Represents the carrying value of goodwill specifically allocated to the Outcomes business segment. This asset reflects the premium paid for acquisitions that exceeds the fair value of identifiable net assets, serving as an indicator of historical inorganic growth strategy within this specific reporting unit.

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