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Itron ITRI Outcomes — Goodwill acquired

Other segment segments

Resiliency Solutions
$357.04M+460%
Device Solutions
$0
Networked 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:GoodwillAcquiredDuringPeriod.

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 acquired?
Itron (ITRI) reported outcomes — goodwill acquired of $0 in Q2 2026.
What does outcomes — goodwill acquired mean?
Measures the value of goodwill recognized during the reporting period specifically attributable to acquisitions integrated into the Outcomes segment. This metric highlights the company's commitment to expanding its software and services capabilities through external growth.

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