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Itron ITRI Product revenues — Revenue

Other product segments

Service revenues
$109.18M+30.0%

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Other financials

Income statement

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Revenue$587.0M-3.3%
Gross profit$236.3M+8.8%
Operating income$67.6M-11.3%
Net income$53.5M-18.4%
EPS (diluted)$1.18-16.9%

Balance sheet

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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

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Operating cash flow$85.5M+18.6%
CapEx$6.5M+40.7%
Free cash flow$79.0M+17.0%

Valuation

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Market cap$3.6B-16.8%

Profitability

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Gross margin38.8%+4.0pp
Operating margin13%+1.6pp
Net margin12.3%+2.0pp
FCF margin16.8%+7.0pp

Returns & leverage

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Return on equity18.7%+0.9pp
Debt / equity+0.1×
Current ratio2.7×+0.7×

Where this comes from

Reported directly by Itron in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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

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Questions, answered.

What is Itron's product revenues — revenue?
Itron (ITRI) reported product revenues — revenue of $477.8M in Q1 2026.
How has Itron's product revenues — revenue changed year-over-year?
Itron's product revenues — revenue decreased by 8.7% year-over-year, from $523.14M to $477.8M.
What is the long-term trend for Itron's product revenues — revenue?
Over 4 years (2021 to 2025), Itron's product revenues — revenue has grown at a 4.6% compound annual growth rate (CAGR), from $1.68B to $2.01B.
What does product revenues — revenue mean?
This metric represents the total gross income generated from the sale of physical hardware products within a specific business segment. It captures the top-line performance of tangible goods before the deduction of any associated production or delivery costs. Monitoring this figure helps investors assess the market demand and sales volume for the company's core hardware offerings.