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Itron ITRI Resiliency Solutions — Corporate unallocated expenses

Other segment segments

Networked Solutions
$112.06M
Device Solutions
$31.52M
Outcomes
$20.54M

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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:SegmentReportingOtherItemAmount.

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
Adjusted cost of revenues (1)72,686194,08459,0193,903
Adjusted sales, general and administrative3,0267,1854,5672,728
Adjusted research and development4,21225,90812,2714,813
Adjusted segment operating income31,521112,06120,5424,376168,500
Reconciliation of adjusted segment operating income
Amortization of core-developed technology intangible assets(2,570)
Corporate unallocated expenses(89,864)
Total other income (expense)4,140

Item 1: Financial Statements (Unaudited)

FAQ

What is Itron's resiliency solutions — corporate unallocated expenses?
Itron (ITRI) reported resiliency solutions — corporate unallocated expenses of $4.38M in Q2 2026.
What does resiliency solutions — corporate unallocated expenses mean?
This metric represents the portion of corporate-level overhead and administrative costs that are allocated to the Resiliency Solutions business segment. It reflects the segment's share of centralized expenses, such as executive management, legal, and corporate finance, which are not directly attributable to specific operational activities. Monitoring these allocations is essential for understanding the true fully-burdened profitability and cost structure of the segment relative to the broader corporate entity.

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