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Itron ITRI Resiliency Solutions — Goodwill acquired

Other segment segments

Device Solutions
$0
Networked Solutions
$0
Outcomes
$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 April 28, 2026.

Filed
Apr 28, 2026, 1:11 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000780571-26-000110
In thousandsDevice SolutionsNetworked SolutionsOutcomesResiliency SolutionsTotal Company
Goodwill balance at January 1, 2026$927,720$162,326$254,937$1,344,983
Goodwill acquired (1)357,040357,040
Effect of change in exchange rates(6,066)(925)(29)(7,020)
Goodwill balance at March 31, 2026$921,654$161,401$611,948$1,695,003

Item 1: Financial Statements (Unaudited)

FAQ

What is Itron's resiliency solutions — goodwill acquired?
Itron (ITRI) reported resiliency solutions — goodwill acquired of $357.04M in Q1 2026.
How has Itron's resiliency solutions — goodwill acquired changed year-over-year?
Itron's resiliency solutions — goodwill acquired increased by 460.3% year-over-year, from $63.72M to $357.04M.
What does resiliency solutions — goodwill acquired mean?
Measures the value of goodwill added to the Resiliency Solutions segment balance sheet during the current reporting period due to business combinations. It reflects the company's investment in inorganic growth and the expansion of its resiliency-focused product portfolio.

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