What is Itron's operating income?

Itron (ITRI) reported operating income of $67.58M in Q1 2026.

How has Itron's operating income changed year-over-year?

Itron's operating income decreased by 11.3% year-over-year, from $76.21M to $67.58M.

What is the long-term trend for Itron's operating income?

Over 3 years (2021 to 2025), Itron's operating income has grown at a 58.0% compound annual growth rate (CAGR), from -$79.3M to $313.07M.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

Itron ITRI Operating Income

Operating Income at other companies

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$35.17M-28.8%

Advanced Energy IndustriesAEIS

$68.3M+123%

Mueller Water ProductsMWA

$80.4M+15.0%

XylemXYL

$244M+5.6%

FortiveFTV

$191.7M+16.0%

ROP

Roper Technologies, Inc.ROP

$569.6M+8.3%

Segments

By segment

See full

Networked Solutions$110.14M-5.1%

Device Solutions$36.89M+21.1%

Outcomes$22.36M+56.0%

Resiliency Solutions$4.33M+15,994%

Other financials

Income statement

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Revenue$587.0M-3.3%

Gross profit$236.3M+8.8%

Net income$53.5M-18.4%

EPS (diluted)$1.18-16.9%

Balance sheet

See full

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

See full

Operating cash flow$85.5M+18.6%

CapEx$6.5M+40.7%

Free cash flow$79.0M+17.0%

Valuation

See full

Market cap$3.58B-16.8%

Enterprise value$4.47B-1.1%

P/E12.4×-4.6×

P/S1.5×-0.2×

Profitability

See full

Gross margin38.8%+4.0pp

Operating margin13%+1.6pp

Net margin12.3%+2.0pp

FCF margin16.8%+7.0pp

Returns & leverage

See full

Return on equity18.7%+0.9pp

Debt / equity1×+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:OperatingIncomeLoss.

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 operating income?: Itron (ITRI) reported operating income of $67.58M in Q1 2026.
How has Itron's operating income changed year-over-year?: Itron's operating income decreased by 11.3% year-over-year, from $76.21M to $67.58M.
What is the long-term trend for Itron's operating income?: Over 3 years (2021 to 2025), Itron's operating income has grown at a 58.0% compound annual growth rate (CAGR), from -$79.3M to $313.07M.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.