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Itron ITRI Operating Lease Liabilities

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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:OperatingLeaseLiabilityNoncurrent.

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 thousandsJune 30, 2026December 31, 2025
Long-term warranty7,0787,350
Pension benefit obligation59,87461,998
Deferred tax liabilities, net1,387623
Operating lease liabilities26,09219,623
Other long-term obligations121,51991,885
Total liabilities2,355,4171,982,511
Equity
Preferred stock, no par value, 10,000 shares authorized, no shares issued or outstanding

Item 1: Financial Statements (Unaudited)

FAQ

What is Itron's operating lease liabilities?
Itron (ITRI) reported operating lease liabilities of $26.09M in Q2 2026.
How has Itron's operating lease liabilities changed year-over-year?
Itron's operating lease liabilities decreased by 3.6% year-over-year, from $27.06M to $26.09M.
What is the long-term trend for Itron's operating lease liabilities?
Over 5 years (2020 to 2025), Itron's operating lease liabilities has grown at a -21.7% compound annual growth rate (CAGR), from $66.82M to $19.62M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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