Itron ITRI Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Device Solutions | $124.38M+18.6% | $104.83M+1.2% | $103.62M-8.1% | $112.76M-10.4% | $125.87M+16.0% | |
| Networked Solutions | $350.66M-0.4% | $351.95M-10.6% | $393.7M-3.7% | $408.93M+1.5% | $402.73M-2.5% | |
| Outcomes | $95.91M-14.2% | $111.83M+32.7% | $84.3M-0.9% | $85.07M+8.3% | $78.55M-13.9% | |
| Resiliency Solutions | $16.03M+2,003% | $762.25K0.0% | $762.25K0.0% | $762.25K0.0% | $762.25K— | |
| Total cost of revenues by Business | ||||||
| Device Solutions | $80.36M+16.8% | $68.78M-4.0% | $71.62M-9.5% | $79.17M-10.2% | $88.12M+10.5% | |
| Networked Solutions | $207.59M+1.7% | $204.1M-14.6% | $238.94M-5.1% | $251.69M-0.9% | $254.02M-5.3% | |
| Outcomes | $55.89M-14.3% | $65.24M+26.6% | $51.52M-1.5% | $52.28M+9.4% | $47.8M-6.4% | |
| Resiliency Solutions | $4.33M+2,268% | $183K0.0% | $183K0.0% | $183K0.0% | $183K— | |
| Adjusted segment operating income (loss) by Business | ||||||
| Device Solutions | $36.89M+32.1% | $27.92M+12.2% | $24.88M-2.3% | $25.45M-16.5% | $30.47M+41.0% | |
| Networked Solutions | $110.14M-2.9% | $113.41M-6.9% | $121.88M+0.7% | $121M+4.2% | $116.11M+8.2% | |
| Outcomes | $22.36M-25.9% | $30.17M+79.5% | $16.81M+7.1% | $15.69M+9.5% | $14.33M-31.1% | |
| Resiliency Solutions | $4.33M+15,994% | -$27.25K0.0% | -$27.25K0.0% | -$27.25K0.0% | -$27.25K— | |
| Sales, general and administrative by Business | ||||||
| Device Solutions | $2.98M-13.1% | $3.43M+18.2% | $2.9M-20.1% | $3.63M+9.0% | $3.33M-1.6% | |
| Networked Solutions | $7.28M+2.9% | $7.08M+5.7% | $6.7M-10.5% | $7.48M+11.9% | $6.68M-8.3% | |
| Outcomes | $5.26M+16.8% | $4.5M+21.4% | $3.71M-20.0% | $4.64M+13.7% | $4.08M-0.7% | |
| Resiliency Solutions | $3M+1,100% | $250K0.0% | $250K0.0% | $250K0.0% | $250K— | |
| R&D by Business | ||||||
| Device Solutions | $4.15M-11.8% | $4.7M+11.2% | $4.23M-6.1% | $4.51M+14.0% | $3.95M+3.0% | |
| Networked Solutions | $25.66M-6.3% | $27.37M+4.5% | $26.19M-9.0% | $28.77M+11.0% | $25.93M-14.6% | |
| Outcomes | $12.41M+4.1% | $11.92M-2.8% | $12.26M-1.6% | $12.46M+0.9% | $12.35M-18.8% | |
| Resiliency Solutions | $4.37M+1,125% | $356.5K0.0% | $356.5K0.0% | $356.5K0.0% | $356.5K— | |
| Goodwill acquired by Business | ||||||
| Device Solutions | $0— | $0— | $0— | $0— | $0— | |
| Networked Solutions | $0— | $0— | $0— | $0— | $0— | |
| Outcomes | $0— | $0— | $0— | $0— | $0— | |
| Resiliency Solutions | $357.04M+460% | $63.72M0.0% | $63.72M0.0% | $63.72M0.0% | $63.72M— | |
| Depreciation and amortization of intangible assets by Business | ||||||
| Device Solutions | $2.2M-8.6% | $2.41M+6.3% | $2.27M+2.7% | $2.21M+4.9% | $2.11M-36.1% | |
| Networked Solutions | $3.11M-6.9% | $3.34M-3.2% | $3.46M-1.6% | $3.51M-1.4% | $3.56M-17.4% | |
| Outcomes | $1.77M-5.9% | $1.88M+43.1% | $1.32M+3.1% | $1.28M-4.5% | $1.34M-29.7% | |
| Resiliency Solutions | $2.52M— | —— | —— | —— | $0— | |
| Goodwill by Business | ||||||
| Device Solutions | $0— | $0— | $0— | $0— | $0— | |
| Networked Solutions | $921.65M-0.7% | $927.72M+0.2% | $925.79M-0.1% | $926.3M+2.5% | $903.96M+1.0% | |
| Outcomes | $161.4M-0.6% | $162.33M+0.2% | $162.03M0.0% | $162.11M+2.1% | $158.7M+0.9% | |
| Resiliency Solutions | $611.95M+140% | $254.94M— | —— | —— | —— | |
| Effect of change in exchange rates by Business | ||||||
| Device Solutions | $0— | $0— | $0— | $0— | $0— | |
| Networked Solutions | -$6.07M-414% | $1.93M— | $0-100% | $22.34M+144% | $9.14M+150% | |
| Outcomes | -$925K-415% | $294K— | $0-100% | $3.41M+145% | $1.39M+150% | |
| Resiliency Solutions | -$29K-304% | $14.25K0.0% | $14.25K0.0% | $14.25K0.0% | $14.25K— | |
| Revenue by Geography | ||||||
| Asia Pacific | $31.26M-22.3% | $40.24M+40.2% | $28.71M+3.8% | $27.65M+12.3% | $24.61M-1.6% | |
| Europe, Middle East, and Africa | $101.21M+48.0% | $68.4M-9.0% | $75.2M-4.3% | $78.58M-18.4% | $96.33M+44.0% | |
| United States and Canada | $454.52M-1.8% | $463.01M-3.1% | $477.72M-4.6% | $500.54M+2.9% | $486.21M-6.7% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Itron break its business down?
- Itron (ITRI) reports revenue by business across 4 parts — Device Solutions, Networked Solutions, Outcomes and Resiliency Solutions. Each is extracted from the segment footnotes and tracked over time.
- Where does Itron's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Itron's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
