Itron ITRI Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Device Solutions | $124.38M-1.2% | $104.83M-3.4% | $103.62M-15.6% | $112.76M-4.9% | $125.87M-0.7% | |
| Networked Solutions | $350.66M-12.9% | $351.95M-14.8% | $393.7M-5.5% | $408.93M-0.9% | $402.73M-1.2% | |
| Outcomes | $95.91M+22.1% | $111.83M+22.6% | $84.3M+10.9% | $85.07M+9.3% | $78.55M+13.6% | |
| Resiliency Solutions | $16.03M+2,003% | $762.25K— | $762.25K— | $762.25K— | $762.25K— | |
| Total cost of revenues by Business | ||||||
| Device Solutions | $80.36M-8.8% | $68.78M-13.7% | $71.62M-19.9% | $79.17M-9.3% | $88.12M-8.9% | |
| Networked Solutions | $207.59M-18.3% | $204.1M-23.9% | $238.94M-10.5% | $251.69M-3.4% | $254.02M-1.0% | |
| Outcomes | $55.89M+16.9% | $65.24M+27.7% | $51.52M+4.3% | $52.28M+3.0% | $47.8M+6.5% | |
| Resiliency Solutions | $4.33M+2,268% | $183K— | $183K— | $183K— | $183K— | |
| Adjusted segment operating income (loss) by Business | ||||||
| Device Solutions | $36.89M+21.1% | $27.92M+29.2% | $24.88M-6.1% | $25.45M+7.3% | $30.47M+40.4% | |
| Networked Solutions | $110.14M-5.1% | $113.41M+5.7% | $121.88M+5.8% | $121M+3.0% | $116.11M-0.5% | |
| Outcomes | $22.36M+56.0% | $30.17M+45.0% | $16.81M+50.2% | $15.69M+47.3% | $14.33M+57.6% | |
| Resiliency Solutions | $4.33M+15,994% | -$27.25K— | -$27.25K— | -$27.25K— | -$27.25K— | |
| Sales, general and administrative by Business | ||||||
| Device Solutions | $2.98M-10.5% | $3.43M+1.4% | $2.9M-7.6% | $3.63M+9.0% | $3.33M-12.0% | |
| Networked Solutions | $7.28M+9.0% | $7.08M-2.9% | $6.7M-2.4% | $7.48M+6.3% | $6.68M+2.8% | |
| Outcomes | $5.26M+29.0% | $4.5M+9.6% | $3.71M-4.3% | $4.64M+21.4% | $4.08M+1.2% | |
| Resiliency Solutions | $3M+1,100% | $250K— | $250K— | $250K— | $250K— | |
| R&D by Business | ||||||
| Device Solutions | $4.15M+5.0% | $4.7M+22.6% | $4.23M+13.8% | $4.51M+7.9% | $3.95M-13.7% | |
| Networked Solutions | $25.66M-1.0% | $27.37M-9.8% | $26.19M-5.0% | $28.77M+3.9% | $25.93M-6.9% | |
| Outcomes | $12.41M+0.5% | $11.92M-21.5% | $12.26M+6.2% | $12.46M-1.1% | $12.35M+10.5% | |
| Resiliency Solutions | $4.37M+1,125% | $356.5K— | $356.5K— | $356.5K— | $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— | $0-100% | |
| Resiliency Solutions | $357.04M+460% | $63.72M— | $63.72M— | $63.72M— | $63.72M— | |
| Depreciation and amortization of intangible assets by Business | ||||||
| Device Solutions | $2.2M+4.7% | $2.41M-26.8% | $2.27M-33.7% | $2.21M-22.0% | $2.11M-19.0% | |
| Networked Solutions | $3.11M-12.6% | $3.34M-22.4% | $3.46M-18.1% | $3.51M-12.1% | $3.56M-11.3% | |
| Outcomes | $1.77M+32.5% | $1.88M-0.9% | $1.32M-12.8% | $1.28M-15.0% | $1.34M-8.1% | |
| Resiliency Solutions | $2.52M— | —— | —— | —— | $0— | |
| Goodwill by Business | ||||||
| Device Solutions | $0— | $0— | $0— | $0— | $0— | |
| Networked Solutions | $921.65M+2.0% | $927.72M+3.7% | $925.79M+1.4% | $926.3M+2.8% | $903.96M-0.1% | |
| Outcomes | $161.4M+1.7% | $162.33M+3.2% | $162.03M+0.9% | $162.11M+2.1% | $158.7M-0.4% | |
| Resiliency Solutions | $611.95M— | $254.94M— | —— | —— | —— | |
| Effect of change in exchange rates by Business | ||||||
| Device Solutions | $0— | $0— | $0— | $0— | $0— | |
| Networked Solutions | -$6.07M-166% | $1.93M+110% | $0-100% | $22.34M+718% | $9.14M+233% | |
| Outcomes | -$925K-166% | $294K+110% | $0-100% | $3.41M+718% | $1.39M+233% | |
| Resiliency Solutions | -$29K-304% | $14.25K— | $14.25K— | $14.25K— | $14.25K— | |
| Revenue by Geography | ||||||
| Asia Pacific | $31.26M+27.0% | $40.24M+60.8% | $28.71M+23.8% | $27.65M+15.7% | $24.61M+8.5% | |
| Europe, Middle East, and Africa | $101.21M+5.1% | $68.4M+2.3% | $75.2M-13.2% | $78.58M-9.5% | $96.33M-2.4% | |
| United States and Canada | $454.52M-6.5% | $463.01M-11.1% | $477.72M-5.5% | $500.54M+0.4% | $486.21M+0.9% |
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.