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Itron ITRI Business Segments

FY'25FY'24FY'23FY'22
Revenue by Business
Device Solutions$447.08M-6.2%$476.58M+4.6%$455.73M+3.9%$438.71M-32.0%
Networked Solutions$1.56B-5.6%$1.65B+13.8%$1.45B+29.6%$1.12B+2.4%
Outcomes$359.74M+14.5%$314.19M+17.4%$267.62M+12.6%$237.59M-2.6%
Resiliency Solutions$3.05M
Total cost of revenues by Business
Device Solutions$307.68M-12.9%$353.11M+0.9%$349.81M-7.2%$376.93M
Networked Solutions$948.75M-9.8%$1.05B+10.7%$950.57M+25.5%$757.29M
Outcomes$216.84M+10.6%$196.11M+23.1%$159.35M+14.5%$139.15M
Resiliency Solutions$732K
Adjusted segment operating income (loss) by Business
Device Solutions$108.72M+16.2%$93.52M+42.4%$65.69M+146%$26.7M-53.3%
Networked Solutions$472.4M+3.4%$456.66M+23.8%$368.92M+48.6%$248.27M-2.4%
Outcomes$76.99M+48.8%$51.73M+2.7%$50.35M+8.9%$46.25M-8.7%
Resiliency Solutions-$109K
Sales, general and administrative by Business
Device Solutions$13.28M-2.5%$13.63M-1.6%$13.85M+10.4%$12.54M
Networked Solutions$27.93M+0.9%$27.68M+6.2%$26.06M+19.4%$21.82M
Outcomes$16.92M+6.9%$15.83M+9.7%$14.43M+13.0%$12.77M
Resiliency Solutions$1M
R&D by Business
Device Solutions$17.4M+6.6%$16.32M-38.2%$26.38M+17.1%$22.53M
Networked Solutions$108.25M-4.6%$113.44M+8.3%$104.75M+14.0%$91.88M
Outcomes$48.99M-3.0%$50.52M+16.2%$43.49M+10.3%$39.42M
Resiliency Solutions$1.43M
Goodwill acquired by Business
Device Solutions$0$0
Networked Solutions$0$0$5.4M0.0%
Outcomes$0
Resiliency Solutions$254.88M$0
Depreciation and amortization of intangible assets by Business
Device Solutions$8.99M-25.9%$12.15M-1.6%$12.35M-14.6%$14.45M-36.8%
Networked Solutions$13.88M-16.1%$16.55M+1.4%$16.31M-7.0%$17.54M+5.6%
Outcomes$5.82M-8.7%$6.37M+17.3%$5.43M-1.2%$5.5M+23.5%
Goodwill by Business
Device Solutions$0$0$0-100%$39.1M-80.2%
Networked Solutions$3.68B+1.9%$3.61B-0.2%$3.62B+1.0%$3.59B-2.8%
Outcomes$645.17M+1.5%$635.85M+13.8%$558.62M+1.0%$553.2M-3.2%
Effect of change in exchange rates by Business
Device Solutions$0$0$0
Networked Solutions$33.41M+296%-$17.03M-242%$11.96M
Outcomes$5.09M+296%-$2.6M-242%$1.82M
Resiliency Solutions$57K$0
Revenue by Geography
Asia Pacific$121.21M+27.9%$94.8M-4.3%$99.1M
Europe, Middle East, and Africa$318.51M-6.0%$339M-0.5%$340.85M-12.9%$391.56M-31.1%
United States and Canada$1.93B-4.0%$2.01B+15.8%$1.73B+33.1%$1.3B+2.2%

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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.