Itron ITRI Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Device Solutions | $445.59M-6.3% | $447.08M-6.2% | $450.79M-6.4% | $469.91M+0.1% | $475.7M+2.5% | |
| Networked Solutions | $1.51B-8.5% | $1.56B-5.6% | $1.62B-0.6% | $1.64B+2.8% | $1.65B+6.5% | |
| Outcomes | $377.11M+16.5% | $359.74M+14.5% | $339.1M+14.7% | $330.81M+16.2% | $323.56M+18.1% | |
| Resiliency Solutions | $18.32M— | $3.05M— | —— | —— | —— | |
| Total cost of revenues by Business | ||||||
| Device Solutions | $299.92M-13.0% | $307.68M-12.9% | $318.61M-11.7% | $336.39M-6.3% | $344.54M-4.0% | |
| Networked Solutions | $902.32M-14.1% | $948.75M-9.8% | $1.01B-0.9% | $1.04B+4.9% | $1.05B+8.3% | |
| Outcomes | $224.93M+13.0% | $216.84M+10.6% | $202.69M+9.6% | $200.56M+14.4% | $199.02M+21.1% | |
| Resiliency Solutions | $4.88M— | $732K— | —— | —— | —— | |
| Adjusted segment operating income (loss) by Business | ||||||
| Device Solutions | $115.14M+12.6% | $108.72M+16.2% | $102.41M+11.6% | $104.02M+25.4% | $102.29M+39.5% | |
| Networked Solutions | $466.43M+2.3% | $472.4M+3.4% | $466.3M+3.1% | $459.65M+4.6% | $456.09M+11.1% | |
| Outcomes | $85.02M+49.2% | $76.99M+48.8% | $67.63M+48.9% | $62.01M+39.3% | $56.97M+22.4% | |
| Resiliency Solutions | $4.25M— | -$109K— | —— | —— | —— | |
| Sales, general and administrative by Business | ||||||
| Device Solutions | $12.93M-1.8% | $13.28M-2.5% | $13.24M-3.4% | $13.47M-4.0% | $13.17M-7.0% | |
| Networked Solutions | $28.53M+2.4% | $27.93M+0.9% | $28.14M+4.6% | $28.3M+6.6% | $27.86M+7.0% | |
| Outcomes | $18.1M+14.0% | $16.92M+6.9% | $16.53M+7.8% | $16.69M+10.8% | $15.88M+6.9% | |
| Resiliency Solutions | $3.75M— | $1M— | —— | —— | —— | |
| R&D by Business | ||||||
| Device Solutions | $17.6M+12.1% | $17.4M+6.6% | $16.53M-13.3% | $16.02M-27.0% | $15.69M-35.6% | |
| Networked Solutions | $107.98M-3.2% | $108.25M-4.6% | $111.23M+1.8% | $112.6M+4.4% | $111.52M+4.8% | |
| Outcomes | $49.06M-5.1% | $48.99M-3.0% | $52.27M+13.1% | $51.55M+13.2% | $51.69M+18.0% | |
| Resiliency Solutions | $5.44M— | $1.43M— | —— | —— | —— | |
| Goodwill acquired by Business | ||||||
| Device Solutions | $0— | $0— | $0— | $0— | $0— | |
| Networked Solutions | $0— | $0— | $0— | $0— | $0— | |
| Outcomes | $0— | $0— | —— | —— | —— | |
| Resiliency Solutions | $548.2M+760% | $254.88M— | $191.16M— | $127.44M— | $63.72M— | |
| Depreciation and amortization of intangible assets by Business | ||||||
| Device Solutions | $9.09M-22.0% | $8.99M-25.9% | $9.88M-15.8% | $11.03M-2.3% | $11.65M-0.3% | |
| Networked Solutions | $13.43M-16.6% | $13.88M-16.1% | $14.84M-8.8% | $15.61M-3.2% | $16.09M-0.7% | |
| Outcomes | $6.25M0.0% | $5.82M-8.7% | $5.84M-5.2% | $6.03M+1.9% | $6.25M+11.0% | |
| Goodwill by Business | ||||||
| Device Solutions | $0— | $0— | $0— | $0— | $0— | |
| Networked Solutions | $3.7B+2.4% | $3.68B+1.9% | $3.65B+0.5% | $3.64B+0.6% | $3.61B-0.2% | |
| Outcomes | $647.87M+2.0% | $645.17M+1.5% | $640.16M+3.4% | $638.65M+7.0% | $635.26M+9.9% | |
| Effect of change in exchange rates by Business | ||||||
| Device Solutions | $0— | $0— | $0— | $0— | $0— | |
| Networked Solutions | $18.2M+1,872% | $33.41M+296% | $13.07M-17.9% | $24.93M+554% | -$1.03M-1,802% | |
| Outcomes | $2.78M+1,856% | $5.09M+296% | $1.99M-17.9% | $3.8M+554% | -$158K-1,875% | |
| Resiliency Solutions | $13.75K-3.5% | $57K— | $42.75K— | $28.5K— | $14.25K— | |
| Revenue by Geography | ||||||
| Asia Pacific | $127.85M+32.2% | $121.21M+27.9% | $105.99M+12.4% | $100.47M+2.6% | $96.72M-2.1% | |
| Europe, Middle East, and Africa | $323.39M-3.9% | $318.51M-6.0% | $317M-8.7% | $328.47M-3.9% | $336.67M-1.2% | |
| United States and Canada | $1.9B-5.7% | $1.93B-4.0% | $1.99B+1.1% | $2.01B+5.4% | $2.01B+9.1% |
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.