Itron, Inc. (ITRI) FY2026 Q2 P&L / Income Statement

Revenue by Product and Service

2026-04-01 to 2026-06-30

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Itron, Inc. (ITRI) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETProduct revenues revenueService revenues revenueRevenuesGross profitTotal cost of revenuesProduct revenues cost of revenueService revenues cost of revenueOperating incomeTotal operating expensesSales, general and administrativeResearch and developmentAmortization of intangible assetsRestructuringTotal other income (expense)Consolidated income before income taxesNet incomeIncome tax provisionTotal other income (expense)Total other income(expense)$4.14 MConsolidated income before income taxesConsolidated incomebefore income taxes$80.21 MRevenuesRevenues$562.90 MGross profitGross profit$230.64 MOperating incomeOperating income$76.07 MNet incomeNet income$53.47 MTotal operating expensesTotal operatingexpenses$154.57 MIncome tax provisionIncome taxes$26.73 MProduct revenues revenueProduct revenues$453.46 MSales, general and administrativeSales, general and administrative$89.72 MTotal cost of revenuesTotal cost of revenues$332.26 MResearch and developmentResearch and development$56.14 MAmortization of intangible assetsAmortization of intangible assets$8.48 MService revenues revenueService revenues$109.44 MRestructuringRestructuring$233.00 KProduct revenues cost of revenueProduct revenues$280.69 MService revenues cost of revenueService revenues$51.57 M
Chart details

Itron, Inc. (ITRI) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue and costs use their disclosed categories.

Revenues
562,902,000 US dollars
Total cost of revenues
332,262,000 US dollars
Gross profit
230,640,000 US dollars
Total operating expenses
154,574,000 US dollars
Operating income
76,066,000 US dollars
Total other income (expense)
4,140,000 US dollars
Consolidated income before income taxes
80,206,000 US dollars
Income tax provision
26,733,000 US dollars
Net income
53,473,000 US dollars
Product revenues revenue
453,462,000 US dollars
Service revenues revenue
109,440,000 US dollars
Product revenues cost of revenue
280,692,000 US dollars
Service revenues cost of revenue
51,570,000 US dollars
Sales, general and administrative
89,722,000 US dollars
Research and development
56,141,000 US dollars
Amortization of intangible assets
8,478,000 US dollars
Restructuring
233,000 US dollars
Loss on sale of business
0 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to Itron, Inc.: $53.27 M; to noncontrolling interests: $201.00 K.
Itron, Inc. (ITRI) FY2026 Q2 P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

41.0%

Gross profit / revenue

Operating margin

13.5%

Operating profit / revenue

Cash conversion

164.7%

Operating cash / net income, same period

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