Itron Inc (ITRI) FinancialsITRIFinancialItron Inc

Itron, Inc. (ITRI) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Product, accounting for 80.6% of total sales, equivalent to $453.46M. Another important revenue stream is Service. Understanding this composition is critical for investors evaluating how ITRI navigates market cycles within the Electronic Equipment & Parts industry.

Evaluating the bottom line, Itron, Inc. maintains a gross margin of 39.47%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 13.28%, while the net margin is 9.50%. These profitability ratios, combined with a Return on Equity (ROE) of 16.97%, provide a clear picture of how effectively ITRI converts its operational activities into shareholder value.

In the context of the broader market, ITRI competes directly with industry leaders such as SXI and MTRN. With a market capitalization of $4.45B, it holds a significant position in the sector. When comparing efficiency, ITRI's gross margin of 39.47% stands against SXI's 40.79% and MTRN's 16.57%. Such benchmarking helps identify whether Itron, Inc. is trading at a premium or discount relative to its financial performance.

Itron's total revenue for Q2 2026 was $562.9 million, with a gross margin of 39.47%, showing solid profitability. The company has also raised its full-year revenue forecast to between $2.37 billion and $2.41 billion, reflecting management's confidence in future performance.