Revenue
Trailing-twelve-month (TTM) revenue is $2.35 Billion with a year-over-year growth of (3.99%). Revenue represents the total income generated from the company's primary business operations.
ITRI Revenue
Reported quarterly revenue; no daily interpolation.
ITRI Quarterly Revenue Growth (YoY)
Revenue growth vs the same quarter one year earlier, last 20 quarters.
ITRI Revenue by Segment
How ITRI’s revenue breaks down across its reported segments in the latest reported fiscal year.
By product / business (FY 2025)
- Product$2.01B84.9%
- Services$358.22M15.1%
By geography (FY 2025)
- United States and Canada$1.93B81.4%
- Emea$318.51M13.5%
- Asia Pacific$121.21M5.1%
ITRI Revenue by Product / Business (history)
How the revenue mix has shifted across the last 3 reported fiscal years. Bar height tracks total revenue.
- Product
- Services
ITRI Revenue by Geography (history)
How the revenue mix has shifted across the last 6 reported fiscal years. Bar height tracks total revenue.
- United States and Canada
- Emea
- Asia Pacific
- Other reported
Revenue (TTM)
$2.35B
$2.35 Billion
Year-over-Year Growth
(3.99%)
vs. $2.44B a year ago (TTM)
Revenue CAGR
+2.30%
5 Year compound annual growth rate
Revenue CAGR (Compound Annual Growth Rate)
1 Year
(3.99%)
3 Year
+8.95%
5 Year
+2.30%
10 Year
+1.99%
15 Year
+0.07%
20 Year
+7.13%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Revenue History
| Year | Revenue | YoY Change | % Change |
|---|---|---|---|
| 2025 | $2.37B | ($73.64M) | (3.02%) |
| 2024 | $2.44B | +$267.20M | +12.29% |
| 2023 | $2.17B | +$378.07M | +21.06% |
| 2022 | $1.80B | ($186.01M) | (9.39%) |
| 2021 | $1.98B | ($191.78M) | (8.82%) |
| 2020 | $2.17B | ($329.12M) | (13.15%) |
| 2019 | $2.50B | +$126.35M | +5.32% |
| 2018 | $2.38B | +$357.92M | +17.73% |
| 2017 | $2.02B | +$5.01M | +0.25% |
| 2016 | $2.01B | +$135.37M | +7.21% |
Revenue Growth Summary
TTM Growth
(3.99%)
3-Year Avg Growth
+8.95%
5-Year Avg Growth
+2.30%
About Itron, Inc.
Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in four segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solution. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; network design services; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also products and software for the implementation, installation, and management of communicating devices and data networks; offers industrial internet of things solutions, including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; grid edge devices; distribution automation communications; smart lighting; and smart city sensors and applications. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning, statistical modeling, and other analytics. The Resiliency Solutions segment offers software and services. The company offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. It offers its products and services under the Itron brand. The company serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- CEO
- Thomas L. Deitrich