Gross Margin: 40.26%
Is the gross margin high or low?
The gross margin of 40.26% is 22% above its 5-year average of 32.94%, near the high end of its 5-year range (24.97%–40.54%).
As of Monday, June 29, 2026. 5.30% above its 12-month average of 38.24%.
ITRI Gross Margin
Reported quarterly gross margin; no daily interpolation.
ITRI Average Gross Margin Chart
ITRI Current vs Average Gross Margin Chart
ITRI Gross Margin Metrics
GROSS MARGIN
40.26%
GROSS MARGIN AVG TTM
38.24%
GROSS MARGIN AVG 3Y
35.38%
GROSS MARGIN AVG 5Y
32.94%
GROSS MARGIN AVG 10Y
31.97%
GROSS MARGIN AVG 15Y
31.56%
GROSS MARGIN AVG 20Y
31.61%
CURRENT VS TTM AVG
+5.30%
CURRENT VS 3Y AVG
+13.81%
CURRENT VS 5Y AVG
+22.24%
CURRENT VS 10Y AVG
+25.94%
CURRENT VS 15Y AVG
+27.57%
CURRENT VS 20Y AVG
+27.35%
ITRI Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Itron, Inc. (ITRI) | $3.72B | 40.26% | 38.24% | 35.38% | 32.94% |
| monday.com Ltd. (MNDY)vs › | $3.76B | 89.05% | 89.27% | 88.66% | 88.01% |
| Keel Infrastructure Corp. (KEEL)vs › | $3.64B | -8.25% | -12.52% | -8.09% | 6.92% |
| Bill.com Holdings, Inc. (BILL)vs › | $3.54B | 80.70% | 81.61% | 80.57% | 78.59% |
| ZoomInfo Technologies Inc. (ZI)vs › | $3.42B | 83.79% | 84.20% | 84.22% | 82.67% |
| Ichor Holdings, Ltd. (ICHR)vs › | $3.28B | 9.28% | 10.71% | 12.68% | 13.43% |
| AXT, Inc. (AXTI)vs › | $3.25B | 12.73% | 18.36% | 22.80% | 26.25% |
| EPAM Systems, Inc. (EPAM)vs › | $4.22B | 27.92% | 28.62% | 29.92% | 31.41% |
| Veeco Instruments Inc. (VECO)vs › | $4.33B | 38.46% | 41.17% | 41.46% | 41.69% |
| Klaviyo, Inc. (KVYO)vs › | $4.45B | 74.55% | 75.53% | 74.63% | 73.87% |
Gross Margin Analysis
Gross Margin
40.3%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Gross Margin FAQ
- What is the gross margin for Itron, Inc. (ITRI)?
- The gross margin for ITRI stock is 40.26%.
- Is Itron, Inc.'s gross margin high or low?
- The gross margin of 40.26% is 22% above its 5-year average of 32.94%, near the high end of its 5-year range (24.97%–40.54%).
- What is the TTM average gross margin for Itron, Inc. (ITRI)?
- The TTM average gross margin for ITRI stock is 38.24%.
- What is the 3Y average gross margin for Itron, Inc. (ITRI)?
- The 3Y average gross margin for ITRI stock is 35.38%.
- What is the 5Y average gross margin for Itron, Inc. (ITRI)?
- The 5Y average gross margin for ITRI stock is 32.94%.
- What is the 10Y average gross margin for Itron, Inc. (ITRI)?
- The 10Y average gross margin for ITRI stock is 31.97%.
- What is the 15Y average gross margin for Itron, Inc. (ITRI)?
- The 15Y average gross margin for ITRI stock is 31.56%.
- What is the 20Y average gross margin for Itron, Inc. (ITRI)?
- The 20Y average gross margin for ITRI stock is 31.61%.
ITRI Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 40.26% |
| 2025-12-31 | 40.54% |
| 2025-09-30 | 37.75% |
| 2025-06-30 | 36.85% |
| 2025-03-31 | 35.78% |
| 2024-12-31 | 34.90% |
| 2024-09-30 | 34.06% |
| 2024-06-30 | 34.55% |
| 2024-03-31 | 34.03% |
| 2023-12-31 | 34.03% |
| 2023-09-30 | 33.38% |
| 2023-06-30 | 32.15% |
| 2023-03-31 | 31.61% |
| 2022-12-31 | 30.12% |
| 2022-09-30 | 28.53% |
| 2022-06-30 | 29.20% |
| 2022-03-31 | 28.45% |
| 2021-12-31 | 24.97% |
| 2021-09-30 | 27.72% |
| 2021-06-30 | 30.62% |
| 2021-03-31 | 32.15% |
| 2020-12-31 | 28.34% |
| 2020-09-30 | 26.52% |
| 2020-06-30 | 27.18% |
| 2020-03-31 | 28.67% |
| 2019-12-31 | 28.24% |
| 2019-09-30 | 31.45% |
| 2019-06-30 | 30.11% |
| 2019-03-31 | 30.47% |
| 2018-12-31 | 30.12% |
| 2018-09-30 | 33.07% |
| 2018-06-30 | 30.14% |
| 2018-03-31 | 29.62% |
| 2017-12-31 | 31.73% |
| 2017-09-30 | 33.96% |
| 2017-06-30 | 35.35% |
| 2017-03-31 | 32.92% |
| 2016-12-31 | 31.60% |
| 2016-09-30 | 33.69% |
| 2016-06-30 | 33.08% |
| 2016-03-31 | 32.80% |
| 2015-12-31 | 31.69% |
| 2015-09-30 | 31.33% |
| 2015-06-30 | 25.22% |
| 2015-03-31 | 30.83% |
| 2014-12-31 | 30.34% |
| 2014-09-30 | 30.37% |
| 2014-06-30 | 33.32% |
| 2014-03-31 | 32.55% |
| 2013-12-31 | 31.47% |
| 2013-09-30 | 30.29% |
| 2013-06-30 | 33.10% |
| 2013-03-31 | 31.31% |
| 2012-12-31 | 31.24% |
| 2012-09-30 | 34.08% |
| 2012-06-30 | 33.97% |
| 2012-03-31 | 32.03% |
| 2011-12-31 | 29.82% |
| 2011-09-30 | 28.62% |
| 2011-06-30 | 31.20% |
| 2011-03-31 | 32.66% |
| 2010-12-31 | 29.10% |
| 2010-09-30 | 31.98% |
| 2010-06-30 | 30.96% |
| 2010-03-31 | 31.82% |
| 2009-12-31 | 30.47% |
| 2009-09-30 | 31.71% |
| 2009-06-30 | 32.17% |
| 2009-03-30 | 33.35% |
| 2008-12-31 | 33.56% |
| 2008-09-30 | 33.61% |
| 2008-06-30 | 34.29% |
| 2008-03-24 | 33.97% |
| 2007-12-31 | 32.55% |
| 2007-09-30 | 33.36% |
| 2007-06-30 | 31.06% |
| 2007-03-31 | 41.46% |
| 2006-12-31 | 40.14% |
| 2006-09-30 | 40.94% |
| 2006-06-30 | 42.14% |
| 2006-03-31 | 42.93% |
| 2005-12-31 | 40.55% |
| 2005-09-30 | 43.24% |
| 2005-06-30 | 41.99% |
| 2005-03-31 | 43.79% |
| 2004-12-31 | 41.88% |
| 2004-09-30 | 40.39% |
| 2004-06-30 | 45.53% |
| 2004-03-31 | 45.54% |
| 2003-12-31 | 34.77% |
| 2003-09-30 | 48.16% |
| 2003-06-30 | 49.03% |
| 2003-03-31 | 49.38% |
| 2002-12-31 | 47.60% |
| 2002-09-30 | 47.02% |
| 2002-06-30 | 46.73% |
Related Metrics
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