Revenue CAGR:-3.99%(TTM)
Based on reported financial statement history.
Over longer horizons, Revenue CAGR averages 8.95% over 3 years and 2.30% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Revenue CAGR measures how the company's top-line revenue has grown over time. Consistent revenue growth is a key indicator of business expansion and market share gains.
ITRI Revenue CAGR Chart
Itron, Inc. (ITRI)
ITRI Quarterly Revenue Growth (YoY)
Revenue growth vs the same quarter one year earlier, last 20 quarters.
ITRI Revenue CAGR History
| Year | Start Revenue | End Revenue | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $2.44B | $2.37B | $-73.64M | -3.02% | -3.02% |
| 2024 | $2.17B | $2.44B | +$267.20M | +12.29% | +12.29% |
| 2023 | $1.80B | $2.17B | +$378.07M | +21.06% | +21.06% |
| 2022 | $1.98B | $1.80B | $-186.01M | -9.39% | -9.39% |
| 2021 | $2.17B | $1.98B | $-191.78M | -8.82% | -8.82% |
| 2020 | $2.50B | $2.17B | $-329.12M | -13.15% | -13.15% |
| 2019 | $2.38B | $2.50B | +$126.35M | +5.32% | +5.32% |
| 2018 | $2.02B | $2.38B | +$357.92M | +17.73% | +17.73% |
| 2017 | $2.01B | $2.02B | +$5.01M | +0.25% | +0.25% |
| 2016 | $1.88B | $2.01B | +$135.37M | +7.21% | +7.21% |
| 2015 | $1.97B | $1.88B | $-92.88M | -4.71% | -4.71% |
| 2014 | $1.95B | $1.97B | +$21.97M | +1.13% | +1.13% |
| 2013 | $2.18B | $1.95B | $-229.45M | -10.53% | -10.53% |
| 2012 | $2.43B | $2.18B | $-255.95M | -10.51% | -10.51% |
| 2011 | $2.26B | $2.43B | +$174.85M | +7.74% | +7.74% |
| 2010 | $1.69B | $2.26B | +$571.82M | +33.89% | +33.89% |
| 2009 | $1.91B | $1.69B | $-222.17M | -11.63% | -11.63% |
| 2008 | $1.46B | $1.91B | +$445.56M | +30.43% | +30.43% |
| 2007 | $644.04M | $1.46B | +$820.01M | +127.32% | +127.32% |
| 2006 | $552.69M | $644.04M | +$91.35M | +16.53% | +16.53% |
| 2005 | $399.19M | $552.69M | +$153.50M | +38.45% | +38.45% |
| 2004 | $316.96M | $399.19M | +$82.23M | +25.94% | +25.94% |
| 2003 | $284.84M | $316.96M | +$32.12M | +11.28% | +11.28% |
| 2002 | $225.56M | $284.84M | +$59.29M | +26.28% | +26.28% |
| 2001 | $183.97M | $225.56M | +$41.58M | +22.60% | +22.60% |
| 2000 | $193.40M | $183.97M | $-9.43M | -4.87% | -4.87% |
| 1999 | $241.40M | $193.40M | $-48.00M | -19.88% | -19.88% |
| 1998 | $216.10M | $241.40M | +$25.30M | +11.71% | +11.71% |
| 1997 | $177.60M | $216.10M | +$38.50M | +21.68% | +21.68% |
Quarterly Revenue: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $586.98M | +2.7% | -3.3% |
| Q4 2025 | $571.66M | -1.7% | -6.7% |
| Q3 2025 | $581.63M | -4.1% | -5.5% |
| Q2 2025 | $606.76M | -0.1% | -0.4% |
| Q1 2025 | $607.15M | -0.9% | +0.6% |
| Q4 2024 | $612.86M | -0.4% | +6.2% |
| Q3 2024 | $615.46M | +1.0% | +9.8% |
| Q2 2024 | $609.07M | +0.9% | +12.6% |
| Q1 2024 | $603.44M | +4.6% | +22.0% |
| Q4 2023 | $577.17M | +2.9% | +23.5% |
| Q3 2023 | $560.77M | +3.6% | +33.2% |
| Q2 2023 | $541.07M | +9.4% | +25.3% |
| Q1 2023 | $494.62M | +5.8% | +4.1% |
| Q4 2022 | $467.49M | +11.1% | -3.7% |
| Q3 2022 | $420.86M | -2.6% | -13.6% |
| Q2 2022 | $431.88M | -9.1% | -11.8% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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