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Itron Inc (ITRI)
NASDAQ:ITRI
US Market
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Itron (ITRI) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Mar 02, 2026
After Close (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
2.19
Last Year’s EPS
1.35
Same Quarter Last Year
Based on 8 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Oct 30, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call highlighted Itron's record-breaking financial performance and strategic growth initiatives, such as the acquisition of Urbint and expansion in distributed intelligence. However, the call also addressed challenges with lower-than-expected bookings and delays in project deployments, which are affecting revenue growth in the short term. Despite these challenges, the company remains confident in its long-term growth trajectory.
Company Guidance
During the third quarter of fiscal year 2025, Itron achieved notable financial milestones with revenue reaching $582 million, adjusted EBITDA at $97 million, and non-GAAP earnings per share of $1.54. The company also reported a record free cash flow of $113 million. Despite a challenging environment, Itron's backlog at the end of the quarter amounted to $4.3 billion, with third-quarter bookings totaling $380 million. The company observed a 119% year-over-year growth in licensed distributed intelligence applications, which reached $20 million by quarter-end. However, lower-than-expected bookings and increased market uncertainty have led to tempered year-end booking expectations, with the possibility of not achieving a 1:1 book-to-bill ratio for the year. The company remains confident in its long-term trajectory, highlighted by a 25% expansion in its opportunity pipeline since the year's start. Furthermore, Itron announced its acquisition of Urbint, expected to close in the fourth quarter, which aligns with its M&A priorities and complements its existing portfolio.
Record-Breaking Financial Performance
During the third quarter, Itron set new records for margins, profit, and free cash flow. Adjusted EBITDA was $97 million, non-GAAP earnings per share were $1.54, and free cash flow was $113 million.
Expansion in Distributed Intelligence
Distributed intelligence-enabled endpoints topped 16 million deployed by the end of the third quarter, with licensed DI applications growing 119% year-over-year to $20 million.
Acquisition of Urbint
Itron announced the acquisition of Urbint, a SaaS-based business that complements its portfolio with solutions for emergency preparedness and response, damage prevention, and worker safety.
Strong Outcomes Segment Growth
The Outcomes segment grew 11% year-over-year, driven by higher recurring revenue, with outcomes-related bookings leading relative backlog growth across the company's segments.
Strong Cash Position and Liquidity
Total debt was $1.265 billion, and cash and equivalents were $1.332 billion. The company also increased its revolving line of credit to $750 million, maturing in 2030.

Itron (ITRI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

ITRI Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Mar 02, 2026
2025 (Q4)
2.19 / -
1.35
Oct 30, 2025
2025 (Q3)
1.48 / 1.54
1.84-16.30% (-0.30)
Jul 31, 2025
2025 (Q2)
1.36 / 1.62
1.2133.88% (+0.41)
May 01, 2025
2025 (Q1)
1.32 / 1.52
1.2422.58% (+0.28)
Feb 25, 2025
2024 (Q4)
1.06 / 1.35
1.239.76% (+0.12)
Oct 31, 2024
2024 (Q3)
1.13 / 1.84
0.9887.76% (+0.86)
Aug 01, 2024
2024 (Q2)
0.96 / 1.21
0.6586.15% (+0.56)
May 02, 2024
2024 (Q1)
0.84 / 1.24
0.49153.06% (+0.75)
Feb 26, 2024
2023 (Q4)
0.75 / 1.23
0.7173.24% (+0.52)
Nov 02, 2023
2023 (Q3)
0.51 / 0.98
0.23326.09% (+0.75)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

ITRI Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 30, 2025
$138.18$108.99-21.12%
Jul 31, 2025
$138.42$124.54-10.03%
May 01, 2025
$111.29$108.05-2.91%
Feb 25, 2025
$92.60$101.81+9.95%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Itron Inc (ITRI) report earnings?
Itron Inc (ITRI) is schdueled to report earning on Mar 02, 2026, After Close (Confirmed).
    What is Itron Inc (ITRI) earnings time?
    Itron Inc (ITRI) earnings time is at Mar 02, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is ITRI EPS forecast?
          ITRI EPS forecast for the fiscal quarter 2025 (Q4) is 2.19.

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