Company

Itron Inc.

ITRIElectrical Equipment

Business description

Itron Inc., founded in 1977 and headquartered in Liberty Lake, Washington, United States, is a global provider of smart grid and utility management solutions. It generates revenue through the sale of advanced metering systems, communication networks, and cloud-based data analytics services. Under the leadership of CEO Chris Cornwell since 2021, Itron serves over 6,000 utility customers worldwide. Its flagship platforms, including Active Grid and OpenWay Riva, distinguish it from competitors in a rapidly evolving market. The company is strategically investing in IoT and cloud innovations to drive future growth.

$2.37B
Revenue (LTM)
7
Acquisitions
13.2%
Operating margin
Q1 2026
Latest call

Financials

View financials
Revenue (FY2025) $2.37B
YoY growth +-3.0%
Operating margin 13.2%
Direction Expanding
Gross margin 37.7%
Net margin 12.8%

Leadership & board

View leadership
Diana D. TremblayChair of the Board
Thomas L. DeitrichPresident and Chief Executive Officer
Scott D. DruryDirector
Sheri L. SavageDirector
Frank M. JaehnertDirector
Jerome J. LandeDirector
Sanjay MirchandaniDirector
Timothy M. LeydenDirector
Santiago PerezDirector
Joan S. HooperSenior Vice President and Chief Financial Officer
Donald L. ReevesSenior Vice President, Outcomes
John F. MarcoliniSenior Vice President, Networked Solutions
Justin K. PatrickSenior Vice President, Device Solutions

Share repurchases

Effective November 10, 2025, Itron's Board authorized the 2025 Stock Repurchase Program to repurchase up to $250 million of common stock over an 18-month period; $100 million was used in February 2026, leaving $150 million available as of March 31, 2026.

$250 million
Authorized
$150 million
Remaining
$100 million
Repurchased (latest FY)

Competitors

Named competitors
LM Ericsson Telephone CompanyLandis+GyrAdvanced Energy IndustriesXylem, Inc.

Recent SEC filings

View on EDGAR
2026-05-08 Shareholder vote results (+1 more) View filing ↗
2026-04-28 Reported quarterly results View filing ↗
2026-04-24 Other event View filing ↗
2026-02-26 Entered a material agreement (+3 more) View filing ↗
2026-02-17 Reported quarterly results View filing ↗
2025-11-17 Entered a material agreement (+1 more) View filing ↗
2025-11-10 Other event View filing ↗
2025-10-30 Reported quarterly results View filing ↗
2025-10-06 Regulation FD disclosure (+1 more) View filing ↗
2025-09-29 Entered a material agreement (+1 more) View filing ↗
2025-08-21 Leadership change (directors/officers) (+1 more) View filing ↗
2025-08-14 Leadership change (directors/officers) (+1 more) View filing ↗

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