Snapshot
Itron, Inc. reported $607M of revenue in Q2 2025, up -0.4% year over year, with diluted EPS of $1.47 and an operating margin of 12.6%.
- Revenue
- $607M
- YoY growth
- +-0.4%
- Diluted EPS
- $1.47
- Operating margin
- 12.6%
$607M
Revenue
+-0.4%
YoY growth
$1.47
Diluted EPS
12.6%
Operating margin
01 Key takeaways
What management said
- •Tom Deitrich, Itron's President and Chief Executive Officer, and Joan Hooper, Senior Vice President and Chief Financial Officer, will review Itron's second quarter results and provide a general business update and outlook.
- •Before Tom begins, a reminder that our earnings release and financial presentation include non-GAAP financial information that we believe enhances the overall understanding of our.
- •Reconciliations of differences between GAAP and non-GAAP financial measures are available in our earnings release and on our Investor Relations website.
- •The team performed well, achieving revenue in line with expectations and earnings above.
- •Turning to Slide 5, Itron set new quarterly records for margins, profitability, and cash flow.
- •Our differentiated Outcomes segment continued to drive growth, reinforcing our market leadership in agile distribution infrastructure.
- •The long-term market outlook remains positive, driven by rising electricity demand, increased resiliency and reliability requirements, and ongoing focus on efficiency and safety.
- •Consequently, we are lowering our full year revenue outlook midpoint by approximately 3%.
- •At the same time, growing customer demand for high-value solutions along with operational efficiencies has raised our full year EPS outlook midpoint by 13%.
- •We maintain our outlook for the full year book-to-bill ratio of one to one or higher.
- •Now Joan will provide details about our second quarter and our outlook for the third quarter and the full year.
- •Second quarter revenue of $607 million was within the range we expected and slightly lower than the prior year, which included a significant amount of constrained revenue catch up.
SourcesCompany financials · earnings call
Last updated