Itron Inc. develops intelligent infrastructure for utilities and cities that measure, manage and analyze energy, water and city services. Company news commonly covers grid edge intelligence, advanced metering infrastructure, communicating endpoints, network infrastructure, headend software and analytics used across electric, gas and water deployments.
Recurring updates include quarterly results, segment activity in Device Solutions, Networked Solutions, Resiliency Solutions and Outcomes, and customer deployments such as distributed energy resource management for low-voltage networks. Itron also reports product expansions for UtilityIQ, cellular gas and water modules, AI-enabled distributed intelligence, education and sustainability programs, and capital-structure actions such as convertible senior notes.
Itron (NASDAQ: ITRI) expanded its UtilityIQ® Application Suite on March 3, 2026 to support two cellular modules: the Cellular 500G for gas meters and the Cellular 500W for water meters. Both use Itron’s Gen6 platform and enable unified headend management across electric, gas and water deployments.
The release highlights multi-transport, multi-device and multi-vendor interoperability, cellular and hybrid deployment options, seamless integration with Gen5 mesh, carrier partnerships for connectivity, and U.S. availability through select cellular carriers.
Itron (NASDAQ: ITRI) priced an upsized private offering of $700.0 million 0.00% convertible senior notes due 2032, up from $600.0 million, with a 13-day option to sell an additional $105.0 million. The notes convert at 8.0793 shares per $1,000 (≈$123.77/share), a ~30.0% premium to the Feb 23, 2026 closing price.
Estimated net proceeds are ≈$681.1 million (≈$783.3 million if option exercised). The company expects to use ≈$80.7 million to fund capped calls, ≈$100.0 million to repurchase 1,050,309 shares, and the remainder to repay its 2026 convertible notes and for general corporate purposes.
Itron (NASDAQ: ITRI) intends to offer $600.0 million aggregate principal amount of convertible senior notes due 2032, with an initial purchaser option for an additional $90.0 million. The company plans related capped call transactions, may repurchase up to $125.0 million of common stock concurrently, and expects to use proceeds to repay its 0.00% convertible notes due 2026 and for general corporate purposes.
The interest rate, conversion rate and final terms will be set at pricing; the notes will be offered to qualified institutional buyers under Rule 144A.
Itron (NASDAQ:ITRI) reported Q4 2025 revenue of $572M and full-year revenue of $2.4B, down 7% and 3% year-over-year. GAAP net income was $102M (Q4) and $301M (FY), GAAP EPS $2.21 (Q4) and $6.50 (FY). Adjusted EBITDA rose 21% in Q4 and 16% for the year. Free cash flow was $112M (Q4) and $383M (FY). Itron closed the Locusview acquisition and provided 2026 revenue and non-GAAP EPS guidance.
Itron (NYSE: ITRI) and Toumetis launched a Southern California pilot with San Diego Gas & Electric under the EPIC program to reduce wildfire risk and improve electric reliability by preventing outages and shortening restoration time.
The project links high-resolution meter and grid sensor data with Toumetis’ Cascadence™ AI/ML to detect precursor conditions, prioritize events and accelerate fault location, triage and restoration metrics for possible expansion across additional circuits.
PG&E and Itron (ITRI) expanded a collaboration to deploy grid edge intelligence that aims to ease home electrification, improve EV charging without costly panel upgrades, enhance real-time grid awareness, reduce wildfire risk, and speed outage response.
PG&E plans up to 1,000 devices through 2026 with intent to scale to hundreds of thousands; initial funding is partially via California's EPIC public R&D program.
Itron (NASDAQ: ITRI) will showcase its Grid Edge Intelligence portfolio and newly formed Resiliency Solutions segment at DTECH 2026 in San Diego, Feb 2-5, 2026. The announcement highlights scale: 16 million DI-enabled meters shipped, 100 million endpoints under management, and 70 GWh of flexible load dispatched in 2025.
The company emphasized edge AI/ML partnerships with NVIDIA, Microsoft, AWS, Snowflake and others, integrations from recent Urbint and Locusview acquisitions, and product use cases including DERMS, load disaggregation and advanced grid reliability features.
Itron (NASDAQ: ITRI) expanded its AI partnership with Microsoft on Jan. 28, 2026, introducing an Itron Intelligent Edge Operating System (IEOS) Connector for Microsoft 365 Copilot to surface trusted meter and operations data in natural-language queries.
The integration links IEOS, Itron Enterprise Edition MDM and Operations Optimizer, preserves access controls, and will be offered via Microsoft Marketplace; live demos are planned at DTECH Feb. 2-5, 2026.
Itron (NASDAQ: ITRI) and Snowflake are collaborating to deliver an AI-powered Grid Planning solution that enables full system-wide modeling in under 24 hours. The solution uses Snowflake’s managed AI Data Cloud and Itron’s grid edge expertise to run a first-of-its-kind 8,760-hour powerflow analysis with hourly forecasts down to individual buses, aimed at improving DER integration, reliability and cost efficiency.
Two modules (Model Validator and Load Forecasting) are GA today; Power Flow Analyzer and Hosting Capacity Analyzer are in private preview with GA scheduled in 2026. The offering emphasizes scalable performance, usage-based cost transparency, cloud-agnostic deployment and data harmonization for utilities.
Itron (NASDAQ: ITRI) will release fourth quarter and full year 2025 financial results for the period ended Dec. 31, 2025 at 8:30 a.m. EST on Feb. 17, 2026. Management will host a conference call at 10:00 a.m. EST the same day to discuss the results, with a live webcast and supplemental presentation available on the company investor website. Participants are advised to access the webcast 10 minutes early to install and test audio software and may pre-register at any time. A replay of the webcast will be available through Feb. 25, 2026 on the investor events and presentations page.