Company Description
Itron, Inc. (NASDAQ: ITRI) is a technology company that focuses on how utilities and cities manage energy, water and city services. According to the company’s public statements, Itron provides intelligent infrastructure solutions that help utilities and municipalities improve efficiency, build resilience and deliver safe, reliable and affordable service. With an emphasis on edge intelligence, Itron connects people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive.
Itron reports and manages its business through three operating segments: Device Solutions, Networked Solutions and Outcomes. As described in company information, the Device Solutions segment includes hardware products used for measurement, control or sensing that do not have embedded communications for use with broader Itron systems. The Networked Solutions segment combines communicating devices, network infrastructure and associated application software that are designed and sold as complete solutions. The Outcomes segment encompasses value-added, enhanced software and services that manage, organize, analyze and interpret data to improve decision-making and support operational profitability for customers.
Across these segments, Itron’s solutions are used by utilities and cities that want to modernize their infrastructure and operations. Public materials describe Itron as working with customers in electricity, water and smart city applications, where accurate measurement, data collection and analytics are central to managing resources. The company highlights that its intelligent infrastructure offerings are intended to help customers improve efficiency, strengthen resilience and maintain reliable service for end users.
Energy and grid-edge focus
Itron describes its technology as addressing growing complexity in energy systems. In its communications, the company refers to Grid Edge Intelligence solutions, which are designed to help utilities and municipalities respond to changing demand, integrate distributed energy resources and manage increasingly dynamic networks. Itron has also discussed leveraging data analytics and artificial intelligence in its offerings, particularly in connection with operational resilience and planning for energy infrastructure.
The company’s public reporting indicates that utilities are using data analytics, AI and grid-edge intelligence to support grid optimization, safety and demand forecasting. Itron positions its solutions as tools that can help utilities modernize infrastructure, anticipate risks and strengthen community safety as energy systems evolve.
Water and smart city applications
In addition to energy, Itron states that it is transforming how the world manages water and city services. The company’s announcements describe deployments of smart water solutions, including smart water meters, meter data management platforms and cloud-based data collection systems. These solutions are intended to help water utilities reduce water loss, improve visibility into consumption and modernize their distribution networks.
Itron also highlights a portfolio of smart city technologies. Public information references smart lighting infrastructure and related platforms that support remote streetlight monitoring, adaptive lighting schedules and outage detection. These offerings are aimed at helping utilities and local authorities improve public services, reduce emissions from inefficient lighting and lower maintenance costs.
Software, services and intelligent infrastructure
Beyond physical devices, Itron emphasizes software and services that turn operational data into actionable insights. The company’s descriptions of its Outcomes segment and related solutions refer to hosted, software-as-a-service (SaaS) platforms, meter data management systems and digital tools that support construction management and operational resilience. These software capabilities are presented as a way for infrastructure operators to organize and analyze large volumes of data, automate workflows and support decision-making.
Itron’s public disclosures also reference acquisitions of software and services companies that serve utilities, including businesses focused on digital construction management and AI-powered operational resilience solutions. The company states that these acquisitions are intended to enhance its offerings for critical infrastructure providers and expand its resiliency-focused solutions.
Capital markets and corporate profile
Itron is incorporated in Washington and files reports with the U.S. Securities and Exchange Commission under Commission File Number 000-22418. The company’s common stock trades on the NASDAQ under the symbol ITRI. SEC filings and company communications describe Itron as a global participant in energy, water, smart city, industrial IoT (IIoT) and intelligent infrastructure services, working with utilities, cities and other infrastructure operators.
Through its mix of device hardware, networked systems and outcome-focused software and services, Itron positions itself as a partner to organizations seeking to manage essential resources more effectively. Its stated mission is to create a more resourceful world by safeguarding natural resources and improving quality of life for people who depend on reliable energy, water and city services.
Frequently asked questions about Itron, Inc. (ITRI)
- What does Itron, Inc. do?
Itron, Inc. develops and provides intelligent infrastructure solutions that help utilities and cities manage energy, water and city services. Its offerings span devices, networked systems and software and services that collect, analyze and act on operational data.
- How does Itron generate revenue?
According to company information, Itron manages and reports its business through three segments: Device Solutions, Networked Solutions and Outcomes. Device Solutions includes hardware products for measurement, control or sensing. Networked Solutions combines communicating devices, network infrastructure and application software sold as complete solutions. Outcomes includes enhanced software and services that manage and interpret data for customers.
- What industries does Itron serve?
Itron states that it serves utilities and cities involved in managing energy, water and city services. Its solutions are used in areas such as electricity networks, water distribution and smart city applications like lighting and other infrastructure services.
- What is meant by Itron’s “intelligent infrastructure solutions”?
In Itron’s public descriptions, intelligent infrastructure solutions refer to combinations of devices, networks, software and services that enable utilities and cities to measure usage, collect data, apply analytics and support operational decisions. These solutions are intended to improve efficiency, resilience and reliability in managing essential resources.
- What is Itron’s focus on edge intelligence?
Itron explains that it uses edge intelligence to connect people, data insights and devices closer to where resources are consumed or managed. This approach is intended to help communities and utilities respond more quickly to changing conditions and manage resources more effectively.
- How does Itron describe its role in energy and grid modernization?
Company communications describe Itron’s Grid Edge Intelligence solutions as tools that help utilities address increasing complexity and uncertainty in energy systems. These solutions are aimed at enabling more agile infrastructure, integrating distributed energy resources and supporting data-driven planning and operations.
- What types of water-related solutions does Itron offer?
Public announcements from Itron describe smart water solutions that include smart water meters, meter data management platforms and cloud-based data collection systems. These solutions are used by water utilities to manage water loss, gain visibility into consumption and modernize water infrastructure.
- Does Itron provide smart city technologies?
Yes. Itron’s materials reference smart city offerings such as smart lighting technologies, networked lighting controllers and software platforms that support remote monitoring, adaptive lighting and outage detection. These are intended to help utilities and councils improve safety, reduce emissions and manage lighting assets.
- Where is Itron incorporated and how is it regulated?
Itron is incorporated in Washington and is a registrant with the U.S. Securities and Exchange Commission, filing periodic reports under Commission File Number 000-22418. Its common stock is listed on the NASDAQ under the ticker ITRI.
- What is Itron’s stated mission?
In its public statements, Itron says it is transforming how the world manages energy, water and city services and invites stakeholders to join in creating a more resourceful world. The company emphasizes improving efficiency, resilience and the quality of life by safeguarding natural resources and supporting reliable service delivery.
Stock Performance
Itron (ITRI) stock last traded at $85.60, down 8.25% from the previous close. Over the past 12 months, the stock has lost 18.7%. At a market capitalization of $3.9B, ITRI is classified as a mid-cap stock with approximately 44.3M shares outstanding.
Latest News
Itron has 10 recent news articles. Of the recent coverage, 8 articles coincided with positive price movement and 2 with negative movement. Key topics include AI, offering, earnings, partnership. View all ITRI news →
SEC Filings
Itron has filed 5 recent SEC filings, including 2 Form 4, 1 Form SCHEDULE 13G/A, 1 Form ARS, 1 Form DEF 14A. The most recent filing was submitted on March 27, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all ITRI SEC filings →
Insider Radar
Insider selling at Itron over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Itron generated $2.4B in revenue over the trailing twelve months, retaining a 37.7% gross margin, operating income reached $313.1M (13.2% operating margin), and net income was $301.1M, reflecting a 12.7% net profit margin. Diluted earnings per share stood at $6.50. The company generated $406.0M in operating cash flow. With a current ratio of 1.80, the balance sheet reflects a strong liquidity position.
Upcoming Events
Annual Meeting of Shareholders
Deploy up to 1,000 devices
20% water reduction target
Itron has 3 upcoming scheduled events. The next event, "Annual Meeting of Shareholders", is scheduled for May 7, 2026 (in 40 days). Investors can track these dates to stay informed about potential catalysts that may affect the ITRI stock price.
Short Interest History
Short interest in Itron (ITRI) currently stands at 3.0 million shares, up 4.2% from the previous reporting period, representing 6.9% of the float. Over the past 12 months, short interest has decreased by 16%. The 6.5 days to cover indicates moderate liquidity for short covering.
Days to Cover History
Days to cover for Itron (ITRI) currently stands at 6.5 days, up 25.6% from the previous period. This moderate days-to-cover ratio suggests reasonable liquidity for short covering, requiring about a week of average trading volume. The ratio has shown significant volatility over the period, ranging from 2.3 to 9.5 days.
ITRI Company Profile & Sector Positioning
Itron (ITRI) operates in the Scientific & Technical Instruments industry within the broader Instruments for Meas & Testing of Electricity & Elec Signals sector and is listed on the NASDAQ.
Investors comparing ITRI often look at related companies in the same sector, including Badger Mete (BMI), Vontier Corp (VNT), Esco Technologies Inc (ESE), MKS Inc. (MKSI), and Sensata Tech (ST). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate ITRI's relative position within its industry.