Itron profit margin ITRI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 11.9%
- Operating margin, 12 months
- 13.2%
- Net margin on a year earlier
- +0.8 pts
- Peer median
- 5.5%
Over the twelve months to Jun 30, 2026, Itron kept 11.9% of its revenue as net profit, with an operating margin of 13.2% and a gross margin of 39.9%.
Five years earlier its net margin was −1.2%.
The median for 10 electronic components stocks of a similar size is 5.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 12.7% | 13.2% | 37.7% |
| FY2024 | 9.8% | 10.8% | 34.4% |
| FY2023 | 4.5% | 5.9% | 32.8% |
| FY2022 | −0.5% | −0.4% | 29.1% |
| FY2021 | −4.1% | −4.0% | 28.9% |
| FY2020 | −2.7% | −0.5% | 27.7% |
| FY2019 | 2.0% | 5.3% | 30.1% |
| FY2018 | −4.2% | −2.1% | 30.7% |
| FY2017 | 2.8% | 7.7% | 33.5% |
| FY2016 | 1.6% | 4.8% | 32.8% |
| FY2015 | 0.7% | 2.8% | 29.6% |
| FY2014 | −1.2% | 0.2% | 31.5% |
| FY2013 | −7.5% | −6.9% | 31.5% |
| FY2012 | 5.0% | 6.9% | 32.8% |
| FY2011 | −21.0% | −18.9% | 30.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 11.9% | +0.8 pts | 13.2% | |
| Q1 FY26 | 12.3% | +2.0 pts | 13.0% | |
| Q4 FY25 | 12.7% | +2.9 pts | 13.2% | |
| Q3 FY25 | 10.7% | +1.3 pts | 12.3% | |
| Q2 FY25 | 11.1% | +3.1 pts | 11.8% | |
| Q1 FY25 | 10.3% | +3.3 pts | 11.4% | |
| Q4 FY24 | 9.8% | +5.3 pts | 10.8% | |
| Q3 FY24 | 9.4% | +5.7 pts | 10.4% | |
| Q2 FY24 | 8.0% | +6.0 pts | 9.9% | |
| Q1 FY24 | 7.0% | +8.3 pts | 8.9% | |
| Q4 FY23 | 4.5% | +5.0 pts | 5.9% | |
| Q3 FY23 | 3.6% | +8.6 pts | 4.5% |
Against its peers
Companies in Hardware, Equipment & Parts nearest Itron's size, closest first, today.
| Company | Profit margin |
|---|---|
| ITRIItron | 11.9% |
| OLEDUniversal Display | 32.2% |
| BDCBelden | 8.5% |
| VSHVishay Intertechnology | 0.9% |
| PLXSPlexus | 4.0% |
| STSensata Technologies | 2.4% |
| BHEBenchmark Electronics | 1.9% |
| VICRVicor | 30.6% |
| SANMSanmina | 2.4% |
| TTMITTM Technologies | 7.0% |
| AEISAdvanced Energy Industries | 10.8% |
| Peer median | 5.5% |
Where Itron ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Itron
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.