Short answer
ITRON, INC. (ITRI) filed its Q1 2026 10-Q quarterly report on Apr 28, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $587M (down 3.3% year over year) with net income of $53M.
Q1 2026 key financials · XBRL
- Revenue
- $587M
- −3.3% YoY
- Net income
- $53M
- −18.4% YoY
- Operating margin
- 11.5%
- Gross margin
- 40.3%
- EPS (diluted)
- $1.18
- −16.9% YoY
Source: XBRL data from the ITRON, INC. (ITRI) Q1 2026 10-Q on SEC EDGAR. USD.
ITRON, INC. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $587.0M, down $20.2M or 3% YoY from $607.2M
- Gross margin 40.3% vs 35.8% YoY
- Net income $53.5M vs $65.5M; adjusted EBITDA $92.0M vs $87.9M
- Backlog $4.4B vs $4.7B; twelve-month backlog $1.6B unchanged YoY
- $784M net proceeds from $805M convertible notes issued February 23, 2026
Risk Factors
- Risk Factors section not provided; no new or changed risks identifiable from supplied text
- $250 million repurchase authorization, with $150 million remaining after February purchases
- Zero-percent convertible senior notes due 2032, issued February 26, 2026
- Officer trading plan covering up to 11,400 shares through July 20, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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