Short answer
ITRON, INC. (ITRI) filed its Q2 2026 10-Q quarterly report on Jul 28, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $563M (down 7.2% year over year) with net income of $53M.
Q2 2026 key financials · XBRL
- Revenue
- $563M
- −7.2% YoY · −4.1% QoQ
- Net income
- $53M
- −22.0% YoY · −0.3% QoQ
- Operating margin
- 13.5%
- Gross margin
- 41.0%
- EPS (diluted)
- $1.19
- −19.0% YoY · +0.8% QoQ
Source: XBRL data from the ITRON, INC. (ITRI) Q2 2026 10-Q on SEC EDGAR. USD.
ITRON, INC. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly revenue $562.9M, down 7% YoY from $606.8M
- Gross margin 41.0% vs 36.9% YoY
- Net income $53.3M vs $68.3M; adjusted EBITDA $96.8M vs $89.8M
- Total backlog $4.4B vs $4.5B; twelve-month backlog $1.7B vs $1.5B
- Convertible-notes issuance $805M, generating $784M net proceeds in February 2026
Risk Factors
- No risk-factors section provided; supplied text covers repurchases, insider trading, exhibits, and signatures
- New $200 million repurchase authorization effective May 8, 2026
- $644,188 shares repurchased during May–June 2026
- Remaining repurchase capacity $297.766 million at June 30, 2026
- Executive trading plan covering up to 10,210 shares through December 31, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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