Itron's stock surged 10.66% during intraday trading on Tuesday, following the release of its fourth-quarter and full-year 2025 financial results that significantly exceeded analyst expectations.
The energy management technology company reported adjusted earnings per share of $2.46 for Q4 2025, beating the consensus estimate of $2.19. Revenue for the quarter reached $572 million, also surpassing the expected $561.2 million. The strong performance was attributed to increased adoption of the company's Grid Edge Intelligence platform and a 23% revenue growth in its Outcomes segment, driven by higher delivery services and recurring revenue.
Furthermore, Itron provided optimistic guidance for 2026, forecasting full-year revenue between $2.35 billion and $2.45 billion and adjusted EPS in the range of $5.75 to $6.25. The company also highlighted strategic acquisitions of Urbint and Locusview, aimed at enhancing its AI solutions and boosting recurring revenue streams, contributing to positive investor sentiment.