Itron Reports Q3 Revenue of $582 Million and Net Income of $66 Million
Reuters
Oct 30, 2025
Itron Reports Q3 Revenue of $582 Million and Net Income of $66 Million
Itron Inc. reported third quarter 2025 financial results with revenue of $582.0 million, a decrease of 5.0 percent compared to the same period in 2024. Net income attributable to Itron Inc. was $66.0 million, or $1.41 per diluted share, down from $78.0 million, or $1.70 per diluted share in the prior year. The company cited higher income tax expense as a primary factor for the decrease, partially offset by higher operating income. Non-GAAP net income was $72.0 million, or $1.54 per diluted share, compared to $84.0 million, or $1.84 per diluted share in 2024. Adjusted EBITDA increased by 10.0 percent to $97.0 million. Free cash flow rose by $55.0 million to $113.0 million. Itron highlighted continued demand for its Grid Edge Intelligence solutions and increased deployment of advanced technology by customers during the period.
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