Itron (ITRI) Revenue & Revenue Breakdown

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Itron Revenue Highlights

Latest Revenue (Y)

$2.17B

Latest Revenue (Q)

$615.46M

Main Segment (Y)

Product

Main Geography (Y)

United States and Canada

Itron Revenue by Period

Itron Revenue by Year

Date	Revenue	Change
2023-12-31	$2.17B	21.06%
2022-12-31	$1.80B	-9.39%
2021-12-31	$1.98B	-8.82%
2020-12-31	$2.17B	-13.15%
2019-12-31	$2.50B	5.32%
2018-12-31	$2.38B	17.73%
2017-12-31	$2.02B	0.25%
2016-12-31	$2.01B	7.21%
2015-12-31	$1.88B	-4.71%
2014-12-31	$1.97B	1.13%
2013-12-31	$1.95B	-10.53%
2012-12-31	$2.18B	-10.51%
2011-12-31	$2.43B	7.74%
2010-12-31	$2.26B	33.89%
2009-12-31	$1.69B	-11.63%
2008-12-31	$1.91B	30.43%
2007-12-31	$1.46B	127.32%
2006-12-31	$644.04M	16.53%
2005-12-31	$552.69M	38.45%
2004-12-31	$399.19M	25.94%
2003-12-31	$316.96M	11.28%
2002-12-31	$284.84M	26.28%
2001-12-31	$225.56M	22.60%
2000-12-31	$183.97M	-4.87%
1999-12-31	$193.40M	-19.88%
1998-12-31	$241.40M	11.71%
1997-12-31	$216.10M	21.68%
1996-12-31	$177.60M	14.29%
1995-12-31	$155.40M	28.75%
1994-12-31	$120.70M	36.23%
1993-12-31	$88.60M	-

Itron generated $2.17B in revenue during NA 2023, up 21.06% compared to the previous quarter, and up 91.48% compared to the same period a year ago.

Itron Revenue by Quarter

Date	Revenue	Change
2024-09-30	$615.46M	1.05%
2024-06-30	$609.07M	0.93%
2024-03-31	$603.44M	4.55%
2023-12-31	$577.17M	2.92%
2023-09-30	$560.77M	3.64%
2023-06-30	$541.07M	9.39%
2023-03-31	$494.62M	5.80%
2022-12-31	$467.49M	11.08%
2022-09-30	$420.86M	-2.55%
2022-06-30	$431.88M	-9.14%
2022-03-31	$475.33M	-2.12%
2021-12-31	$485.64M	-0.27%
2021-09-30	$486.95M	-0.50%
2021-06-30	$489.41M	-5.81%
2021-03-31	$519.57M	-1.06%
2020-12-31	$525.16M	-2.78%
2020-09-30	$540.18M	6.00%
2020-06-30	$509.59M	-14.84%
2020-03-31	$598.41M	-4.77%
2019-12-31	$628.38M	0.63%
2019-09-30	$624.47M	-1.66%
2019-06-30	$635.04M	3.33%
2019-03-31	$614.58M	4.69%
2018-12-31	$587.04M	-1.50%
2018-09-30	$595.96M	1.72%
2018-06-30	$585.89M	-3.51%
2018-03-31	$607.22M	10.25%
2017-12-31	$550.78M	13.15%
2017-09-30	$486.75M	-3.25%
2017-06-30	$503.08M	5.34%
2017-03-31	$477.59M	-3.66%
2016-12-31	$495.71M	-2.20%
2016-09-30	$506.86M	-1.20%
2016-06-30	$513.02M	3.10%
2016-03-31	$497.59M	0.30%
2015-12-31	$496.09M	5.76%
2015-09-30	$469.09M	-0.22%
2015-06-30	$470.10M	4.88%
2015-03-31	$448.25M	-12.12%
2014-12-31	$510.10M	2.75%
2014-09-30	$496.45M	1.45%
2014-06-30	$489.35M	3.07%
2014-03-31	$474.80M	-9.31%
2013-12-31	$523.53M	5.66%
2013-09-30	$495.49M	2.76%
2013-06-30	$482.18M	7.74%
2013-03-31	$447.54M	-14.48%
2012-12-31	$523.34M	3.82%
2012-09-30	$504.06M	-12.96%
2012-06-30	$579.14M	1.31%
2012-03-31	$571.64M	-11.03%
2011-12-31	$642.48M	4.37%
2011-09-30	$615.55M	0.52%
2011-06-30	$612.40M	8.64%
2011-03-31	$563.69M	-8.28%
2010-12-31	$614.56M	6.70%
2010-09-30	$575.97M	1.14%
2010-06-30	$569.46M	14.06%
2010-03-31	$499.28M	4.71%
2009-12-31	$476.82M	16.77%
2009-09-30	$408.36M	-1.30%
2009-06-30	$413.75M	6.49%
2009-03-31	$388.52M	-10.15%
2008-12-31	$432.39M	-10.81%
2008-09-30	$484.82M	-5.66%
2008-06-30	$513.93M	-

Itron generated $615.46M in revenue during Q3 2024, up 1.05% compared to the previous quarter, and up 113.75% compared to the same period a year ago.

Itron Revenue Breakdown

Itron Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Product	$1.86B	-	-	-	-
Service	$310.14M	-	-	-	-
Device Solutions	-	$438.71M	$645.10M	$694.00M	$858.88M
Networked Solutions Segment	-	$1.12B	$1.09B	$1.25B	$1.42B
Outcomes Segment	-	$237.59M	$243.84M	$229.95M	$226.34M

Itron's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (85.73%), and Service (14.27%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Product	$538.25M	$532.91M	$527.82M	$1.38B	$480.36M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service	$77.21M	$76.16M	$75.62M	$229.73M	$80.42M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Device Solutions	-	-	-	-	-	$113.16M	$118.25M	$100.33M	$94.00M	$104.81M	$139.56M	$157.12M	$152.23M	$162.97M	$172.78M	$186.42M	$176.13M	$129.16M	$202.28M	$206.05M
Outcomes Segment	-	-	-	-	-	$66.98M	$62.90M	$66.05M	$56.98M	$57.61M	$56.95M	$63.75M	$60.22M	$61.39M	$58.48M	$61.32M	$57.40M	$55.95M	$55.29M	$53.64M
Networked Solutions Segment	-	-	-	-	-	$360.93M	$313.47M	$301.11M	$269.87M	$269.46M	$278.82M	$264.76M	$274.50M	$265.06M	$288.31M	$277.42M	$306.66M	$324.48M	$340.85M	$368.69M

Itron's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (87.45%), and Service (12.55%).

Itron Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
United States and Canada	$1.73B	$1.30B	$1.27B	$1.43B	$1.63B
Asia Pacific	$99.10M	-	-	-	-
EMEA	$340.85M	$391.56M	$568.01M	$594.26M	$663.85M
Other Countries	-	$101.77M	$139.70M	$144.51M	$208.88M

Itron's latest annual revenue breakdown by geography, as of Dec 23: United States and Canada (79.76%), EMEA (15.68%), and Asia Pacific (4.56%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Asia Pacific	$23.19M	$23.90M	$22.69M	$72.30M	$26.80M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
United States and Canada	$505.61M	$498.39M	$482.10M	$477.64M	$452.58M	$430.62M	$372.84M	$354.56M	$317.96M	$311.83M	$317.89M	$315.88M	$323.78M	$308.67M	$325.54M	$324.55M	$354.84M	$369.86M	$385.32M	$408.29M
EMEA	$86.67M	$86.78M	$98.66M	$75.04M	$81.39M	$85.68M	$98.74M	$84.59M	$80.73M	$96.92M	$129.31M	$130.24M	$126.55M	$150.85M	$160.37M	$162.67M	$156.81M	$107.80M	$166.98M	$168.14M
Other Countries	-	-	-	-	-	$24.78M	$23.03M	$28.34M	$22.16M	$23.13M	$28.13M	$39.52M	$36.62M	$29.89M	$33.67M	$37.94M	$28.53M	$31.93M	$46.11M	$51.95M

Itron's latest quarterly revenue breakdown by geography, as of Sep 24: United States and Canada (82.15%), EMEA (14.08%), and Asia Pacific (3.77%).

Itron Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FTV	Fortive	$6.07B	$1.53B
TDY	Teledyne	$5.64B	$1.35B
ST	Sensata Technologies	$4.05B	$982.83B
MKSI	MKS Instruments	$3.62B	$897.00M
VNT	Vontier	$3.10B	$750.00M
ITRI	Itron	$2.17B	$615.46M
ESE	ESCO	$1.03B	$260.78M
NOVT	Novanta	$881.66M	$244.41M
COHR	Coherent	$402.00M	$1.31B
VPG	Vishay Precision Group	$355.05M	$75.73M
MLAB	Mesa Laboratories	-	$58.17M

ITRI Revenue FAQ

What is Itron’s yearly revenue?

Itron's yearly revenue for 2023 was $2.17B, representing an increase of 21.06% compared to 2022. The company's yearly revenue for 2022 was $1.8B, representing a decrease of -9.39% compared to 2021. ITRI's yearly revenue for 2021 was $1.98B, representing a decrease of -8.82% compared to 2020.

What is Itron’s quarterly revenue?

Itron's quarterly revenue for Q3 2024 was $615.46M, a 1.05% increase from the previous quarter (Q2 2024), and a 9.75% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $609.07M, a 0.93% increase from the previous quarter (Q1 2024), and a 12.57% increase year-over-year (Q2 2023). ITRI's quarterly revenue for Q1 2024 was $603.44M, a 4.55% increase from the previous quarter (Q4 2023), and a 22.00% increase year-over-year (Q1 2023).

What is Itron’s revenue growth rate?

Itron's revenue growth rate for the last 3 years (2021-2023) was 9.69%, and for the last 5 years (2019-2023) was -13.14%.

What are Itron’s revenue streams?

Itron's revenue streams in c 23 are Product, and Service. Product generated $1.86B in revenue, accounting 85.73% of the company's total revenue Service generated $310.14M in revenue, accounting 14.27% of the company's total revenue

What is Itron’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Itron was Product. This segment made a revenue of $1.86B, representing 85.73% of the company's total revenue.