Itron (ITRI) Revenue & Revenue Breakdown


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Itron Revenue Highlights


Latest Revenue (Y)

$2.17B

Latest Revenue (Q)

$609.07M

Main Segment (Y)

Product

Main Geography (Y)

United States and Canada

Itron Revenue by Period


Itron Revenue by Year

DateRevenueChange
2023-12-31$2.17B21.06%
2022-12-31$1.80B-9.39%
2021-12-31$1.98B-8.82%
2020-12-31$2.17B-13.15%
2019-12-31$2.50B5.32%
2018-12-31$2.38B17.73%
2017-12-31$2.02B0.25%
2016-12-31$2.01B7.21%
2015-12-31$1.88B-4.71%
2014-12-31$1.97B1.13%
2013-12-31$1.95B-10.53%
2012-12-31$2.18B-10.51%
2011-12-31$2.43B7.74%
2010-12-31$2.26B33.89%
2009-12-31$1.69B-11.63%
2008-12-31$1.91B30.43%
2007-12-31$1.46B127.32%
2006-12-31$644.04M16.53%
2005-12-31$552.69M38.45%
2004-12-31$399.19M25.94%
2003-12-31$316.96M11.28%
2002-12-31$284.84M26.28%
2001-12-31$225.56M22.60%
2000-12-31$183.97M-4.87%
1999-12-31$193.40M-19.88%
1998-12-31$241.40M11.71%
1997-12-31$216.10M21.68%
1996-12-31$177.60M14.29%
1995-12-31$155.40M28.75%
1994-12-31$120.70M36.23%
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

DateRevenueChange
2024-06-30$609.07M0.93%
2024-03-31$603.44M4.55%
2023-12-31$577.17M2.92%
2023-09-30$560.77M3.64%
2023-06-30$541.07M9.39%
2023-03-31$494.62M5.80%
2022-12-31$467.49M11.08%
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$540.18M6.00%
2020-06-30$509.59M-14.84%
2020-03-31$598.41M-4.77%
2019-12-31$628.38M0.63%
2019-09-30$624.47M-1.66%
2019-06-30$635.04M3.33%
2019-03-31$614.58M4.69%
2018-12-31$587.04M-1.50%
2018-09-30$595.96M1.72%
2018-06-30$585.89M-3.51%
2018-03-31$607.22M10.25%
2017-12-31$550.78M13.15%
2017-09-30$486.75M-3.25%
2017-06-30$503.08M5.34%
2017-03-31$477.59M-3.66%
2016-12-31$495.71M-2.20%
2016-09-30$506.86M-1.20%
2016-06-30$513.02M3.10%
2016-03-31$497.59M0.30%
2015-12-31$496.09M5.76%
2015-09-30$469.09M-0.22%
2015-06-30$470.10M4.88%
2015-03-31$448.25M-12.12%
2014-12-31$510.10M2.75%
2014-09-30$496.45M1.45%
2014-06-30$489.35M3.07%
2014-03-31$474.80M-9.31%
2013-12-31$523.53M5.66%
2013-09-30$495.49M2.76%
2013-06-30$482.18M7.74%
2013-03-31$447.54M-14.48%
2012-12-31$523.34M3.82%
2012-09-30$504.06M-12.96%
2012-06-30$579.14M1.31%
2012-03-31$571.64M-11.03%
2011-12-31$642.48M4.37%
2011-09-30$615.55M0.52%
2011-06-30$612.40M8.64%
2011-03-31$563.69M-8.28%
2010-12-31$614.56M6.70%
2010-09-30$575.97M1.14%
2010-06-30$569.46M14.06%
2010-03-31$499.28M4.71%
2009-12-31$476.82M16.77%
2009-09-30$408.36M-1.30%
2009-06-30$413.75M6.49%
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 $609.07M in revenue during Q2 2024, up 0.93% compared to the previous quarter, and up 123.14% compared to the same period a year ago.

Itron Revenue Breakdown


Itron Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Service$76.16M$75.62M$229.73M$80.42M----------------
Product$532.91M$527.82M$1.38B$480.36M----------------
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$54.90M
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$213.35M
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$356.22M

Itron's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Product (87.50%), and Service (12.50%).

Itron Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 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

CountryJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Asia Pacific$23.90M$22.69M$72.30M$26.80M----------------
EMEA$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$157.16M
United States and Canada$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$405.97M
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$61.34M

Itron's latest quarterly revenue breakdown by geography, as of Jun 24: United States and Canada (81.83%), EMEA (14.25%), and Asia Pacific (3.92%).

Itron Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
FTVFortive$6.07B$1.55B
TDYTeledyne$5.64B$1.35B
STSensata Technologies$4.05B$1.04T
MKSIMKS Instruments$3.62B$887.00M
VNTVontier$3.10B$696.40M
ITRIItron$2.17B$609.07M
ESEESCO$956.03M$260.78M
NOVTNovanta$881.66M$235.86M
COHRCoherent$402.00M$1.21T
VPGVishay Precision Group$355.05M$77.36M
MLABMesa Laboratories-$58.17M

ITRI Revenue FAQ


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.

Itron'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). The company'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). ITRI's quarterly revenue for Q4 2023 was $577.17M, a 2.92% increase from the previous quarter (Q3 2023), and a 23.46% increase year-over-year (Q4 2022).

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%.

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

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.