Itron is a technology and services company dedicated to the resourceful use of energy and water. The Company provides comprehensive solutions that measure, manage and analyze energy and water. Itron's product portfolio includes electricity, gas, water and thermal energy measurement devices and control technology; communications systems; software; as well as managed and consulting services.

Company Growth (employees)
Liberty Lake, US
Size (employees)
7,300 (est)
Itron was founded in 1977 and is headquartered in Liberty Lake, US

Itron Office Locations

Itron has offices in Liberty Lake, Charlotte, Spokane, Barcelona and in 23 other locations
Liberty Lake, US (HQ)
2111 N Molter Rd
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Itron Financials and Metrics

Itron Financials

Itron's revenue was reported to be $2 b in FY, 2016

Revenue (Q3, 2017)

486.7 m

Gross profit (Q3, 2017)

165.3 m

Gross profit margin (Q3, 2017), %


Net income (Q3, 2017)

26.9 m

EBIT (Q3, 2017)

37.4 m

Market capitalization (16-Feb-2018)

2.7 b

Cash (30-Sep-2017)

137.6 m


2.9 b
Itron's current market capitalization is $2.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


1.9 b2 b1.9 b2 b

Revenue growth, %


Cost of goods sold

1.3 b1.3 b322.2 m1.4 b

Gross profit

614.5 m623.1 m1.6 b660.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


495.5 m474.8 m489.4 m496.5 m448.2 m470.1 m469.1 m497.6 m513 m506.9 m477.6 m503.1 m486.7 m

Cost of goods sold

345.4 m320.3 m326.3 m345.7 m310 m351.5 m322.1 m334.4 m343.3 m336.1 m320.4 m325.2 m321.4 m

Gross profit

150.1 m154.5 m163 m150.8 m138.2 m118.6 m147 m163.2 m169.7 m170.7 m157.2 m177.9 m165.3 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


124.8 m112.4 m131 m133.6 m

Accounts Receivable

356.7 m348.4 m330.9 m351.5 m


177.5 m154.5 m190.5 m163 m

Current Assets

799.4 m758.7 m758.9 m732.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


122 m146.3 m114.8 m122.5 m118.1 m128.8 m109.5 m132.6 m132 m151.4 m187.9 m127.9 m137.6 m

Accounts Receivable

349.3 m341.5 m369.5 m342.5 m324.7 m338.2 m340.4 m368.4 m369.3 m368.7 m344.4 m374.2 m376.1 m


194.7 m192.6 m192.4 m190.7 m168.2 m195.4 m214.2 m189 m188.2 m189.6 m178.1 m203.6 m207.7 m

Current Assets

816.8 m822.4 m825.9 m795.1 m758.4 m811.8 m806.2 m801.1 m804.7 m831.7 m805.8 m799 m834.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(144.6 m)(21.6 m)5.9 m35.1 m

Depreciation and Amortization

42 m98.5 m7.9 m25.1 m

Accounts Receivable

13.7 m(17 m)237 k(27.2 m)


(11 m)6 m(24 m)22.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

8.9 m(118 k)19.7 m27.3 m5.4 m(8.1 m)5.2 m10.8 m31.3 m22.4 m16 m31 m57.9 m

Depreciation and Amortization

73.7 m25.6 m50.6 m75.2 m19.3 m38.8 m58.5 m16.7 m35.5 m51.6 m14.4 m29.5 m46 m

Accounts Receivable

21.9 m15.4 m(14.7 m)(1.6 m)2 m(6.8 m)(12.4 m)(33.3 m)(35.3 m)(32.7 m)13.1 m(2 m)2.5 m


(27.8 m)(15.8 m)(16.8 m)(24 m)(23.5 m)(49.7 m)(73.2 m)3.2 m2.9 m3.2 m(11.3 m)(29.5 m)(30.8 m)
USDY, 2017


77.2 x


25.2 x


66.7 k

Financial Leverage

2.3 x
Show all financial metrics

Itron Operating Metrics

Itron's Backlog was reported to be $1.6 b in Q1, 2017
Show all operating metrics

Itron Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Silver SpringSeptember 18, 2017$830 m

Itron Market Value History

Itron Revenue Breakdown

Itron Median Salaries

Source: 93 public H-1B filings from Itron

Itron's Web-traffic and Trends

Itron Online and Social Media Presence

Itron News and Updates

Smart Electric Meter 2018 Global Market Key Players - Itron (U.S.), Siemens AG (Germany), Aclara Technologies LLC (U.S.), Schneider Electric SE (France), Wasion Group (China) -Analysis And Forecast To 2025

Wiseguyreports.Com Adds “Smart Electric Meter – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Smart Energy Global Market 2017: Key Players – GE-Alstom, Itron, Siemens, ABB, S&T

Smart Energy -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2022 Posted via Industry Today. Follow us on Twitter @IndustryToday

Smart Electric Meter Global Market Top Key Players – Itron , Landis+Gyr , Schneider Electric , Sensus and Forecast to 2021

The analysts forecast the global smart electric meter market to grow at a CAGR of 8.83% during the period 2017-2021. Posted via Industry Today. Follow us on Twitter @IndustryToday

Industrial Internet firm Silver Spring acquired by Itron for $830M

A significant portion of the connected devices in use today are employed for industrial purposes such as monitoring remote equipment. Liberty Lake, Washington-based Itron Inc. is one of the suppliers shaping this part of the market. The firm, which mainly sells metering hardware for measuring energy…

How can you detect seismic waves?

At Sensor Expo 2017, Jacob Hicks, the assistant product manager for Omron Electronic Components’ Sensors unit shows the capabilities of the D7S, a vibration sensor that can detect seismic waves, and Itron’s Riva development board for wireless communications. Partnering with Itron, Omron’s D7S sits o…

HIG Capital sells Comverge, Peak Holding for $100 mln

H.I.G. Capital has sold Comverge Inc, along with its parent company, Peak Holding Corp, to Itron Inc for $100 million in cash. Comverge, of Norcross, Georgia, provides demand response, energy efficiency, customer engagement and distributed generation solutions to utility customers.

Itron Company Life and Culture

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