Itron Operating Expenses Growth & History (ITRI)
Itron's operating expenses was $579.0M for fiscal 2025.
View full Itron company overviewItron annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $579.0M | $3.8M | +0.67% |
| 2024 | 2024-12-31 | $575.2M | −$9.8M | −1.68% |
| 2023 | 2023-12-31 | $585.0M | $55.4M | +10.46% |
| 2022 | 2022-12-31 | $529.6M | −$122.8M | −18.83% |
| 2021 | 2021-12-31 | $652.5M | $39.9M | +6.51% |
| 2020 | 2020-12-31 | $612.6M | −$7.1M | −1.14% |
| 2019 | 2019-12-31 | $619.6M | −$160.4M | −20.56% |
| 2018 | 2018-12-31 | $780.0M | $258.1M | +49.46% |
| 2017 | 2017-12-31 | $521.9M | −$39.7M | −7.06% |
| 2016 | 2016-12-31 | $561.5M | $57.7M | +11.45% |
| 2015 | 2015-12-31 | $503.8M | −$109.7M | −17.88% |
| 2014 | 2014-12-31 | $613.6M | −$141.1M | −18.69% |
| 2013 | 2013-12-31 | $754.6M | $190.6M | +33.79% |
| 2012 | 2012-12-31 | $564.0M | −$641.6M | −53.22% |
| 2011 | 2011-12-31 | $1.21B | $689.2M | +133.44% |
| 2010 | 2010-12-31 | $516.5M | $24.0M | +4.88% |
| 2009 | 2009-12-31 | $492.4M | −$44.6M | −8.31% |
| 2008 | 2008-12-31 | $537.0M | — | — |
Itron quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $154.6M | $7.4M | +5.01% |
| Q1 2026 | 2026-03-31 | $168.7M | $27.7M | +19.67% |
| Q4 2025 | 2025-12-31 | $153.1M | $1.9M | +1.27% |
| Q3 2025 | 2025-09-30 | $137.8M | $2.1M | +1.55% |
| Q2 2025 | 2025-06-30 | $147.2M | $1.4M | +0.95% |
| Q1 2025 | 2025-03-31 | $141.0M | −$1.6M | −1.10% |
| Q4 2024 | 2024-12-31 | $151.2M | $4.0M | +2.74% |
| Q3 2024 | 2024-09-30 | $135.7M | $3.4M | +2.53% |
| Q2 2024 | 2024-06-30 | $145.8M | $7.0M | +5.02% |
| Q1 2024 | 2024-03-31 | $142.6M | −$24.2M | −14.50% |
| Q4 2023 | 2023-12-31 | $147.1M | $18.7M | +14.56% |
| Q3 2023 | 2023-09-30 | $132.3M | $19.1M | +16.91% |
| Q2 2023 | 2023-06-30 | $138.8M | −$20.8M | −13.02% |
| Q1 2023 | 2023-03-31 | $166.8M | $38.4M | +29.87% |
| Q4 2022 | 2022-12-31 | $128.4M | −$100.3M | −43.86% |
| Q3 2022 | 2022-09-30 | $113.2M | −$17.6M | −13.48% |
| Q2 2022 | 2022-06-30 | $159.6M | $2.8M | +1.80% |
| Q1 2022 | 2022-03-31 | $128.4M | −$7.7M | −5.66% |
| Q4 2021 | 2021-12-31 | $228.8M | $112.5M | +96.81% |
| Q3 2021 | 2021-09-30 | $130.8M | −$36.4M | −21.78% |
| Q2 2021 | 2021-06-30 | $156.8M | −$27.1M | −14.73% |
| Q1 2021 | 2021-03-31 | $136.1M | −$9.1M | −6.26% |
| Q4 2020 | 2020-12-31 | $116.2M | −$32.3M | −21.77% |
| Q3 2020 | 2020-09-30 | $167.2M | $10.3M | +6.54% |
| Q2 2020 | 2020-06-30 | $183.9M | $36.2M | +24.55% |
| Q1 2020 | 2020-03-31 | $145.2M | −$21.2M | −12.76% |
| Q4 2019 | 2019-12-31 | $148.6M | $302,000 | +0.20% |
| Q3 2019 | 2019-09-30 | $157.0M | $1.5M | +0.99% |
| Q2 2019 | 2019-06-30 | $147.7M | −$8.4M | −5.36% |
| Q1 2019 | 2019-03-31 | $166.4M | −$153.9M | −48.04% |
| Q4 2018 | 2018-12-31 | $148.3M | $21.4M | +16.86% |
| Q3 2018 | 2018-09-30 | $155.4M | $27.9M | +21.87% |
| Q2 2018 | 2018-06-30 | $156.0M | $15.4M | +10.92% |
| Q1 2018 | 2018-03-31 | $320.3M | $193.5M | +152.58% |
| Q4 2017 | 2017-12-31 | $126.9M | $3.5M | +2.88% |
| Q3 2017 | 2017-09-30 | $127.5M | −$36.8M | −22.40% |
| Q2 2017 | 2017-06-30 | $140.6M | $6.4M | +4.78% |
| Q1 2017 | 2017-03-31 | $126.8M | −$12.8M | −9.18% |
| Q4 2016 | 2016-12-31 | $123.3M | −$12.7M | −9.34% |
| Q3 2016 | 2016-09-30 | $164.3M | $44.0M | +36.55% |
| Q2 2016 | 2016-06-30 | $134.2M | $11.7M | +9.56% |
| Q1 2016 | 2016-03-31 | $139.6M | $14.7M | +11.77% |
| Q4 2015 | 2015-12-31 | $136.0M | −$65.9M | −32.62% |
| Q3 2015 | 2015-09-30 | $120.3M | −$14.1M | −10.52% |
| Q2 2015 | 2015-06-30 | $122.5M | −$7.3M | −5.61% |
| Q1 2015 | 2015-03-31 | $124.9M | −$22.4M | −15.22% |
| Q4 2014 | 2014-12-31 | $201.9M | −$116.8M | −36.64% |
| Q3 2014 | 2014-09-30 | $134.5M | −$22.1M | −14.10% |
| Q2 2014 | 2014-06-30 | $129.8M | −$11.8M | −8.33% |
| Q1 2014 | 2014-03-31 | $147.4M | $9.6M | +6.96% |
| Q4 2013 | 2013-12-31 | $318.7M | $174.6M | +121.26% |
| Q3 2013 | 2013-09-30 | $156.6M | $30.7M | +24.43% |
| Q2 2013 | 2013-06-30 | $141.6M | −$9.1M | −6.02% |
| Q1 2013 | 2013-03-31 | $137.8M | −$5.7M | −3.98% |
| Q4 2012 | 2012-12-31 | $144.0M | −$108.6M | −42.99% |
| Q3 2012 | 2012-09-30 | $125.8M | −$548.4M | −81.34% |
| Q2 2012 | 2012-06-30 | $150.7M | $6.8M | +4.74% |
| Q1 2012 | 2012-03-31 | $143.5M | $8.6M | +6.37% |
| Q4 2011 | 2011-12-31 | $252.6M | $108.5M | +75.25% |
| Q3 2011 | 2011-09-30 | $674.2M | $551.4M | +448.94% |
| Q2 2011 | 2011-06-30 | $143.9M | $19.8M | +15.98% |
| Q1 2011 | 2011-03-31 | $134.9M | $9.4M | +7.53% |
| Q4 2010 | 2010-12-31 | $144.2M | — | — |
| Q3 2010 | 2010-09-30 | $122.8M | $2.4M | +1.95% |
| Q2 2010 | 2010-06-30 | $124.0M | $2.7M | +2.19% |
| Q1 2010 | 2010-03-31 | $125.4M | — | — |
| Q3 2009 | 2009-09-30 | $120.5M | — | — |
| Q2 2009 | 2009-06-30 | $121.4M | — | — |
Itron operating expenses trends
Over the last five fiscal years, Itron's operating expenses decreased from $612.6M to $579.0M, a change of −$33.5M. The latest reported quarter, Q2 2026, shows $154.6M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Itron source filings ↗