Itron annual operating margin
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2025
Itron Operating Margin Growth & History (ITRI)
Itron's operating margin was 13.23% for fiscal 2025.
View full Itron company overviewItron annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 13.23% | +2.40 pp |
| 2024 | 2024-12-31 | 10.82% | +4.89 pp |
| 2023 | 2023-12-31 | 5.93% | +6.34 pp |
| 2022 | 2022-12-31 | −0.41% | +3.59 pp |
| 2021 | 2021-12-31 | −4.00% | −3.52 pp |
| 2020 | 2020-12-31 | −0.48% | −5.78 pp |
| 2019 | 2019-12-31 | 5.30% | +7.39 pp |
| 2018 | 2018-12-31 | −2.09% | −9.77 pp |
| 2017 | 2017-12-31 | 7.67% | +2.66 pp |
| 2016 | 2016-12-31 | 5.02% | +2.21 pp |
| 2015 | 2015-12-31 | 2.81% | +2.78 pp |
| 2014 | 2014-12-31 | 0.02% | +7.24 pp |
| 2013 | 2013-12-31 | −7.22% | −14.15 pp |
| 2012 | 2012-12-31 | 6.94% | +25.80 pp |
| 2011 | 2011-12-31 | −18.86% | −27.02 pp |
| 2010 | 2010-12-31 | 8.15% | +5.48 pp |
| 2009 | 2009-12-31 | 2.67% | −3.08 pp |
| 2008 | 2008-12-31 | 5.75% | — |
Itron quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 13.51% | +0.92 pp |
| Q1 2026 | 2026-03-31 | 11.51% | −1.04 pp |
| Q4 2025 | 2025-12-31 | 13.76% | +3.52 pp |
| Q3 2025 | 2025-09-30 | 14.06% | +2.05 pp |
| Q2 2025 | 2025-06-30 | 12.59% | +1.98 pp |
| Q1 2025 | 2025-03-31 | 12.55% | +2.15 pp |
| Q4 2024 | 2024-12-31 | 10.24% | +1.70 pp |
| Q3 2024 | 2024-09-30 | 12.01% | +2.22 pp |
| Q2 2024 | 2024-06-30 | 10.61% | +4.13 pp |
| Q1 2024 | 2024-03-31 | 10.41% | +12.51 pp |
| Q4 2023 | 2023-12-31 | 8.54% | +5.89 pp |
| Q3 2023 | 2023-09-30 | 9.79% | +8.15 pp |
| Q2 2023 | 2023-06-30 | 6.49% | +14.25 pp |
| Q1 2023 | 2023-03-31 | −2.10% | −3.54 pp |
| Q4 2022 | 2022-12-31 | 2.65% | +24.78 pp |
| Q3 2022 | 2022-09-30 | 1.64% | +0.78 pp |
| Q2 2022 | 2022-06-30 | −7.76% | −6.35 pp |
| Q1 2022 | 2022-03-31 | 1.43% | −4.52 pp |
| Q4 2021 | 2021-12-31 | −22.13% | −28.34 pp |
| Q3 2021 | 2021-09-30 | 0.85% | +5.29 pp |
| Q2 2021 | 2021-06-30 | −1.42% | +7.49 pp |
| Q1 2021 | 2021-03-31 | 5.95% | +1.55 pp |
| Q4 2020 | 2020-12-31 | 6.21% | +1.61 pp |
| Q3 2020 | 2020-09-30 | −4.44% | −10.75 pp |
| Q2 2020 | 2020-06-30 | −8.91% | −15.77 pp |
| Q1 2020 | 2020-03-31 | 4.41% | +1.02 pp |
| Q4 2019 | 2019-12-31 | 4.59% | −0.26 pp |
| Q3 2019 | 2019-09-30 | 6.32% | −0.68 pp |
| Q2 2019 | 2019-06-30 | 6.86% | +3.35 pp |
| Q1 2019 | 2019-03-31 | 3.39% | +26.52 pp |
| Q4 2018 | 2018-12-31 | 4.86% | −3.89 pp |
| Q3 2018 | 2018-09-30 | 6.99% | −0.86 pp |
| Q2 2018 | 2018-06-30 | 3.51% | −3.97 pp |
| Q1 2018 | 2018-03-31 | −23.13% | −29.58 pp |
| Q4 2017 | 2017-12-31 | 8.75% | +1.58 pp |
| Q3 2017 | 2017-09-30 | 7.85% | +6.59 pp |
| Q2 2017 | 2017-06-30 | 7.48% | +0.57 pp |
| Q1 2017 | 2017-03-31 | 6.45% | +1.72 pp |
| Q4 2016 | 2016-12-31 | 7.17% | +3.87 pp |
| Q3 2016 | 2016-09-30 | 1.26% | −4.47 pp |
| Q2 2016 | 2016-06-30 | 6.91% | +7.76 pp |
| Q1 2016 | 2016-03-31 | 4.74% | +1.72 pp |
| Q4 2015 | 2015-12-31 | 3.30% | +14.07 pp |
| Q3 2015 | 2015-09-30 | 5.74% | +2.42 pp |
| Q2 2015 | 2015-06-30 | −0.84% | −7.37 pp |
| Q1 2015 | 2015-03-31 | 3.02% | +2.06 pp |
| Q4 2014 | 2014-12-31 | −10.77% | +19.20 pp |
| Q3 2014 | 2014-09-30 | 3.32% | +4.62 pp |
| Q2 2014 | 2014-06-30 | 6.52% | +2.80 pp |
| Q1 2014 | 2014-03-31 | 0.96% | +0.43 pp |
| Q4 2013 | 2013-12-31 | −29.97% | −33.69 pp |
| Q3 2013 | 2013-09-30 | −1.31% | −10.43 pp |
| Q2 2013 | 2013-06-30 | 3.73% | −4.23 pp |
| Q1 2013 | 2013-03-31 | 0.52% | −6.41 pp |
| Q4 2012 | 2012-12-31 | 3.72% | +13.08 pp |
| Q3 2012 | 2012-09-30 | 9.12% | +89.90 pp |
| Q2 2012 | 2012-06-30 | 7.95% | +0.10 pp |
| Q1 2012 | 2012-03-31 | 6.93% | −1.95 pp |
| Q4 2011 | 2011-12-31 | −9.36% | −16.39 pp |
| Q3 2011 | 2011-09-30 | −80.78% | −91.05 pp |
| Q2 2011 | 2011-06-30 | 7.85% | −0.96 pp |
| Q1 2011 | 2011-03-31 | 8.89% | +2.53 pp |
| Q4 2010 | 2010-12-31 | 7.03% | +4.82 pp |
| Q3 2010 | 2010-09-30 | 10.27% | +7.44 pp |
| Q2 2010 | 2010-06-30 | 8.81% | — |
| Q1 2010 | 2010-03-31 | 6.35% | — |
| Q3 2009 | 2009-09-30 | 2.21% | — |
| Q2 2009 | 2009-06-30 | 2.83% | — |
Itron operating margin trends
Over the last five reported fiscal years, Itron's operating margin increased from −0.48% to 13.23%, a change of +13.70 percentage points. The latest reported quarter, Q2 2026, shows 13.51%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Itron filings at SEC.gov ↗