Itron annual r&d spending
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2025
Itron R&D Spending Growth & History (ITRI)
Itron's r&d spending was $207.0M for fiscal 2025.
View full Itron company overviewItron annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $207.0M | −$8.0M | −3.72% |
| 2024 | 2024-12-31 | $215.0M | $6.3M | +3.04% |
| 2023 | 2023-12-31 | $208.7M | $23.6M | +12.74% |
| 2022 | 2022-12-31 | $185.1M | −$12.1M | −6.15% |
| 2021 | 2021-12-31 | $197.2M | $3.1M | +1.61% |
| 2020 | 2020-12-31 | $194.1M | −$8.1M | −4.01% |
| 2019 | 2019-12-31 | $202.2M | −$5.7M | −2.74% |
| 2018 | 2018-12-31 | $207.9M | $38.5M | +22.73% |
| 2017 | 2017-12-31 | $169.4M | $1.6M | +0.98% |
| 2016 | 2016-12-31 | $167.8M | $5.4M | +3.35% |
| 2015 | 2015-12-31 | $162.3M | −$13.2M | −7.50% |
| 2014 | 2014-12-31 | $175.5M | $80,000 | +0.05% |
| 2013 | 2013-12-31 | $175.4M | −$3.2M | −1.81% |
| 2012 | 2012-12-31 | $178.7M | $17.3M | +10.75% |
| 2011 | 2011-12-31 | $161.3M | $22.1M | +15.91% |
| 2010 | 2010-12-31 | $139.2M | $16.9M | +13.78% |
| 2009 | 2009-12-31 | $122.3M | $1.6M | +1.34% |
| 2008 | 2008-12-31 | $120.7M | — | — |
Itron quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $56.1M | $2.3M | +4.33% |
| Q1 2026 | 2026-03-31 | $55.0M | $4.9M | +9.80% |
| Q4 2025 | 2025-12-31 | $53.1M | −$5.2M | −8.97% |
| Q3 2025 | 2025-09-30 | $50.0M | −$1.2M | −2.35% |
| Q2 2025 | 2025-06-30 | $53.8M | $757,000 | +1.43% |
| Q1 2025 | 2025-03-31 | $50.1M | −$2.3M | −4.41% |
| Q4 2024 | 2024-12-31 | $58.3M | $4.4M | +8.20% |
| Q3 2024 | 2024-09-30 | $51.2M | −$407,000 | −0.79% |
| Q2 2024 | 2024-06-30 | $53.1M | −$507,000 | −0.95% |
| Q1 2024 | 2024-03-31 | $52.4M | $2.8M | +5.72% |
| Q4 2023 | 2023-12-31 | $53.9M | $7.3M | +15.64% |
| Q3 2023 | 2023-09-30 | $51.6M | $7.8M | +17.85% |
| Q2 2023 | 2023-06-30 | $53.6M | $8.5M | +18.88% |
| Q1 2023 | 2023-03-31 | $49.6M | −$31,000 | −0.06% |
| Q4 2022 | 2022-12-31 | $46.6M | −$3.2M | −6.48% |
| Q3 2022 | 2022-09-30 | $43.8M | −$3.1M | −6.55% |
| Q2 2022 | 2022-06-30 | $45.1M | −$3.7M | −7.60% |
| Q1 2022 | 2022-03-31 | $49.6M | −$2.1M | −4.12% |
| Q4 2021 | 2021-12-31 | $49.9M | $4.8M | +10.54% |
| Q3 2021 | 2021-09-30 | $46.9M | $665,000 | +1.44% |
| Q2 2021 | 2021-06-30 | $48.8M | −$231,000 | −0.47% |
| Q1 2021 | 2021-03-31 | $51.7M | −$2.1M | −3.82% |
| Q4 2020 | 2020-12-31 | $45.1M | −$6.5M | −12.68% |
| Q3 2020 | 2020-09-30 | $46.2M | −$4.4M | −8.67% |
| Q2 2020 | 2020-06-30 | $49.0M | −$455,000 | −0.92% |
| Q1 2020 | 2020-03-31 | $53.8M | $3.3M | +6.52% |
| Q4 2019 | 2019-12-31 | $51.6M | $6.0M | +13.25% |
| Q3 2019 | 2019-09-30 | $50.6M | $3.4M | +7.14% |
| Q2 2019 | 2019-06-30 | $49.4M | −$5.3M | −9.72% |
| Q1 2019 | 2019-03-31 | $50.5M | −$9.8M | −16.25% |
| Q4 2018 | 2018-12-31 | $45.6M | $2.4M | +5.67% |
| Q3 2018 | 2018-09-30 | $47.2M | $4.8M | +11.27% |
| Q2 2018 | 2018-06-30 | $54.8M | $11.8M | +27.31% |
| Q1 2018 | 2018-03-31 | $60.3M | $19.5M | +47.87% |
| Q4 2017 | 2017-12-31 | $43.2M | $3.5M | +8.77% |
| Q3 2017 | 2017-09-30 | $42.5M | $3.1M | +7.79% |
| Q2 2017 | 2017-06-30 | $43.0M | −$330,000 | −0.76% |
| Q1 2017 | 2017-03-31 | $40.8M | −$4.6M | −10.10% |
| Q4 2016 | 2016-12-31 | $39.7M | $3.7M | +10.42% |
| Q3 2016 | 2016-09-30 | $39.4M | −$2.2M | −5.23% |
| Q2 2016 | 2016-06-30 | $43.4M | $36,000 | +0.08% |
| Q1 2016 | 2016-03-31 | $45.3M | $3.8M | +9.21% |
| Q4 2015 | 2015-12-31 | $35.9M | −$8.8M | −19.70% |
| Q3 2015 | 2015-09-30 | $41.6M | −$798,000 | −1.88% |
| Q2 2015 | 2015-06-30 | $43.3M | −$640,000 | −1.46% |
| Q1 2015 | 2015-03-31 | $41.5M | −$2.9M | −6.55% |
| Q4 2014 | 2014-12-31 | $44.8M | −$1.5M | −3.21% |
| Q3 2014 | 2014-09-30 | $42.4M | $862,000 | +2.08% |
| Q2 2014 | 2014-06-30 | $44.0M | $477,000 | +1.10% |
| Q1 2014 | 2014-03-31 | $44.4M | $226,000 | +0.51% |
| Q4 2013 | 2013-12-31 | $46.2M | $1.9M | +4.23% |
| Q3 2013 | 2013-09-30 | $41.5M | −$1.8M | −4.17% |
| Q2 2013 | 2013-06-30 | $43.5M | −$3.2M | −6.77% |
| Q1 2013 | 2013-03-31 | $44.2M | −$148,000 | −0.33% |
| Q4 2012 | 2012-12-31 | $44.4M | $2.2M | +5.22% |
| Q3 2012 | 2012-09-30 | $43.3M | $4.9M | +12.83% |
| Q2 2012 | 2012-06-30 | $46.6M | $6.0M | +14.80% |
| Q1 2012 | 2012-03-31 | $44.4M | $4.2M | +10.50% |
| Q4 2011 | 2011-12-31 | $42.2M | $3.1M | +7.91% |
| Q3 2011 | 2011-09-30 | $38.4M | $4.3M | +12.75% |
| Q2 2011 | 2011-06-30 | $40.6M | $7.6M | +23.03% |
| Q1 2011 | 2011-03-31 | $40.1M | $7.1M | +21.50% |
| Q4 2010 | 2010-12-31 | $39.1M | — | — |
| Q3 2010 | 2010-09-30 | $34.0M | $3.0M | +9.53% |
| Q2 2010 | 2010-06-30 | $33.0M | $2.2M | +7.18% |
| Q1 2010 | 2010-03-31 | $33.0M | — | — |
| Q3 2009 | 2009-09-30 | $31.1M | — | — |
| Q2 2009 | 2009-06-30 | $30.8M | — | — |
Itron r&d spending trends
Over the last five fiscal years, Itron's r&d spending increased from $194.1M to $207.0M, a change of $12.9M. The latest reported quarter, Q2 2026, shows $56.1M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Itron source filings ↗