Itron Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Itron Inc (ITRI). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Networked Solutions Segment [Member] | $1.25B 57.5% | $1.09B 55.1% · -12.5% | $1.12B 62.3% · +2.4% | $1.45B 66.7% · +29.6% | $1.65B 67.6% · +13.8% | $1.56B 65.8% · -5.6% |
| Device Solutions [Member] | $694.0M 31.9% | $645.1M 32.6% · -7.0% | $438.7M 24.4% · -32.0% | $455.7M 21.0% · +3.9% | $476.6M 19.5% · +4.6% | $447.1M 18.9% · -6.2% |
| Outcomes Segment [Member] | $230.0M 10.6% | $243.8M 12.3% · +6.0% | $237.6M 13.2% · -2.6% | $267.6M 12.3% · +12.6% | $314.2M 12.9% · +17.4% | $359.7M 15.2% · +14.5% |
| Resiliency Solutions | – | – | – | – | – | $3.0M 0.1% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Networked Solutions Segment [Member] | $308.1M 24.7% | $254.4M 23.3% | – | $368.9M 25.4% | $456.7M 27.7% | $472.4M 30.3% |
| Device Solutions [Member] | $40.8M 5.9% | $57.2M 8.9% | – | $65.7M 14.4% | $93.5M 19.6% | $108.7M 24.3% |
| Outcomes Segment [Member] | $47.6M 20.7% | $50.6M 20.8% | – | $50.3M 18.8% | $51.7M 16.5% | $77.0M 21.4% |
| Resiliency Solutions | – | – | – | – | – | -$109.0K -3.6% |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| United States and Canada [Member] | $1.43B 66.0% | $1.27B 64.3% · -11.2% | $1.30B 72.5% · +2.2% | $1.73B 79.8% · +33.1% | $2.01B 82.2% · +15.8% | $1.93B 81.4% · -4.0% |
| EMEA [Member] | $594.3M 27.3% | $568.0M 28.7% · -4.4% | $391.6M 21.8% · -31.1% | $340.9M 15.7% · -12.9% | $339.0M 13.9% · -0.5% | $318.5M 13.5% · -6.0% |
| Asia Pacific | – | $139.7M 7.0% | $101.8M 5.7% · -27.2% | $99.1M 4.6% · -2.6% | $94.8M 3.9% · -4.3% | $121.2M 5.1% · +27.9% |
| Other Countries [Member] | $144.5M 6.6% | – | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Product revenues | $1.89B 86.9% | $1.68B 84.7% · -11.2% | $1.50B 83.6% · -10.6% | $1.86B 85.7% · +24.2% | $2.13B 87.3% · +14.4% | $2.01B 84.9% · -5.7% |
| Service revenues | $284.2M 13.1% | $303.4M 15.3% · +6.8% | $295.3M 16.4% · -2.7% | $310.1M 14.3% · +5.0% | $309.5M 12.7% · -0.2% | $358.2M 15.1% · +15.8% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 14, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.