AI brief of an SEC Form 8-K · Itron (ITRI)

Itron Q4 revenue rises 6% to $613 million; full-year GAAP EPS $5.18

Positive Impact 3 of 5 earnings Written later

Itron reported fourth-quarter and full-year 2024 results, with revenue up 6% in the quarter to $613 million and up 12% for the year to $2.4 billion. GAAP diluted EPS rose to $1.26 for the quarter and $5.18 for the year, and the company set a record total backlog of $4.7 billion. Its 2025 non-GAAP diluted EPS outlook of $5.20 to $5.60 sits near the $5.62 reported for 2024.

Key points

  • Q4 2024 revenue $613 million, up 6%; full-year revenue $2.4 billion, up 12%
  • Q4 GAAP diluted EPS $1.26, up $0.30; full-year GAAP diluted EPS $5.18, up $3.07
  • Full-year 2024 non-GAAP diluted EPS $5.62; 2025 outlook $5.20 to $5.60 on revenue of $2.4 billion to $2.5 billion
  • Total backlog a record $4.7 billion at December 31, 2024

The filing

CompanyItron (ITRI)
Form8-K, current report
Filed with the SECFeb 25, 2025, 8:35 AM ET
Accession number0001171843-25-001052

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 25, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.