Itron Q1 revenue rises 1% to $607 million; GAAP EPS $1.42 vs. $1.12 a year earlier
Itron reported first-quarter 2025 results for the three months ended March 31, 2025. Revenue rose 1% to $607 million, GAAP diluted EPS rose to $1.42 from $1.12, and non-GAAP diluted EPS rose to $1.52 from $1.24. The company also gave a second-quarter 2025 outlook of revenue between $605 million and $615 million and non-GAAP diluted EPS between $1.30 and $1.40.
Key points
- Revenue of $607 million, up 1%; gross margin of 35.8%, up 180 basis points
- GAAP net income attributable to Itron of $65 million, or $1.42 per diluted share, vs. $1.12 a year earlier
- Free cash flow of $67 million, vs. $34 million in the prior-year quarter
- Q2 2025 outlook: revenue between $605 million and $615 million; non-GAAP diluted EPS between $1.30 and $1.40
The filing
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 May 01, 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.