AI brief of an SEC Form 8-K · Itron (ITRI)
Itron Q3 revenue rises 3% to $599 million; GAAP EPS $1.61, non-GAAP $1.94
Itron reported third-quarter 2026 revenue of $599 million, up 3% from a year earlier, with GAAP diluted EPS of $1.61 versus $1.41 and non-GAAP diluted EPS of $1.94 versus $1.54. The company also gave fourth-quarter and updated full-year 2026 outlooks, with full-year revenue expected between $2.37 billion and $2.385 billion and non-GAAP diluted EPS between $6.72 and $6.82, while free cash flow fell $18 million to $96 million.
Key points
- Q3 2026 revenue $599 million, up 3%; annual recurring revenue $423 million, up 25%
- GAAP diluted EPS $1.61 (up $0.20); non-GAAP diluted EPS $1.94 (up $0.40)
- Q4 2026 outlook: revenue $621 million to $636 million; non-GAAP diluted EPS $1.70 to $1.80
- Free cash flow $96 million in Q3, down $18 million; total backlog $4.3 billion at quarter end
The filing
CompanyItron (ITRI)
Form8-K, current report
Filed with the SECOct 27, 2026, 8:35 AM ET
Accession number0001171843-26-006839
Written by AI on Nov 7, 2026, 11:18 PM ET, from this filing only.
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.