Every material Form 8-K Itron filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
Q3 2026 revenue $599 million, up 3%; annual recurring revenue $423 million, up 25%
Itron reported second quarter 2026 revenue of $563 million, down 7% from a year earlier, and GAAP diluted EPS of $1.19, down from $1.47. The company raised its full-year 2026 earnings outlook, with non-GAAP diluted EPS now expected between $6.30 and $6.50, while revenue guidance is $2.37 to $2.41 billion, so shareholders get higher earnings expectations alongside lower reported sales and profit.
Q2 2026 revenue was $563 million, down 7%, mainly due to lower Networked Solutions revenue, which fell 17%.
GAAP net income attributable to Itron was $53 million, or $1.19 per diluted share, versus $68 million, or $1.47, in Q2 2025; non-GAAP diluted EPS was $1.59 versus $1.62.
Updated full-year 2026 outlook: revenue of $2.37 to $2.41 billion and non-GAAP diluted EPS of $6.30 to $6.50; Q3 2026 outlook is revenue of $590 to $600 million and non-GAAP diluted EPS of $1.50 to $1.60.
Itron reported first-quarter 2026 revenue of $587 million, down 3% from a year earlier, as portfolio optimization and project timing reduced sales. GAAP diluted EPS fell to $1.18 from $1.42, and non-GAAP diluted EPS fell to $1.49 from $1.52, though adjusted EBITDA rose 5% to $92 million and free cash flow rose to $79 million. For the second quarter of 2026, Itron guided to revenue of $560 million to $570 million and non-GAAP diluted EPS of $1.25 to $1.35.
Q1 2026 revenue was $587 million, down 3%; Networked Solutions revenue fell 13% and Outcomes revenue rose 22%.
GAAP net income attributable to Itron was $53 million, or $1.18 per diluted share, versus $65 million, or $1.42, a year earlier.
Adjusted gross margin rose to 40.7% from 35.8%; free cash flow was $79 million, up from $67 million.
Q2 2026 outlook: revenue of $560 million to $570 million and non-GAAP diluted EPS of $1.25 to $1.35.
Itron entered into a purchase agreement to sell $700.0 million of 0.00% convertible senior notes due March 15, 2032 in a private offering, and the initial purchasers exercised in full an option for an additional $105.0 million on February 24, 2026. The notes have an initial conversion price of about $123.77 per share, a premium of about 30.0% over the $95.21 closing price on February 23, 2026, and the company paid about $92.8 million for capped call transactions meant to reduce dilution. Shareholders face possible dilution if the notes convert, though the capped calls offset some of that exposure up to a cap price of $190.42 per share.
Principal: $700.0 million initial notes plus $105.0 million option exercised in full on February 24, 2026; the notes pay no regular interest.
Initial conversion price of about $123.77 per share, a 30.0% premium to the $95.21 closing price on February 23, 2026.
Capped call transactions cost about $92.8 million, with a cap price of $190.42 per share.
Company expects to use net proceeds to pay for the capped calls, repurchase about $100.0 million of common stock, and repay its 0.00% convertible notes due 2026.
Itron reported fourth-quarter 2025 revenue of $572 million, down 7% from a year earlier, while GAAP diluted earnings per share rose to $2.21 from $1.26, helped by a tax benefit. For 2026, the company forecast non-GAAP diluted EPS of $5.75 to $6.25, compared with $7.13 for full-year 2025, and revenue of $2.35 billion to $2.45 billion.
Q4 2025 revenue was $572 million, down 7%, driven by portfolio optimization and the timing of project deployments.
Q4 GAAP diluted EPS was $2.21 versus $1.26; non-GAAP diluted EPS was $2.46 versus $1.35.
Full-year 2025 revenue was $2.4 billion, down 3%; full-year non-GAAP diluted EPS was $7.13.
2026 outlook: Q1 revenue $565 million to $575 million; full-year revenue $2.35 billion to $2.45 billion and non-GAAP diluted EPS $5.75 to $6.25.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Itron filing is on SEC EDGAR ↗. 8-K briefs of other companies →