Flagship explainer

How Itron, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$2.4B · 100%Cost of revenue$1.5B · 62%Gross profit$892M · 38%Operating income$313M · 13%Income before tax$342M · 14%Income tax$38.9M · 2%Net income$301M · 13%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$2.4B100%
Cost of revenue$1.5B62%
$892M38%
$313M13%
Income before tax$342M14%
Income tax$38.9M2%
$301M13%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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