Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.01B | $2.02B | $2.38B | $2.50B | $2.17B | $1.98B | $1.80B | $2.17B | $2.44B | $2.37B |
| Revenue growth | — | 0.2% | 17.7% | 5.3% | -13.2% | -8.8% | -9.4% | 21.1% | 12.3% | -3.0% |
| Gross profit | $663M | $677M | $730M | $752M | $602M | $573M | $522M | $714M | $839M | $892M |
| Gross margin | 32.9% | 33.5% | 30.7% | 30.1% | 27.7% | 28.9% | 29.1% | 32.8% | 34.4% | 37.7% |
| Operating income | $101M | $155M | -$49.7M | $133M | -$10.4M | -$79.3M | -$7.44M | $129M | $264M | $313M |
| Operating margin | 5.0% | 7.7% | -2.1% | 5.3% | -0.5% | -4.0% | -0.4% | 5.9% | 10.8% | 13.2% |
| Net income | $31.8M | $57.3M | -$99.3M | $49.0M | -$58.0M | -$81.3M | -$9.73M | $96.9M | $239M | $301M |
| Net margin | 1.6% | 2.8% | -4.2% | 2.0% | -2.7% | -4.1% | -0.5% | 4.5% | 9.8% | 12.7% |
| EPS (diluted) | $0.82 | $1.45 | -$2.53 | $1.23 | -$1.44 | -$1.83 | -$0.22 | $2.11 | $5.18 | $6.50 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $116M | $191M | $110M | $173M | $110M | $155M | $24.5M | $125M | $238M | $406M |
| Capital expenditures | $43.5M | $49.5M | $60.0M | $60.7M | $46.2M | $34.7M | $19.7M | $26.9M | $30.6M | $22.9M |
| Free cash flow | $72.3M | $142M | $49.8M | $112M | $63.3M | $120M | $4.75M | $98.1M | $208M | $383M |
| Share buybacks | $0.00 | $0.00 | $0.00 | $25.0M | $0.00 | $8.03M | $17.0M | $0.00 | $100M | $100M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $134M | $176M | $122M | $150M | $207M | $163M | $202M | $302M | $1.05B | $1.02B |
| Total assets | $1.58B | $2.11B | $2.61B | $2.71B | $2.61B | $2.39B | $2.38B | $2.60B | $3.41B | $3.72B |
| Total liabilities | $927M | $1.30B | $1.87B | $1.91B | $1.77B | $1.25B | $1.19B | $1.27B | $2.00B | $1.98B |
| Long-term debt | $290M | $594M | $988M | $932M | $903M | $450M | $453M | $455M | $1.24B | $789M |
| Shareholders' equity | $632M | $786M | $713M | $777M | $817M | $1.12B | $1.17B | $1.31B | $1.39B | $1.72B |
| Retained earnings | -$410M | -$338M | -$425M | -$376M | -$434M | -$516M | -$525M | -$428M | -$189M | $112M |
| Shares (wtd avg diluted) | 38.6M | 39.4M | 39.2M | 40.0M | 40.3M | 44.3M | 45.1M | 45.8M | 46.2M | 46.3M |
Every figure is extracted from ITRON, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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