earnings
confidence high
sentiment positive
materiality 0.75
Itron Q1 2025: Revenue $607M (+1%), GAAP EPS $1.42 (+$0.30), Non-GAAP EPS $1.52 (+$0.28), backlog $4.7B
ITRON, INC.
2025-Q1 EPS reported
$1.42
revenue$607,151,000
- Revenue $607M (+1% YoY); gross margin 35.8% (+180 bps) on favorable product mix.
- GAAP net income $65M, diluted EPS $1.42 (vs $1.12); Non-GAAP EPS $1.52 (vs $1.24).
- Adjusted EBITDA $88M (+15%); free cash flow $67M, up from $34M.
- Backlog $4.7B (+$0.4B YoY); Outcomes revenue +14%, Device Solutions flat.
- Q2 2025 outlook: revenue $605-615M, non-GAAP diluted EPS $1.30-1.40.