---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-002671"
form_type: "8-K"
ticker: "ITRI"
cik: "0000780571"
company_name: "ITRON, INC."
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T01:29:38.817080+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Itron Q1 2025: Revenue $607M (+1%), GAAP EPS $1.42 (+$0.30), Non-GAAP EPS $1.52 (+$0.28), backlog $4.7B

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-25-002671
- form_type: 8-K
- ticker: ITRI
- cik: 0000780571
- company_name: ITRON, INC.
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/780571/000117184325002671/0001171843-25-002671-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/780571/000117184325002671/f8k_050125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-002671
- JSON: https://secwatch.observer/filing/0001171843-25-002671.json
- Plain text: https://secwatch.observer/filing/0001171843-25-002671.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.