secwatch.observer — SEC 8-K summary
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Issuer:     ITRON, INC. (ITRI)
CIK:        0000780571
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001171843-26-000850
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Itron Q4 beats: GAAP EPS $2.21 vs $1.26; Non-GAAP $2.46; Revenue $572M; Guides FY26 rev $2.35-2.45B
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- Q4 revenue $572M (-7% YoY); GAAP net income $102M, diluted EPS $2.21 (vs $1.26).
- Non-GAAP diluted EPS $2.46 (vs $1.35); Adjusted EBITDA $99M (+21%); free cash flow $112M.
- Outcomes segment revenue +23% to record; backlog $4.5B; bookings $0.7B in Q4, $2.1B full year.
- Closed Urbint acquisition Nov 3, 2025; closed Locusview acquisition ($525M) in Jan 2026.
- Q1 2026 guidance: rev $565-575M, non-GAAP EPS $1.20-1.30; FY26 rev $2.35-2.45B, non-GAAP EPS $5.75-6.25.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/780571/000117184326000850/0001171843-26-000850-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/780571/000117184326000850/f8k_021426.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-000850

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer