Itron, Inc. (ITRI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.52B | 1.82B | 2.14B | 1.99B | 1.9B | 1.82B | 1.75B | 1.69B | 1.1B | 1.05B | 1.01B | 969.99M | 902.06M | 829.58M | 808.64M | 756.09M | 792.53M | 749.93M | 802.39M | 842.9M |
| Cash & Short-Term Investments | 712.85M | 1.02B | 1.33B | 1.22B | 1.12B | 1.05B | 982.51M | 920.64M | 300.61M | 302.05M | 254.77M | 232.79M | 196.01M | 202.01M | 215.41M | 208.5M | 204M | 162.58M | 188.69M | 207.13M |
| Cash Only | 712.85M | 1.02B | 1.33B | 1.22B | 1.12B | 1.05B | 982.51M | 920.64M | 300.61M | 302.05M | 254.77M | 232.79M | 196.01M | 202.01M | 215.41M | 208.5M | 204M | 162.58M | 188.69M | 207.13M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 393.17M | 367.79M | 369.51M | 340.32M | 346.6M | 350.47M | 338.77M | 316.74M | 339.95M | 303.82M | 318.1M | 318.81M | 305.27M | 280.44M | 266.67M | 259.66M | 303.25M | 298.46M | 320.99M | 336.07M |
| Days Sales Outstanding | 58.34 | 59.33 | 56.14 | 51.51 | 51.66 | 51.73 | 48.99 | 49.06 | 48.54 | 49.57 | 52.25 | 52.48 | 53.29 | 53.83 | 57.53 | 59.3 | 56.96 | 58.68 | 62.07 | 65.25 |
| Inventory | 239.89M | 242.89M | 255.28M | 283.3M | 281.88M | 270.73M | 276.62M | 291.78M | 287.22M | 283.69M | 276.1M | 267.04M | 265.12M | 228.7M | 203.61M | 174.52M | 171.26M | 165.8M | 175.43M | 179.35M |
| Days Inventory Outstanding | 61.95 | 66.51 | 68.42 | 67.12 | 63.77 | 63.1 | 64.42 | 66.09 | 65.26 | 67.62 | 66.88 | 65.95 | 65.7 | 60.87 | 57.83 | 51.45 | 44.6 | 43.08 | 46.37 | 46.74 |
| Other Current Assets | 178.77M | 191.24M | 187.3M | 141M | 150.78M | 143.46M | 156.64M | 160.29M | 169.32M | 159.88M | 160.77M | 151.35M | 135.65M | 118.44M | 122.95M | 113.41M | 114.02M | 123.09M | 117.27M | 120.35M |
| Total Non-Current Assets | 2.45B | 1.9B | 1.57B | 1.63B | 1.6B | 1.59B | 1.61B | 1.59B | 1.58B | 1.55B | 1.5B | 1.53B | 1.54B | 1.55B | 1.51B | 1.55B | 1.63B | 1.64B | 1.62B | 1.65B |
| Property, Plant & Equipment | 158.83M | 141.53M | 144.73M | 151.01M | 139.68M | 144.38M | 158.09M | 159.65M | 165.98M | 169.99M | 171M | 177.29M | 185.54M | 192.95M | 193.58M | 208.75M | 219.87M | 228.71M | 257.35M | 268.27M |
| Fixed Asset Turnover | 3.91x | 3.99x | 3.93x | 4.17x | 4.27x | 4.05x | 3.87x | 3.74x | 3.59x | 3.39x | 3.22x | 2.98x | 2.61x | 2.42x | 2.09x | 2.02x | 2.12x | 2.00x | 1.85x | 1.80x |
| Goodwill | 1.7B | 1.34B | 1.09B | 1.09B | 1.06B | 1.05B | 1.07B | 1.06B | 1.06B | 1.05B | 1.04B | 1.05B | 1.04B | 1.04B | 1.01B | 1.04B | 1.09B | 1.1B | 1.12B | 1.12B |
| Intangible Assets | 277.14M | 83.34M | 30M | 34.43M | 38.74M | 43.11M | 47.97M | 52.54M | 57.12M | 46.28M | 50.41M | 55.38M | 60.05M | 64.94M | 70.35M | 78.03M | 85.51M | 92.53M | 103.76M | 113.67M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 64.93M | 63.35M | 44.21M | 42.46M | 44.34M | 41.83M | 40.8M | 38.51M | 42.4M | 38.84M | 35.35M | 35.45M | 37.86M | 39.9M | 44.43M | 41.4M | 43.88M | 42.18M | 41.67M | 41.29M |
| Total Assets | 3.98B | 3.72B | 3.71B | 3.62B | 3.5B | 3.41B | 3.37B | 3.28B | 2.68B | 2.6B | 2.51B | 2.5B | 2.45B | 2.38B | 2.32B | 2.31B | 2.42B | 2.39B | 2.42B | 2.49B |
| Asset Turnover | 0.15x | 0.15x | 0.16x | 0.17x | 0.18x | 0.18x | 0.19x | 0.20x | 0.23x | 0.23x | 0.22x | 0.22x | 0.21x | 0.20x | 0.18x | 0.18x | 0.20x | 0.20x | 0.20x | 0.18x |
| Asset Growth % | 13.56% | 9.19% | 10.26% | 10.35% | 30.88% | 30.85% | 34% | 31.43% | 9.43% | 9.51% | 8.4% | 8.28% | 1.08% | -0.66% | -4.37% | -7.27% | -17.36% | -8.18% | -19.67% | -17.38% |
| Total Current Liabilities | 573.62M | 1.01B | 987.37M | 973.06M | 983.42M | 528.26M | 521.47M | 535.19M | 578.32M | 537.24M | 555.92M | 559.92M | 536.55M | 498.57M | 502.12M | 461.19M | 501.57M | 501.34M | 495.75M | 514.37M |
| Accounts Payable | 172.92M | 156.29M | 145.32M | 123.13M | 164.42M | 144.93M | 152.51M | 184.78M | 223.57M | 199.52M | 224.31M | 234.93M | 244.82M | 237.18M | 235.81M | 169.37M | 203.47M | 193.13M | 188.66M | 175.55M |
| Days Payables Outstanding | 42.25 | 40.27 | 34.1 | 34.15 | 35.7 | 34.29 | 38.23 | 46.61 | 48.36 | 51.2 | 56.55 | 59.46 | 64.12 | 66.6 | 61.96 | 55.48 | 52.48 | 48.2 | 47.6 | 47.86 |
| Short-Term Debt | 0 | 459.52M | 458.93M | 458.33M | 457.75M | 14.58M | 0 | 0 | 0 | 14.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 222.97M | 187.82M | 184.22M | 195.53M | 187.81M | 150.72M | 161.1M | 159.63M | 157.24M | 124.21M | 136.54M | 140.34M | 131.16M | 95.57M | 110.53M | 120.04M | 118.81M | 82.82M | 101.26M | 130.12M |
| Other Current Liabilities | 0 | 69.73M | 183.04M | 75.59M | 64.96M | 218.03M | 193.59M | 72.1M | 59.62M | 54.09M | 70.73M | 70.68M | 44.1M | 45.1M | 64.5M | 69.48M | 74.06M | 83.06M | 92.81M | 90.82M |
| Current Ratio | 2.66x | 1.80x | 2.17x | 2.04x | 1.93x | 3.44x | 3.36x | 3.16x | 1.90x | 1.95x | 1.82x | 1.73x | 1.68x | 1.66x | 1.61x | 1.64x | 1.58x | 1.50x | 1.62x | 1.64x |
| Quick Ratio | 2.24x | 1.56x | 1.91x | 1.75x | 1.65x | 2.92x | 2.83x | 2.61x | 1.40x | 1.43x | 1.32x | 1.26x | 1.19x | 1.21x | 1.20x | 1.26x | 1.24x | 1.17x | 1.26x | 1.29x |
| Cash Conversion Cycle | 78.04 | 85.57 | 90.46 | 84.48 | 79.74 | 80.54 | 75.19 | 68.54 | 65.44 | 65.99 | 62.58 | 58.98 | 54.86 | 48.11 | 53.39 | 55.28 | 49.09 | 53.55 | 60.84 | 64.13 |
| Total Non-Current Liabilities | 1.78B | 970.28M | 1.01B | 1.02B | 1.01B | 1.47B | 1.48B | 1.49B | 712.94M | 735.6M | 697.76M | 709.83M | 715.22M | 687.95M | 697.49M | 713.31M | 731.5M | 749.69M | 727.19M | 773.56M |
| Long-Term Debt | 124.68M | 808.43M | 787.91M | 787.02M | 786.14M | 1.24B | 1.24B | 1.24B | 455.4M | 454.83M | 454.25M | 453.67M | 453.09M | 452.53M | 451.95M | 451.37M | 450.8M | 450.23M | 449.63M | 479.03M |
| Capital Lease Obligations | 0 | 19.62M | 22.89M | 27.06M | 22.32M | 25.35M | 28.82M | 28.47M | 31.7M | 32.66M | 33.02M | 35.94M | 40.29M | 44.37M | 47.15M | 50.08M | 54.33M | 57.31M | 59.15M | 62.78M |
| Deferred Tax Liabilities | 9.62M | 623K | 808K | 661K | 623K | 565K | 622K | 670K | 678K | 697K | 823K | 853K | 849K | 833K | 1.72M | 1.85M | 1.96M | 2M | 1.79M | 1.83M |
| Other Non-Current Liabilities | 1.64B | 141.61M | 198.37M | 201.54M | 201.56M | 199.59M | 204.86M | 219.15M | 225.16M | 247.42M | 209.66M | 219.37M | 220.98M | 190.22M | 196.68M | 210.01M | 224.41M | 240.15M | 216.62M | 229.91M |
| Total Liabilities | 2.35B | 1.98B | 2B | 1.99B | 1.99B | 2B | 2B | 2.02B | 1.29B | 1.27B | 1.25B | 1.27B | 1.25B | 1.19B | 1.2B | 1.17B | 1.23B | 1.25B | 1.22B | 1.29B |
| Total Debt | 124.68M | 1.29B | 1.27B | 1.27B | 1.27B | 1.28B | 1.27B | 1.27B | 487.1M | 502.46M | 487.27M | 489.61M | 493.39M | 515.1M | 499.09M | 501.45M | 505.13M | 507.54M | 508.78M | 541.82M |
| Net Debt | -588.17M | 267.18M | -62.22M | 48.16M | 142.94M | 231.12M | 287.26M | 347.6M | 186.5M | 200.41M | 232.5M | 256.82M | 297.38M | 313.09M | 283.68M | 292.95M | 301.13M | 344.96M | 320.09M | 334.69M |
| Debt / Equity | 0.08x | 0.74x | 0.74x | 0.78x | 0.84x | 0.91x | 0.93x | 1.01x | 0.35x | 0.38x | 0.39x | 0.40x | 0.41x | 0.43x | 0.45x | 0.44x | 0.43x | 0.44x | 0.42x | 0.45x |
| Debt / EBITDA | 1.45x | 13.13x | 13.53x | 14.37x | 14.34x | 16.43x | 14.32x | 16.22x | 6.45x | 7.97x | 7.11x | 9.99x | 121.23x | 18.05x | 20.58x | - | 21.35x | - | 19.96x | 38.22x |
| Net Debt / EBITDA | -6.83x | 2.72x | -0.66x | 0.54x | 1.62x | 2.96x | 3.24x | 4.45x | 2.47x | 3.18x | 3.39x | 5.24x | 73.07x | 10.97x | 11.70x | - | 12.73x | - | 12.55x | 23.61x |
| Interest Coverage | 11.67x | 15.24x | 17.06x | 13.64x | 13.44x | 11.59x | 13.09x | 28.17x | 33.00x | 29.72x | 22.00x | 18.24x | 12.50x | 4.91x | 3.48x | 0.68x | 1.29x | -10.34x | 2.41x | 1.21x |
| Total Equity | 1.63B | 1.74B | 1.71B | 1.63B | 1.51B | 1.41B | 1.37B | 1.26B | 1.39B | 1.33B | 1.26B | 1.23B | 1.19B | 1.19B | 1.12B | 1.13B | 1.19B | 1.14B | 1.2B | 1.2B |
| Equity Growth % | 7.94% | 23.15% | 25.19% | 29.65% | 8.93% | 6.01% | 8.82% | 2.59% | 16.01% | 11.74% | 12.58% | 8.45% | 0.62% | 4.27% | -6.89% | -5.63% | -2.82% | 36% | 50.49% | 49.55% |
| Book Value per Share | 35.82 | 37.72 | 36.72 | 35.40 | 32.68 | 30.66 | 29.86 | 27.10 | 29.88 | 28.92 | 27.37 | 26.84 | 26.37 | 26.23 | 24.65 | 25.14 | 26.23 | 25.26 | 26.52 | 26.60 |
| Total Shareholders' Equity | 1.61B | 1.72B | 1.69B | 1.61B | 1.49B | 1.39B | 1.35B | 1.24B | 1.36B | 1.31B | 1.24B | 1.21B | 1.17B | 1.17B | 1.09B | 1.11B | 1.16B | 1.12B | 1.17B | 1.18B |
| Common Stock | 1.51B | 1.66B | 1.75B | 1.73B | 1.71B | 1.69B | 1.67B | 1.66B | 1.83B | 1.82B | 1.81B | 1.8B | 1.8B | 1.79B | 1.78B | 1.78B | 1.77B | 1.78B | 1.78B | 1.78B |
| Retained Earnings | 165.21M | 111.75M | 10.12M | -55.49M | -123.83M | -189.3M | -247.41M | -325.37M | -376.69M | -428.41M | -472.8M | -512.97M | -537.17M | -525.33M | -547.54M | -551.66M | -514.69M | -515.6M | -456.73M | -454.87M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -69.33M | -56.51M | -62.91M | -59.87M | -96.38M | -109.93M | -78.19M | -98.03M | -92.1M | -81.19M | -100.84M | -85.72M | -87.56M | -94.67M | -141.82M | -115.7M | -95.28M | -148.1M | -151.74M | -145.17M |
| Minority Interest | 21.73M | 21.6M | 20.22M | 21.12M | 20.7M | 20.83M | 20.37M | 21.13M | 20.59M | 20.52M | 20M | 23.76M | 22.86M | 23.08M | 23.34M | 22.99M | 26.67M | 26.68M | 26.24M | 25.38M |