Itron, Inc. (ITRI) quarterly cash flow statement — complete operating, investing & financing 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 |
|---|
| Cash from Operations | 85.5M | 119.32M | 115.8M | 96.69M | 72.12M | 79.85M | 65.3M | 51.92M | 41.31M | 45.42M | 34.09M | 41.56M | 1.43M | -13.03M | 14.87M | 15.06M | 7.59M | 3.9M | 18.47M | 72.72M |
| Operating CF Margin % | 14.57% | 20.87% | 19.91% | 15.93% | 11.88% | 13.03% | 10.61% | 8.53% | 6.85% | 7.87% | 6.08% | 7.68% | 0.29% | -2.79% | 3.53% | 3.49% | 1.6% | 0.8% | 3.79% | 14.86% |
| Operating CF Growth % | 18.56% | 49.43% | 77.33% | 86.21% | 74.58% | 75.79% | 91.57% | 24.93% | 2790.69% | 448.61% | 129.17% | 175.87% | -81.18% | -434.36% | -19.46% | -79.29% | -84.8% | -89.99% | -58.77% | 955.21% |
| Net Income | 53.59M | 101.63M | 65.61M | 68.75M | 65.35M | 58.57M | 79.52M | 51.32M | 51.79M | 44.39M | 40.34M | 25.1M | -12.04M | 21.95M | 4.47M | -36.87M | 896K | -58.87M | -1.01M | -32.45M |
| Depreciation & Amortization | 18.54M | 1.08M | 12.04M | 12.11M | 12.07M | 15.3M | 14.72M | 13.52M | 12.74M | 13.75M | 13.64M | 13.9M | 14.46M | 16.15M | 17.36M | 16.41M | 16.84M | 24.05M | 21.33M | 21.11M |
| Stock-Based Compensation | 20.07M | 0 | 0 | 16.84M | 16.56M | 11.81M | 10.22M | 11.73M | 11.43M | 7.83M | 6.84M | 6.78M | 6.92M | 4.46M | 4.88M | 6.41M | 6.13M | 0 | 5.67M | 6.09M |
| Deferred Taxes | 3.47M | 0 | 0 | -4.2M | -5.46M | -21.28M | -8.78M | -7.15M | -1.58M | -36.58M | 4.45M | 1.76M | -4.27M | -26.21M | -2.37M | 301K | -4.36M | -80.4M | -2.23M | -5.05M |
| Other Non-Cash Items | 5.79M | 47.34M | 76.18M | 4.7M | 4.42M | 10.8M | 5.49M | 3.92M | 4.21M | 2.83M | 4.91M | 5.31M | 6M | 15M | 7.57M | 42.53M | 7.7M | 39.95M | 9.43M | 55.09M |
| Working Capital Changes | -15.96M | -30.73M | -38.04M | -1.52M | -20.82M | 4.66M | -35.86M | -21.42M | -37.28M | 13.22M | -36.1M | -11.29M | -9.65M | -44.39M | -17.04M | -13.72M | -19.61M | 79.17M | -14.73M | 27.93M |
| Change in Receivables | -17.62M | 7.91M | -30.92M | 12.38M | 6.41M | -17.97M | -17.61M | 23.27M | -36.83M | 18.34M | -3.15M | -12.18M | -22.5M | -7.21M | -16.65M | 37.74M | -8.82M | 19.62M | 11.07M | 31.63M |
| Change in Inventory | 2.36M | 12.85M | 27.24M | 2.69M | -10.1M | 437K | 18.75M | -7.66M | -5.56M | -3.84M | -11.81M | -1.68M | -34.79M | -19.75M | -34.78M | -7.25M | -6.34M | -5.87M | 2.08M | -8.94M |
| Change in Payables | 8.31M | 0 | 0 | 0 | 10.53M | 3.67M | 7.13M | -55.54M | 48.41M | -43.88M | -4.45M | -10.44M | 15.11M | 2.54M | 67.15M | -38.67M | 14.06M | 0 | 15.99M | -16.14M |
| Cash from Investing | -521.57M | -332.86M | -6.14M | -6.02M | -4.63M | -9.03M | -6.57M | -6.67M | -41.15M | -4.3M | -5.78M | -5.56M | -7.66M | -2.98M | -3.52M | -3.93M | 50.95M | -13.06M | -7.3M | -8.71M |
| Capital Expenditures | 0 | -7.81M | 0 | 0 | 0 | -9.68M | -6.62M | -7.11M | -7.14M | -8.58M | -5.81M | -5.6M | -6.9M | -4.86M | -4.22M | -5.29M | -5.37M | -6.9M | -7.3M | -9.06M |
| CapEx % of Revenue | 1.11% | 1.37% | 0.76% | 0.99% | 0.76% | 1.58% | 1.08% | 1.17% | 1.18% | 1.49% | 1.04% | 1.03% | 1.4% | 1.04% | 1% | 1.23% | 1.13% | 1.42% | 1.5% | 1.85% |
| Acquisitions | -515.05M | -325.04M | 0 | 0 | 0 | 21K | 0 | 405K | -34.13M | 772K | 0 | 0 | -772K | -55.91M | 0 | -23K | 55.96M | -8.67M | 0 | 300K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -6.52M | 0 | -6.14M | -6.02M | -4.63M | 638K | 56K | 31K | 125K | 3.5M | 23K | 34K | 16K | 57.79M | 702K | 1.38M | 362K | 2.51M | 1K | 55K |
| Cash from Financing | 131.42M | -99.29M | -885K | 2.99M | 1.76M | 3.49M | -754K | 575.56M | 1.08M | 1.6M | -3.41M | 865K | -95K | 659K | 680K | -2.97M | -17.11M | -16.08M | -28.66M | -432.73M |
| Debt Issued (Net) | 252.18M | 0 | 0 | 0 | 0 | 0 | -122K | 674.51M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 84.13M | -31.09M | -440M |
| Equity Issued (Net) | -99.32M | -99.01M | 896K | 3.24M | 2.19M | 4M | 1.34M | -100M | 1.56M | 1.31M | 725K | 1.03M | 607K | 821K | 834K | 1.01M | -16.19M | -91.44M | 1.1M | 1.02M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -100M | -100M | 0 | 0 | 0 | 0 | 0 | -100M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16.97M | -8.03M | 0 | 0 |
| Other Financing | -21.44M | -281K | -1.78M | -251K | -434K | -516K | -1.98M | 1.05M | -487K | 294K | -4.13M | -169K | -702K | -162K | -154K | -3.98M | -917K | -8.77M | 1.33M | 6.26M |
| Net Change in Cash | -307.55M | -311.55M | 107.69M | 100.99M | 72.03M | 68.73M | 61.87M | 620.03M | -1.44M | 47.28M | 21.98M | 36.77M | -5.99M | -13.41M | 6.91M | 4.5M | 41.42M | -26.11M | -18.44M | -367.46M |
| Free Cash Flow | 78.97M | 111.5M | 111.38M | 90.67M | 67.48M | 70.17M | 79.56M | 44.81M | 34.16M | 36.84M | 28.28M | 35.96M | -5.47M | -17.89M | 10.65M | 9.77M | 2.22M | -3M | 11.16M | 63.66M |
| FCF Margin % | 13.45% | 19.5% | 19.15% | 14.94% | 11.11% | 11.45% | 12.93% | 7.36% | 5.66% | 6.38% | 5.04% | 6.65% | -1.11% | -3.83% | 2.53% | 2.26% | 0.47% | -0.62% | 2.29% | 13.01% |
| FCF Growth % | 17.04% | 58.91% | 40% | 102.33% | 97.52% | 90.44% | 181.31% | 24.61% | 724.21% | 305.94% | 165.52% | 268.07% | -346.31% | -495.57% | -4.58% | -84.65% | -94.23% | -110.35% | -70.26% | 766.26% |
| FCF per Share | 1.74 | 2.42 | 2.39 | 1.96 | 1.46 | 1.52 | 1.74 | 0.96 | 0.74 | 0.80 | 0.62 | 0.79 | -0.12 | -0.39 | 0.23 | 0.22 | 0.05 | -0.07 | 0.25 | 1.41 |
| FCF Conversion (FCF/Net Income) | 1.60x | 1.17x | 1.76x | 1.41x | 1.10x | 1.37x | 0.84x | 1.01x | 0.80x | 1.02x | 0.85x | 1.72x | -0.12x | -0.59x | 3.61x | -0.41x | 8.38x | -0.07x | -9.88x | -2.20x |
| Interest Paid | 5.96M | 0 | 5.84M | 336K | 6.61M | -2.72M | 3.1M | 636K | 322K | 254K | 793K | 326K | 459K | 213K | 692K | 203K | 514K | 0 | 810K | 4.65M |
| Taxes Paid | 3.3M | 0 | 2.91M | 11.21M | 34.66M | 20.96M | 19.21M | 25.99M | 14.01M | 25.52M | 8.38M | 19.22M | 1.43M | 1.96M | 2.89M | 5.32M | 1.74M | 0 | 2.96M | 886K |