Ituran Location and Control Ltd. (ITRN) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 102.67M | 93.5M | 92.28M | 86.79M | 86.45M | 82.88M | 83.48M | 84.87M | 85.03M | 77.81M | 81.05M | 81.64M | 79.47M | 74.95M | 72.66M | 73.39M | 72.07M | 70.36M | 65.7M | 67.46M |
| Revenue Growth % | 18.75% | 12.81% | 10.54% | 2.27% | 1.68% | 6.52% | 2.99% | 3.95% | 6.99% | 3.82% | 11.54% | 11.25% | 10.27% | 6.53% | 10.6% | 8.78% | 6.99% | 10.6% | 8.9% | 26.54% |
| Cost of Goods Sold | 53.22M | 46.28M | 45.85M | 43.87M | 44.44M | 41.77M | 43.32M | 45.06M | 45.48M | 39.41M | 41.64M | 42.98M | 42.78M | 39.09M | 38.05M | 39.56M | 38.81M | 36.93M | 33.48M | 36.32M |
| COGS % of Revenue | 51.84% | 49.5% | 49.69% | 50.55% | 51.4% | 50.39% | 51.9% | 53.1% | 53.49% | 50.65% | 51.38% | 52.65% | 53.83% | 52.16% | 52.36% | 53.9% | 53.85% | 52.49% | 50.96% | 53.84% |
| Gross Profit | 49.44M | 47.21M | 46.42M | 42.92M | 42.02M | 41.12M | 40.16M | 39.8M | 39.54M | 38.4M | 39.41M | 38.66M | 36.69M | 35.85M | 34.62M | 33.83M | 33.26M | 33.43M | 32.22M | 31.14M |
| Gross Margin % | 48.16% | 50.5% | 50.31% | 49.45% | 48.6% | 49.61% | 48.1% | 46.9% | 46.51% | 49.35% | 48.62% | 47.35% | 46.17% | 47.84% | 47.64% | 46.1% | 46.15% | 47.51% | 49.04% | 46.16% |
| Gross Profit Growth % | 17.67% | 14.83% | 15.61% | 7.83% | 6.26% | 7.07% | 1.9% | 2.95% | 7.78% | 7.1% | 13.85% | 14.28% | 10.3% | 7.26% | 7.43% | 8.63% | 8.48% | 13.26% | 17.69% | 12.6% |
| Operating Expenses | 27.39M | 26.91M | 26.8M | 24.59M | 23.36M | 23.08M | 21.8M | 22.06M | 22.51M | 21.89M | 22.52M | 22.02M | 20.78M | 20.55M | 19.95M | 19.39M | 18.9M | 19.25M | 18.33M | 17.37M |
| OpEx % of Revenue | 26.67% | 28.78% | 29.04% | 28.33% | 27.03% | 27.85% | 26.11% | 25.99% | 26.48% | 28.14% | 27.78% | 26.97% | 26.14% | 27.42% | 27.45% | 26.43% | 26.22% | 27.36% | 27.9% | 25.75% |
| Selling, General & Admin | 22.55M | 21.76M | 21.07M | 19.51M | 18.5M | 18.65M | 17.28M | 17.55M | 18.03M | 17.84M | 18.12M | 17.73M | 16.6M | 15.88M | 15.88M | 15.44M | 14.84M | 15.42M | 15.07M | 14.15M |
| SG&A % of Revenue | 21.96% | 23.27% | 22.84% | 22.47% | 21.39% | 22.5% | 20.7% | 20.68% | 21.21% | 22.93% | 22.35% | 21.71% | 20.88% | 21.18% | 21.85% | 21.04% | 20.59% | 21.92% | 22.93% | 20.98% |
| Research & Development | 5.02M | 5.15M | 5.73M | 5.06M | 4.86M | 4.48M | 4.49M | 4.59M | 4.52M | 4.24M | 4.39M | 4.22M | 4.14M | 4.62M | 4.1M | 3.99M | 4.14M | 3.93M | 3.33M | 3.29M |
| R&D % of Revenue | 4.89% | 5.51% | 6.21% | 5.83% | 5.62% | 5.41% | 5.38% | 5.41% | 5.32% | 5.45% | 5.42% | 5.16% | 5.21% | 6.16% | 5.64% | 5.44% | 5.74% | 5.59% | 5.06% | 4.88% |
| Other Operating Expenses | -180K | 0 | -9K | 21K | 6K | -49K | 24K | -84K | -39K | -185K | 9K | 75K | 43K | 57K | -31K | -39K | -79K | -104K | -66K | -74K |
| Operating Income | 22.06M | 20.3M | 19.62M | 18.36M | 18.66M | 17.99M | 18.38M | 17.66M | 16.99M | 16.32M | 16.9M | 16.72M | 15.96M | 15.36M | 14.64M | 14.4M | 14.29M | 14.07M | 13.83M | 13.7M |
| Operating Margin % | 21.49% | 21.72% | 21.26% | 21.15% | 21.58% | 21.7% | 22.02% | 20.81% | 19.98% | 20.97% | 20.85% | 20.48% | 20.08% | 20.5% | 20.14% | 19.62% | 19.82% | 20% | 21.05% | 20.3% |
| Operating Income Growth % | 18.22% | 12.88% | 6.71% | 3.94% | 9.83% | 10.21% | 8.77% | 5.63% | 6.49% | 6.24% | 15.48% | 16.13% | 11.67% | 9.15% | 5.85% | 5.13% | 11.94% | 16.81% | 30.96% | 46.92% |
| EBITDA | 26.71M | 25.23M | 24.63M | 22.96M | 23.29M | 22.48M | 23.32M | 23.01M | 22.29M | 21.73M | 22.51M | 21.87M | 20.86M | 20.62M | 19.61M | 19.38M | 19.19M | 18.84M | 18.42M | 18.08M |
| EBITDA Margin % | 26.01% | 26.99% | 26.69% | 26.45% | 26.94% | 27.13% | 27.93% | 27.12% | 26.21% | 27.92% | 27.77% | 26.78% | 26.25% | 27.52% | 26.99% | 26.41% | 26.63% | 26.78% | 28.04% | 26.8% |
| EBITDA Growth % | 14.68% | 12.23% | 5.61% | -0.24% | 4.49% | 3.48% | 3.58% | 5.25% | 6.85% | 5.35% | 14.78% | 12.8% | 8.68% | 9.47% | 6.48% | 7.22% | 12.15% | 13.71% | 22.46% | 29.83% |
| D&A (Non-Cash Add-back) | 4.65M | 4.93M | 5.01M | 4.6M | 4.63M | 4.5M | 4.93M | 5.35M | 5.3M | 5.41M | 5.61M | 5.15M | 4.91M | 5.26M | 4.98M | 4.99M | 4.91M | 4.77M | 4.59M | 4.38M |
| EBIT | 22.06M | 20.3M | 19.63M | 18.34M | 19.2M | 18.04M | 18.39M | 17.8M | 17.1M | 16.51M | 16.89M | 16.97M | 15.93M | 15.3M | 14.67M | 14.44M | 14.37M | 14.07M | 13.89M | 13.77M |
| Net Interest Income | 0 | -732K | -340K | -1.33M | 546K | -85K | 34K | 56K | 75K | 348K | -53K | 349K | -195K | 3.07M | -714K | -1.37M | -2.56M | -3M | -2.73M | -989K |
| Interest Income | 0 | 0 | 0 | 0 | 546K | 0 | 34K | 56K | 75K | 348K | 0 | 349K | 0 | 3.07M | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 732K | 340K | 1.33M | 0 | 85K | 0 | 0 | 0 | 0 | 53K | 0 | 195K | 0 | 714K | 1.37M | 2.56M | 3M | 2.73M | 989K |
| Other Income/Expense | 542K | -869K | -344K | -1.33M | 506K | 142K | -169K | 99K | 33K | -1.35M | -257K | -11K | -583K | -1.52M | -974K | -1.41M | -2.53M | -887K | -2.69M | -925K |
| Pretax Income | 22.6M | 19.43M | 19.27M | 17.02M | 19.17M | 18.13M | 18.21M | 17.76M | 17.02M | 14.97M | 16.64M | 16.71M | 15.37M | 13.84M | 13.66M | 12.99M | 11.76M | 13.19M | 11.14M | 12.77M |
| Pretax Margin % | 22.01% | 20.79% | 20.89% | 19.61% | 22.17% | 21.87% | 21.82% | 20.93% | 20.02% | 19.24% | 20.54% | 20.47% | 19.34% | 18.46% | 18.8% | 17.7% | 16.31% | 18.74% | 16.96% | 18.93% |
| Income Tax | 5.57M | 3.68M | 3.89M | 3.26M | 4.07M | 3.35M | 4.03M | 3.77M | 3.43M | 2.53M | 3.6M | 3.8M | 3.42M | 3.75M | 3.08M | 3.45M | 2.46M | 2.8M | 3.34M | 2.9M |
| Effective Tax Rate % | 24.63% | 18.93% | 20.19% | 19.17% | 21.21% | 18.45% | 22.12% | 21.26% | 20.15% | 16.92% | 21.63% | 22.75% | 22.24% | 27.08% | 22.54% | 26.6% | 20.96% | 21.23% | 29.95% | 22.75% |
| Net Income | 16.77M | 15.28M | 14.64M | 13.45M | 14.59M | 13.84M | 13.65M | 13.13M | 13.04M | 12.02M | 12.51M | 12.25M | 11.36M | 9.57M | 10.06M | 8.74M | 8.73M | 9.57M | 7.31M | 9.11M |
| Net Margin % | 16.34% | 16.34% | 15.87% | 15.5% | 16.88% | 16.7% | 16.36% | 15.47% | 15.33% | 15.45% | 15.44% | 15% | 14.29% | 12.77% | 13.85% | 11.91% | 12.11% | 13.61% | 11.13% | 13.5% |
| Net Income Growth % | 14.95% | 10.4% | 7.27% | 2.48% | 11.94% | 15.13% | 9.1% | 7.17% | 14.8% | 25.56% | 24.34% | 40.18% | 30.08% | -0.03% | 37.64% | -4.06% | 5.67% | 40.35% | -21.1% | 243.82% |
| Net Income (Continuing) | 17.03M | 15.76M | 15.38M | 13.76M | 15.1M | 14.78M | 14.19M | 13.98M | 13.59M | 12.44M | 13.04M | 12.91M | 11.95M | 10.09M | 10.58M | 9.53M | 9.29M | 10.39M | 7.8M | 9.87M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 6.3M | 6.92M | 6.51M | 5.63M | 4.84M | 6.03M | 5.12M | 6.15M | 5.44M | 5.79M | 5.07M | 6.34M | 5.8M | 7.06M | 6.49M | 6.06M | 5.84M | 5.34M | 4.59M | 4.05M |
| EPS (Diluted) | 0.85 | 0.77 | 0.74 | 0.68 | 0.73 | 0.70 | 0.69 | 0.66 | 0.66 | 0.60 | 0.63 | 0.61 | 0.56 | 0.47 | 0.49 | 0.43 | 0.43 | 0.46 | 0.35 | 0.44 |
| EPS Growth % | 16.44% | 10% | 7.25% | 3.03% | 10.61% | 16.67% | 9.52% | 8.2% | 17.86% | 27.66% | 28.57% | 41.86% | 30.23% | 2.17% | 40% | -2.27% | 7.5% | 39.39% | -22.22% | 246.67% |
| EPS (Basic) | 0.85 | 0.77 | 0.74 | 0.68 | 0.73 | 0.70 | 0.69 | 0.66 | 0.66 | 0.60 | 0.63 | 0.61 | 0.56 | 0.47 | 0.49 | 0.43 | 0.43 | 0.46 | 0.35 | 0.44 |
| Diluted Shares Outstanding | 19.81M | 19.84M | 19.89M | 19.89M | 19.89M | 19.89M | 19.89M | 19.89M | 19.89M | 19.96M | 19.91M | 20.12M | 20.31M | 20.24M | 20.35M | 20.46M | 20.53M | 20.65M | 20.8M | 20.81M |
| Basic Shares Outstanding | 19.81M | 19.84M | 19.89M | 19.89M | 19.89M | 19.89M | 19.89M | 19.89M | 19.89M | 19.96M | 19.91M | 20.12M | 20.31M | 20.24M | 20.35M | 20.46M | 20.53M | 20.65M | 20.8M | 20.81M |
| Dividend Payout Ratio | 59.15% | 71.67% | 75.96% | 73.94% | 53.17% | 56.07% | 56.82% | 59.11% | 36.62% | 24.49% | 23.98% | 23.02% | 24.63% | 29.71% | 28.37% | 32.9% | 33.12% | 30.34% | 38.35% | 110.89% |