Itron Reports Strong Q4 Earnings

Energy and water meter company exceeds Wall Street expectations

Published on Feb. 18, 2026

Itron Inc., a Liberty Lake, Washington-based energy and water meter company, reported strong fourth-quarter earnings of $101.6 million, or $2.21 per share. The results topped Wall Street expectations, with the company also posting revenue of $571.7 million, surpassing analyst forecasts.

Why it matters

Itron's solid financial performance in Q4 reflects the company's ability to navigate industry challenges and capitalize on growing demand for its energy and water management solutions. As a leading provider of smart metering and grid modernization technologies, Itron's results offer insights into the broader utility and infrastructure sectors.

The details

Itron's adjusted earnings per share came in at $2.46, beating the average analyst estimate of $2.19 per share. The company's revenue of $571.7 million also exceeded the $561.8 million expected by analysts. For the full year, Itron reported a profit of $301.1 million, or $6.50 per share, on revenue of $2.37 billion.

  • Itron reported its Q4 2025 earnings on February 17, 2026.
  • For the current Q1 2026 quarter, Itron expects earnings per share between $1.20 and $1.30 on revenue of $565 million to $575 million.
  • For the full fiscal year 2026, Itron forecasts earnings per share in the range of $5.75 to $6.25 and revenue between $2.35 billion and $2.45 billion.

The players

Itron Inc.

An energy and water meter company based in Liberty Lake, Washington, that provides smart metering and grid modernization technologies to utility and infrastructure customers.

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What’s next

Itron's strong Q4 results and positive outlook for 2026 will be closely watched by investors and industry analysts as an indicator of broader trends in the energy and utility sectors.

The takeaway

Itron's ability to exceed expectations in Q4 2025 demonstrates the company's resilience and adaptability in a challenging market environment. The firm's focus on innovative energy and water management solutions positions it well to capitalize on the ongoing shift towards smarter, more efficient infrastructure.