Itron Inc (NASDAQ: ITRI) is a technology and services company that designs, manufactures, and deploys devices, software, and managed services for measuring and managing energy and water resources. Revenue comes from hardware sales, software licenses, and recurring managed services sold primarily to electric, gas, and water utilities. The 10-K filed 2026-02-17 (accession 000078057126000033) for the fiscal year ended confirms Itron operates across utility end markets with a product portfolio spanning smart meters, network communications systems, and data analytics platforms.
Products and services include smart electric, gas, and water meters, network communications infrastructure, and software and managed services for utility data collection and analytics, as referenced in the 10-K filed 2026-02-17.
Itron generates revenue through hardware product sales (smart meters, communication modules), software licenses, and recurring managed and professional services contracts sold to utility operators. The mix of one-time hardware revenue and recurring services revenue is disclosed in the filing but segment-level percentage breakdowns are not supported by the excerpts provided.
Primary customers are electric, gas, and water utilities. Specific customer concentration figures and named customers are not supported by the filing excerpts provided.
Geographic segment details and revenue breakdowns by region are not supported by the filing excerpts provided.
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