Loading financial statements…
Import this data to Google Sheets with:
=jivedata("ITRI","financials")Full statements spill as a table. For one cell: =jivedata("ITRI","Revenue") or =jivedata("ITRI","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.
ITRI • CIK 0000780571
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | $2,173,633 | $2,440,837 | $2,367,194 | $2,303,166 |
| Cost of Goods and Services Sold | $1,459,725 | $1,601,520 | $1,475,076 | $1,384,926 |
| Gross Profit | $713,908 | $839,317 | $892,118 | $918,240 |
| Operating Income (Loss) | $128,867 | $264,110 | $313,068 | $304,085 |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $127,386 | $284,531 | $342,267 | $323,907 |
| Income Tax Expense (Benefit) | $29,068 | $43,407 | $38,932 | $47,615 |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $98,318 | $241,124 | $303,335 | $276,292 |
| Net Income (Loss) Attributable to Noncontrolling Interest | $1,395 | $2,019 | $2,280 | $2,320 |
| Net Income (Loss) Attributable to Parent | $96,923 | $239,105 | $301,055 | $273,972 |
| Weighted Average Number of Shares Outstanding, Basic | 45,421,000 | 45,368,000 | 45,492,000 | 44,418,000 |
| Weighted Average Number of Shares Outstanding, Diluted | 45,836,000 | 46,187,000 | 46,323,000 | 45,085,000 |
| Selling, General and Administrative Expense | $312,779 | $339,069 | $352,965 | $373,518 |
| Research and Development Expense | $208,688 | $215,034 | $207,041 | $214,281 |
| Amortization of Intangible Assets | $18,918 | $17,828 | $18,034 | $25,662 |
| Gain (Loss) on Disposition of Other Assets | $-667 | $-597 | $-79 | $0 |
| Operating Expenses | $585,041 | $575,207 | $579,050 | $614,155 |
| Investment Income, Interest | $9,314 | $34,577 | $48,376 | $48,376 |
| InterestExpenseNonoperating | — | $15,379 | $22,451 | $22,787 |
| Other Nonoperating Income (Expense) | $-2,446 | $1,223 | $3,274 | $6,333 |
| Nonoperating Income (Expense) | $-1,481 | $20,421 | $29,199 | $19,822 |
| Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements | 415,000 | 819,000 | 823,000 | 659,000 |
| Incremental Common Shares Attributable to Dilutive Effect of Conversion of Debt Securities | 0 | 0 | 8,000 | 8,000 |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 300,000 | 17,000 | 13,000 | 297,000 |
| Treasury Stock, Shares, Acquired | 3,700,000 | 3,700,000 | 3,700,000 | 3,700,000 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | $302,049 | $1,051,237 | $1,020,397 | $745,229 |
| Receivables, Net, Current | $303,821 | $350,473 | $367,794 | $351,109 |
| Property, Plant and Equipment, Net | $128,806 | $115,428 | $112,193 | $121,590 |
| Inventory, Net | $283,686 | $270,725 | $242,886 | $258,727 |
| Deferred Income Tax Assets, Net | $247,211 | $310,280 | $265,183 | $271,513 |
| Common Stock, Shares Authorized | 75,000,000 | 75,000,000 | 150,000,000 | 150,000,000 |
| Other Assets, Current | $159,882 | $143,457 | $191,241 | $194,456 |
| Other Assets, Noncurrent | $38,836 | $41,827 | $63,352 | $60,694 |
| Assets, Current | $1,049,438 | $1,815,892 | $1,822,318 | $1,549,521 |
| Operating Lease, Right-of-Use Asset | $41,186 | $28,957 | $29,341 | $33,359 |
| Intangible Assets, Net (Excluding Goodwill) | $46,282 | $43,109 | $83,337 | $266,076 |
| Goodwill | $1,052,504 | $1,052,130 | $1,344,983 | $1,690,791 |
| Assets | $2,604,263 | $3,407,623 | $3,720,707 | $3,993,544 |
| Long-term Debt, Excluding Current Maturities | $454,827 | $1,242,424 | $788,805 | $1,575,242 |
| Standard Product Warranty Accrual, Noncurrent | $7,501 | $7,839 | $7,350 | $7,078 |
| Liability, Defined Benefit Pension Plan, Noncurrent | $63,887 | $59,537 | $61,998 | $59,874 |
| Deferred Income Tax Liabilities, Net | $697 | $565 | $623 | $1,387 |
| Operating Lease, Liability, Noncurrent | $32,656 | $25,350 | $19,623 | $26,092 |
| Other Liabilities, Noncurrent | $176,028 | $132,215 | $91,885 | $121,519 |
| Liabilities | $1,272,832 | $1,996,195 | $1,982,511 | $2,355,417 |
| Accounts Payable, Current | $199,520 | $144,929 | $156,288 | $146,726 |
| Other Liabilities, Current | $54,407 | $61,241 | $58,864 | $55,135 |
| Employee-related Liabilities, Current | $135,803 | $137,384 | $122,245 | $96,649 |
| Taxes Payable, Current | $8,636 | $19,689 | $16,618 | $24,746 |
| Long-term Debt, Current Maturities | — | — | $459,522 | $0 |
| Standard Product Warranty Accrual, Current | $14,663 | $14,302 | $10,868 | $10,871 |
| Deferred Revenue, Current | $124,207 | $150,720 | $187,822 | $187,822 |
| Liabilities, Current | $537,236 | $528,265 | $1,012,227 | $564,225 |
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 |
| Common Stock, Value, Issued | $1,820,510 | $1,689,835 | $1,661,350 | $1,472,138 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $-81,190 | $-109,931 | $-56,505 | $-74,421 |
| Retained Earnings (Accumulated Deficit) | $-428,409 | $-189,304 | $111,751 | $218,482 |
| Stockholders' Equity Attributable to Parent | $1,310,911 | $1,390,600 | $1,716,596 | $1,616,199 |
| Stockholders' Equity Attributable to Noncontrolling Interest | $20,520 | $20,828 | $21,600 | $21,928 |
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest | $1,331,431 | $1,411,428 | $1,738,196 | $1,638,127 |
| Preferred Stock, Shares Authorized | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |
| Preferred Stock, Shares Issued | 0 | 0 | 0 | 0 |
| Common Stock, Shares, Issued | 45,512,000 | 45,131,000 | 44,929,000 | 43,774,000 |
| Accounts Receivable, after Allowance for Credit Loss, Current | $272,890 | $295,341 | $342,491 | $315,927 |
| Unbilled Receivables, Current | $30,931 | $55,132 | $25,303 | $35,182 |
| Accounts Receivable, Allowance for Credit Loss, Current | $738 | $417 | $1,113 | $1,077 |
| Accounts Receivable, Credit Loss Expense (Reversal) | $-120 | $-187 | $713 | $31 |
| Accounts Receivable, Allowance for Credit Loss, Writeoff | $4,115 | $122 | $167 | $167 |
| Inventory, Raw Materials, Net of Reserves | $213,303 | $198,995 | $184,727 | $200,429 |
| Inventory, Work in Process, Net of Reserves | $17,849 | $16,679 | $13,542 | $12,930 |
| Inventory, Finished Goods, Net of Reserves | $52,534 | $55,051 | $44,617 | $45,368 |
| Machinery and Equipment, Gross | $318,546 | $294,237 | $310,271 | $310,814 |
| Land | $7,846 | $8,513 | $9,654 | $9,501 |
| Construction in Progress, Gross | $24,316 | $22,247 | $19,226 | $20,130 |
| Property, Plant and Equipment, Gross | $602,898 | $560,187 | $569,744 | $563,713 |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $474,092 | $444,759 | $457,551 | $442,123 |
| Depreciation | $36,845 | $38,449 | $30,405 | $15,447 |
| Assets for Plan Benefits, Defined Benefit Plan | $80 | $133 | $334 | $314 |
| Liability, Defined Benefit Pension Plan, Current | $3,623 | $4,123 | $4,376 | $4,904 |
| Defined Benefit Plan, Amounts for Asset (Liability) Recognized in Statement of Financial Position | $-67,430 | $-63,527 | $-66,040 | $-64,464 |
| Restructuring Reserve | $72,376 | $41,331 | $18,960 | $18,960 |
| Restructuring Charges | $43,989 | $2,679 | $931 | $931 |
| Payments for Restructuring | $16,523 | $32,041 | $26,366 | $26,366 |
| Restructuring Costs and Asset Impairment Charges | $4,584 | $-54 | $1 | $1 |
| Restructuring Reserve, Foreign Currency Translation Gain (Loss) | $2,839 | $-1,887 | $3,039 | $3,039 |
| Operating Lease, Liability, Current | $14,981 | $14,584 | $15,828 | $15,828 |
| Operating Lease, Liability | $47,637 | $39,934 | $35,451 | $35,451 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $98,318 | $241,124 | $303,335 | $276,292 |
| Net Cash Provided by (Used in) Operating Activities | $124,971 | $238,175 | $405,952 | $410,742 |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $1,887 | $-5,148 | $10,322 | $-3,336 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $100,042 | $749,188 | $-30,840 | $-479,028 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $302,049 | $1,051,237 | $1,020,397 | $609,980 |
| Depreciation, Depletion and Amortization | $55,763 | $56,277 | $49,517 | $62,497 |
| Proceeds from Divestiture of Businesses, Net of Cash Divested | $-772 | $405 | $278 | $278 |
| Operating Lease, Right-of-Use Asset, Amortization Expense | $16,454 | $20,597 | $11,915 | $12,648 |
| Payments to Acquire Property, Plant, and Equipment | $26,884 | $30,562 | $22,891 | $25,367 |
| Share-based Payment Arrangement, Noncash Expense | $28,357 | $43,874 | $62,449 | $61,369 |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $34,105 | $325,044 | $840,099 |
| Amortization of Debt Issuance Costs | $3,664 | $5,489 | $7,077 | $7,287 |
| Payments for (Proceeds from) Other Investing Activities | $-4,348 | $-850 | $1,995 | $-1,088 |
| Increase (Decrease) in Deferred Income Taxes | $34,646 | $38,791 | $-64,945 | $-55,925 |
| Net Cash Provided by (Used in) Investing Activities | $-23,308 | $-63,412 | $-349,652 | $-864,100 |
| Gain (Loss) on Disposition of Business | $-667 | $-597 | $-79 | $0 |
| Restructuring Costs | $385 | $-191 | $-25 | $462 |
| Other Noncash Income (Expense) | $169 | $895 | $2,237 | $5,421 |
| Increase (Decrease) in Accounts Receivable | $19,494 | $49,138 | $4,215 | $-276 |
| Proceeds from Issuance of Senior Long-term Debt | $0 | $805,000 | $0 | $0 |
| Increase (Decrease) in Inventories | $52,118 | $-5,969 | $-32,682 | $-22,139 |
| Proceeds from Issuance of Common Stock | $3,674 | $8,321 | $7,320 | $3,853 |
| Increase (Decrease) in Other Current Assets | $42,410 | $-15,165 | $43,120 | $54,824 |
| Payments for Hedge, Financing Activities | $0 | $108,997 | $0 | $92,817 |
| Increase (Decrease) in Other Noncurrent Assets | $-2,317 | $6,789 | $13,125 | $13,487 |
| Payments for Repurchase of Common Stock | $0 | $100,000 | $100,000 | $252,234 |
| Increase (Decrease) in Accounts Payable and Accrued Liabilities | $-43,657 | $-35,388 | $6,276 | $28,885 |
| Payments of Debt Issuance Costs | $2,471 | $21,872 | $2,213 | $23,560 |
| Increase (Decrease) in Employee Related Liabilities | $44,700 | $3,784 | $-18,623 | $-11,831 |
| Proceeds from (Payments for) Other Financing Activities | $-4,711 | $-2,879 | $-2,569 | $-2,576 |
| Increase (Decrease) in Deferred Revenue | $28,329 | $29,319 | $28,624 | $33,052 |
| Net Cash Provided by (Used in) Financing Activities | $-3,508 | $579,573 | $-97,462 | $-22,334 |
| Increase (Decrease) in Restructuring Reserve | $29,866 | $-31,011 | $-22,427 | $-19,096 |
| Increase (Decrease) in Other Operating Assets and Liabilities, Net | $-12,423 | $22,027 | $52,739 | $42,628 |
| Income Taxes Paid, Net | $54,550 | $80,172 | $56,316 | $55,611 |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $1,832 | $1,342 | $13,154 | $12,474 |
| Operating Lease, Payments | $19,517 | $18,741 | $18,353 | $18,353 |
| Right-of-Use Asset Obtained in Exchange for Operating Lease Liability | $3,652 | $9,351 | $10,501 | $10,501 |