Hybrid work schedule; on-site at the Oconee, SC local office.
Itron creates technology for measuring and analyzing electricity, gas, and water usage. Its early work started with a handheld device for meter reading, then moved to Automatic Meter Reading (AMR) that sends data wirelessly to a collection system, reducing the need for visual inspections. Today, Itron supplies hardware, software, and services that help utilities monitor, manage, and optimize energy and water use across many countries. Unlike some peers that focus mainly on hardware, Itron positions itself as a provider of intelligent infrastructure and IoT-enabled solutions through acquisitions like Silver Spring Networks, which expanded its software and connectivity capabilities. The company aims to help utilities run more efficient grids, support smart cities, and deliver data-driven insights to customers.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Liberty Lake, Washington
Founded
1977
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Paid Vacation
401(k) Company Match
Stock Options
Hybrid Work Options
Wellness Program
Pursuant to Section 13 or 15(d)of the Securities Exchange Act of 1934
Itron introduces IEE Cloud AI, enabling grid edge use cases from a Trusted Data foundation. Cloud-based, AI-enabled Evolution of Itron Enterprise Edition Meter Data Management Helps Utilities Turn Trusted Data into Actionable Intelligence * Unlock greater value from advanced metering infrastructure (AMI) and grid edge investments with outage insights, grid visibility, forecasting, anomaly detection and revenue assurance * Turn utility data into operational intelligence with cloud-native meter data management and AI-enabled workflows * Reduce IT complexity and gain operational flexibility with near real-time data processing, dynamic scalability and seamless migration options LIBERTY LAKE, Wash., Sept. 16, 2026 (GLOBE NEWSWIRE) - Itron, Inc. (NASDAQ: ITRI), the intelligent infrastructure provider for modern energy and water management, announced the launch of Itron Enterprise Edition (IEE) Cloud AI, the next evolution of Itron IEE Meter Data Management (MDM). Built on a modern cloud architecture and integrated with Itron's Intelligent Edge Operating System (IEOS), IEE Cloud AI brings together proven IEE MDM functionality, cloud-native scalability, trusted data access and AI-enabled workflows. Available via Itron's preferred cloud service providers, the solution gives utilities flexibility to align deployments with their cloud strategy while reducing costs, improving operational visibility, leveraging AI workflow automation and unlocking new value from advanced metering infrastructure (AMI) and grid edge data. With IEOS integration, IEE Cloud AI gives utilities a standardized way to access, share and act on trusted data across their operations. As a secure, enterprise-grade operating system, IEOS provides a common data foundation with standardized data governance across electricity, gas and water. By bringing together meter, grid edge, analytics and application data through IEOS into IEE Cloud AI, the solution reduces data silos, supports AI-enabled workflows and more quickly turns operational data into actionable insights. This integrated solution allows utilities to maximize grid edge investments related to outage insights, grid visibility, anomaly detection, revenue assurance, forecasting and load management, without the need for multiple software integrations. Utilities can also leverage Itron Managed Services, a cost-effective offering that enables Itron to manage IEE Cloud AI on their behalf. Through this offering, utilities benefit from ongoing AI-enabled enhancements, security updates, platform maintenance and reduced burden on internal IT resources. IEE Cloud AI modernizes utility data practices by removing the barriers associated with traditional meter data management. Utilities can determine when data is loaded, validate readings as they arrive, address exceptions throughout the day, reduce dependence on overnight processing windows and work with broader datasets. The solution supports near real-time streaming, on-demand operations and service-based capabilities such as queues and dynamic scaling. IEE Cloud AI provides utilities with AI-trained, natural-language and agent-assisted workflows. Users can more easily retrieve information and gather context across connected systems while receiving assistance with operational tasks under human oversight. As a result, utilities can reduce repetitive work, improve data quality and accelerate operational decision-making. Utilities can determine when data is loaded, validate readings as they arrive, address exceptions throughout the day, reduce dependence on overnight and end-of-day windows, and process broader datasets than before. The cloud architecture allows the system to organize around the utility's work. "Utilities are facing rapid data growth, rising regulatory expectations and increasing operational complexity, yet the need for trusted meter data remains nonnegotiable. They are ready to modernize, but need a practical path that protects the trusted data foundation their operations depend on," said Don Reeves, senior vice president, Outcomes at Itron. "IEE Cloud AI brings together Itron's proven meter data management capabilities, cloud-native scalability and AI-enabled workflows to help utilities move faster, reduce complexity and turn trusted operational data into actionable intelligence." Availability IEE Cloud AI will be available globally in January 2027 for all utilities and offers industry standard interoperability and simple, seamless migration for all configurations - cloud-hosted, customer-hosted and more. To learn more, visit the IEE Cloud AI product page. About Itron Itron is transforming how the world manages energy, water and city services. Its trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, Green Stock News LLC connect people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive. Join Green Stock News LLC as Green Stock News LLC create a more resourceful world: www.itron.com. Itron(R), the Itron Logo are registered trademarks of Itron Inc. in the United States and other countries and region. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated. For additional information, contact: Itron, Inc. Alison Mallahan Senior Manager, Corporate Communications 509-891-3802 [email protected] Paul Vincent Vice President, Investor Relations 512-560-1172 [email protected] Itron, Inc. Plug into more green stock news. Tap into the pulse of emerging green sectors every morning. Top daily headlines from clean energy, cleantech, cannabis, and sustainable transport stocks:
Itron reported second-quarter results that beat profit expectations and raised its full-year earnings forecast, sending shares up 20% in morning trading. The resource management provider's adjusted earnings of $1.59 per share exceeded the average analyst estimate of $1.29, though revenue of approximately $563 million fell slightly short of forecasts. The company's gross margin reached 41%, reflecting operational efficiencies. Itron raised its full-year earnings guidance to a range of $6.30 to $6.50 per share. The strong profit beat and improved outlook signalled robust financial health, prompting a positive investor reaction. At $102.16 per share, Itron is trading 26.2% below its 52-week high of $138.42 from July 2025, but remains up 8.1% year-to-date.
Itron reported second-quarter earnings of $1.59 per share, surpassing the Zacks Consensus Estimate of $1.30 per share by 22.31%. This marks the fourth consecutive quarter the energy and water meter company has beaten earnings expectations. However, quarterly revenues of $562.9 million missed the consensus estimate by 0.32%, down from $606.76 million in the same period last year. The company has topped revenue estimates three times over the past four quarters. Itron shares have declined 8.7% year-to-date, underperforming the S&P 500's 8.3% gain. The company currently holds a Zacks Rank of #4 (Sell), suggesting shares may continue to underperform in the near term. Analysts estimate earnings of $1.52 per share on revenues of $600.44 million for the coming quarter.
Itron reported second quarter revenue of $562.9 million, missing analyst estimates by 0.5% and declining 7.2% year-on-year. The resource management provider's guidance for next quarter of $595 million came in 1.4% below expectations. Despite the revenue shortfall, Itron beat profit forecasts. The company posted adjusted earnings of $1.59 per share, 23.7% above analyst estimates, and adjusted EBITDA of $96.84 million, beating expectations by 18.2%. Full-year revenue guidance of $2.39 billion aligns with analyst expectations, whilst adjusted earnings guidance of $6.40 per share exceeds forecasts by 7.1%. The company maintained a 13.5% operating margin and 14.5% free cash flow margin.