Itron Q3 Earnings Beat Estimates, Revenue Down 6%, Stock Drops 21%

Itron reported Q3 2025 earnings per share of $1.54, beating estimates by 4.1%, but down 16.3% YoY. Revenue was $581.6 million, down from $615.5 million in the prior-year quarter. The company's customers are adopting advanced technologies to navigate unprecedented levels of complexity and uncertainty. Itron's Grid Edge Intelligence solutions enhance infrastructure agility, empowering utilities and municipalities to deliver greater reliability, efficiency, and safety. The company projects 2025 revenue of $2.35-$2.36 billion, a 3% decline from 2024, and raised its non-GAAP EPS outlook to $6.84-$6.94.