$ITRI

Itron Q3 Revenue Rises 3% to $599 Million; Adjusted EPS Reaches $1.94

Itron reported Q3 2026 revenue of $599.3M, up 3% YoY, with adjusted EPS of $1.94. GAAP net income was $71.4M. Growth was driven by higher operating income and adjusted gross margin. The company forecasted Q4 revenue of $621M-$636M and FY 2026 revenue of $2.37B-$2.385B.

Original reporting
Published Oct 27, 2026, 12:43 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 27, 2026, 12:49 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Itron Q3 Revenue Rises 3% to $599 Million; Adjusted EPS Reaches $1.94 — source image
Decision brief

The 30-second read

$ITRIBullishHigh
01

Why it matters

The Q3 earnings beat and raised Q4 outlook suggest improved operational performance and may trigger short‑covering and new buying.

02

Market read

The earnings release provides fresh, material data for traders; the beat and guidance lift sentiment for ITRI and related utility tech stocks.

03

What to watch

Potential headwinds from declining legacy gas product sales and modest Networked Solutions decline.

Relevance 8/10Novelty 8/10Timing: after-hours

Background

Itron (ITRI) is a provider of advanced metering infrastructure and utility analytics solutions, reporting quarterly results via SEC filings.

Company-level read

Ticker impact

$ITRIBullishHigh confidence
Context

Itron reported Q3 2026 revenue of $599M, up 3%, and raised Q4 guidance to $621‑$636M, providing fresh earnings data.

Expected impact

likely upward pressure as the market prices in the revenue beat and higher guidance

Evidence & confidence

The earnings beat and guidance raise expectations for future cash flow, prompting buying interest.

Market effects

Utility metering and smart‑grid providers may see renewed interest as Itron's growth signals sector strength.

North American utility tech stocks could benefit from the positive earnings trend.

Limited to the smart‑metering niche; broader market impact is modest.

Counterpoint

If the revenue growth slows in Q4, the stock could face disappointment despite the current beat.

Key entities

  • Itron, Inc.

    Utility metering and data analytics firm that released Q3 earnings.

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Itron (ITRI) Q3 2026 Earnings Call Transcript

Itron (ITRI) reported Q3 2026 revenue of $599M, up 3% YoY, with adjusted EBITDA of $115M and non-GAAP EPS of $1.94. The company highlighted strong demand for its Grid Edge Intelligence and Resiliency Solutions, with bookings up 2027% YoY. Itron raised its full-year earnings outlook and narrowed its revenue range, citing operational efficiencies and customer wins.