ITRI Itron, Inc.

Margins & Returns

Itron, Inc. is a global technology and services firm that offers comprehensive solutions for managing operations within the energy, water, and smart city domains. Its business is organized into three distinct divisions: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment is responsible for providing physical hardware products designed for tasks such as measurement, control, and sensing. The Networked Solutions division specializes in integrated systems, combining communicating devices like smart meters, modules, endpoints, and sensors with essential network infrastructure and specific application software for efficient data collection and transfer. The Outcomes segment delivers sophisticated, value-added software and services focused on handling, structuring, analyzing, and interpreting data. This helps improve decision-making, maximize profitability, boost resource efficiency, and achieve desired results for consumers, utility companies, and urban centers. Additionally, Itron offers a suite of support services, including solution implementation, project coordination, system installation, expert consulting, and post-sale maintenance. It also provides cloud and Software-as-a-Service (SaaS) offerings, as well as extended or customized warranty options. All products and services are marketed under the singular Itron brand. The company reaches its target clients, primarily utility providers and municipalities, through a combination of its direct sales force and an extensive indirect network that includes distributors, sales representatives, partners, and meter manufacturer representatives. Itron, Inc. was founded in 1977 and maintains its corporate headquarters in Liberty Lake, Washington.