Itron, Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Thomas L. Deitrich
- Full Time Employees
- 5,550
- Sector
- Electronic technology
- Industry
- Electronic equipment/Instruments
- Address
- 2111 North Molter Road Liberty Lake WA United States 99019
- IPO Date
- Nov 4, 1993
- CIK
- 0000780571
- Website
- itron.com
- Similar Companies
- Business
- Itron, Inc. (Nasdaq: ITRI) provides end-to-end smart metering, networking, and software solutions that enable utilities and cities to manage energy, water, and smart city infrastructure worldwide. The company operates through three primary segments: Device Solutions, offering hardware products including standard and communicating electricity, gas, water, heat, and allocation meters for measurement, control, and sensing; Networked Solutions, delivering smart meters, modules, endpoints, sensors, network infrastructure, and related software for advanced metering infrastructure, distributed energy resource management, grid edge devices, distribution automation, smart street lighting, leak detection, and industrial IoT applications; and Outcomes, providing value-added software services such as artificial intelligence, machine learning, statistical modeling, analytics, cloud-based software-as-a-service, implementation, project management, installation, consulting, post-sale maintenance, and extended warranties, all under the Itron brand. Itron serves electric, gas, and water utilities, municipalities, and smart city customers through direct sales, distributors, agents, partners, and meter manufacturers in over 100 countries, with manufacturing facilities across North America, Europe, Asia, and other regions. Founded in 1977 and headquartered in Liberty Lake, Washington, the company maintains a global footprint with 49 sites, including 27 manufacturing locations. Recent developments include the October 2025 agreement to acquire Urbint, Inc. for $325 million to enhance AI-driven operational resilience solutions, expected to close in Q4 2025; the November 2025 agreement to acquire Locusview Ltd. for $525 million to expand digital construction management and resiliency offerings, slated for closure in January 2026; the launch of the Gen6 network platform and updated UtilityIQ application suite in October 2025, introducing multi-transport interoperability, cellular connectivity, and battery-powered mesh for gas and water; a September 2025 marketing partnership with Current Lighting Solutions to integrate CityEdge controls with LED street lighting; and the March 2025 introduction of IntelliFLEX for grid flexibility.
Company News
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