Itron Inc. develops intelligent infrastructure for utilities and cities that measure, manage and analyze energy, water and city services. Company news commonly covers grid edge intelligence, advanced metering infrastructure, communicating endpoints, network infrastructure, headend software and analytics used across electric, gas and water deployments.
Recurring updates include quarterly results, segment activity in Device Solutions, Networked Solutions, Resiliency Solutions and Outcomes, and customer deployments such as distributed energy resource management for low-voltage networks. Itron also reports product expansions for UtilityIQ, cellular gas and water modules, AI-enabled distributed intelligence, education and sustainability programs, and capital-structure actions such as convertible senior notes.
Itron (ITRI) launched its Riva S and Riva T IEC electricity meters in the Asia-Pacific region, introducing its first Gen6 grid edge devices there.
The meters provide high-frequency sampling, edge computing and advanced metrology to improve low-voltage network visibility, outage awareness and management of distributed energy resources (DERs). Built on DLMS/COSEM open standards and designed to meet IEC requirements, they support multi-vendor interoperability, modular distributed intelligence, remote operations and cybersecurity by design. The devices are initially available in Australia, New Zealand and Singapore, with expansion to additional APAC markets expected.
Itron (ITRI) and Crytica Security announced a strategic technology collaboration on Sept. 22, 2026 to enhance cyber threat detection at the grid edge.
The companies plan to integrate Crytica’s patented Rapid Detection, Alert and Isolation (RDAi™) technology into Itron’s Grid Edge Intelligence portfolio, adding continuous integrity monitoring and high-fidelity alerts in resource-constrained field devices. The collaboration is intended to extend Itron’s layered security platform with embedded, deterministic detection of unauthorized device and instruction-set changes, support earlier compromise identification, and improve operational visibility into device health and performance as advanced metering networks evolve into intelligent grid-edge platforms.
Itron (ITRI) has shipped its three millionth Cyble 5 smart water communication module, delivered to Consorcio de Aguas de Bilbao Bizkaia (CABB) in northern Spain.
CABB is a public water utility consortium serving more than 1 million residents across over 100 municipalities in Bizkaia. The Cyble 5 module clips onto existing mechanical meters to convert them into smart devices, enabling automated data collection via drive-by or advanced metering infrastructure without full meter replacement. Data from Cyble 5 is managed through Itron’s Temetra platform, which supports remote access, improved billing accuracy, faster leak detection and more efficient network operations.
Itron (ITRI) announced the program for its Itron Inspire 2026 customer conference, taking place Oct. 16-21, 2026, in Houston, TX, hosted by CenterPoint Energy.
The main Knowledge Conference runs Oct. 18-20 and will feature keynotes and general sessions with leaders from CenterPoint Energy, PG&E, San Antonio Water System, Spire, Duquesne Light Company and federal emergency response meteorology. Topics include grid resiliency, edge intelligence, extreme weather risk and practical approaches to modernizing existing AMI infrastructure.
The event will offer more than 75 customer- and partner-led breakout sessions across five tracks, a Knowledge Center with live solution demonstrations, the interactive Itron Experience virtual game, customer forums and working groups, plus paid pre-conference product training from Oct. 16-18.
Itron (ITRI) launched Itron Enterprise Edition (IEE) Cloud AI, a cloud-based evolution of its IEE Meter Data Management platform that integrates with the Intelligent Edge Operating System (IEOS) to help utilities turn trusted meter and grid edge data into AI-enabled operational intelligence.
The solution combines proven MDM functions with cloud-native scalability, near real-time data processing and standardized data governance across electricity, gas and water. It supports AI-driven, natural-language and agent-assisted workflows for tasks such as outage insights, grid visibility, anomaly detection, revenue assurance and forecasting, while aiming to reduce IT complexity. IEE Cloud AI will be available globally in January 2027, with optional management through Itron Managed Services.
Itron (NASDAQ: ITRI) reported second quarter 2026 revenue of $563 million, down 7% year over year, with annual recurring revenue of $417 million, up 21%. GAAP net income attributable to Itron was $53 million, or $1.19 per diluted share; non-GAAP diluted EPS was $1.59. Adjusted EBITDA rose 8% to $97 million, free cash flow was $81 million, and adjusted gross margin expanded to 41.4%, up 460 basis points.
Device Solutions revenue slipped 1%, Networked Solutions declined 17% on deployment timing and volumes, while Outcomes grew 13%; Resiliency Solutions contributed $16 million. Quarterly bookings were $550 million and backlog was $4.4 billion. For Q3 2026, Itron guides revenue of $590–$600 million and non-GAAP EPS of $1.50–$1.60, and now expects full-year 2026 revenue of $2.37–$2.41 billion and non-GAAP EPS of $6.30–$6.50, reflecting a raised earnings outlook.
Itron (NASDAQ: ITRI) will participate virtually in the Oppenheimer 29th Annual Technology, Internet & Communications Conference on Aug. 11, 2026. Senior executives Joan Hooper and Joel Vach will join a fireside chat at 12:25 p.m. EDT, accessible via live webcast on Itron’s investor relations website.
Itron (NASDAQ:ITRI) will release financial results for the quarter ended June 30, 2026 at 8:30 a.m. EDT on Tuesday, July 28, 2026. Management will host a conference call at 10:00 a.m. EDT with a live webcast and supplemental presentation on the Itron Investor Events & Presentations webpage. A webcast replay will be available through August 4, 2026.
Itron (NASDAQ:ITRI) opened nominations for its eighth annual Itron Innovator Award, recognizing utility and city customers using Itron’s partner ecosystem and technology to improve energy, water and smart city outcomes.
Nominations for 2026 are accepted globally through Aug. 17, 2026, with the winner honored at Itron Inspire 2026 in Houston.
Itron (NASDAQ: ITRI) is collaborating with Watercare Services, New Zealand’s largest water and wastewater utility, to deploy 100,000 Intelis wSource digital water meters in Auckland.
The NB-IoT–enabled meters aim to improve leak detection, billing accuracy, operational efficiency and support Watercare’s broader smart water modernization program.