v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 1,224,257 $ 1,051,237
Accounts receivable, net 340,321 350,473
Inventories 283,297 270,725
Other current assets 140,998 143,457
Total current assets 1,988,873 1,815,892
Property, plant, and equipment, net 115,595 115,428
Deferred tax assets, net 318,595 310,280
Other long-term assets 42,460 41,827
Operating lease right-of-use assets, net 35,411 28,957
Intangible assets, net 34,426 43,109
Goodwill 1,088,408 1,052,130
Total assets 3,623,768 3,407,623
Current liabilities    
Accounts payable 123,127 144,929
Other current liabilities 62,283 61,241
Wages and benefits payable 106,837 137,384
Taxes payable 13,636 19,689
Current portion of debt, net 458,334 0
Current portion of warranty 13,312 14,302
Unearned revenue 195,530 150,720
Total current liabilities 973,059 528,265
Long-term debt, net 787,023 1,242,424
Long-term warranty 7,455 7,839
Pension benefit obligation 65,864 59,537
Deferred tax liabilities, net 661 565
Operating lease liabilities 27,061 25,350
Other long-term obligations 128,221 132,215
Total liabilities 1,989,344 1,996,195
Equity, Attributable to Parent [Abstract]    
Preferred stock, no par value, 10,000 shares authorized, no shares issued or outstanding 0 0
Common stock, no par value, 75,000 shares authorized, 45,710 and 45,131 shares issued and outstanding 1,728,667 1,689,835
Accumulated other comprehensive loss, net (59,869) (109,931)
Accumulated deficit (55,490) (189,304)
Total Itron, Inc. shareholders' equity 1,613,308 1,390,600
Noncontrolling interests 21,116 20,828
Total equity 1,634,424 1,411,428
Total liabilities and equity $ 3,623,768 $ 3,407,623