v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 745,229 $ 1,020,397
Accounts receivable, net 351,109 367,794
Inventories 258,727 242,886
Other current assets 194,456 191,241
Total current assets 1,549,521 1,822,318
Property, plant, and equipment, net 121,590 112,193
Deferred tax assets, net 271,513 265,183
Other long-term assets 60,694 63,352
Operating lease right-of-use assets, net 33,359 29,341
Intangible assets, net 266,076 83,337
Goodwill 1,690,791 1,344,983
Total assets 3,993,544 3,720,707
Current liabilities    
Accounts payable 146,726 156,288
Other current liabilities 55,135 58,864
Wages and benefits payable 96,649 122,245
Taxes payable 24,746 16,618
Current portion of debt, net 0 459,522
Current portion of warranty 10,871 10,868
Unearned revenue 230,098 187,822
Total current liabilities 564,225 1,012,227
Long-term debt, net 1,575,242 788,805
Long-term warranty 7,078 7,350
Pension benefit obligation 59,874 61,998
Deferred tax liabilities, net 1,387 623
Operating lease liabilities 26,092 19,623
Other long-term obligations 121,519 91,885
Total liabilities 2,355,417 1,982,511
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, 150,000 shares authorized, 43,774 and 44,929 shares issued and outstanding 1,472,138 1,661,350
Accumulated other comprehensive loss, net (74,421) (56,505)
Retained earnings 218,482 111,751
Total Itron, Inc. shareholders' equity 1,616,199 1,716,596
Noncontrolling interests 21,928 21,600
Total equity 1,638,127 1,738,196
Total liabilities and equity $ 3,993,544 $ 3,720,707