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Itron (ITRI) R&D spending by quarter

Itron's R&D spending was $57.0M in Q3 2026 (third quarter 2026), +1% from Q2 2026. Over the last 7 quarters it ranged from $50.0M (Q3 2025) to $57.0M (Q3 2026).

Itron R&D spending by quarterItron R&D spending by quarter$50.1MQ1 2025$53.8MQ2 2025$50.0MQ3 2025$53.1MQ4 2025$55.0MQ1 2026$56.1MQ2 2026$57.0MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$57.0M+1%+14%
Q2 2026$56.1M+2%+4%
Q1 2026$55.0M+4%+10%
Q4 2025$53.1M+6%—
Q3 2025$50.0M-7%—
Q2 2025$53.8M+7%—
Q1 2025$50.1M——

Q3 2026 at a glance

Itron, Q3 2026: revenue $599M (+3% year over year), operating margin 15.9%, net earnings $71.4M, operating cash flow $102M. The chart follows the revenue to costs, profit and cash.

Questions

What is Itron's R&D spending?

Itron's R&D spending was $57.0M in Q3 2026 (third quarter 2026), +1% from Q2 2026.

How has Itron's R&D spending changed?

Over the last 7 quarters it ranged from $50.0M (Q3 2025) to $57.0M (Q3 2026).

Q3 2026 results → · How Itron makes money →