Itron, Inc. ITRI

Company Overview

Itron, Inc. is a technology company specializing in intelligent measurement, data management, and analytics solutions for utilities and cities. The company operates primarily in the energy and water industries, providing hardware, software, and services that enable the measurement, management, and optimization of electricity, gas, and water usage. Itron’s core offerings support utility grid modernization, operational efficiency, and sustainability initiatives.

The company’s primary revenue drivers include advanced smart meters, network communications, and software and services that allow utilities to collect and analyze usage data. Itron serves electric, gas, and water utilities, as well as municipalities and smart city operators, with a strategic position centered on long-term utility infrastructure deployments and recurring software and services revenue. Founded in 1977, Itron began as a metering company and evolved over decades through organic development and acquisitions into a provider of integrated, data-driven solutions for modern utility systems.