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Itron beats EPS estimates by 22% despite 7% revenue drop in Q2 2026.

Company Fundamentals
28 Jul 2026
Andrew Wynn
View Source
Bullish
pluang ai news

Itron reported a strong Q2 2026 with non-GAAP EPS of $1.59, beating analyst estimates by 22.31% for the fourth straight quarter. Revenue fell 7% to $562.9 million due to timing of project deployments, but annual recurring revenue rose 21% to $417 million and adjusted EBITDA increased 8% to $97 million. The company maintains solid financial health with low debt and strong liquidity, signaling stable growth prospects despite the revenue dip.

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