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Ituran reports record Q2 revenue of $104.8M, up 21%, with net income rising 29%.

Company Fundamentals
12 Aug 2026
PRNewsWire
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Bullish
Ituran reports record Q2 revenue of $104.8M, up 21%, with net income rising 29%.

Ituran Location and Control Ltd. announced record second-quarter 2026 revenue of $104.8 million, a 21% increase year-over-year, driven by a 25% rise in subscription revenue. Net income grew 29% to $17.3 million, and EBITDA increased 24% to $28.5 million, reflecting strong operating leverage. The company added 41,000 net subscribers, reaching 2.71 million, with growth across Israel and Latin America supported by OEM partnerships and new initiatives like IturanMob in the US. Ituran declared a $10 million dividend and continues to invest in growth areas, confident in sustained profitability for 2026.

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