Quick Answer
ITRON, INC. reported R&D Expense of $207.04 million for fiscal year 2025.
ITRON, INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $207.04M | -3.7% |
| 2024 | $215.03M | +3.0% |
| 2023 | $208.69M | +12.7% |
| 2022 | $185.10M | -6.2% |
| 2021 | $197.24M | +1.6% |
| 2020 | $194.10M | -4.0% |
| 2019 | $202.20M | -2.7% |
| 2018 | $207.91M | +22.7% |
| 2017 | $169.41M | +1.0% |
| 2016 | $167.77M | +3.3% |
| 2015 | $162.33M | -7.5% |
| 2014 | $175.50M | +0.0% |
| 2013 | $175.42M | -1.8% |
| 2012 | $178.65M | +10.8% |
| 2011 | $161.31M | +15.9% |
| 2010 | $139.17M | +13.8% |
| 2009 | $122.31M | +1.3% |
| 2008 | $120.70M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $50.03M | -2.4% | -7.0% |
| June 30, 2025 | $53.81M | +1.4% | +7.4% |
| March 31, 2025 | $50.09M | -4.4% | -2.2% |
| September 30, 2024 | $51.24M | -0.8% | -3.4% |
| June 30, 2024 | $53.05M | -0.9% | +1.2% |
| March 31, 2024 | $52.40M | +5.7% | +1.5% |
| September 30, 2023 | $51.64M | +17.9% | -3.6% |
| June 30, 2023 | $53.56M | +18.9% | +8.1% |
- ITRON, INC. showed a decrease of -3.7% in R&D Expense compared to the prior fiscal year.
- Over the 2008–2025 period, ITRON, INC.’s r&d expense has grown by 71.5% (from $120.70 million to $207.04 million).
- The most recent figure is from ITRON, INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 17, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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