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Itron

Challenger#7 in Climate & Energy

$2.4B revenue 2024 (+12% YoY); $324M EBITDA (+43% YoY); $208M free cash flow (+$110M YoY); 2M Xcel Energy meters Jan 2024; 7.7M HEDNO Greece contract 2025; smart meter market $28.2B 2024; leader

Best for: Smart Metering & Grid
59
AI Score
Grade C
AI Visibility Score (Beta)
Climate & EnergySmart Metering & GridWebsiteUpdated October 2026

Brand Intelligence Graph

Company Overview

About Itron

Itron is a global technology company founded in 1977 and headquartered in Liberty Lake, Washington, that provides smart metering hardware, grid-edge intelligence, and network infrastructure for electric, gas, and water utilities worldwide. The company was built on the premise that utilities need accurate, timely consumption data to manage their networks effectively and that the physical infrastructure for collecting that data — meters, communications networks, and analytics platforms — requires specialized engineering and operational expertise at global scale. Itron's mission is to create a more resourceful world by enabling utilities to optimize the delivery of energy and water.

Business Model & Competitive Advantage

Itron's product and platform portfolio spans advanced metering infrastructure (AMI), grid edge intelligence, network management, and utility analytics. The company manufactures smart meters and communications modules and operates the Itron Riva network — a distributed intelligence platform that moves data processing from the utility back office to the edge of the grid. Itron serves electric, gas, and water utilities across more than 100 countries and has deployed smart metering solutions for major utilities including a 2 million meter contract with Xcel Energy and a 7.7 million meter contract with HEDNO in Greece.

Competitive Landscape 2025–2026

Itron reported $2.4 billion in revenue for 2024, a 12% increase year over year, and $324 million in EBITDA, up 43% year over year — metrics that reflect both strong market demand for grid modernization and improving operational leverage. The company trades on Nasdaq under the ticker ITRI and holds a strong competitive position as utilities globally accelerate AMI deployments driven by regulatory mandates, electrification demand growth, and the operational requirements of integrating distributed energy resources into aging grid infrastructure.

Founded
1977
Headquarters
Liberty Lake, Washington
Revenue
$2.4B
Curated content • Fact-checked and verified

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Key Differentiators

Strong Challenger

Itron is an established challenger with significant market presence and competitive offerings in Climate & Energy.

Enterprise Scale

With $2.4B in revenue, Itron operates at enterprise scale with proven market validation.

Top 10 Ranked

Ranked #7 in the Climate & Energy category, among the industry's best.

Frequently Asked Questions

Estimated Visibility Trend (Beta)

Simulated 8-week rolling score

59
→ Stable

Based on estimated brand signals. Historical tracking coming soon.

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