XML 35 R5.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 1,020,397 $ 1,051,237
Accounts receivable, net 367,794 350,473
Inventories 242,886 270,725
Other current assets 191,241 143,457
Total current assets 1,822,318 1,815,892
Property, plant, and equipment, net 112,193 115,428
Deferred tax assets, net 265,183 310,280
Other long-term assets 63,352 41,827
Operating lease right-of-use assets, net 29,341 28,957
Intangible assets, net 83,337 43,109
Goodwill 1,344,983 1,052,130
Total assets 3,720,707 3,407,623
Current liabilities    
Accounts payable 156,288 144,929
Other current liabilities 58,864 61,241
Wages and benefits payable 122,245 137,384
Taxes payable 16,618 19,689
Current portion of debt, net 459,522 0
Current portion of warranty 10,868 14,302
Unearned revenue 187,822 150,720
Total current liabilities 1,012,227 528,265
Long-term debt, net 788,805 1,242,424
Long-term warranty 7,350 7,839
Pension benefit obligation 61,998 59,537
Deferred tax liabilities, net 623 565
Operating lease liabilities 19,623 25,350
Other long-term obligations 91,885 132,215
Total liabilities 1,982,511 1,996,195
Equity    
Preferred stock, no par value, 10,000 shares authorized, no shares issued or outstanding 0 0
Common stock, no par value, 150,000 and 75,000 shares authorized, 44,929 and 45,131 shares issued and outstanding 1,661,350 1,689,835
Accumulated other comprehensive loss, net (56,505) (109,931)
Retained earnings (accumulated deficit) 111,751 (189,304)
Total Itron, Inc. shareholders' equity 1,716,596 1,390,600
Noncontrolling interests 21,600 20,828
Total equity 1,738,196 1,411,428
Total liabilities and equity $ 3,720,707 $ 3,407,623
Common stock, shares authorized (in shares) 150,000 75,000