Itron, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $301.1M | $239.1M | $96.9M | $-9.7M | $-81.3M | $-58.0M | $49.0M | $-99.3M |
| Depreciation & Amortization | $49.5M | $56.3M | $55.8M | $66.8M | $84.2M | $97.3M | $114.4M | $122.5M |
| Depreciation | $30.4M | $38.4M | $36.8M | $41.0M | $48.4M | $52.6M | $50.1M | $50.8M |
| Amortization | $18.0M | $17.8M | $18.9M | $25.7M | $35.8M | $44.7M | $64.3M | $71.7M |
| Stock-Based Compensation | $62.4M | $43.9M | $28.4M | $21.9M | $23.6M | $25.1M | $27.0M | $31.3M |
| Net Cash from Operating Activities | $406.0M | $238.2M | $125.0M | $24.5M | $154.8M | $109.5M | $172.8M | $109.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $22.9M | $30.6M | $26.9M | $19.7M | $34.7M | $46.2M | $60.7M | $60.0M |
| Business Acquisitions | $325.0M | $34.1M | $0 | $-23.0K | $8.7M | $0 | $0 | $803.1M |
| Net Cash from Investing Activities | $-349.7M | $-63.4M | $-23.3M | $40.5M | $-34.9M | $-41.0M | $-48.2M | $-862.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $100.0M | $100.0M | $0 | $17.0M | $8.0M | $0 | $25.0M | $0 |
| Net Cash from Financing Activities | $-97.5M | $579.6M | $-3.5M | $-18.7M | $-152.9M | $-11.6M | $-97.5M | $395.8M |
| Net Change in Cash | $-30.8M | $749.2M | $100.0M | $39.4M | $-44.4M | $57.0M | $27.6M | $-365.0M |
| Free Cash Flow | $383.1M | $207.6M | $98.1M | $4.8M | $120.1M | $63.3M | $112.1M | $49.8M |