Starting the shortened trading week on a positive note, Itron (ITRI 1.46%) stock is soaring today. The technology company that provides meters and sensors for smart cities reported fourth-quarter 2025 financial results before the bell rang this morning, and investors are clearly impressed.
As of 12:49 p.m. ET, Itron shares are up 8.7%, retreating from an earlier 17% gain.
Image source: Getty Images.
Beating analysts' estimates is only part of the story
Blowing past analysts' expectations that it would report Q4 2025 revenue of $561.5 million and adjusted earnings per share (EPS) of $2.19, Itron posted $572 million in sales and adjusted EPS of $2.46.
NASDAQ: ITRI
Key Data Points
Besides the income statement, investors found the company's cash flow to be a source of celebration. In Q4 2025, Itron generated free cash flow of $111.5 million, a 58.9% year-over-year increase.
Lauding the company's performance last quarter, Tom Deitrich, Itron's president and CEO, stated: "We achieved numerous financial records, led by Outcomes growth of 23% which is a record level of revenue for that segment. The modern grid cannot operate without real-time intelligence, and Itron is the intelligence layer of the grid."
Is Itron stock a buy on the positive news?
Trading at 16.5 times forward earnings, Itron stock is reasonably priced right now. The stock, however, often underperforms the S&P 500, so investors should evaluate Itron carefully before opening a position. Fortunately, those seeking a compelling Internet of Things stock have plenty of other options.
