Itron (FRA:IT6) Research & Development: €182 Mil (TTM As of Mar. 2026)


FRA:IT6 Itron Inc FRA:IT6
71 GF Score
Price €71.96
GF Value €85.91
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Itron Research & Development?

Itron FRA:IT6 -1.96% 71 Research & Development is €182 Mil as of Mar. 2026. GuruFocus rates FRA:IT6 with a GF Score™ of 71/100 and a GF Value™ of €85.91 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Itron's Research & Development for the three months ended in Mar. 2026 was €48 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €182 Mil.

Itron  (FRA:IT6) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Itron Research & Development Related Terms

Itron Research & Development Historical Data

* Premium members only.

The historical data trend for Itron's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Itron Research & Development Chart

Itron Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 174.55 174.73 191.37 205.36 176.81

Itron Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.33 46.65 42.63 45.36 47.57
FRA:IT6
71GF Score
Itron Inc FRA:IT6
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Itron Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €182 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €182 Mil mean?
Itron (FRA:IT6) has a Research & Development of €182 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Itron and its competitors.
Is Itron's Research & Development too high?
Itron's current Research & Development is €182 Mil. Overall, Itron has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Itron's Research & Development compare to BMI and VNT?
Itron's Research & Development of €182 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Hardware company?
A good Research & Development depends on the Hardware industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Itron and its competitors. Itron's current Research & Development is €182 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itron stock overvalued right now?
Based on GuruFocus' analysis, Itron (FRA:IT6) is currently considered Modestly Undervalued. The stock's GF Value™ is €85.91, compared to a current price of €71.96 — trading 16.2% below its estimated fair value. The current Research & Development is €182 Mil. Itron's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Itron (FRA:IT6), the current Research & Development is €182 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Itron (FRA:IT6) Overvalued in 2026?

Based on GuruFocus' analysis, Itron stock appears to be undervalued. The current stock price of €71.96 is trading 16.2% below its estimated GF Value™ of €85.91. GuruFocus considers Itron to be Modestly Undervalued.

Key valuation signals for FRA:IT6:

  • Research & Development: €182 Mil
  • GF Value™: €85.91 vs. price of €71.96 (16.2% below fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the FRA:IT6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Itron Business Description

Address 2111 North Molter Road, Liberty Lake, WA, USA, 99019
Itron Inc provides solutions that measure, manage, and analyze energy and water use. The company offers grid edge intelligence, energy and water management, smart city applications, Industrial Internet of Things (IIoT), and critical infrastructure and related services. It operates under the Itron brand and has four reportable segments: Device Solutions, Networked Solutions, Resiliency Solutions, and Outcomes. Key revenue is generated from the Networked Solutions segment, which includes a combination of communicating endpoints (e.g., smart meters, modules, endpoints, and sensors), network infrastructure, network design services, and associated headend management and application software designed and sold as a complete solution for acquiring and transporting robust application-specific data.
71GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€71.96
Price
€85.91
GF Value