Itron, Inc. ITRI continues to generate strong cash flow, supported by improved operational efficiency, favorable business mix and disciplined cost management. Despite fluctuations in utility project deployments, the company delivered robust free cash flow in the second quarter of 2026, highlighting the resilience of its operating model. With deployment activity expected to accelerate in the second half, sustaining this momentum remains a key focus. Itron generated $81 million in free cash flow during the second quarter compared with $91 million in the year-ago period. The decline primarily reflected higher tax payments and lower interest income, partially offset by favorable working-capital timing.
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