Ituran Location and Control Ltd. (ITRN) Income Statement
ITRN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsITRN revenue and net income
Where ITRN's revenue goes
2025Each bar shows an amount and its share of revenue. ITRN kept 16.1% of revenue as net income.
ITRN profit margins
ITRN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +6.8% | +7.0% | +7.9% | +7.4% |
| Gross profit | +11.2% | +9.1% | +8.9% | +7.1% |
| Operating income | +8.3% | +9.4% | +12.9% | +6.7% |
| Net income | +8.0% | +16.0% | +29.2% | +8.8% |
| EPS (diluted) | +7.4% | +16.9% | +16.4% | +9.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ITRN quarterly EPS vs estimates
Ituran Location and Control beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 17, 2026 (estimate $0.91).
ITRN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $359.0M | $336.3M | $320.0M | $293.1M | $270.9M | $245.6M | $279.3M | $253.3M | $238.5M | $199.6M |
| Cost of revenue | $180.4M | $175.6M | $166.8M | $155.5M | $143.0M | $129.1M | $148.8M | $126.0M | $115.3M | $97.5M |
| Gross profit | $178.6M | $160.6M | $153.2M | $137.6M | $127.8M | $116.5M | $130.5M | $127.3M | $119.4M | $102.0M |
| Research & development | $20.8M | $18.1M | $17.0M | $16.8M | $14.1M | $12.8M | $13.9M | $6.2M | $3.2M | $2.9M |
| Sales, general & admin | $80.8M | $71.5M | $70.3M | $62.0M | $59.4M | $61.7M | $67.9M | $59.0M | $59.8M | $50.3M |
| Total operating expenses | $101.6M | $89.5M | $87.2M | $78.8M | $73.2M | $88.7M | $81.9M | $65.0M | $62.8M | $54.0M |
| Operating income | $76.9M | $71.0M | $65.9M | $58.7M | $54.4M | $42.0M | $48.7M | $61.7M | $56.4M | $48.8M |
| Interest income | $3.1M | $2.0M | $1.6M | $995,000 | $538,000 | $302,000 | $444,000 | $704,000 | $1.7M | $2.2M |
| Interest expense | $1.9M | $2.0M | $1.9M | $2.6M | $2.2M | $2.2M | $2.6M | $528,000 | $1.7M | $46,000 |
| Income before taxes | $74.9M | $71.1M | $63.7M | $52.2M | $48.9M | $28.2M | $20.0M | $80.5M | $64.1M | $49.6M |
| Income taxes | $14.9M | $14.6M | $13.4M | $12.7M | $11.9M | $10.9M | $12.2M | $17.3M | $17.7M | $14.9M |
| Net income | $58.0M | $53.7M | $48.1M | $37.1M | $34.3M | $16.1M | $6.9M | $64.5M | $43.8M | $32.1M |
| EBITDA | $95.9M | $93.3M | $87.4M | $75.5M | $69.3M | $50.1M | $48.7M | $91.4M | $69.1M | $61.7M |
| EPS (diluted) | $2.91 | $2.71 | $2.40 | $1.82 | $1.76 | $1.36 | $1.64 | $2.45 | $2.09 | $1.53 |
| Gross margin | 49.7% | 47.8% | 47.9% | 46.9% | 47.2% | 47.4% | 46.7% | 50.3% | 50.1% | 51.1% |
| Operating margin | 21.4% | 21.1% | 20.6% | 20.0% | 20.1% | 17.1% | 17.4% | 24.3% | 23.6% | 24.5% |
| Net margin | 16.1% | 16.0% | 15.0% | 12.7% | 12.6% | 6.6% | 2.5% | 25.5% | 18.4% | 16.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $104.8M | $102.7M | $93.5M | $92.3M | $86.8M | $86.5M | $82.9M | $83.5M | $84.9M | $85.0M | $77.8M | $81.1M |
| Cost of revenue | $51.4M | $53.2M | $46.3M | $45.9M | $43.9M | $44.4M | $41.8M | $43.3M | $45.1M | $45.5M | $39.4M | $41.6M |
| Gross profit | $53.4M | $49.4M | $47.2M | $46.4M | $42.9M | $42.0M | $41.1M | $40.2M | $39.8M | $39.5M | $38.4M | $39.4M |
| Research & development | $5.5M | $5.0M | $5.2M | $5.7M | $5.1M | $4.9M | $4.5M | $4.5M | $4.6M | $4.5M | $4.2M | $4.4M |
| Sales, general & admin | $24.1M | $22.5M | $21.8M | $21.1M | $19.5M | $18.5M | $18.6M | $17.3M | $17.5M | $18.0M | $17.8M | $18.1M |
| Total operating expenses | $29.6M | $27.4M | $26.9M | $26.8M | $24.6M | $23.4M | $23.1M | $21.8M | $22.1M | $22.5M | $21.9M | $22.5M |
| Operating income | $23.8M | $22.1M | $20.3M | $19.6M | $18.4M | $18.7M | $18.0M | $18.4M | $17.7M | $17.0M | $16.3M | $16.9M |
| Interest expense | $1.3M | $732,000 | $732,000 | $340,000 | $1.3M | $85,000 | — | — | — | $1.7M | $1.7M | $53,000 |
| Income before taxes | $22.4M | $22.6M | $19.4M | $19.3M | $17.0M | $19.2M | $18.1M | $18.2M | $17.8M | $17.0M | $15.0M | $16.6M |
| Income taxes | $4.6M | $5.6M | $3.7M | $3.9M | $3.3M | $4.1M | $3.3M | $4.0M | $3.8M | $3.4M | $2.5M | $3.6M |
| Net income | $17.3M | $16.8M | $15.3M | $14.6M | $13.5M | $14.6M | $13.8M | $13.7M | $13.1M | $13.0M | $12.0M | $12.5M |
| EBITDA | $28.4M | $27.2M | $25.1M | $24.6M | $22.9M | $23.8M | $22.5M | $23.3M | $23.2M | $22.4M | $21.9M | $22.5M |
| EPS (diluted) | $0.88 | $0.85 | $0.77 | $0.74 | $0.67 | $0.73 | $0.70 | $0.69 | $0.66 | $0.66 | $0.60 | $0.63 |
| Gross margin | 50.9% | 48.2% | 50.5% | 50.3% | 49.5% | 48.6% | 49.6% | 48.1% | 46.9% | 46.5% | 49.4% | 48.6% |
| Operating margin | 22.7% | 21.5% | 21.7% | 21.3% | 21.2% | 21.6% | 21.8% | 22.0% | 20.8% | 20.0% | 21.0% | 20.9% |
| Net margin | 16.5% | 16.3% | 16.3% | 15.9% | 15.5% | 16.9% | 16.7% | 16.4% | 15.5% | 15.3% | 15.4% | 15.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ITRN's financial statements (latest annual report filed April 23, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ITRN financial results
In fiscal year 2025 (ended December 31, 2025), Ituran Location and Control reported revenue of $359.0 million, up 6.8% from the year before. It had net income of $58.0 million (up 8.0%), a net profit margin of 16.1%. Diluted earnings per share came to $2.91. Over five years revenue grew at an average rate of 7.9% a year.
See the ITRN stock overview for the latest quote and news, or the ITRN chart for price history and technical indicators.
ITRN income statement FAQ
What is Ituran Location and Control's annual revenue?
Ituran Location and Control reported total revenue of $359.0 million for fiscal year 2025, which ended on December 31, 2025. That was up 6.8% from $336.3 million the previous year.
Is Ituran Location and Control profitable?
Yes. Ituran Location and Control reported net income of $58.0 million in fiscal 2025, a net profit margin of 16.1%; its operating margin was 21.4%.
What is Ituran Location and Control's gross margin?
Ituran Location and Control's gross margin was 49.7% in fiscal 2025: for every $100 of revenue, Ituran Location and Control kept $50 after the direct cost of its products and services.
How much does Ituran Location and Control spend on research and development?
Ituran Location and Control spent $20.8 million on research and development in fiscal 2025, 5.8% of revenue.
How fast is Ituran Location and Control growing?
Revenue grew 7.9% a year on average over the last five fiscal years, from $245.6 million to $359.0 million.
What are Ituran Location and Control's earnings per share?
Ituran Location and Control earned $2.91 per diluted share in fiscal 2025, compared with $2.71 a year earlier.
When will Ituran Location and Control report its next earnings?
Ituran Location and Control is expected to report results for the quarter ending September 30, 2026 on November 17, 2026 before the market opens.
When does Ituran Location and Control's fiscal year end?
Ituran Location and Control's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 23, 2026.