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Side-by-side financial comparison of Charles River Laboratories (CRL) and ITRON, INC. (ITRI). Click either name above to swap in a different company.

Charles River Laboratories is the larger business by last-quarter revenue ($994.2M vs $587.0M, roughly 1.7× ITRON, INC.). ITRON, INC. runs the higher net margin — 9.1% vs -27.8%, a 36.9% gap on every dollar of revenue. On growth, Charles River Laboratories posted the faster year-over-year revenue change (-0.8% vs -3.3%). ITRON, INC. produced more free cash flow last quarter ($79.0M vs $58.6M). Over the past eight quarters, Charles River Laboratories's revenue compounded faster (-0.9% CAGR vs -1.8%).

Charles River Laboratories International, Inc. is an American pharmaceutical and biotechnology contract research organisation (CRO) headquartered in Wilmington, Massachusetts, United States. Founded in 1947, the company provides preclinical and clinical laboratory services for the development of new drugs, vaccines, and medical devices.

Itron, Inc. is an American technology company that offers products and services for energy and water resource management. It is headquartered in Liberty Lake, Washington, United States. The company's products measure and analyze electricity, gas and water consumption. Its products include electricity, gas, water and thermal energy measurement devices and control technology, communications systems, software, as well as managed and consulting services.

CRL vs ITRI — Head-to-Head

Bigger by revenue
CRL
CRL
1.7× larger
CRL
$994.2M
$587.0M
ITRI
Growing faster (revenue YoY)
CRL
CRL
+2.5% gap
CRL
-0.8%
-3.3%
ITRI
Higher net margin
ITRI
ITRI
36.9% more per $
ITRI
9.1%
-27.8%
CRL
More free cash flow
ITRI
ITRI
$20.4M more FCF
ITRI
$79.0M
$58.6M
CRL
Faster 2-yr revenue CAGR
CRL
CRL
Annualised
CRL
-0.9%
-1.8%
ITRI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CRL
CRL
ITRI
ITRI
Revenue
$994.2M
$587.0M
Net Profit
$-276.6M
$53.6M
Gross Margin
40.3%
Operating Margin
-28.5%
11.5%
Net Margin
-27.8%
9.1%
Revenue YoY
-0.8%
-3.3%
Net Profit YoY
-28.9%
-18.0%
EPS (diluted)
$-5.57
$1.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRL
CRL
ITRI
ITRI
Q1 26
$587.0M
Q4 25
$994.2M
$571.7M
Q3 25
$1.0B
$581.6M
Q2 25
$1.0B
$606.8M
Q1 25
$984.2M
$607.2M
Q4 24
$1.0B
$612.9M
Q3 24
$1.0B
$615.5M
Q2 24
$1.0B
$609.1M
Net Profit
CRL
CRL
ITRI
ITRI
Q1 26
$53.6M
Q4 25
$-276.6M
$101.6M
Q3 25
$54.4M
$65.6M
Q2 25
$52.3M
$68.3M
Q1 25
$25.5M
$65.5M
Q4 24
$-214.5M
$58.1M
Q3 24
$69.7M
$78.0M
Q2 24
$94.1M
$51.3M
Gross Margin
CRL
CRL
ITRI
ITRI
Q1 26
40.3%
Q4 25
40.5%
Q3 25
37.7%
Q2 25
36.9%
Q1 25
35.8%
Q4 24
34.9%
Q3 24
34.6%
34.1%
Q2 24
34.5%
34.6%
Operating Margin
CRL
CRL
ITRI
ITRI
Q1 26
11.5%
Q4 25
-28.5%
13.8%
Q3 25
13.3%
14.1%
Q2 25
9.7%
12.6%
Q1 25
7.6%
12.6%
Q4 24
-16.7%
10.2%
Q3 24
11.6%
12.0%
Q2 24
14.8%
10.6%
Net Margin
CRL
CRL
ITRI
ITRI
Q1 26
9.1%
Q4 25
-27.8%
17.8%
Q3 25
5.4%
11.3%
Q2 25
5.1%
11.3%
Q1 25
2.6%
10.8%
Q4 24
-21.4%
9.5%
Q3 24
6.9%
12.7%
Q2 24
9.2%
8.4%
EPS (diluted)
CRL
CRL
ITRI
ITRI
Q1 26
$1.18
Q4 25
$-5.57
$2.20
Q3 25
$1.10
$1.41
Q2 25
$1.06
$1.47
Q1 25
$0.50
$1.42
Q4 24
$-4.17
$1.26
Q3 24
$1.33
$1.70
Q2 24
$1.74
$1.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRL
CRL
ITRI
ITRI
Cash + ST InvestmentsLiquidity on hand
$213.8M
$712.9M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$3.2B
$1.6B
Total Assets
$7.1B
$4.0B
Debt / EquityLower = less leverage
0.68×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRL
CRL
ITRI
ITRI
Q1 26
$712.9M
Q4 25
$213.8M
$1.0B
Q3 25
$207.1M
$1.3B
Q2 25
$182.8M
$1.2B
Q1 25
$229.4M
$1.1B
Q4 24
$194.6M
$1.1B
Q3 24
$210.2M
$982.5M
Q2 24
$179.2M
$920.6M
Total Debt
CRL
CRL
ITRI
ITRI
Q1 26
Q4 25
$2.1B
$1.3B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.5B
Q4 24
$2.2B
$1.3B
Q3 24
$2.3B
$1.3B
Q2 24
$2.4B
$1.3B
Stockholders' Equity
CRL
CRL
ITRI
ITRI
Q1 26
$1.6B
Q4 25
$3.2B
$1.7B
Q3 25
$3.4B
$1.7B
Q2 25
$3.4B
$1.6B
Q1 25
$3.2B
$1.5B
Q4 24
$3.5B
$1.4B
Q3 24
$3.8B
$1.3B
Q2 24
$3.7B
$1.2B
Total Assets
CRL
CRL
ITRI
ITRI
Q1 26
$4.0B
Q4 25
$7.1B
$3.7B
Q3 25
$7.5B
$3.7B
Q2 25
$7.6B
$3.6B
Q1 25
$7.6B
$3.5B
Q4 24
$7.5B
$3.4B
Q3 24
$8.0B
$3.4B
Q2 24
$7.9B
$3.3B
Debt / Equity
CRL
CRL
ITRI
ITRI
Q1 26
Q4 25
0.68×
0.74×
Q3 25
0.64×
Q2 25
0.70×
Q1 25
0.79×
Q4 24
0.65×
0.91×
Q3 24
0.62×
0.94×
Q2 24
0.65×
1.02×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRL
CRL
ITRI
ITRI
Operating Cash FlowLast quarter
$147.5M
$85.5M
Free Cash FlowOCF − Capex
$58.6M
$79.0M
FCF MarginFCF / Revenue
5.9%
13.5%
Capex IntensityCapex / Revenue
8.9%
Cash ConversionOCF / Net Profit
1.60×
TTM Free Cash FlowTrailing 4 quarters
$518.5M
$394.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRL
CRL
ITRI
ITRI
Q1 26
$85.5M
Q4 25
$147.5M
$119.3M
Q3 25
$213.8M
$117.8M
Q2 25
$204.6M
$96.7M
Q1 25
$171.7M
$72.1M
Q4 24
$159.4M
$79.8M
Q3 24
$251.8M
$65.3M
Q2 24
$193.5M
$51.7M
Free Cash Flow
CRL
CRL
ITRI
ITRI
Q1 26
$79.0M
Q4 25
$58.6M
$111.5M
Q3 25
$178.2M
$113.4M
Q2 25
$169.3M
$90.7M
Q1 25
$112.4M
$67.5M
Q4 24
$83.7M
$70.2M
Q3 24
$213.1M
$58.7M
Q2 24
$154.0M
$44.6M
FCF Margin
CRL
CRL
ITRI
ITRI
Q1 26
13.5%
Q4 25
5.9%
19.5%
Q3 25
17.7%
19.5%
Q2 25
16.4%
14.9%
Q1 25
11.4%
11.1%
Q4 24
8.4%
11.4%
Q3 24
21.1%
9.5%
Q2 24
15.0%
7.3%
Capex Intensity
CRL
CRL
ITRI
ITRI
Q1 26
Q4 25
8.9%
1.4%
Q3 25
3.5%
0.8%
Q2 25
3.4%
1.0%
Q1 25
6.0%
0.8%
Q4 24
7.5%
1.6%
Q3 24
3.8%
1.1%
Q2 24
3.8%
1.2%
Cash Conversion
CRL
CRL
ITRI
ITRI
Q1 26
1.60×
Q4 25
1.17×
Q3 25
3.93×
1.80×
Q2 25
3.91×
1.41×
Q1 25
6.74×
1.10×
Q4 24
1.37×
Q3 24
3.61×
0.84×
Q2 24
2.06×
1.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRL
CRL

Discovery And Safety Assessment Segment$591.6M60%
Manufacturing Support Segment$196.4M20%
Transferred At Point In Time$108.0M11%
Transferred Over Time$98.3M10%

ITRI
ITRI

Product revenues$477.8M81%
Service revenues$109.2M19%

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