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Side-by-side financial comparison of ITRON, INC. (ITRI) and Qfin Holdings, Inc. (QFIN). Click either name above to swap in a different company.
Qfin Holdings, Inc. is the larger business by last-quarter revenue ($731.2M vs $587.0M, roughly 1.2× ITRON, INC.). Qfin Holdings, Inc. runs the higher net margin — 27.5% vs 9.1%, a 18.4% gap on every dollar of revenue. Over the past eight quarters, Qfin Holdings, Inc.'s revenue compounded faster (16.4% CAGR vs -1.8%).
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.
Qfin Holdings Inc. is a leading China-based fintech enterprise that mainly provides intelligent credit solutions, risk management technology support, and digital financial service tools. It collaborates with licensed financial institutions to serve individual consumers and micro, small and medium-sized enterprises across China, using big data and artificial intelligence to boost financial inclusion and operational efficiency.
ITRI vs QFIN — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $587.0M | $731.2M |
| Net Profit | $53.6M | $201.2M |
| Gross Margin | 40.3% | — |
| Operating Margin | 11.5% | 32.7% |
| Net Margin | 9.1% | 27.5% |
| Revenue YoY | -3.3% | — |
| Net Profit YoY | -18.0% | — |
| EPS (diluted) | $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.
| Q1 26 | $587.0M | — | ||
| Q4 25 | $571.7M | — | ||
| Q3 25 | $581.6M | $731.2M | ||
| Q2 25 | $606.8M | $728.1M | ||
| Q1 25 | $607.2M | $646.4M | ||
| Q4 24 | $612.9M | — | ||
| Q3 24 | $615.5M | $622.7M | ||
| Q2 24 | $609.1M | $572.4M |
| Q1 26 | $53.6M | — | ||
| Q4 25 | $101.6M | — | ||
| Q3 25 | $65.6M | $201.2M | ||
| Q2 25 | $68.3M | $241.6M | ||
| Q1 25 | $65.5M | $247.6M | ||
| Q4 24 | $58.1M | — | ||
| Q3 24 | $78.0M | $256.3M | ||
| Q2 24 | $51.3M | $189.4M |
| 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 | 34.1% | — | ||
| Q2 24 | 34.6% | — |
| Q1 26 | 11.5% | — | ||
| Q4 25 | 13.8% | — | ||
| Q3 25 | 14.1% | 32.7% | ||
| Q2 25 | 12.6% | 41.0% | ||
| Q1 25 | 12.6% | 42.1% | ||
| Q4 24 | 10.2% | — | ||
| Q3 24 | 12.0% | 52.4% | ||
| Q2 24 | 10.6% | 47.7% |
| Q1 26 | 9.1% | — | ||
| Q4 25 | 17.8% | — | ||
| Q3 25 | 11.3% | 27.5% | ||
| Q2 25 | 11.3% | 33.2% | ||
| Q1 25 | 10.8% | 38.3% | ||
| Q4 24 | 9.5% | — | ||
| Q3 24 | 12.7% | 41.2% | ||
| Q2 24 | 8.4% | 33.1% |
| Q1 26 | $1.18 | — | ||
| Q4 25 | $2.20 | — | ||
| Q3 25 | $1.41 | — | ||
| Q2 25 | $1.47 | — | ||
| Q1 25 | $1.42 | — | ||
| Q4 24 | $1.26 | — | ||
| Q3 24 | $1.70 | — | ||
| Q2 24 | $1.10 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $712.9M | $6.5B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.6B | $24.3B |
| Total Assets | $4.0B | $61.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $712.9M | — | ||
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.3B | $6.5B | ||
| Q2 25 | $1.2B | $5.3B | ||
| Q1 25 | $1.1B | $8.6B | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $982.5M | $4.3B | ||
| Q2 24 | $920.6M | $6.3B |
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | $24.3B | ||
| Q2 25 | $1.6B | $24.1B | ||
| Q1 25 | $1.5B | $23.1B | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.3B | $22.9B | ||
| Q2 24 | $1.2B | $22.6B |
| Q1 26 | $4.0B | — | ||
| Q4 25 | $3.7B | — | ||
| Q3 25 | $3.7B | $61.4B | ||
| Q2 25 | $3.6B | $59.8B | ||
| Q1 25 | $3.5B | $55.6B | ||
| Q4 24 | $3.4B | — | ||
| Q3 24 | $3.4B | $47.0B | ||
| Q2 24 | $3.3B | $47.0B |
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.91× | — | ||
| Q3 24 | 0.94× | — | ||
| Q2 24 | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $85.5M | $351.4M |
| Free Cash FlowOCF − Capex | $79.0M | — |
| FCF MarginFCF / Revenue | 13.5% | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.60× | 1.75× |
| TTM Free Cash FlowTrailing 4 quarters | $394.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $85.5M | — | ||
| Q4 25 | $119.3M | — | ||
| Q3 25 | $117.8M | $351.4M | ||
| Q2 25 | $96.7M | $366.0M | ||
| Q1 25 | $72.1M | $386.6M | ||
| Q4 24 | $79.8M | — | ||
| Q3 24 | $65.3M | $338.0M | ||
| Q2 24 | $51.7M | $269.9M |
| Q1 26 | $79.0M | — | ||
| Q4 25 | $111.5M | — | ||
| Q3 25 | $113.4M | — | ||
| Q2 25 | $90.7M | — | ||
| Q1 25 | $67.5M | — | ||
| Q4 24 | $70.2M | — | ||
| Q3 24 | $58.7M | — | ||
| Q2 24 | $44.6M | — |
| Q1 26 | 13.5% | — | ||
| Q4 25 | 19.5% | — | ||
| Q3 25 | 19.5% | — | ||
| Q2 25 | 14.9% | — | ||
| Q1 25 | 11.1% | — | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 9.5% | — | ||
| Q2 24 | 7.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 1.2% | — |
| Q1 26 | 1.60× | — | ||
| Q4 25 | 1.17× | — | ||
| Q3 25 | 1.80× | 1.75× | ||
| Q2 25 | 1.41× | 1.52× | ||
| Q1 25 | 1.10× | 1.56× | ||
| Q4 24 | 1.37× | — | ||
| Q3 24 | 0.84× | 1.32× | ||
| Q2 24 | 1.01× | 1.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ITRI
| Product revenues | $477.8M | 81% |
| Service revenues | $109.2M | 19% |
QFIN
Segment breakdown not available.
