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Side-by-side financial comparison of ITRON, INC. (ITRI) and Talen Energy Corp (TLN). Click either name above to swap in a different company.
Talen Energy Corp is the larger business by last-quarter revenue ($758.0M vs $587.0M, roughly 1.3× ITRON, INC.). ITRON, INC. runs the higher net margin — 9.1% vs -47.9%, a 57.0% gap on every dollar of revenue. On growth, Talen Energy Corp posted the faster year-over-year revenue change (114.7% vs -3.3%). Talen Energy Corp produced more free cash flow last quarter ($254.0M vs $79.0M). Over the past eight quarters, Talen Energy Corp's revenue compounded faster (35.0% 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.
PPL Corporation is an energy company headquartered in Allentown, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. The company is publicly traded on the New York Stock Exchange as NYSE: PPL and is part of the S&P 500. As of 2022, the company had $7.9 billion in revenue, 6,500 employees, over $37 billion in assets, and serves 3.6 million customers.
ITRI vs TLN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $587.0M | $758.0M |
| Net Profit | $53.6M | $-363.0M |
| Gross Margin | 40.3% | — |
| Operating Margin | 11.5% | -41.3% |
| Net Margin | 9.1% | -47.9% |
| Revenue YoY | -3.3% | 114.7% |
| Net Profit YoY | -18.0% | -542.7% |
| EPS (diluted) | $1.18 | $-7.60 |
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 | $758.0M | ||
| Q3 25 | $581.6M | $697.0M | ||
| Q2 25 | $606.8M | $409.0M | ||
| Q1 25 | $607.2M | $654.0M | ||
| Q4 24 | $612.9M | $353.0M | ||
| Q3 24 | $615.5M | $459.0M | ||
| Q2 24 | $609.1M | $346.0M |
| Q1 26 | $53.6M | — | ||
| Q4 25 | $101.6M | $-363.0M | ||
| Q3 25 | $65.6M | $207.0M | ||
| Q2 25 | $68.3M | $72.0M | ||
| Q1 25 | $65.5M | $-135.0M | ||
| Q4 24 | $58.1M | $82.0M | ||
| Q3 24 | $78.0M | $168.0M | ||
| Q2 24 | $51.3M | $454.0M |
| 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% | -41.3% | ||
| Q3 25 | 14.1% | 37.7% | ||
| Q2 25 | 12.6% | 16.1% | ||
| Q1 25 | 12.6% | -16.2% | ||
| Q4 24 | 10.2% | 4.5% | ||
| Q3 24 | 12.0% | 34.4% | ||
| Q2 24 | 10.6% | 7.8% |
| Q1 26 | 9.1% | — | ||
| Q4 25 | 17.8% | -47.9% | ||
| Q3 25 | 11.3% | 29.7% | ||
| Q2 25 | 11.3% | 17.6% | ||
| Q1 25 | 10.8% | -20.6% | ||
| Q4 24 | 9.5% | 23.2% | ||
| Q3 24 | 12.7% | 36.6% | ||
| Q2 24 | 8.4% | 131.2% |
| Q1 26 | $1.18 | — | ||
| Q4 25 | $2.20 | $-7.60 | ||
| Q3 25 | $1.41 | $4.25 | ||
| Q2 25 | $1.47 | $1.50 | ||
| Q1 25 | $1.42 | $-2.94 | ||
| Q4 24 | $1.26 | $2.07 | ||
| Q3 24 | $1.70 | $3.16 | ||
| Q2 24 | $1.10 | $7.60 |
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 | $689.0M |
| Total DebtLower is stronger | — | $6.8B |
| Stockholders' EquityBook value | $1.6B | $1.1B |
| Total Assets | $4.0B | $10.9B |
| Debt / EquityLower = less leverage | — | 6.23× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $712.9M | — | ||
| Q4 25 | $1.0B | $689.0M | ||
| Q3 25 | $1.3B | $497.0M | ||
| Q2 25 | $1.2B | $122.0M | ||
| Q1 25 | $1.1B | $295.0M | ||
| Q4 24 | $1.1B | $328.0M | ||
| Q3 24 | $982.5M | $648.0M | ||
| Q2 24 | $920.6M | $632.0M |
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $6.8B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | $1.3B | $3.0B | ||
| Q3 24 | $1.3B | $2.6B | ||
| Q2 24 | $1.3B | $2.6B |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.7B | $1.1B | ||
| Q3 25 | $1.7B | $1.5B | ||
| Q2 25 | $1.6B | $1.2B | ||
| Q1 25 | $1.5B | $1.2B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | $1.3B | $2.4B | ||
| Q2 24 | $1.2B | $2.5B |
| Q1 26 | $4.0B | — | ||
| Q4 25 | $3.7B | $10.9B | ||
| Q3 25 | $3.7B | $6.1B | ||
| Q2 25 | $3.6B | $5.8B | ||
| Q1 25 | $3.5B | $5.9B | ||
| Q4 24 | $3.4B | $6.1B | ||
| Q3 24 | $3.4B | $6.8B | ||
| Q2 24 | $3.3B | $7.1B |
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | 6.23× | ||
| Q3 25 | — | 2.03× | ||
| Q2 25 | — | 2.40× | ||
| Q1 25 | — | 2.54× | ||
| Q4 24 | 0.91× | 2.17× | ||
| Q3 24 | 0.94× | 1.10× | ||
| Q2 24 | 1.02× | 1.05× |
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 | $280.0M |
| Free Cash FlowOCF − Capex | $79.0M | $254.0M |
| FCF MarginFCF / Revenue | 13.5% | 33.5% |
| Capex IntensityCapex / Revenue | — | 3.4% |
| Cash ConversionOCF / Net Profit | 1.60× | — |
| TTM Free Cash FlowTrailing 4 quarters | $394.6M | $606.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $85.5M | — | ||
| Q4 25 | $119.3M | $280.0M | ||
| Q3 25 | $117.8M | $489.0M | ||
| Q2 25 | $96.7M | $-184.0M | ||
| Q1 25 | $72.1M | $119.0M | ||
| Q4 24 | $79.8M | — | ||
| Q3 24 | $65.3M | $96.0M | ||
| Q2 24 | $51.7M | $-23.0M |
| Q1 26 | $79.0M | — | ||
| Q4 25 | $111.5M | $254.0M | ||
| Q3 25 | $113.4M | $468.0M | ||
| Q2 25 | $90.7M | $-217.0M | ||
| Q1 25 | $67.5M | $101.0M | ||
| Q4 24 | $70.2M | — | ||
| Q3 24 | $58.7M | $83.0M | ||
| Q2 24 | $44.6M | $-43.0M |
| Q1 26 | 13.5% | — | ||
| Q4 25 | 19.5% | 33.5% | ||
| Q3 25 | 19.5% | 67.1% | ||
| Q2 25 | 14.9% | -53.1% | ||
| Q1 25 | 11.1% | 15.4% | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 9.5% | 18.1% | ||
| Q2 24 | 7.3% | -12.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 3.4% | ||
| Q3 25 | 0.8% | 3.0% | ||
| Q2 25 | 1.0% | 8.1% | ||
| Q1 25 | 0.8% | 2.8% | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 1.1% | 2.8% | ||
| Q2 24 | 1.2% | 5.8% |
| Q1 26 | 1.60× | — | ||
| Q4 25 | 1.17× | — | ||
| Q3 25 | 1.80× | 2.36× | ||
| Q2 25 | 1.41× | -2.56× | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.37× | — | ||
| Q3 24 | 0.84× | 0.57× | ||
| Q2 24 | 1.01× | -0.05× |
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% |
TLN
| Electricity Sales And Ancillary Services | $555.0M | 73% |
| Operating Revenue Capacity | $182.0M | 24% |
| Physical Electricity Sales Bilateral Contracts Other | $21.0M | 3% |
