Ituran Location and Control Ltd. (ITRN)

Nasdaq: ITRN · Wholesale-Electronic Parts & Equipment, NEC · Azoor, IL · filing with the SEC since 2005

Grade6.9

◀ Past 7.0● Present 6.6▶ Future 7.3

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Apr 23, 2026	Apr 21, 2025	Apr 18, 2024	Apr 19, 2023	Apr 26, 2022	Apr 26, 2021	Apr 23, 2020	Apr 30, 2019	Apr 30, 2018	Apr 27, 2017
Revenue	359,023	336,257	319,978	293,072	270,884	245,627	279,332	253,335	234,636	199,574
For lenders
Net interest income after provision	-1	-24	-311	-654	-883	-1,299	-1,666	-528	1	225
Cost of revenue	180,446	175,637	166,817	155,510	143,046^r	129,086^r	148,814	126,007	115,252	97,543
Gross profit	178,577	160,620	153,161	137,562	127,838^r	116,541^r	130,518	127,328	119,384	102,031
Research and development	20,806	18,090	16,986	16,848	14,099	12,767	13,913	6,223	3,160	2,895
Sales and marketing	18,378	15,271	13,643	13,327	13,262^r	12,040^r	12,778	11,340	12,246	10,074
General and administrative	62,456	56,238	56,635	48,705	46,118	49,705	55,166	47,693	47,590	40,228
Operating income	77,028	71,169	65,955	58,774	54,615	27,831	22,654	62,378	56,535	47,998
Interest and investment income	·	·	·	·	1,900	1,900^r	·	·	·	·
Share of profit of equity-method investments	·	·	·	-585	-102	-842	-3,203	4,219	8,520	-449
Other income (expense), net	-272	0	2	·	·	·	·	·	·	2,056
Total non-operating income (expense)	-1,854	80	-1,552	-5,944	-5,538	1,480	576	717	-989	2,056
Income before income taxes	74,902	71,249	64,405	52,830	48,968	29,039	23,204	76,233	55,546	50,054
Income tax expense	14,899	14,579	13,355	12,745	11,854	10,856	12,234	17,273	17,705	14,877
Net income including non-controlling interests	59,998	56,547	50,344	39,500	37,012	17,341	7,767	63,179	46,361	34,728
Net income to non-controlling interests	2,031	2,893	2,207	2,397	2,756	1,218	878	2,504	2,567	2,589
Net income	57,967	53,654	48,137	37,103	34,256	16,123	6,889	60,675	43,794	32,139
Earnings per share, basic	2.92	2.70	2.41	1.82	1.65	0.77	·	·	·	·
Earnings per share, diluted	2.92	2.70	2.41	1.82	1.65	0.77	·	·	·	·
Earnings per share, basic and diluted	·	·	·	·	1.65	0.77	0.33	2.88	2.09	1.53
Weighted average shares, basic	19,874	19,894	20,000	20,418	20,769	20,813	·	·	·	·
Weighted average shares, diluted	19,874	19,894	20,000	20,418	20,769	20,813	·	·	·	·
Weighted average shares, basic and diluted	·	·	·	·	20,769	20,813	21,037	21,077	20,968	20,968^r

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton ITRN · research, not advice