ITRN

MKT CAP:$1B

Ituran Location and Control Ltd.

Market Cap

$1B

Technology·Communication Equipment·🇮🇱 Israel·NASDAQ

Technology·Communication·🇮🇱·NASDAQ

Stock Price

$55.97+$13.45 (+31.63%)

Apr 17, 2026

Company Details

Ituran Location and Control Ltd., together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products. The company's Telematics services segment provides stolen vehicle recovery and trackin...

CEO

Nir Sheratzky

IPO Date

Sep 28, 2005

Website

www.ituran.com

Key Metrics TTM

Revenue

$359M

+6.8% YoY

Net Income

$58M

EPS (Diluted)

$2.92

Free Cash Flow

$71M

Revenue / Share

$18.10

Gross Margin

49.7%

Operating Margin

21.4%

Net Margin

16.1%

FCF Margin

19.7%

P/S

3.2x

P/E

19.8x

Earnings Reports

FY 2025

Dec 30, 2025

$359M+6.8%EPS $2.92

Q4 2025

Mar 5, 2026

$93M+12.8%EPS $0.77

Q3 2025

Nov 18, 2025

$92M+10.5%EPS $0.74

Q2 2025

Aug 19, 2025

$87M+2.3%EPS $0.68

Q1 2025

May 28, 2025

$86M+1.7%EPS $0.73

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$72M	$33M	$14M
Q2 22	$73M	$34M	$14M
Q3 22	$73M	$35M	$15M
Q4 22	$75M	$36M	$15M
Q1 23	$79M	$37M	$16M
Q2 23	$82M	$39M	$17M
Q3 23	$81M	$39M	$17M
Q4 23	$78M	$38M	$16M
Q1 24	$85M	$40M	$17M
Q2 24	$85M	$40M	$18M
Q3 24	$83M	$40M	$18M
Q4 24	$83M	$41M	$18M
Q1 25	$86M	$42M	$19M
Q2 25	$87M	$43M	$18M
Q3 25	$92M	$46M	$20M
Q4 25	$93M	$47M	$20M

Valuation

Quarter	P/S	P/E
Q1 22	4.2x	33.1x
Q2 22	4.1x	33.4x
Q3 22	4.0x	30.9x
Q4 22	3.9x	30.9x
Q1 23	3.8x	28.9x
Q2 23	3.7x	26.5x
Q3 23	3.6x	25.1x
Q4 23	3.6x	23.8x
Q1 24	3.5x	23.0x
Q2 24	3.5x	22.6x
Q3 24	3.5x	22.1x
Q4 24	3.4x	21.4x
Q1 25	3.4x	20.8x
Q2 25	3.4x	20.7x
Q3 25	3.3x	20.3x
Q4 25	3.2x	19.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$7M	$828.0K
Q2 22	$11M	$2M
Q3 22	$11M	$7M
Q4 22	$16M	$8M
Q1 23	$17M	$14M
Q2 23	$18M	$14M
Q3 23	$21M	$17M
Q4 23	$22M	$18M
Q1 24	$11M	$8M
Q2 24	$23M	$20M
Q3 24	$17M	$14M
Q4 24	$23M	$18M
Q1 25	$15M	$9M
Q2 25	$22M	$17M
Q3 25	$24M	$18M
Q4 25	$32M	$27M

Capital Expenditures

Quarter	CapEx
Q1 22	$6M
Q2 22	$9M
Q3 22	$4M
Q4 22	$8M
Q1 23	$3M
Q2 23	$3M
Q3 23	$4M
Q4 23	$4M
Q1 24	$3M
Q2 24	$3M
Q3 24	$3M
Q4 24	$4M
Q1 25	$7M
Q2 25	$5M
Q3 25	$6M
Q4 25	$5M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+7.0%	+5.8%
Q2 22	+8.8%	+9.7%
Q3 22	+10.6%	+11.9%
Q4 22	+6.5%	+5.9%
Q1 23	+10.3%	+9.9%
Q2 23	+11.3%	+10.1%
Q3 23	+11.5%	+10.6%
Q4 23	+3.8%	+3.2%
Q1 24	+7.0%	+7.1%
Q2 24	+3.9%	+3.5%
Q3 24	+3.0%	+1.5%
Q4 24	+6.5%	+5.5%
Q1 25	+1.7%	-0.4%
Q2 25	+2.3%	+1.8%
Q3 25	+10.5%	+11.6%
Q4 25	+12.8%	+12.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 22	$4M	$15M
Q2 22	$4M	$15M
Q3 22	$4M	$16M
Q4 22	$5M	$16M
Q1 23	$4M	$17M
Q2 23	$4M	$18M
Q3 23	$4M	$18M
Q4 23	$4M	$18M
Q1 24	$5M	$18M
Q2 24	$5M	$18M
Q3 24	$4M	$17M
Q4 24	$4M	$19M
Q1 25	$5M	$18M
Q2 25	$5M	$20M
Q3 25	$6M	$21M
Q4 25	$5M	$22M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$43M	$2M	$45M
Q2 22	$33M	$496.0K	$33M
Q3 22	$30M	$382.0K	$30M
Q4 22	$28M	$316.0K	$28M
Q1 23	$33M	$209.0K	$33M
Q2 23	$34M	$257.0K	$34M
Q3 23	$40M	$144.0K	$40M
Q4 23	$53M	$119.0K	$54M
Q1 24	$54M	$221.0K	$54M
Q2 24	$63M	$81.0K	$63M
Q3 24	$67M	$32.0K	$67M
Q4 24	$77M	$10.0K	$77M
Q1 25	$76M	$2.0K	$76M
Q2 25	$89M	$2.0K	$89M
Q3 25	$93M	$2.0K	$93M
Q4 25	$108M	$3.0K	$108M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	21M	-0.6%	-1.3%
Q2 22	20M	-0.4%	-1.7%
Q3 22	20M	-0.6%	-2.2%
Q4 22	20M	-0.5%	-2.0%
Q1 23	20M	+0.4%	-1.1%
Q2 23	20M	-1.0%	-1.7%
Q3 23	20M	-1.0%	-2.1%
Q4 23	20M	+0.2%	-1.4%
Q1 24	20M	-0.3%	-2.1%
Q2 24	20M	0.0%	-1.1%
Q3 24	20M	0.0%	-0.1%
Q4 24	20M	0.0%	-0.3%
Q1 25	20M	0.0%	0.0%
Q2 25	20M	0.0%	0.0%
Q3 25	20M	-0.0%	-0.0%
Q4 25	20M	-0.2%	-0.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$56.0K	1K
Q2 22	$57.1K	1K
Q3 22	$56.5K	1K
Q4 22	$67.2K	1K
Q1 23	$71.2K	1K
Q2 23	$73.2K	1K
Q3 23	$72.6K	1K
Q4 23	$36.1K	2K
Q1 24	$39.5K	2K
Q2 24	$39.4K	2K
Q3 24	$38.8K	2K
Q4 24	$42.2K	2K
Q1 25	$44.1K	2K
Q2 25	$44.2K	2K
Q3 25	$47.0K	2K
Q4 25	$47.7K	2K

Revenue / Employee