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Private company

ITERIS, INC.

ITERIS, INC. is an American communications equipment company, incorporated in Delaware.1 It is headquartered in Austin, Texas.1

Last updated Oct 21, 2026.

Overview

$172.0MRevenue, fiscal 20242
$3.1MNet income, fiscal 20242
  • IndustryCommunications Equipment, NEC1
  • HeadquartersAustin, Texas1
  • Incorporated inDE3
  • Business address1250 S. Capital Of Texas Hwy., Bldg. 1, Suite 330, Austin, Tx 787463
  • Filer categoryAccelerated filer, Smaller reporting company3

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Iteris, Inc. (referred to in this report as “Iteris”, the “Company”, “we”, “our”, and “us”) is a provider of smart mobility infrastructure management solutions. Our cloud-enabled solutions help public transportation agencies, municipalities, commercial entities and other transportation infrastructure providers monitor, visualize, and optimize mobility infrastructure to make mobility safe, efficient, and sustainable for everyone.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

37.6%Gross margin2
1.6%Operating margin2
1.8%Net margin2
10.2%Revenue growth, 20242
4.5%Return on equity2
$10.8MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue62¢$107.4M
  • Research and development6¢$10.0M
  • Other costs30¢$51.2M
  • Income tax0¢$332.0K
  • Profit2¢$3.1M

Out of $172.0M in revenue.2

Where each dollar of operating cash went, fiscal 2024

  • Capital spending5¢$557.0K
  • Share buybacks2¢$183.0K
  • Kept or used elsewhere93¢$10.6M

Out of $11.4M of cash from operations.2

Financial statements

Revenue567892$172.0M in 2024+79% since 2017
0$50.0M$100.0M$150.0M$200.0M2017: $96.0M$96.0M20172018: $103.7M$103.7M2018+8%2019: $93.3M$93.3M2019−10%2020: $107.4M$107.4M2020+15%2021: $117.1M$117.1M2021+9%2022: $133.6M$133.6M2022+14%2023: $156.1M$156.1M2023+17%2024: $172.0M$172.0M2024+10%
Gross profit567892$64.6M in 2024+73% since 2017
0$20.0M$40.0M$60.0M$80.0M2017: $37.4M$37.4M20172018: $39.8M$39.8M2018+6%2019: $35.3M$35.3M2019−11%2020: $43.6M$43.6M2020+24%2021: $46.9M$46.9M2021+7%2022: $47.4M$47.4M2022+1%2023: $42.0M$42.0M2023−11%2024: $64.6M$64.6M2024+54%
Operating income567892$2.8M in 2024
-$15.0M-$10.0M-$5.0M0$5.0M2017: -$5.2M-$5.2M20172018: -$5.6M-$5.6M2018+7%2019: -$2.9M-$2.9M2019−48%2020: -$2.1M-$2.1M2020−28%2021: $439.0K$439.0K20212022: -$6.7M-$6.7M20222023: -$14.5M-$14.5M2023+117%2024: $2.8M$2.8M2024
Net income567892$3.1M in 2024
-$20.0M-$10.0M0$10.0M$20.0M2017: -$4.8M-$4.8M20172018: -$3.5M-$3.5M2018−27%2019: -$7.8M-$7.8M2019+122%2020: -$5.6M-$5.6M2020−28%2021: $10.1M$10.1M20212022: -$7.1M-$7.1M20222023: -$14.9M-$14.9M2023+110%2024: $3.1M$3.1M2024
Fiscal year20172018201920202021202220232024
Revenue$96.0M5$103.7M6$93.3M7$107.4M8$117.1M8$133.6M9$156.1M2$172.0M2
Cost of revenue$58.6M5$63.9M6$58.0M7$63.8M8$70.3M8$86.2M9$114.0M2$107.4M2
Gross profit$37.4M5$39.8M6$35.3M7$43.6M8$46.9M8$47.4M9$42.0M2$64.6M2
Research and development$6.9M5$7.9M6$3.8M7$4.3M8$5.1M8$7.4M9$8.3M2$10.0M2
Selling, general and admin$33.3M5$37.4M6$34.2M7$40.7M7$39.2M7
Operating expenses$54.1M9$56.5M2$61.8M2
Operating income-$5.2M5-$5.6M6-$2.9M7-$2.1M8$439.0K8-$6.7M9-$14.5M2$2.8M2
Income before tax-$6.7M9-$14.7M2$3.5M2
Income tax-$44.0K5-$1.8M6$36.0K7$160.0K8$115.0K8$174.0K9$135.0K2$332.0K2
Net income-$4.8M5-$3.5M6-$7.8M7-$5.6M8$10.1M8-$7.1M9-$14.9M2$3.1M2
Earnings per share-$0.1513-$0.115-$0.237-$0.148$0.248-$0.169-$0.352$0.072
Earnings per share (diluted)-$0.1513-$0.115-$0.237-$0.148$0.248-$0.169-$0.352$0.072
Shares (weighted, basic)42.2M shares942.4M shares242.9M shares2
Shares (weighted, diluted)42.2M shares942.4M shares243.9M shares2

Compare ITERIS, INC. with another company

Corporate structure

ITERIS, INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of ITERIS, INC.

  • GLAZER CAPITAL, LLC Filed SCHEDULE 13G/A on ITERIS, INC., latest Feb 14, 2025 (2 filings since Sep 27, 2024)
  • VANGUARD GROUP INC Filed SC 13G/A on ITERIS, INC., latest Feb 13, 2024 (3 filings since Feb 10, 2022)
  • Samjo Management, LLC Filed SC 13G/A on ITERIS, INC., latest Feb 9, 2024 (2 filings since Jul 31, 2023)
  • BlackRock Filed SC 13G on ITERIS, INC., latest Jan 29, 2024 (3 filings since Feb 1, 2022)
  • Cowen Prime Advisors LLC Filed SC 13G on ITERIS, INC., latest Aug 7, 2023 (2 filings since Feb 9, 2022)
  • Samjo Capital LLC Filed SC 13G/A on ITERIS, INC., latest Feb 10, 2023 (2 filings since Feb 7, 2022)
  • ROYCE & ASSOCIATES LP Filed SC 13G/A on ITERIS, INC., latest Jan 31, 2022
  • ITERIS, INC. Austin, Texas

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What ITERIS, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Accumulated depreciation$6.4M2 Mar 31, 2024$5.9M2 Mar 31, 2023+8.8%
Property and equipment, net$1.3M2 Mar 31, 2024$1.3M2 Mar 31, 2023−0.1%
Operating-lease assets (leased space)$7.2M2 Mar 31, 2024$8.3M2 Mar 31, 2023−13.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$25.9M2 Mar 31, 2024$16.6M2 Mar 31, 2023+55.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$28.3M2 Mar 31, 2024$28.3M2 Mar 31, 20230%
Finite-lived intangibles, gross$25.5M2 Mar 31, 2024$22.8M2 Mar 31, 2023+11.8%
Accumulated amortization$15.9M2 Mar 31, 2024$12.6M2 Mar 31, 2023+26.0%
Finite-lived intangibles, net$9.6M2 Mar 31, 2024$10.2M2 Mar 31, 2023−5.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$13.4M2 Mar 31, 2024$10.8M2 Mar 31, 2023+23.9%
Work in process$468.0K2 Mar 31, 2024$315.0K2 Mar 31, 2023+48.6%
Finished goods$3.9M2 Mar 31, 2024$2.7M2 Mar 31, 2023+45.2%

Leadership

Who has led ITERIS, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Abbas Mohaddes2007–2014
  2. J. Joseph Bergera2015–2024

President

  1. J. Joseph Bergera2015–2024

Chief financial officer

  1. James Miele2006–2013
  2. Walter McBride2013
  3. Craig A. Christensen2014
  4. Andrew C. Schmidt2015–2018
  5. Douglas L. Groves2019–2022
  6. Kerry A. Shiba2023–2024
2010201520202025
Board members and other officers (29)

Former names

  • ITERIS HOLDINGS INCNov 7, 2003 to Dec 2, 20043
  • ODETICS INCAug 14, 1995 to Sep 18, 20033

Timeline

  1. Nov 1, 20248-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights52
  2. Oct 23, 20248-K Shareholder vote; Other events53
  3. Oct 11, 20248-K Other events54
  4. Sep 24, 20248-K Other events55
  5. Aug 9, 20248-K Entered a material agreement; Executive or director change; Regulation FD disclosure56
  6. Aug 8, 20248-K Results of operations57
  7. Jun 13, 20248-K Results of operations58
  8. Feb 8, 20248-K Results of operations59
  9. Nov 9, 20238-K Results of operations60
  10. Sep 12, 20238-K Shareholder vote61
  11. Aug 8, 20238-K Results of operations62
  12. Jul 18, 20238-K Executive or director change63
  13. Sep 24, 2015New chief executive J. Joseph Bergera becomes CEO16
  14. Oct 4, 2007New chief executive Abbas Mohaddes becomes CEO17

Calendar

When it reported results

  1. Aug 8, 2024Reported quarterly or annual results57
  2. Jun 13, 2024Reported quarterly or annual results58
  3. Feb 8, 2024Reported quarterly or annual results59
  4. Nov 9, 2023Reported quarterly or annual results60
  5. Aug 8, 2023Reported quarterly or annual results62
  6. Jun 13, 2023Reported quarterly or annual results64
  7. Feb 2, 2023Reported quarterly or annual results65
  8. Nov 8, 2022Reported quarterly or annual results66

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

159 filings to the SEC since October 2021: 4 annual reports, 9 quarterly reports, 27 major events, 73 insider forms, 15 large holders, 31 other. The latest 20:

  1. Feb 14, 2025SCHEDULE 13G/A EDGAR
  2. Nov 12, 202415-12G EDGAR
  3. Nov 4, 2024EFFECT EDGAR
  4. Nov 4, 2024EFFECT EDGAR
  5. Nov 1, 202425-NSE EDGAR
  6. Nov 1, 20244 EDGAR
  7. Nov 1, 20244 EDGAR
  8. Nov 1, 20244 EDGAR
  9. Nov 1, 20244 EDGAR
  10. Nov 1, 20244 EDGAR
  11. Nov 1, 20244 EDGAR
  12. Nov 1, 20244 EDGAR
  13. Nov 1, 20244 EDGAR
  14. Nov 1, 20244 EDGAR
  15. Nov 1, 20244 EDGAR
  16. Nov 1, 2024RW EDGAR
  17. Nov 1, 2024POS AM EDGAR
  18. Nov 1, 2024POS AM EDGAR
  19. Nov 1, 2024S-8 POS EDGAR
  20. Nov 1, 2024S-8 POS EDGAR

The 159 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

20 open-market trades by officers, directors and large owners since October 2021: 6 buys and 14 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 9, 2024SHIBA KERRY ASVP and CFOSale12,080$7.09$85.6KForm 4
Aug 12, 2024Samjo Management, LLC10% ownerSale848,300$6.99$5.9MForm 4
Aug 9, 2024Samjo Management, LLC10% ownerSale1,200,000$7.00$8.4MForm 4
Jun 17, 2024WIENER ANDREW10% ownerSale48,500$4.18$202.7KForm 4
Jun 14, 2024WIENER ANDREW10% ownerSale59,000$4.16$245.4KForm 4
Jun 10, 2024Kreter ToddSenior Vice PresidentSale2,585$4.30$11.1KForm 4
Mar 21, 2024Cousins William M.SVP and Chief Product OfficerSale2,804$4.91$13.8KForm 4
Mar 4, 2024Bergera J. JosephPresident and CEOSale13,450$5.03$67.7KForm 4
Mar 1, 2024Bergera J. JosephPresident and CEOSale12,736$5.17$65.8KForm 4
Feb 29, 2024Bergera J. JosephPresident and CEOSale10,714$5.19$55.6KForm 4
Feb 20, 2024Valentine-Poska KimberlyDirectorBuy10,000$5.02$50.2KForm 4
Feb 8, 2024Samjo Management, LLC10% ownerSale72,000$5.36$385.9KForm 4
Feb 1, 2024Samjo Management, LLC10% ownerSale40,000$4.92$196.8KForm 4
Jan 31, 2024Samjo Management, LLC10% ownerSale31,000$4.93$152.8KForm 4
Dec 6, 2023Kreter ToddSenior Vice PresidentSale8,611$4.37$37.6KForm 4
Feb 10, 2022Mooney GerardDirectorBuy5,800$3.35$19.4KForm 4
Feb 9, 2022Groves Douglas LSenior Vice President & CFOBuy5,000$3.40$17.0KForm 4
Feb 8, 2022Bergera J. JosephPresident and CEOBuy10,000$3.38$33.8KForm 4
Dec 17, 2021THOMAS TOMDirectorBuy15,000$3.82$57.3KForm 4
Dec 17, 2021THOMAS TOMDirectorBuy15,000$3.82$57.3KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How ITERIS, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARITERIS, INC.1
  • CIK0000350868
  • Employer ID (EIN)95-25884961
  • Filer statusAccelerated filer<br>smaller reporting company1
  • Incorporated inDelaware1
  • Fiscal year endsMarch 311
  • Industry code (SIC)3669 Communications Equipment, NEC1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address1250 S. Capital Of Texas Hwy., Bldg. 1, Suite 330, Austin, TX 787461
  • Phone512-716-08081
  • Shares outstanding42,822,824 as of Aug 2, 202412
  • Public float$147.7M as of Sep 29, 202315
  • On EDGAR sinceAug 14, 19951
  • Filings1,273 in all: 4 (563), 8-K (204), 10-Q (88), SC 13G/A (48), 3 (39), SC 13G (34), DEF 14A (29), 10-K (28)1
    All 58 form types

    S-3 (23), 4/A (18), 424B3 (16), CORRESP (15), 10-K/A (14), DEFA14A (14), S-8 (14), SC 13D/A (12), UPLOAD (11), S-8 POS (9), PRE 14A (8), S-3/A (8), EFFECT (7), 8-K/A (6), 144 (5), 5 (5), DEFR14A (4), NT 10-K (4), REGDEX (4), SC 13D (3), 25-NSE (2), 3/A (2), 424B5 (2), 8-A12B (2), 8-A12G (2), CT ORDER (2), NT 10-Q (2), POS AM (2), RW (2), S-1 (2), 10-K405 (1), 10-K405/A (1), 10-Q/A (1), 15-12G (1), 25 (1), 424B1 (1), 425 (1), 8-A12B/A (1), 8-A12G/A (1), CERTAMX (1), CERTNAS (1), DEFM14A (1), DEFS14A (1), PREM14A (1), PRER14A (1), PRES14A (1), PX14A6G (1), REGDEX/A (1), S-1/A (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (10-K) Jun 13, 2024
    Quarterly report (10-Q) Aug 8, 2024
    Proxy statement (DEF 14A) Jul 28, 2023
    Latest 8-K (8-K) Nov 1, 2024

Sources

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