Ituran Reports Record Q1 2026 Revenue of $102.7M, 19% Growth, and $0.50 Dividend
ITRN sits 86% above its 52-week low of $32.71.
Summary
Ituran Location & Control Ltd. announced record Q1 2026 revenues of $102.7 million, marking a 19% year-over-year increase, alongside double-digit growth in profitability and a $10 million dividend declaration.
Key Events · Earnings and Guidance · ITRN
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Record Quarterly Revenue
Q1 2026 revenues reached a record $102.7 million, a 19% increase year-over-year, surpassing the $100 million milestone for the first time.
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Strong Profitability Growth
Operating income grew 18% to $22.1 million, EBITDA increased 15% to $26.7 million, and net income rose 15% to $16.8 million.
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Subscriber Base Expansion
The company added 40,000 net subscribers in the quarter, bringing the total subscriber base to 2,670,000.
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Quarterly Dividend Declared
The Board declared a quarterly dividend of $10 million, or $0.50 per share, reflecting strong profitability and cash flow.
Analysis · ITRN · Trade & Services
Ituran Location & Control Ltd. delivered strong first-quarter results, achieving record revenues of $102.7 million, a 19% increase year-over-year. This performance was driven by double-digit growth across all key financial metrics, including operating income, EBITDA, and net income. The company also added 40,000 net subscribers and declared a $10 million dividend, signaling continued financial health and a positive outlook for 2026. These results reinforce the company's strong market position, especially as it trades near its 52-week high.
At the time of this filing, ITRN was trading at $60.99 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $1.2B. The 52-week trading range was $32.71 to $62.31. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.