| Stage | ITRI | % of rev | TER | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $599M | 100.00% | $1.3B | 100.00% | TER ×2.18 |
| Gross profit | $245M | 40.86% | $771M | 59.06% | TER +18.2pp |
| Operating income | $95M | 15.93% | $402M | 30.78% | TER +14.8pp |
| Pre-tax income | $97M | 16.19% | $404M | 30.96% | TER +14.8pp |
| Net income | $71M | 11.89% | $348M | 26.63% | TER +14.7pp |
| Stage | ITRI | TER | Gap · A − B |
|---|---|---|---|
| Revenue | $599M100.00% | $1.3B100.00% | TER ×2.18 |
| Gross profit | 40.86%$245M | 59.06%$771M | TER +18.2pp |
| Operating income | 15.93%$95M | 30.78%$402M | TER +14.8pp |
| Pre-tax income | 16.19%$97M | 30.96%$404M | TER +14.8pp |
| Net income |
| 11.89%$71M |
| 26.63%$348M |
| TER +14.7pp |