The Motley FoolAug 19, 2026, 1:53 PM
Ituran (ITRN) Q2 2026 Earnings Call Transcript
Ituran reported record Q2 2026 revenue of $104.8 million (up 21% YoY) and net income of $17.3 million (up 29% YoY), driven by subscription revenue growth of 25% to $79.8 million. The company added 41,000 net new subscribers, reaching 2.71 million total. Management highlighted OEM partnership expansion, Big Data monetization opportunities, and growth initiatives including IturanMob car rental and Usage-Based Insurance as key long-term growth vectors.
