Ituran (ITRN) Q2 2026 Earnings Call Transcript

Ituran (ITRN) reported strong results for Q2 2026 during an Aug. 12, 2026 earnings call. Revenue reached $104.8 million, up 21% year over year, driven by record performance in both subscription and product segments. Subscription revenue was $79.8 million (+25% YoY) and represented 76% of total revenue, while product revenue rose 8% to $25.0 million. Net income increased 29% to $17.3 million, and diluted EPS climbed to $0.88 from $0.68. The company ended June 2026 with 2,711,000 subscribers (+163,000 YoY) and added 41,000 net new subscribers in the quarter. Operating cash flow was $32.2 million.