Ituran Location and Control Ltd. reported Q3 2025 earnings on November 18, 2025, posting revenue of $92.3 million, up 11% from $83.5 million in Q3 2024. Diluted earnings per share were $0.74, slightly below the consensus estimate of $0.75, while net income rose 7% to $14.6 million. The company added 40,000 net new subscribers, bringing the total to more than 2.5 million, a 219,000‑person increase year‑over‑year.
Revenue beat expectations by $3.41 million, driven by a 40% jump in subscription‑based revenue and the launch of the IturanMOB smart‑mobility solution in the United States. The company’s geographic mix—55% of revenue from Israel, 23% from Brazil, and 22% from other markets—also helped cushion regional demand swings and supported the top‑line growth.
EPS fell short of estimates by $0.01, a narrow miss that analysts attribute to modest cost inflation and a one‑time restructuring charge. Despite the slight miss, the company’s operating margin remained stable, indicating that cost controls were largely effective in offsetting the higher expense load.
Management reiterated its 2025 subscriber‑growth target of 220,000‑240,000 net additions, underscoring confidence in the continued demand for its connected‑car and telematics services. The guidance reflects the company’s belief that the new IturanMOB platform and the partnership with BMW Motorrad in Brazil will accelerate adoption in shared‑mobility and motorcycle segments.
Ituran reported a strong net cash balance of $93.1 million as of September 30, 2025, and declared a quarterly dividend of $0.50 per share, totaling $10 million. The robust cash position and dividend policy signal the company’s commitment to returning value to shareholders while maintaining the financial flexibility needed for future growth initiatives.
Co‑CEO Eyal Sheratzky said, “The third quarter marked a strong quarter for Ituran, with subscription revenue growth and a solid subscriber base expansion. We are very happy with the results, which were strong across all key parameters, and we continue to grow driven by our long‑term efforts and success in bringing new value‑adding telematics and connected‑car products and services.”
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