Ituran Location and Control (NASDAQ:ITRN) reported record-breaking financial results for the full year 2025, characterized by strong subscriber growth and peak levels of revenue and profitability.
For the fiscal year ended Dec. 31, 2025, the Azour, Israel-based telematics provider posted record revenue of $359 million, a 7% increase over the previous year.
The growth was supported by a 9% rise in its global subscriber base, which reached 2,630,000 following the net addition of 221,000 subscribers throughout the year.
Full-year EBITDA climbed to $96.2 million, while net income attributable to shareholders rose to $58 million.
The fourth quarter was particularly robust, with revenue reaching $93.5 million, up 13% year-over-year.
Net income for the quarter stood at $15.3 million.
Highlighting its strong cash generation, Ituran reported record annual operating cash flow of $88.6 million, ending the year with $107.6 million in net cash and marketable securities.
In light of these record results, Ituran’s board declared a total fourth-quarter dividend of $30 million—comprising its standard $10 million quarterly payout plus a $20 million special dividend.