Badger Meter Inc

Technology · Scientific & Technical Instruments

127.80$ -0.5% vs. previous close Closing price · As of: Oct 2, 2026

Statements

Income Statement

Badger Meter Inc (BMI) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (Q2 26), "Revenue" came in at 222 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement BMI
Line item	Q3 16	Q4 16	Q1 17	Q2 17	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q1 19	Q2 19	Q3 19	Q4 19	Q1 20	Q2 20	Q3 20	Q4 20	Q1 21	Q2 21	Q3 21	Q4 21	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	LTM
Revenue	96	93	102	104	100	97	105	114	111	104	105	104	109	108	109	91	114	112	118	123	129	136	132	138	148	147	159	176	186	182	196	217	208	205	222	238	236	221	202	222	881
Cost of Revenue	58	60	63	63	63	58	68	72	67	64	64	63	67	66	65	55	69	68	68	73	78	81	82	83	90	90	96	106	113	111	119	131	125	122	127	140	140	128	118	132	517
Gross Profit	39	34	39	41	37	39	37	42	44	40	40	40	42	41	43	36	45	44	49	50	51	55	51	55	58	57	63	69	73	71	77	85	84	83	95	98	96	93	84	91	364
Research & Development	0.0	11	0.0	0.0	0.0	11	0.0	0.0	0.0	11	–	–	–	12	–	–	–	12	–	–	–	15	–	–	–	16	–	–	–	19	–	–	–	–	–	–	–	–	–	–	–
Selling, General & Administrative	25	24	25	24	25	26	27	33	40	25	26	25	25	25	27	23	26	27	32	31	32	32	32	33	34	35	38	40	41	39	41	44	43	44	46	53	50	50	49	51	200
Total Operating Expenses	25	24	25	24	25	26	27	33	40	25	26	25	25	25	27	23	26	27	32	31	32	32	32	33	34	35	38	40	41	39	41	44	43	44	46	53	50	50	49	51	200
Operating Income	14	9.1	13	17	12	13	10.0	16	16	15	14	15	16	16	16	13	20	17	18	19	19	23	19	22	24	22	25	30	31	32	37	42	41	39	49	45	46	43	35	39	164
Interest Expense	0.2	0.2	0.2	0.1	0.2	0.2	0.3	0.4	0.3	0.2	0.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.5	0.6	0.8	–	0.2	–	–	–	–	–	–	–	–	–	–	–
Pre-Tax Income	14	8.9	13	16	12	13	9.7	7.9	3.7	15	14	15	16	16	16	13	20	17	18	19	19	23	19	22	24	23	26	30	33	33	38	43	43	42	51	46	47	45	36	40	168
Income Tax Expense	4.9	2.8	4.5	5.8	4.2	5.7	2.2	1.8	0.8	3.3	3.3	3.6	3.6	3.9	4.1	3.1	4.7	3.8	3.9	4.7	3.5	5.6	4.5	5.4	6.0	5.4	6.2	7.8	6.6	8.7	9.0	10	11	11	12	11	12	11	9.0	10	42
Net Income	8.8	6.1	8.7	11	8.0	7.2	7.5	6.2	2.9	11	11	11	13	12	12	9.5	15	13	14	14	16	17	14	17	18	18	19	22	26	25	29	33	32	31	38	35	35	34	27	30	126
EBITDA	20	14	19	23	19	19	17	14	10.0	21	21	21	22	22	22	19	26	23	25	26	26	30	26	29	31	29	32	36	38	39	45	50	49	47	59	55	56	53	39	49	198

LTM = last twelve months (sum of the four most recent quarters).

Showing the most recent 40 periods — older statements are on file for this stock.

Data as of: October 2, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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