Badger Meter (BMI) Consolidated Net Income (2010 - 2026)
Badger Meter's Consolidated Net Income was $29.72 million in Q2 2026, down 14.1% from $34.58 million a year earlier but up 8.7% from the prior quarter.
Badger Meter (BMI) Consolidated Net Income (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Badger Meter's Consolidated Net Income was $125.71 million through Jun 30, 2026, down 7.4% year-over-year; for FY2025, it came in at $141.63 million, up 13.4% from FY2024.
- Consolidated Net Income has now increased for seven consecutive years, with a five-year compound annual growth rate of 23.5% (FY2020 to FY2025).
- In earlier years, Consolidated Net Income was $124.94 million in FY2024 (+34.9%), $92.6 million in FY2023 (+39.3%), $66.5 million in FY2022 (+9.2%) and $60.88 million in FY2021 (+23.4%).
- Quarterly Consolidated Net Income has moved between $14.36 million (Q1 2022) and $38.4 million (Q1 2025) over five years.
- Compared with a year earlier, Consolidated Net Income was higher in six of the last eight quarters, with growth averaging 7.5%.
- The best year-over-year quarter for Consolidated Net Income over five years was Q1 2024 (growth of 50.0%); the worst was Q1 2026 (a decline of 28.8%).
- Per Business Quant data, BMI's Consolidated Net Income in the three quarters before Q2 2026 was $27.34 million (Q1 2026), $33.58 million (Q4 2025) and $35.08 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 76.01 Bn | 67.78 Bn | 1.95 Bn | 538.70 Mn |
| 2 | Xylem | 23.56 Bn | 19.05 Bn | 963.00 Mn | 261.00 Mn |
| 3 | Veralto | 23.10 Bn | 15.75 Bn | 902.00 Mn | 241.00 Mn |
| 4 | Badger Meter | 3.72 Bn | 2.99 Bn | 90.77 Mn | 29.72 Mn |
| 5 | Ceco Environmental | 3.11 Bn | 2.95 Bn | 86.47 Mn | -34.49 Mn |
| 6 | NWPX Infrastructure | 1.01 Bn | 971.46 Mn | 34.36 Mn | 15.83 Mn |
| 7 | Energy Recovery | 342.87 Mn | 18.03 Mn | 8.96 Mn | -3.20 Mn |
| 8 | Cadiz | 311.40 Mn | 279.84 Mn | -24,000.00 | -11.37 Mn |
| 9 | AirJoule Technologies | 290.46 Mn | 170.08 Mn | - | -8.53 Mn |
| 10 | LanzaTech Global | 72.38 Mn | -42.75 Mn | 1.91 Mn | -9.87 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.72 Mn |
| Mar 31, 2026 | 27.34 Mn |
| Dec 31, 2025 | 33.58 Mn |
| Sep 30, 2025 | 35.08 Mn |
| Jun 30, 2025 | 34.58 Mn |
| Mar 31, 2025 | 38.40 Mn |
| Dec 31, 2024 | 30.72 Mn |
| Sep 30, 2024 | 32.04 Mn |
| Jun 30, 2024 | 33.06 Mn |
| Mar 31, 2024 | 29.13 Mn |
| Dec 31, 2023 | 24.72 Mn |
| Sep 30, 2023 | 25.97 Mn |
| Jun 30, 2023 | 22.49 Mn |
| Mar 31, 2023 | 19.42 Mn |
| Dec 31, 2022 | 17.54 Mn |
| Sep 30, 2022 | 17.93 Mn |
| Jun 30, 2022 | 16.66 Mn |
| Mar 31, 2022 | 14.36 Mn |
| Dec 31, 2021 | 17.28 Mn |
| Sep 30, 2021 | 15.86 Mn |
Badger Meter Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=BMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "BMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();