Badger Meter (BMI) Cost of Revenue (2010 - 2026)

Badger Meter (BMI) has 17 years of Cost of Revenue data on file, last reported at $118.0 million in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $118.0 million, down 6.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $525.8 million (up 4.1% YoY), and the FY2025 annual result was $534.6 million, up 7.48% from the prior year.
• Cost of Revenue slipped to $118.0 million in Q1 2026 per BMI's latest filing, from $127.7 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $140.3 million in Q2 2025 and troughed at $81.7 million in Q1 2022.
• A 5-year average of $113.1 million and a median of $118.0 million in 2026 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2023 and 2026: Cost of Revenue climbed 28.11% in 2023, then fell 6.96% in 2026.
• A 5-year view of Cost of Revenue shows it stood at $90.4 million in 2022, then grew by 22.82% to $111.0 million in 2023, then advanced by 10.31% to $122.4 million in 2024, then climbed by 4.33% to $127.7 million in 2025, then fell by 7.65% to $118.0 million in 2026.
• Business Quant data shows BMI's Cost of Revenue at $118.0 million in Q1 2026, $127.7 million in Q4 2025, and $139.8 million in Q3 2025.