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Badger Meter (BMI) Cost of Revenue (2016 - 2025)

Badger Meter (BMI) has disclosed Cost of Revenue for 14 consecutive years, with $127.7 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 4.33% to $127.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was $534.6 million, a 7.48% increase, with the full-year FY2025 number at $534.6 million, up 7.48% from a year prior.
  • Cost of Revenue was $127.7 million for Q4 2025 at Badger Meter, down from $139.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $140.3 million in Q2 2025 to a low of $68.5 million in Q1 2021.
  • A 5-year average of $105.2 million and a median of $108.7 million in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: soared 31.66% in 2021, then grew 4.33% in 2025.
  • Badger Meter's Cost of Revenue stood at $80.9 million in 2021, then increased by 11.67% to $90.4 million in 2022, then increased by 22.82% to $111.0 million in 2023, then rose by 10.31% to $122.4 million in 2024, then grew by 4.33% to $127.7 million in 2025.
  • Per Business Quant, the three most recent readings for BMI's Cost of Revenue are $127.7 million (Q4 2025), $139.8 million (Q3 2025), and $140.3 million (Q2 2025).