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

Badger Meter has disclosed Cost of Revenue across 17 years of filings, most recently posting $118.0 million for Q1 2026.

• In Q1 2026, Cost of Revenue fell 6.96% year-over-year to $118.0 million; the TTM figure through Mar 2026 stood at $525.8 million (up 4.1% YoY), while the FY2025 annual figure was $534.6 million, up 7.48% from the prior year.
• Cost of Revenue declined to $118.0 million in Q1 2026, from $127.7 million in the prior quarter.
• Over the last five years, Cost of Revenue for BMI reached as high as $140.3 million in Q2 2025 and fell as low as $81.7 million in Q1 2022.
• The 5-year median for Cost of Revenue is $118.0 million (2026), against an average of $113.1 million.
• Annual changes were most pronounced in 2023 — Cost of Revenue climbed 28.11% — and 2026, when it fell 6.96%.
• 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.
• According to Business Quant data, Cost of Revenue over the past three periods registered $118.0 million, $127.7 million, and $139.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.