Badger Meter (BMI) EBT (2010 - 2026)
Badger Meter (BMI) posted quarterly EBT of $39.7 million for Q2 2026, down 13.24% year-over-year from $45.8 million in Q2 2025, and up 9.32% quarter-over-quarter from $36.3 million in Q1 2026.
Badger Meter (BMI) EBT (2010 - 2026) Analysis & Trends
Badger Meter (BMI) has reported EBT for 17 consecutive years, with $39.7 million the latest figure, recorded in Q2 2026.
- In Q2 2026, EBT fell 13.24% year-over-year to $39.7 million; the TTM figure through Jun 2026 stood at $168.1 million (down 8.98% YoY), while the FY2025 annual figure was $188.7 million, up 11.23% from the prior year.
- EBT grew to $39.7 million in Q2 2026 per BMI's latest filing, from $36.3 million in the prior quarter.
- Across five years, EBT topped out at $50.8 million in Q1 2025 and bottomed at $18.8 million in Q1 2022.
- Historically, EBT has averaged $35.8 million across 5 years, with a median of $37.2 million in 2024.
- Annual changes were most pronounced in 2024 — EBT jumped 48.59% — and 2026, when it slipped 28.45%.
- Badger Meter's EBT stood at $22.9 million in 2022, then jumped by 46.0% to $33.4 million in 2023, then surged by 35.28% to $45.2 million in 2024, then decreased by 1.33% to $44.6 million in 2025, then dropped by 11.02% to $39.7 million in 2026.
- Business Quant data shows BMI's EBT at $39.7 million in Q2 2026, $36.3 million in Q1 2026, and $44.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 651.06 Mn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 418.00 Mn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 278.51 Mn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 321.30 Mn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 213.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 179.50 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | -444.80 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 89.30 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 40.95 Mn |
| 10 | Badger Meter | 3.74 Bn | 3.64 Bn | 90.77 Mn | 39.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 39.72 Mn |
| Mar 31, 2026 | 36.34 Mn |
| Dec 31, 2025 | 44.64 Mn |
| Sep 30, 2025 | 47.44 Mn |
| Jun 30, 2025 | 45.79 Mn |
| Mar 31, 2025 | 50.79 Mn |
| Dec 31, 2024 | 45.24 Mn |
| Sep 30, 2024 | 42.91 Mn |
| Jun 30, 2024 | 43.36 Mn |
| Mar 31, 2024 | 38.09 Mn |
| Dec 31, 2023 | 33.44 Mn |
| Sep 30, 2023 | 32.59 Mn |
| Jun 30, 2023 | 30.30 Mn |
| Mar 31, 2023 | 25.64 Mn |
| Dec 31, 2022 | 22.91 Mn |
| Sep 30, 2022 | 23.95 Mn |
| Jun 30, 2022 | 22.05 Mn |
| Mar 31, 2022 | 18.82 Mn |
| Dec 31, 2021 | 22.88 Mn |
| Sep 30, 2021 | 19.40 Mn |