Badger Meter (BMI) Finished Goods (2010 - 2026)
Badger Meter (BMI) posted Finished Goods of $18.93 million for Q2 2026, down 22.7% from $24.5 million a year earlier and down 24.2% from the prior quarter.
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Analysis
Badger Meter (BMI) Finished Goods (2010 - 2026) Analysis & Trends
At the end of FY2025, Badger Meter's Finished Goods came in at $23.09 million, down 3.9% from FY2024.
- Annual Finished Goods shows a five-year compound annual growth rate of -1.5% (FY2020 to FY2025).
- In prior years, Badger Meter's Finished Goods was $24.02 million in FY2024 (-30.9%), $34.76 million in FY2023 (+10.9%), $31.35 million in FY2022 (+20.6%) and $25.99 million in FY2021 (+4.5%).
- The Q2 2026 figure stands as the lowest quarterly Finished Goods since Q2 2017.
- On a year-over-year basis, Finished Goods increased in two of the last eight quarters, with an average decline of 18.6%.
- The strongest year-over-year quarter for Finished Goods in the past five years was Q2 2023, with growth of 48.0%; the weakest was Q1 2025, with a decline of 38.1%.
- According to Business Quant data, Finished Goods for the three prior quarters was $24.97 million (Q1 2026), $23.09 million (Q4 2025) and $26.18 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 78.59 Bn | 70.36 Bn | 1.95 Bn |
| 2 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn |
| 3 | Veralto | 23.49 Bn | 16.14 Bn | 902.00 Mn |
| 4 | Badger Meter | 3.66 Bn | 2.93 Bn | 90.77 Mn |
| 5 | Ceco Environmental | 3.13 Bn | 2.96 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 993.98 Mn | 955.45 Mn | 34.36 Mn |
| 7 | Energy Recovery | 343.89 Mn | 19.06 Mn | 8.96 Mn |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 296.32 Mn | 175.95 Mn | - |
| 10 | LanzaTech Global | 77.75 Mn | -37.39 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.93 Mn |
| Mar 31, 2026 | 24.97 Mn |
| Dec 31, 2025 | 23.09 Mn |
| Sep 30, 2025 | 26.18 Mn |
| Jun 30, 2025 | 24.50 Mn |
| Mar 31, 2025 | 23.15 Mn |
| Dec 31, 2024 | 24.02 Mn |
| Sep 30, 2024 | 35.73 Mn |
| Jun 30, 2024 | 38.87 Mn |
| Mar 31, 2024 | 37.41 Mn |
| Dec 31, 2023 | 34.76 Mn |
| Sep 30, 2023 | 34.91 Mn |
| Jun 30, 2023 | 31.22 Mn |
| Mar 31, 2023 | 28.43 Mn |
| Dec 31, 2022 | 31.35 Mn |
| Sep 30, 2022 | 23.78 Mn |
| Jun 30, 2022 | 21.09 Mn |
| Mar 31, 2022 | 25.76 Mn |
| Dec 31, 2021 | 25.99 Mn |
| Sep 30, 2021 | 25.12 Mn |
API Access
Badger Meter Finished Goods 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=finished-goods&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "finished-goods", "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=finished-goods&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();