Growth Metrics

Badger Meter (BMI) Gross Margin (2016 - 2026)

Badger Meter (BMI) has disclosed Gross Margin for 17 consecutive years, with 41.69% as the latest value for Q1 2026.

  • For Q1 2026, Gross Margin fell 126.0% year-over-year to 41.69%; the TTM value through Mar 2026 reached 41.37%, up 61.0%, while the annual FY2025 figure was 41.68%, 185.0% up from the prior year.
  • Gross Margin was 41.69% for Q1 2026 at Badger Meter, down from 42.13% in the prior quarter.
  • The five-year high for Gross Margin was 42.95% in Q1 2025, with the low at 38.31% in Q1 2022.
  • Historically, Gross Margin has averaged 40.03% across 5 years, with a median of 39.48% in 2023.
  • The largest annual shift saw Gross Margin crashed -358bps in 2022 before it soared 363bps in 2025.
  • Over 5 years, Gross Margin stood at 38.67% in 2022, then increased by 1bps to 39.17% in 2023, then rose by 3bps to 40.33% in 2024, then rose by 4bps to 42.13% in 2025, then decreased by -1bps to 41.69% in 2026.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 41.69% in Q1 2026, 42.13% in Q4 2025, and 40.67% in Q3 2025.