Growth Metrics

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

Badger Meter has reported Gross Margin over the past 17 years, most recently at 41.69% for Q1 2026.

  • Quarterly Gross Margin fell 126.0% to 41.69% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 41.37% through Mar 2026, up 61.0% year-over-year, with the annual reading at 41.68% for FY2025, 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.
  • Over five years, Gross Margin peaked at 42.95% in Q1 2025 and troughed at 38.31% in Q1 2022.
  • The 5-year median for Gross Margin is 39.48% (2023), against an average of 40.03%.
  • Year-over-year, Gross Margin plummeted -358bps in 2022 and then skyrocketed 363bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 38.67% in 2022, then rose by 1bps to 39.17% in 2023, then grew by 3bps to 40.33% in 2024, then grew by 4bps to 42.13% in 2025, then fell by -1bps to 41.69% in 2026.
  • Per Business Quant, the three most recent readings for BMI's Gross Margin are 41.69% (Q1 2026), 42.13% (Q4 2025), and 40.67% (Q3 2025).