Badger Meter (BMI) Gross Margin (2010 - 2026)

Badger Meter (BMI) has 17 years of Gross Margin data on file, last reported at 41.69% in Q1 2026.

• Gross Margin for Q1 2026 came in at 41.69%, down 126.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 41.37% (up 61.0% YoY), and the FY2025 annual result was 41.68%, up 185.0% from the prior year.
• Gross Margin slipped to 41.69% in Q1 2026 per BMI's latest filing, 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.
• A 5-year average of 40.03% and a median of 39.48% in 2023 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2022 and 2025: Gross Margin sank 358 bps in 2022, then jumped 363 bps in 2025.
• A 5-year view of Gross Margin shows it stood at 38.67% in 2022, then rose by 1 bps to 39.17% in 2023, then gained by 3 bps to 40.33% in 2024, then grew by 4 bps to 42.13% in 2025, then slipped by 1 bps to 41.69% in 2026.
• Business Quant data shows BMI's Gross Margin at 41.69% in Q1 2026, 42.13% in Q4 2025, and 40.67% in Q3 2025.