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

Badger Meter has disclosed Gross Margin across 17 years of filings, most recently posting 41.69% for Q1 2026.

• In Q1 2026, Gross Margin fell 126.0% year-over-year to 41.69%; the TTM figure through Mar 2026 stood at 41.37% (up 61.0% YoY), while the FY2025 annual figure was 41.68%, up 185.0% from the prior year.
• Gross Margin declined to 41.69% in Q1 2026, from 42.13% in the prior quarter.
• Over the last five years, Gross Margin for BMI reached as high as 42.95% in Q1 2025 and fell as low as 38.31% in Q1 2022.
• The 5-year median for Gross Margin is 39.48% (2023), against an average of 40.03%.
• Annual changes were most pronounced in 2022 — Gross Margin tumbled 358 bps — and 2025, when it jumped 363 bps.
• 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.
• According to Business Quant data, Gross Margin over the past three periods registered 41.69%, 42.13%, and 40.67% for Q1 2026, Q4 2025, and Q3 2025 respectively.