Badger Meter (BMI) Gross Profit (2010 - 2026)
Badger Meter's Gross Profit was $98.85 million in Q3 2026, up 3.1% from $95.84 million a year earlier and up 8.9% from the prior quarter.
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Analysis
Badger Meter (BMI) Gross Profit (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Badger Meter's Gross Profit was $366.94 million through Sep 30, 2026, down 1.3% year-over-year; for FY2025, it came in at $382.07 million, up 16.1% from FY2024.
- Gross Profit has now increased for 12 consecutive years, with a five-year compound annual growth rate of 17.8% (FY2020 to FY2025).
- In earlier years, Gross Profit was $329.18 million in FY2024 (+19.1%), $276.44 million in FY2023 (+25.7%), $219.97 million in FY2022 (+7.0%) and $205.48 million in FY2021 (+22.1%).
- The Q3 2026 figure marks the highest quarterly Gross Profit in data going back to Q2 2010.
- Compared with a year earlier, Gross Profit was higher in six of the last eight quarters, with growth averaging 8.1%.
- The best year-over-year quarter for Gross Profit over five years was Q2 2023 (growth of 26.8%); the worst was Q1 2026 (a decline of 11.6%).
- Per Business Quant data, BMI's Gross Profit in the three quarters before Q3 2026 was $90.77 million (Q2 2026), $84.33 million (Q1 2026) and $92.99 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 85.97 Bn | 78.95 Bn | 2.07 Bn |
| 2 | Veralto | 28.80 Bn | 21.43 Bn | 908.00 Mn |
| 3 | Xylem | 23.13 Bn | 18.86 Bn | 907.00 Mn |
| 4 | Badger Meter | 4.57 Bn | 3.97 Bn | 98.85 Mn |
| 5 | Ceco Environmental | 2.30 Bn | 2.12 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 882.96 Mn | 841.04 Mn | 38.19 Mn |
| 7 | Energy Recovery | 374.69 Mn | 37.14 Mn | 4.20 Mn |
| 8 | Cadiz | 320.18 Mn | 285.30 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 179.57 Mn | 59.19 Mn | - |
| 10 | LanzaTech Global | 58.06 Mn | -39.57 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 98.85 Mn |
| Jun 30, 2026 | 90.77 Mn |
| Mar 31, 2026 | 84.33 Mn |
| Dec 31, 2025 | 92.99 Mn |
| Sep 30, 2025 | 95.84 Mn |
| Jun 30, 2025 | 97.81 Mn |
| Mar 31, 2025 | 95.44 Mn |
| Dec 31, 2024 | 82.76 Mn |
| Sep 30, 2024 | 83.88 Mn |
| Jun 30, 2024 | 85.37 Mn |
| Mar 31, 2024 | 77.18 Mn |
| Dec 31, 2023 | 71.47 Mn |
| Sep 30, 2023 | 72.72 Mn |
| Jun 30, 2023 | 69.43 Mn |
| Mar 31, 2023 | 62.82 Mn |
| Dec 31, 2022 | 56.97 Mn |
| Sep 30, 2022 | 57.52 Mn |
| Jun 30, 2022 | 54.76 Mn |
| Mar 31, 2022 | 50.72 Mn |
| Dec 31, 2021 | 54.84 Mn |
API Access
Badger Meter Gross Profit 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=gross-profit&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();