Badger Meter (BMI) Net Cash Flow (2010 - 2026)
Badger Meter's Net Cash Flow came in at -$109.35 million for Q2 2026, compared with $32.04 million a year earlier.
Badger Meter (BMI) Net Cash Flow (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Badger Meter reported Net Cash Flow of -$69.21 million; for FY2025, it came in at -$72.33 million.
- Going back by year, Net Cash Flow was $104.12 million in FY2024 (+96.8%), $52.9 million in FY2023 (+1.8%), $51.96 million in FY2022 (+233.5%) and $15.58 million in FY2021 (-33.9%).
- The Q2 2026 figure represents the lowest quarterly Net Cash Flow since Q1 2025.
- Year-over-year, Net Cash Flow increased in four of the last five quarters, with growth averaging 16.3%.
- The fastest year-over-year change in Net Cash Flow over five years came in Q2 2024 (growth of 98.4%), and the weakest in Q4 2025 (a decline of 35.8%).
- Business Quant data shows BMI's Net Cash Flow at -$20.32 million (Q1 2026), $24.03 million (Q4 2025) and $36.43 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 78.59 Bn | 70.36 Bn | 1.95 Bn | 4.61 Bn |
| 2 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn | 467.00 Mn |
| 3 | Veralto | 23.49 Bn | 16.14 Bn | 902.00 Mn | 692.00 Mn |
| 4 | Badger Meter | 3.66 Bn | 2.93 Bn | 90.77 Mn | -109.35 Mn |
| 5 | Ceco Environmental | 3.13 Bn | 2.96 Bn | 86.47 Mn | 19.93 Mn |
| 6 | NWPX Infrastructure | 993.98 Mn | 955.45 Mn | 34.36 Mn | 5.06 Mn |
| 7 | Energy Recovery | 343.89 Mn | 19.06 Mn | 8.96 Mn | 11.33 Mn |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 296.32 Mn | 175.95 Mn | - | 10.32 Mn |
| 10 | LanzaTech Global | 77.75 Mn | -37.39 Mn | 1.91 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -109.35 Mn |
| Mar 31, 2026 | -20.32 Mn |
| Dec 31, 2025 | 24.03 Mn |
| Sep 30, 2025 | 36.43 Mn |
| Jun 30, 2025 | 32.04 Mn |
| Mar 31, 2025 | -164.83 Mn |
| Dec 31, 2024 | 37.41 Mn |
| Sep 30, 2024 | 31.97 Mn |
| Jun 30, 2024 | 26.67 Mn |
| Mar 31, 2024 | 8.07 Mn |
| Dec 31, 2023 | 27.97 Mn |
| Sep 30, 2023 | 21.41 Mn |
| Jun 30, 2023 | 13.44 Mn |
| Mar 31, 2023 | -9.92 Mn |
| Dec 31, 2022 | 22.56 Mn |
| Sep 30, 2022 | 15.40 Mn |
| Jun 30, 2022 | 11.76 Mn |
| Mar 31, 2022 | 2.24 Mn |
| Dec 31, 2021 | 20.34 Mn |
| Sep 30, 2021 | 9.58 Mn |
Badger Meter Net Cash Flow 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=net-cash-flow&ticker=BMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();