Badger Meter (BMI) Net Income (2010 - 2026)
Badger Meter (BMI) posted quarterly Net Income of $29.7 million for Q2 2026, down 14.06% year-over-year from $34.6 million in Q2 2025, and up 8.73% quarter-over-quarter from $27.3 million in Q1 2026.
Badger Meter (BMI) Net Income (2010 - 2026) Analysis & Trends
Badger Meter (BMI) has reported Net Income for 17 consecutive years, with $29.7 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Income fell 14.06% year-over-year to $29.7 million; the TTM figure through Jun 2026 stood at $125.7 million (down 9.46% YoY), while the FY2025 annual figure was $141.6 million, up 10.61% from the prior year.
- Net Income climbed to $29.7 million in Q2 2026 per BMI's latest filing, from $27.3 million in the prior quarter.
- Across five years, Net Income topped out at $38.4 million in Q1 2025 and bottomed at $14.4 million in Q1 2022.
- Historically, Net Income has averaged $27.0 million across 5 years, with a median of $28.2 million in 2024.
- Annual changes were most pronounced in 2024 — Net Income soared 50.04% — and 2026, when it fell 28.81%.
- Badger Meter's Net Income stood at $17.5 million in 2022, then surged by 39.46% to $24.5 million in 2023, then surged by 38.29% to $33.8 million in 2024, then slipped by 0.74% to $33.6 million in 2025, then decreased by 11.48% to $29.7 million in 2026.
- Business Quant data shows BMI's Net Income at $29.7 million in Q2 2026, $27.3 million in Q1 2026, and $33.6 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.92 Bn | 54.26 Bn | 1.26 Bn | 541.92 Mn |
| 2 | Keysight Technologies | 54.10 Bn | 51.69 Bn | 1.18 Bn | 349.00 Mn |
| 3 | Coherent | 51.05 Bn | 49.06 Bn | 787.08 Mn | 236.20 Mn |
| 4 | Teledyne Technologies | 29.36 Bn | 29.02 Bn | 738.10 Mn | 251.70 Mn |
| 5 | Mks | 18.82 Bn | 18.21 Bn | 595.00 Mn | 175.00 Mn |
| 6 | Fortive | 18.26 Bn | 17.88 Bn | 695.30 Mn | 157.30 Mn |
| 7 | Trimble | 14.03 Bn | 13.82 Bn | 674.90 Mn | -471.70 Mn |
| 8 | Cognex | 10.10 Bn | 9.69 Bn | 205.77 Mn | 72.76 Mn |
| 9 | Esco Technologies | 7.48 Bn | 7.40 Bn | 141.52 Mn | 32.74 Mn |
| 10 | Badger Meter | 3.84 Bn | 3.74 Bn | 90.77 Mn | 29.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.72 Mn |
| Mar 31, 2026 | 27.34 Mn |
| Dec 31, 2025 | 33.58 Mn |
| Sep 30, 2025 | 35.08 Mn |
| Jun 30, 2025 | 34.58 Mn |
| Mar 31, 2025 | 38.40 Mn |
| Dec 31, 2024 | 33.83 Mn |
| Sep 30, 2024 | 32.04 Mn |
| Jun 30, 2024 | 33.06 Mn |
| Mar 31, 2024 | 29.13 Mn |
| Dec 31, 2023 | 24.46 Mn |
| Sep 30, 2023 | 25.97 Mn |
| Jun 30, 2023 | 22.49 Mn |
| Mar 31, 2023 | 19.42 Mn |
| Dec 31, 2022 | 17.54 Mn |
| Sep 30, 2022 | 17.93 Mn |
| Jun 30, 2022 | 16.66 Mn |
| Mar 31, 2022 | 14.36 Mn |
| Dec 31, 2021 | 17.28 Mn |
| Sep 30, 2021 | 15.86 Mn |