Badger Meter (BMI) Net Income (2010 - 2026)
Badger Meter (BMI) reported Net Income of $27.3 million for Q1 2026, down 28.81% year-over-year from $38.4 million in Q1 2025, and down 38.47% quarter-over-quarter from $44.4 million in Q4 2025.
Badger Meter (BMI) Net Income (2010 - 2026) Analysis & Trends
Badger Meter (BMI) has 17 years of Net Income data on file, last reported at $27.3 million in Q1 2026.
- Net Income for Q1 2026 came in at $27.3 million, down 28.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $141.4 million (up 503.57% YoY), and the FY2025 annual result was $152.5 million, up 444.13% from the prior year.
- Net Income eased to $27.3 million in Q1 2026 per BMI's latest filing, from $44.4 million in the prior quarter.
- Over five years, Net Income peaked at $44.4 million in Q4 2025 and troughed at -$138.5 million in Q4 2024.
- A 5-year average of $11.9 million and a median of $26.0 million in 2023 frame the typical range for Net Income.
- The sharpest annual moves came in 2023 and 2025: Net Income plunged 485.07% in 2023, then surged 132.07% in 2025.
- A 5-year view of Net Income shows it stood at $17.5 million in 2022, then sank by 485.07% to -$67.5 million in 2023, then tumbled by 105.12% to -$138.5 million in 2024, then surged by 132.07% to $44.4 million in 2025, then slumped by 38.47% to $27.3 million in 2026.
- Business Quant data shows BMI's Net Income at $27.3 million in Q1 2026, $44.4 million in Q4 2025, and $35.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 181.67 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 281.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 405.08 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 226.80 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 84.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | - |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 98.90 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 51.70 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 1.18 Mn |
| 10 | Badger Meter | 3.81 Bn | 3.60 Bn | 84.33 Mn | 27.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.34 Mn |
| Dec 31, 2025 | 44.42 Mn |
| Sep 30, 2025 | 35.08 Mn |
| Jun 30, 2025 | 34.58 Mn |
| Mar 31, 2025 | 38.40 Mn |
| Dec 31, 2024 | -138.53 Mn |
| Sep 30, 2024 | 32.04 Mn |
| Jun 30, 2024 | 33.06 Mn |
| Mar 31, 2024 | 29.13 Mn |
| Dec 31, 2023 | -67.54 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 | 13.16 Mn |
| Sep 30, 2021 | 15.86 Mn |
| Jun 30, 2021 | 13.97 Mn |