Growth Metrics

Badger Meter (BMI) Operating Expenses (2016 - 2026)

Badger Meter has reported Operating Expenses over the past 17 years, most recently at $49.2 million for Q1 2026.

  • Quarterly Operating Expenses rose 6.83% to $49.2 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $201.8 million through Mar 2026, up 14.23% year-over-year, with the annual reading at $198.6 million for FY2025, 16.0% up from the prior year.
  • Operating Expenses was $49.2 million for Q1 2026 at Badger Meter, down from $49.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $52.9 million in Q2 2025 and troughed at $31.9 million in Q1 2022.
  • The 5-year median for Operating Expenses is $41.3 million (2023), against an average of $41.8 million.
  • Year-over-year, Operating Expenses grew 0.78% in 2022 and then rose 22.73% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $34.5 million in 2022, then grew by 14.19% to $39.4 million in 2023, then grew by 10.54% to $43.5 million in 2024, then rose by 14.7% to $49.9 million in 2025, then fell by 1.57% to $49.2 million in 2026.
  • Per Business Quant, the three most recent readings for BMI's Operating Expenses are $49.2 million (Q1 2026), $49.9 million (Q4 2025), and $49.8 million (Q3 2025).