Badger Meter (BMI) Operating Expenses (2010 - 2026)

Badger Meter (BMI) has 17 years of Operating Expenses data on file, last reported at $49.2 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $49.2 million, up 6.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $201.8 million (up 14.23% YoY), and the FY2025 annual result was $198.6 million, up 16.0% from the prior year.
• Operating Expenses eased to $49.2 million in Q1 2026 per BMI's latest filing, 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.
• A 5-year average of $41.8 million and a median of $41.3 million in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses grew 0.78% in 2022, then climbed 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 gained by 10.54% to $43.5 million in 2024, then rose by 14.7% to $49.9 million in 2025, then slipped by 1.57% to $49.2 million in 2026.
• Business Quant data shows BMI's Operating Expenses at $49.2 million in Q1 2026, $49.9 million in Q4 2025, and $49.8 million in Q3 2025.