Growth Metrics

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

Badger Meter (BMI) has disclosed Operating Expenses for 17 consecutive years, with $49.2 million as the latest value for Q1 2026.

  • For Q1 2026, Operating Expenses rose 6.83% year-over-year to $49.2 million; the TTM value through Mar 2026 reached $201.8 million, up 14.23%, while the annual FY2025 figure was $198.6 million, 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.
  • The five-year high for Operating Expenses was $52.9 million in Q2 2025, with the low at $31.9 million in Q1 2022.
  • Historically, Operating Expenses has averaged $41.8 million across 5 years, with a median of $41.3 million in 2023.
  • The largest annual shift saw Operating Expenses rose 0.78% in 2022 before it increased 22.73% in 2023.
  • Over 5 years, Operating Expenses stood at $34.5 million in 2022, then rose by 14.19% to $39.4 million in 2023, then rose by 10.54% to $43.5 million in 2024, then increased by 14.7% to $49.9 million in 2025, then decreased by 1.57% to $49.2 million in 2026.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $49.2 million in Q1 2026, $49.9 million in Q4 2025, and $49.8 million in Q3 2025.