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

Badger Meter has disclosed Operating Expenses across 17 years of filings, most recently posting $49.2 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 6.83% year-over-year to $49.2 million; the TTM figure through Mar 2026 stood at $201.8 million (up 14.23% YoY), while the FY2025 annual figure was $198.6 million, up 16.0% from the prior year.
• Operating Expenses fell to $49.2 million in Q1 2026, from $49.9 million in the prior quarter.
• Over the last five years, Operating Expenses for BMI reached as high as $52.9 million in Q2 2025 and fell as low as $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.
• Annual changes were most pronounced in 2022 — Operating Expenses grew 0.78% — and 2023, when it climbed 22.73%.
• 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.
• According to Business Quant data, Operating Expenses over the past three periods registered $49.2 million, $49.9 million, and $49.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.