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

Badger Meter (BMI) reported Operating Income of $35.2 million for Q1 2026, down 28.84% year-over-year from $49.4 million in Q1 2025, and up 134.91% quarter-over-quarter from -$100.8 million in Q4 2025.

Badger Meter (BMI) Operating Income (2010 - 2026) Analysis & Trends

Badger Meter (BMI) has 17 years of Operating Income data on file, last reported at $35.2 million in Q1 2026.

  • Operating Income for Q1 2026 came in at $35.2 million, down 28.84% year-over-year; the trailing twelve-month figure through Mar 2026 was $25.4 million (down 85.15% YoY), and the FY2025 annual result was $39.6 million, down 74.92% from the prior year.
  • Operating Income climbed to $35.2 million in Q1 2026 per BMI's latest filing, from -$100.8 million in the prior quarter.
  • Over five years, Operating Income peaked at $49.4 million in Q1 2025 and troughed at -$100.8 million in Q4 2025.
  • A 5-year average of $25.8 million and a median of $32.1 million in 2023 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2022 and 2025: Operating Income soared 157.11% in 2022, then tumbled 356.87% in 2025.
  • A 5-year view of Operating Income shows it stood at $22.5 million in 2022, then jumped by 42.74% to $32.1 million in 2023, then gained by 22.27% to $39.2 million in 2024, then plunged by 356.87% to -$100.8 million in 2025, then jumped by 134.91% to $35.2 million in 2026.
  • Business Quant data shows BMI's Operating Income at $35.2 million in Q1 2026, -$100.8 million in Q4 2025, and $46.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn -941.35 Mn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 248.00 Mn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 431.67 Mn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 294.20 Mn
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 149.00 Mn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 191.70 Mn
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 144.00 Mn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 59.87 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 22.49 Mn
10 Badger Meter 3.81 Bn 3.60 Bn 84.33 Mn 35.17 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 35.17 Mn
Dec 31, 2025 -100.75 Mn
Sep 30, 2025 46.08 Mn
Jun 30, 2025 44.86 Mn
Mar 31, 2025 49.43 Mn
Dec 31, 2024 39.22 Mn
Sep 30, 2024 40.62 Mn
Jun 30, 2024 41.51 Mn
Mar 31, 2024 36.58 Mn
Dec 31, 2023 32.08 Mn
Sep 30, 2023 31.42 Mn
Jun 30, 2023 29.50 Mn
Mar 31, 2023 25.05 Mn
Dec 31, 2022 22.47 Mn
Sep 30, 2022 23.87 Mn
Jun 30, 2022 22.09 Mn
Mar 31, 2022 18.86 Mn
Dec 31, 2021 -39.35 Mn
Sep 30, 2021 19.44 Mn
Jun 30, 2021 18.68 Mn