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

Badger Meter (BMI) posted quarterly Operating Income of $35.2 million for Q1 2026, down 28.84% YoY from $49.4 million in Q1 2025, and up 134.91% sequentially from -$100.8 million in Q4 2025.

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

Badger Meter has disclosed Operating Income across 17 years of filings, most recently posting $35.2 million for Q1 2026.

  • In Q1 2026, Operating Income fell 28.84% year-over-year to $35.2 million; the TTM figure through Mar 2026 stood at $25.4 million (down 85.15% YoY), while the FY2025 annual figure was $39.6 million, down 74.92% from the prior year.
  • Operating Income rose to $35.2 million in Q1 2026, from -$100.8 million in the prior quarter.
  • Over the last five years, Operating Income for BMI reached as high as $49.4 million in Q1 2025 and fell as low as -$100.8 million in Q4 2025.
  • The 5-year median for Operating Income is $32.1 million (2023), against an average of $25.8 million.
  • Annual changes were most pronounced in 2022 — Operating Income soared 157.11% — and 2025, when it sank 356.87%.
  • 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 slumped by 356.87% to -$100.8 million in 2025, then jumped by 134.91% to $35.2 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered $35.2 million, -$100.8 million, and $46.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn -941.35 Mn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 27.54 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 248.00 Mn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 294.20 Mn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 191.70 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 144.00 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 59.87 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 141.60 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 431.67 Mn
10 Badger Meter 4.28 Bn 4.07 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