Badger Meter (BMI) Income After Tax (2010 - 2026)
Badger Meter (BMI) reported Income After Tax of $35.9 million for Q3 2026, up 2.4% from $35.08 million a year earlier and up 20.8% from the prior quarter.
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Analysis
Badger Meter (BMI) Income After Tax (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Badger Meter's Income After Tax came in at $126.53 million, down 8.8% year-over-year; for FY2025, it came in at $141.63 million, up 13.4% from FY2024.
- Income After Tax has increased for seven consecutive years, with a five-year compound annual growth rate of 23.5% (FY2020 to FY2025).
- By year, Income After Tax came in at $124.94 million in FY2024 (+34.9%), $92.6 million in FY2023 (+39.3%), $66.5 million in FY2022 (+9.2%) and $60.88 million in FY2021 (+23.4%).
- The Q3 2026 figure ranks as the highest quarterly Income After Tax since Q1 2025.
- Year over year, Income After Tax gained in six of the last eight quarters, with growth averaging 4.9%.
- The high point for year-over-year Income After Tax in five years was Q1 2024 (growth of 50.0%); the low point was Q1 2026 (a decline of 28.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $29.72 million (Q2 2026), $27.34 million (Q1 2026) and $33.58 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income After Tax (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.97 Bn | 78.95 Bn | 2.07 Bn | 554.40 Mn |
| 2 | Veralto | 28.80 Bn | 21.43 Bn | 908.00 Mn | 253.00 Mn |
| 3 | Xylem | 23.13 Bn | 18.86 Bn | 907.00 Mn | 288.00 Mn |
| 4 | Badger Meter | 4.57 Bn | 3.97 Bn | 98.85 Mn | 35.90 Mn |
| 5 | Ceco Environmental | 2.30 Bn | 2.12 Bn | 86.47 Mn | -34.49 Mn |
| 6 | NWPX Infrastructure | 882.96 Mn | 841.04 Mn | 38.19 Mn | 18.23 Mn |
| 7 | Energy Recovery | 374.69 Mn | 37.14 Mn | 4.20 Mn | -6.33 Mn |
| 8 | Cadiz | 320.18 Mn | 285.30 Mn | -24,000.00 | -11.37 Mn |
| 9 | AirJoule Technologies | 179.57 Mn | 59.19 Mn | - | -8.53 Mn |
| 10 | LanzaTech Global | 58.06 Mn | -39.57 Mn | 1.91 Mn | -9.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 35.90 Mn |
| Jun 30, 2026 | 29.72 Mn |
| Mar 31, 2026 | 27.34 Mn |
| Dec 31, 2025 | 33.58 Mn |
| Sep 30, 2025 | 35.08 Mn |
| Jun 30, 2025 | 34.58 Mn |
| Mar 31, 2025 | 38.40 Mn |
| Dec 31, 2024 | 30.72 Mn |
| Sep 30, 2024 | 32.04 Mn |
| Jun 30, 2024 | 33.06 Mn |
| Mar 31, 2024 | 29.13 Mn |
| Dec 31, 2023 | 24.72 Mn |
| Sep 30, 2023 | 25.97 Mn |
| Jun 30, 2023 | 22.49 Mn |
| Mar 31, 2023 | 19.42 Mn |
| Dec 31, 2022 | 17.54 Mn |
| Sep 30, 2022 | 17.93 Mn |
| Jun 30, 2022 | 16.66 Mn |
| Mar 31, 2022 | 14.36 Mn |
| Dec 31, 2021 | 17.28 Mn |
API Access
Badger Meter Income After Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=profit-after-tax&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "ticker": "BMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=profit-after-tax&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();