Badger Meter (BMI) Receivables - Net (2010 - 2026)
Badger Meter (BMI) recorded Receivables - Net of $121.23 million in Q2 2026, up 3.0% from $117.67 million a year earlier and up 9.9% from the prior quarter.
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Analysis
Badger Meter (BMI) Receivables - Net (2010 - 2026) Analysis & Trends
At the end of FY2025, Badger Meter reported Receivables - Net of $112.36 million, up 33.2% from FY2024.
- Annual Receivables - Net has increased for six straight years, with a five-year compound annual growth rate of 12.7% (FY2020 to FY2025).
- Across earlier years, Receivables - Net came in at $84.33 million in FY2024 (+1.0%), $83.51 million in FY2023 (+8.9%), $76.65 million in FY2022 (+16.4%) and $65.87 million in FY2021 (+6.8%).
- The Q2 2026 figure is the highest quarterly Receivables - Net in data going back to Q4 2010.
- On a year-over-year basis, Receivables - Net rose in seven of the last eight quarters, with growth averaging 12.0%.
- Peak year-over-year performance for Receivables - Net in the last five years was growth of 33.2% in Q4 2025, against a decline of 1.8% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $110.29 million (Q1 2026), $112.36 million (Q4 2025) and $115.06 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - |
| 10 | LanzaTech Global | 74.74 Mn | -40.40 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 121.23 Mn |
| Mar 31, 2026 | 110.29 Mn |
| Dec 31, 2025 | 112.36 Mn |
| Sep 30, 2025 | 115.06 Mn |
| Jun 30, 2025 | 117.67 Mn |
| Mar 31, 2025 | 112.36 Mn |
| Dec 31, 2024 | 84.33 Mn |
| Sep 30, 2024 | 93.43 Mn |
| Jun 30, 2024 | 106.23 Mn |
| Mar 31, 2024 | 92.29 Mn |
| Dec 31, 2023 | 83.51 Mn |
| Sep 30, 2023 | 89.06 Mn |
| Jun 30, 2023 | 84.02 Mn |
| Mar 31, 2023 | 84.25 Mn |
| Dec 31, 2022 | 76.65 Mn |
| Sep 30, 2022 | 83.49 Mn |
| Jun 30, 2022 | 77.25 Mn |
| Mar 31, 2022 | 78.15 Mn |
| Dec 31, 2021 | 65.87 Mn |
| Sep 30, 2021 | 73.75 Mn |
API Access
Badger Meter Receivables - Net 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=receivables-net&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-net", "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=receivables-net&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();