Badger Meter (BMI) Revenue (2010 - 2026)
Badger Meter (BMI) reported Revenue of $202.3 million for Q1 2026, down 8.97% year-over-year from $222.2 million in Q1 2025, and down 8.35% quarter-over-quarter from $220.7 million in Q4 2025.
Badger Meter (BMI) Revenue (2010 - 2026) Analysis & Trends
Badger Meter (BMI) has 17 years of Revenue data on file, last reported at $202.3 million in Q1 2026.
- Revenue for Q1 2026 came in at $202.3 million, down 8.97% year-over-year; the trailing twelve-month figure through Mar 2026 was $896.7 million (up 5.19% YoY), and the FY2025 annual result was $916.7 million, up 10.9% from the prior year.
- Revenue slipped to $202.3 million in Q1 2026 per BMI's latest filing, from $220.7 million in the prior quarter.
- Over five years, Revenue peaked at $238.1 million in Q2 2025 and troughed at $132.4 million in Q1 2022.
- A 5-year average of $189.1 million and a median of $196.3 million in 2024 frame the typical range for Revenue.
- The sharpest annual moves came in 2023 and 2026: Revenue rose 27.59% in 2023, then fell 8.97% in 2026.
- A 5-year view of Revenue shows it stood at $147.3 million in 2022, then increased by 23.84% to $182.4 million in 2023, then climbed by 12.47% to $205.2 million in 2024, then grew by 7.57% to $220.7 million in 2025, then dropped by 8.35% to $202.3 million in 2026.
- Business Quant data shows BMI's Revenue at $202.3 million in Q1 2026, $220.7 million in Q4 2025, and $235.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 1.81 Bn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 1.60 Bn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 1.75 Bn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 1.56 Bn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 1.08 Bn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 1.07 Bn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 939.90 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 268.44 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 309.34 Mn |
| 10 | Badger Meter | 3.81 Bn | 3.60 Bn | 84.33 Mn | 202.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 202.28 Mn |
| Dec 31, 2025 | 220.71 Mn |
| Sep 30, 2025 | 235.65 Mn |
| Jun 30, 2025 | 238.10 Mn |
| Mar 31, 2025 | 222.21 Mn |
| Dec 31, 2024 | 205.18 Mn |
| Sep 30, 2024 | 208.44 Mn |
| Jun 30, 2024 | 216.66 Mn |
| Mar 31, 2024 | 196.28 Mn |
| Dec 31, 2023 | 182.44 Mn |
| Sep 30, 2023 | 186.19 Mn |
| Jun 30, 2023 | 175.86 Mn |
| Mar 31, 2023 | 159.10 Mn |
| Dec 31, 2022 | 147.32 Mn |
| Sep 30, 2022 | 148.01 Mn |
| Jun 30, 2022 | 137.83 Mn |
| Mar 31, 2022 | 132.40 Mn |
| Dec 31, 2021 | 135.75 Mn |
| Sep 30, 2021 | 128.74 Mn |
| Jun 30, 2021 | 122.87 Mn |