Badger Meter (BMI) Revenue (2010 - 2026)
Badger Meter (BMI) reported Revenue of $235.94 million for Q3 2026, up 0.1% from $235.65 million a year earlier and up 6.1% from the prior quarter.
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Analysis
Badger Meter (BMI) Revenue (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Badger Meter's Revenue came in at $881.24 million, down 2.2% year-over-year; for FY2025, it was $916.66 million, up 10.9% from FY2024.
- Revenue has increased for six consecutive years, with a five-year compound annual growth rate of 16.6% (FY2020 to FY2025).
- By year, Revenue came in at $826.56 million in FY2024 (+17.5%), $703.59 million in FY2023 (+24.4%), $565.57 million in FY2022 (+11.9%) and $505.2 million in FY2021 (+18.7%).
- The Q3 2026 figure ranks as the highest quarterly Revenue since Q2 2025.
- Year over year, Revenue gained in six of the last eight quarters, with growth averaging 5.1%.
- The high point for year-over-year Revenue in five years was Q2 2023 (growth of 27.6%); the low point was Q1 2026 (a decline of 9.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $222.32 million (Q2 2026), $202.28 million (Q1 2026) and $220.71 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.97 Bn | 78.95 Bn | 2.07 Bn | 4.69 Bn |
| 2 | Veralto | 28.80 Bn | 21.43 Bn | 908.00 Mn | 1.51 Bn |
| 3 | Xylem | 23.13 Bn | 18.86 Bn | 907.00 Mn | 2.20 Bn |
| 4 | Badger Meter | 4.57 Bn | 3.97 Bn | 98.85 Mn | 235.94 Mn |
| 5 | Ceco Environmental | 2.30 Bn | 2.12 Bn | 86.47 Mn | 284.96 Mn |
| 6 | NWPX Infrastructure | 882.96 Mn | 841.04 Mn | 38.19 Mn | 179.39 Mn |
| 7 | Energy Recovery | 374.69 Mn | 37.14 Mn | 4.20 Mn | 11.20 Mn |
| 8 | Cadiz | 320.18 Mn | 285.30 Mn | -24,000.00 | 979,000.00 |
| 9 | AirJoule Technologies | 179.57 Mn | 59.19 Mn | - | - |
| 10 | LanzaTech Global | 58.06 Mn | -39.57 Mn | 1.91 Mn | 9.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 235.94 Mn |
| Jun 30, 2026 | 222.32 Mn |
| 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 |
API Access
Badger Meter Revenue 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=revenue&ticker=BMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=BMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();