Badger Meter (BMI) Work In Process (2010 - 2026)
Badger Meter (BMI) reported Work In Process of $35.3 million for Q1 2026, down 7.81% year-over-year from $38.3 million in Q1 2025, and up 20.69% quarter-over-quarter from $29.2 million in Q4 2025.
Badger Meter (BMI) Work In Process (2010 - 2026) Analysis & Trends
Badger Meter (BMI) has 17 years of Work In Process data on file, last reported at $35.3 million in Q1 2026.
- Work In Process for Q1 2026 came in at $35.3 million, down 7.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $35.3 million (down 7.81% YoY), and the FY2025 annual result was $29.2 million, down 20.33% from the prior year.
- Work In Process grew to $35.3 million in Q1 2026 per BMI's latest filing, from $29.2 million in the prior quarter.
- Over five years, Work In Process peaked at $41.3 million in Q4 2023 and troughed at $22.1 million in Q1 2022.
- A 5-year average of $32.9 million and a median of $35.3 million in 2026 frame the typical range for Work In Process.
- The sharpest annual moves came in 2022 and 2025: Work In Process surged 78.07% in 2022, then retreated 22.35% in 2025.
- A 5-year view of Work In Process shows it stood at $23.6 million in 2022, then jumped by 75.01% to $41.3 million in 2023, then slipped by 11.04% to $36.7 million in 2024, then dropped by 20.33% to $29.2 million in 2025, then grew by 20.69% to $35.3 million in 2026.
- Business Quant data shows BMI's Work In Process at $35.3 million in Q1 2026, $29.2 million in Q4 2025, and $30.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn |
| 10 | Badger Meter | 3.81 Bn | 3.60 Bn | 84.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.30 Mn |
| Dec 31, 2025 | 29.24 Mn |
| Sep 30, 2025 | 30.29 Mn |
| Jun 30, 2025 | 33.53 Mn |
| Mar 31, 2025 | 38.29 Mn |
| Dec 31, 2024 | 36.71 Mn |
| Sep 30, 2024 | 39.01 Mn |
| Jun 30, 2024 | 39.32 Mn |
| Mar 31, 2024 | 41.18 Mn |
| Dec 31, 2023 | 41.26 Mn |
| Sep 30, 2023 | 35.94 Mn |
| Jun 30, 2023 | 35.57 Mn |
| Mar 31, 2023 | 27.92 Mn |
| Dec 31, 2022 | 23.58 Mn |
| Sep 30, 2022 | 25.97 Mn |
| Jun 30, 2022 | 24.27 Mn |
| Mar 31, 2022 | 22.13 Mn |
| Dec 31, 2021 | 24.75 Mn |
| Sep 30, 2021 | 14.58 Mn |
| Jun 30, 2021 | 15.62 Mn |