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
DateValue
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