Badger Meter (BMI) Work In Process (2010 - 2026)
Badger Meter's (BMI) quarterly Work In Process came in at $32.6 million in Q2 2026, down 2.89% year-over-year from $33.5 million in Q2 2025, and down 7.75% quarter-over-quarter from $35.3 million in Q1 2026.
Analysis
Badger Meter (BMI) Work In Process (2010 - 2026) Analysis & Trends
Badger Meter (BMI) has reported Work In Process for 17 consecutive years, with $32.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Work In Process fell 2.89% year-over-year to $32.6 million in Q2 2026; TTM through Jun 2026 was $32.6 million, a 2.89% decrease from a year earlier, with the FY2025 full-year figure at $29.2 million, down 20.33% from the prior year.
- Work In Process was $32.6 million for Q2 2026 at Badger Meter, down from $35.3 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 $34.4 million in 2025 frame the typical range for Work In Process.
- Across the five-year window, Work In Process jumped 78.07% in 2022 and fell 22.35% in 2025, its largest moves.
- Over 5 years, Work In Process stood at $23.6 million in 2022, then soared by 75.01% to $41.3 million in 2023, then decreased by 11.04% to $36.7 million in 2024, then slipped by 20.33% to $29.2 million in 2025, then rose by 11.34% to $32.6 million in 2026.
- The last three Work In Process figures came in at $32.6 million (Q2 2026), $35.3 million (Q1 2026), and $29.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 76.62 Bn | 71.48 Bn | 1.95 Bn |
| 2 | Xylem | 25.39 Bn | 24.11 Bn | 963.00 Mn |
| 3 | Veralto | 23.26 Bn | 21.14 Bn | 902.00 Mn |
| 4 | Badger Meter | 3.70 Bn | 3.60 Bn | 90.77 Mn |
| 5 | NWPX Infrastructure | 1.03 Bn | 1.01 Bn | 34.36 Mn |
| 6 | Energy Recovery | 380.05 Mn | 287.00 Mn | 8.96 Mn |
| 7 | Cadiz | 339.11 Mn | 333.79 Mn | -24,000.00 |
| 8 | AirJoule Technologies | 307.53 Mn | 266.11 Mn | - |
| 9 | Euro Tech Holdings | 13.01 Mn | -11.70 Mn | - |
| 10 | Rain Enhancement Technologies Holdco | 5.89 Mn | 5.89 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.56 Mn |
| 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 |