Badger Meter (BMI) Work In Process (2010 - 2026)
Badger Meter (BMI) posted quarterly Work In Process of $35.3 million for Q1 2026, down 7.81% YoY from $38.3 million in Q1 2025, and up 20.69% sequentially from $29.2 million in Q4 2025.
Badger Meter (BMI) Work In Process (2010 - 2026) Analysis & Trends
Badger Meter has disclosed Work In Process across 17 years of filings, most recently posting $35.3 million for Q1 2026.
- In Q1 2026, Work In Process fell 7.81% year-over-year to $35.3 million; the TTM figure through Mar 2026 stood at $35.3 million (down 7.81% YoY), while the FY2025 annual figure was $29.2 million, down 20.33% from the prior year.
- Work In Process climbed to $35.3 million in Q1 2026, from $29.2 million in the prior quarter.
- Over the last five years, Work In Process for BMI reached as high as $41.3 million in Q4 2023 and fell as low as $22.1 million in Q1 2022.
- The 5-year median for Work In Process is $35.3 million (2026), against an average of $32.9 million.
- Annual changes were most pronounced in 2022 — Work In Process surged 78.07% — and 2025, when it retreated 22.35%.
- 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.
- According to Business Quant data, Work In Process over the past three periods registered $35.3 million, $29.2 million, and $30.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn |
| 10 | Badger Meter | 4.28 Bn | 4.07 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 |