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
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