Badger Meter (BMI) Work In Process (2010 - 2026)
Badger Meter (BMI) posted quarterly Work In Process of $32.6 million for 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.
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.
- In Q2 2026, Work In Process fell 2.89% year-over-year to $32.6 million; the TTM figure through Jun 2026 stood at $32.6 million (down 2.89% YoY), while the FY2025 annual figure was $29.2 million, down 20.33% from the prior year.
- Work In Process slipped to $32.6 million in Q2 2026 per BMI's latest filing, from $35.3 million in the prior quarter.
- Across five years, Work In Process topped out at $41.3 million in Q4 2023 and bottomed at $22.1 million in Q1 2022.
- Historically, Work In Process has averaged $32.9 million across 5 years, with a median of $34.4 million in 2025.
- Annual changes were most pronounced in 2022 — Work In Process surged 78.07% — and 2025, when it retreated 22.35%.
- Badger Meter's Work In Process stood at $23.6 million in 2022, then surged by 75.01% to $41.3 million in 2023, then dropped by 11.04% to $36.7 million in 2024, then declined by 20.33% to $29.2 million in 2025, then advanced by 11.34% to $32.6 million in 2026.
- Business Quant data shows BMI's Work In Process at $32.6 million in Q2 2026, $35.3 million in Q1 2026, and $29.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn |
| 10 | Badger Meter | 3.74 Bn | 3.64 Bn | 90.77 Mn |
Historic Data
Download 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 |