United States was Badger Meter’s largest region in fiscal 2025, bringing in $825.94M of $916.66M (90%).
| Geography | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $491.68M | $621.17M | $745.19M | $825.94M | ||||||||||||
| Europe | $28.72M | $39.11M | $37.29M | $43.92M | ||||||||||||
| Canada | $12.77M | $12.96M | $10.45M | $15.23M | ||||||||||||
| Asia | $15.00M | $13.55M | $11.24M | $14.28M | ||||||||||||
| Middle East | $9.29M | $10.38M | $16.78M | $10.99M | ||||||||||||
| Mexico | $3.93M | $4.26M | $3.62M | $2.69M | ||||||||||||
| Other | $4.19M | $2.18M | $1.99M | $3.62M | ||||||||||||
| Total | $565.57M | $703.59M | $826.56M | $916.66M |
Badger Meter brought in $916.66M from its seven regions in fiscal 2025, the year ended December 31, 2025. That was up 10.9% from $826.56M in fiscal 2024. United States was the largest at $825.94M (90.1%), ahead of Europe at $43.92M (4.8%) and Canada at $15.23M (1.7%). The other four regions brought in $31.57M combined.
Compared with fiscal 2024, Europe grew 17.8% to $43.92M and United States grew 10.8% to $825.94M. From fiscal 2022 to 2025, combined revenue from these regions grew from $565.57M to $916.66M, a compound annual growth rate of 17.5%. United States' share of the total rose from 86.9% to 90.1%.
Revenue Recognized At A Point In Time was Badger Meter’s largest revenue line in fiscal 2025, bringing in $826.98M of $916.66M (90%).
| Timing of Transfer of Good or Service | FY 2024 | FY 2025 |
|---|---|---|
| Revenue Recognized At A Point In Time | $767.77M | $826.98M |
| Revenue Recognized Over Time | $58.78M | $89.69M |
| Total | $826.56M | $916.66M |
Badger Meter brought in $916.66M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 10.9% from $826.56M in fiscal 2024. Revenue Recognized At A Point In Time was the largest at $826.98M (90.2%), ahead of Revenue Recognized Over Time at $89.69M (9.8%).
Compared with fiscal 2024, Revenue Recognized Over Time grew 52.6% to $89.69M and Revenue Recognized At A Point In Time grew 7.7% to $826.98M.
Badger Meter (BMI) reports its revenue by geography and by timing of transfer of good or service. In fiscal 2025, United States was its largest region, bringing in $825.94M (90.1% of the total), followed by Europe at $43.92M (4.8%).
United States was Badger Meter's largest region in fiscal 2025, bringing in $825.94M, or 90.1% of the $916.66M total across its seven regions.
Revenue Recognized At A Point In Time was Badger Meter's largest revenue line in fiscal 2025, bringing in $826.98M, or 90.2% of the $916.66M total across its two revenue lines.
Europe grew faster than United States in fiscal 2025, up 17.8% from $37.29M to $43.92M. United States grew 10.8% to $825.94M.
Every figure comes from Badger Meter's annual financial filings, as reported. Each line keeps the name Badger Meter gives it, and years follow its fiscal calendar.
Badger Meter's revenue by geography goes back to fiscal 2010, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.