Badger Meter, Inc. (BMI) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Badger Meter, Inc. (BMI) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

BMI Income Statement

Badger Meter, Inc. (BMI) annual income statement — 30-year revenue, gross profit & net income history

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Sales/Revenue	235.94M	222.32M	202.28M	220.71M	235.65M	238.09M	222.21M	205.18M	208.44M	216.66M	196.28M	182.44M	186.19M	175.86M	159.1M	147.32M	148.01M	137.83M	132.4M	135.75M
Revenue Growth %	0.12%	-6.63%	-8.97%	7.57%	13.06%	9.89%	13.21%	12.47%	11.95%	23.2%	23.37%	23.84%	25.8%	27.59%	20.17%	8.53%	14.97%	12.18%	12.36%	20.85%
Cost of Goods Sold	137.09M	131.55M	117.95M	127.72M	139.81M	140.28M	126.77M	122.42M	124.56M	131.29M	119.1M	110.97M	113.47M	106.42M	96.28M	90.36M	90.49M	83.07M	81.68M	80.91M
COGS % of Revenue	58.1%	59.17%	58.31%	57.87%	59.33%	58.92%	57.05%	59.67%	59.76%	60.6%	60.68%	60.83%	60.94%	60.52%	60.52%	61.33%	61.14%	60.27%	61.69%	59.61%
Gross Profit	98.85M	90.77M	84.33M	92.99M	95.84M	97.81M	95.44M	82.76M	83.88M	85.37M	77.18M	71.47M	72.72M	69.43M	62.82M	56.97M	57.52M	54.76M	50.72M	54.84M
Gross Margin %	41.9%	40.83%	41.69%	42.13%	40.67%	41.08%	42.95%	40.33%	40.24%	39.4%	39.32%	39.17%	39.06%	39.48%	39.48%	38.67%	38.86%	39.73%	38.31%	40.39%
Gross Profit Growth %	3.14%	-7.19%	-11.64%	12.36%	14.26%	14.57%	23.66%	15.8%	15.34%	22.95%	22.86%	25.45%	26.43%	26.8%	23.84%	3.88%	12.38%	9.3%	2.76%	24.47%
Operating Expenses	51.11M	51.4M	49.16M	49.94M	49.75M	52.95M	46.01M	43.54M	43.26M	43.86M	40.6M	39.39M	41.3M	39.97M	37.8M	34.52M	33.68M	32.7M	31.89M	32.01M
OpEx % of Revenue	21.66%	23.12%	24.3%	22.63%	21.11%	22.24%	20.71%	21.22%	20.75%	20.24%	20.68%	21.59%	22.18%	22.73%	23.76%	23.43%	22.76%	23.73%	24.09%	23.58%
Selling, General & Admin	51.11M	0	0	0	49.75M	46.01M	46.01M	43.54M	43.26M	43.86M	40.6M	39.39M	41.33M	39.97M	37.8M	34.52M	33.68M	32.7M	31.89M	32.01M
SG&A % of Revenue	21.66%	-	-	-	21.11%	19.33%	20.71%	21.22%	20.75%	20.24%	20.68%	21.59%	22.2%	22.73%	23.76%	23.43%	22.76%	23.73%	24.09%	23.58%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	19M	0	0	0	15.8M	0	0	0	14.7M
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	10.41%	-	-	-	10.72%	-	-	-	10.83%
Other Operating Expenses	0	1000K	1000K	1000K	0	1000K	0	0	0	0	0	-1000K	-32K	0	0	-1000K	0	-33K	-32K	-1000K
Operating Income	47.74M	39.38M	35.17M	43.05M	46.08M	44.86M	49.42M	39.22M	40.62M	41.51M	36.58M	32.08M	31.42M	29.5M	25.05M	22.47M	23.87M	22.09M	18.86M	22.86M
Operating Margin %	20.23%	17.71%	17.39%	19.51%	19.56%	18.84%	22.24%	19.12%	19.49%	19.16%	18.64%	17.58%	16.88%	16.78%	15.74%	15.25%	16.13%	16.03%	14.25%	16.84%
Operating Income Growth %	3.6%	-12.23%	-28.84%	9.75%	13.44%	8.07%	35.12%	22.27%	29.28%	40.71%	46.04%	42.74%	31.63%	33.57%	32.79%	-1.69%	22.79%	18.28%	6.28%	34.77%
EBITDA	57.93M	49.23M	37.99M	51.85M	54.79M	53.66M	57.71M	47.29M	48.64M	49.6M	44.59M	39.27M	38.49M	36.41M	31.99M	28.55M	30.58M	28.77M	25.64M	29.75M
EBITDA Margin %	24.55%	22.14%	18.78%	23.49%	23.25%	22.54%	25.97%	23.05%	23.34%	22.89%	22.72%	21.52%	20.67%	20.7%	20.11%	19.38%	20.66%	20.87%	19.36%	21.91%
EBITDA Growth %	5.73%	-8.25%	-34.17%	9.64%	12.65%	8.17%	29.42%	20.43%	26.37%	36.24%	39.37%	37.53%	25.87%	26.57%	24.79%	-4%	15.53%	11.99%	3.86%	27.97%
D&A (Non-Cash Add-back)	10.19M	9.86M	2.82M	8.8M	8.71M	8.79M	8.28M	8.07M	8.02M	8.09M	8.01M	7.19M	7.07M	6.91M	6.95M	6.08M	6.71M	6.68M	6.78M	6.88M
EBIT	47.96M	39.41M	36.34M	44.64M	47.44M	45.79M	50.79M	39.21M	40.61M	41.5M	36.57M	32.05M	31.39M	29.47M	25.01M	22.44M	23.95M	22.05M	18.83M	22.83M
Net Interest Income	188K	319K	1.14M	1.56M	1.33M	895K	1.33M	2.92M	2.3M	1.86M	1.53M	1.4M	1.2M	827K	622K	466K	108K	-9K	-13K	48K
Interest Income	188K	319K	1.14M	1.56M	1.33M	895K	1.33M	2.92M	2.3M	1.86M	1.53M	1.4M	1.2M	827K	622K	465K	108K	0	0	0
Interest Expense	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	9K	13K	-48K
Other Income/Expense	216K	347K	1.17M	1.59M	1.36M	923K	1.36M	2.91M	2.29M	1.85M	1.51M	1.36M	1.17M	794K	590K	433K	76K	-42K	-45K	19K
Pretax Income	47.96M	39.72M	36.34M	44.64M	47.44M	45.79M	50.79M	42.13M	42.91M	43.36M	38.09M	33.44M	32.59M	30.3M	25.64M	22.91M	23.95M	22.05M	18.82M	22.88M
Pretax Margin %	20.33%	17.87%	17.96%	20.23%	20.13%	19.23%	22.86%	20.54%	20.59%	20.01%	19.41%	18.33%	17.5%	17.23%	16.11%	15.55%	16.18%	15.99%	14.21%	16.85%
Income Tax	12.05M	10M	9M	11.07M	12.37M	11.2M	12.39M	11.42M	10.87M	10.31M	8.96M	8.72M	6.62M	7.8M	6.22M	5.37M	6.01M	5.38M	4.46M	5.6M
Effective Tax Rate %	25.14%	25.18%	24.77%	24.79%	26.06%	24.47%	24.39%	27.1%	25.34%	23.77%	23.52%	26.08%	20.32%	25.76%	24.27%	23.43%	25.11%	24.41%	23.69%	24.49%
Net Income	35.9M	29.72M	27.34M	33.58M	35.08M	34.58M	38.4M	30.72M	32.04M	33.06M	29.13M	24.72M	25.97M	22.49M	19.41M	17.54M	17.93M	16.66M	14.36M	17.28M
Net Margin %	15.22%	13.37%	13.51%	15.21%	14.89%	14.53%	17.28%	14.97%	15.37%	15.26%	14.84%	13.55%	13.95%	12.79%	12.2%	11.91%	12.12%	12.09%	10.85%	12.73%
Net Income Growth %	2.35%	-14.06%	-28.81%	9.3%	9.49%	4.62%	31.81%	24.25%	23.37%	46.96%	50.04%	40.95%	44.81%	34.98%	35.2%	1.52%	13.11%	19.27%	4.2%	31.94%
Net Income (Continuing)	35.9M	29.72M	27.34M	33.58M	35.08M	34.58M	38.4M	30.72M	32.04M	33.06M	29.13M	24.72M	25.97M	22.49M	19.41M	17.54M	17.93M	16.66M	14.36M	17.28M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	1.24	1.02	0.93	1.14	1.19	1.17	1.30	1.04	1.08	1.12	0.99	0.84	0.88	0.76	0.66	0.60	0.61	0.57	0.49	0.59
EPS Growth %	4.2%	-12.82%	-28.46%	9.62%	10.19%	4.46%	31.31%	23.81%	22.73%	47.37%	50%	40%	44.26%	33.33%	34.69%	1.69%	12.96%	18.75%	4.26%	31.11%
EPS (Basic)	1.25	1.02	0.94	1.14	1.19	1.18	1.31	1.05	1.09	1.13	0.99	0.84	0.89	0.77	0.66	0.60	0.61	0.57	0.49	0.59
Diluted Shares Outstanding	28.87M	29.14M	29.37M	29.54M	29.58M	29.58M	29.56M	29.37M	29.55M	29.53M	29.49M	29.47M	29.47M	29.45M	29.42M	29.41M	29.37M	29.34M	29.36M	29.37M
Basic Shares Outstanding	28.75M	29.04M	29.21M	29.38M	29.42M	29.4M	29.38M	29.37M	29.37M	29.36M	29.32M	29.31M	29.29M	29.27M	29.26M	29.23M	29.22M	29.21M	29.2M	29.19M
Dividend Payout Ratio	35.19%	39.01%	42.84%	34.96%	33.55%	28.93%	26.09%	32.51%	31.17%	24%	27.26%	32.03%	30.49%	29.3%	34.13%	37.57%	36.69%	35.06%	40.87%	33.79%