Badger Meter Quarterly Income Statement
NYSE: BMIIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Badger Meter revenue and earnings
In the quarter ended Jun 30, 2026, Badger Meter generated $222.3 million in revenue, down 6.6% from the same quarter a year earlier. Net income was $29.7 million (-14.1% year over year), for a net margin of 13.4% versus a median of 14.9% in the prior 5 quarters. Gross margin was 40.8% (down from 41.1%) and operating margin 17.7%.
Diluted earnings per share came in at $1.02, down from $1.17.
Summary generated from market data by MetaCap's automated system. Methodology
Badger Meter income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 222.32M | 202.28M | 220.71M | 235.65M | 238.09M | 222.21M | 205.18M | 208.44M | 216.66M | 196.28M | 182.44M | 186.19M |
| Revenue growth (YoY) | -6.63% | -8.97% | +7.57% | +13.06% | +9.89% | +13.21% | +12.47% | +11.95% | +23.20% | +23.37% | +23.84% | +25.80% |
| Cost of Revenue | 131.55M | 117.95M | 127.72M | 139.81M | 140.28M | 126.77M | 122.42M | 124.56M | 131.29M | 119.10M | 110.97M | 113.47M |
| Gross Profit | 90.77M | 84.33M | 92.99M | 95.84M | 97.81M | 95.44M | 82.76M | 83.88M | 85.37M | 77.18M | 71.47M | 72.72M |
| Operating Expenses | 51.40M | 49.16M | 49.94M | 49.75M | 52.95M | 46.01M | 43.54M | 43.26M | 43.86M | 40.60M | 39.39M | 41.30M |
| Selling, General & Admin | 51.40M | 49.16M | 49.94M | 49.75M | 52.95M | 46.01M | 43.54M | 43.26M | 43.86M | 40.60M | 39.39M | 41.30M |
| Operating Income | 39.38M | 35.17M | 43.05M | 46.08M | 44.86M | 49.42M | 39.22M | 40.62M | 41.51M | 36.58M | 32.08M | 31.42M |
| Pretax Income | 39.72M | 36.34M | 44.64M | 47.44M | 45.79M | 50.79M | 42.13M | 42.91M | 43.36M | 38.09M | 33.44M | 32.59M |
| Income Tax | 10.00M | 9.00M | 11.07M | 12.37M | 11.20M | 12.39M | 11.42M | 10.87M | 10.31M | 8.96M | 8.72M | 6.62M |
| Net Income | 29.72M | 27.34M | 33.58M | 35.08M | 34.58M | 38.40M | 30.72M | 32.04M | 33.06M | 29.13M | 24.72M | 25.97M |
| Net Income growth (YoY) | -14.06% | -28.81% | +9.30% | +9.49% | +4.62% | +31.81% | +24.25% | +23.37% | +46.96% | +50.04% | +40.95% | +44.81% |
| EPS (Basic) | 1.02 | 0.94 | 1.14 | 1.19 | 1.18 | 1.31 | 1.05 | 1.09 | 1.13 | 0.99 | 0.84 | 0.89 |
| EPS (Diluted) | 1.02 | 0.93 | 1.14 | 1.19 | 1.17 | 1.30 | 1.04 | 1.08 | 1.12 | 0.99 | 0.84 | 0.88 |
| Shares Outstanding (Basic) | 29.04M | 29.21M | — | 29.42M | 29.41M | 29.38M | — | 29.37M | 29.36M | 29.32M | — | 29.29M |
| Shares Outstanding (Diluted) | 29.14M | 29.37M | — | 29.58M | 29.59M | 29.56M | — | 29.55M | 29.53M | 29.49M | — | 29.47M |
| EBITDA | 42.22M | 37.99M | 45.83M | 48.69M | 47.78M | 52.23M | 42.00M | 43.21M | 44.36M | 39.47M | 34.92M | 34.08M |
| Gross Margin | 40.83% | 41.69% | 42.13% | 40.67% | 41.08% | 42.95% | 40.33% | 40.24% | 39.40% | 39.32% | 39.17% | 39.06% |
| Operating Margin | 17.71% | 17.39% | 19.51% | 19.56% | 18.84% | 22.24% | 19.12% | 19.49% | 19.16% | 18.64% | 17.58% | 16.88% |
| Net Margin | 13.37% | 13.51% | 15.21% | 14.89% | 14.53% | 17.28% | 14.97% | 15.37% | 15.26% | 14.84% | 13.55% | 13.95% |
This table shows 12 quarterly periods of Badger Meter's income statement, from Q2 2026 back to Q3 2023, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow BMI's reporting calendar. What is a income statement?