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Badger Meter BMI MX — Revenue

Other geography segments

US
$200.41M
CA
$3.5M

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Other financials

Income statement

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Revenue$222.3M-6.6%
Gross profit$90.8M-7.2%
Operating income$39.4M-12.2%
Net income$29.7M-14.1%
EPS (diluted)$1.02-12.8%

Balance sheet

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Cash & equivalents$95.7M-42.1%
Total debt$12.7M+111%
Total equity$682.9M+0.8%
Total assets$998.2M+6.6%

Cash flow

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Operating cash flow$26.7M-40.1%
CapEx$4.8M+22.9%
Free cash flow$21.9M-46.2%

Valuation

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Market cap$3.98B-28.3%
P/E31.6×-9.2×
P/S4.5×-1.8×

Profitability

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Gross margin41.3%+0.1pp
Operating margin18.6%-1.3pp
Net margin14.3%-1.3pp
FCF margin17.1%-1.3pp

Returns & leverage

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Return on equity18.5%-3.4pp
Debt / equity0.0×
Current ratio2.4×-0.8×

Where this comes from

Reported directly by Badger Meter in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Badger Meter’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 3:58 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-313981
(In thousands)Three months ended / June 30, 2026Three months ended / June 30, 2025Six months ended / June 30, 2026Six months ended / June 30, 2025
Foreign:
Asia3,4894,0837,7057,205
Canada3,5044,1476,6388,093
Europe12,95311,27824,56020,826
Mexico8245941,6251,071
Middle East8132,6494,0115,115
Other3259941,0141,671
Total$222,321$238,095$424,598$460,306

Item 1 Financial Statements

FAQ

What is Badger Meter's MX — revenue?
Badger Meter (BMI) reported MX — revenue of $824K in Q2 2026.
How has Badger Meter's MX — revenue changed year-over-year?
Badger Meter's MX — revenue increased by 38.7% year-over-year, from $594K to $824K.
What is the long-term trend for Badger Meter's MX — revenue?
Over 4 years (2021 to 2025), Badger Meter's MX — revenue has grown at a -14.4% compound annual growth rate (CAGR), from $5.01M to $2.69M.
What does MX — revenue mean?
This metric represents the total net sales generated from contracts with customers within the specific geographic or operational segment, excluding any taxes collected on behalf of government authorities. It serves as a primary indicator of the segment's market demand and revenue-generating capacity. Tracking this figure allows investors to assess the growth trajectory and commercial performance of the segment independent of broader corporate revenue streams.

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