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Badger Meter BMI MX — Revenue

Other geography segments

US
$201.98M
CA
$3.95M

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Other financials

Income statement

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Revenue$202.3M-9.0%
Gross profit$84.3M-11.6%
Operating income$35.2M-28.8%
Net income$27.3M-28.8%
EPS (diluted)$0.93-28.5%

Balance sheet

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Cash & equivalents$205.5M+56.4%
Total debt$12.7M+111%
Total equity$690.4M+7.6%
Total assets$970.8M+7.9%

Cash flow

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Operating cash flow$33.9M+2.6%
CapEx$4.4M+49.3%
Free cash flow$29.5M-2.0%

Valuation

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Market cap$3.95B-20.5%
P/E30.3×-6.8×
P/S4.4×-1.4×

Profitability

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Gross margin41.4%+0.6pp
Operating margin18.9%-1.2pp
Net margin14.6%-1.2pp
FCF margin18.9%+0.8pp

Returns & leverage

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Return on equity19.6%-3.2pp
Debt / equity0.0×
Current ratio+0.1×

Where this comes from

Reported directly by Badger Meter in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Badger Meter’s 10-Q, filed April 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Badger Meter's MX — revenue?
Badger Meter (BMI) reported MX — revenue of $801K in Q1 2026.
How has Badger Meter's MX — revenue changed year-over-year?
Badger Meter's MX — revenue increased by 67.9% year-over-year, from $477K to $801K.
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.