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Badger Meter BMI Deferred Revenue

Deferred Revenue at other companies

Hubbell logo
HubbellHUBB
$154.5M-9.0%
Itron logo
ItronITRI
$222.97M+18.7%
ROP
Roper Technologies, Inc.ROP
$1.79B+7.5%
Xylem logo
XylemXYL
Veralto logo
VeraltoVLTO
Pentair logo
PentairPNR

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:DeferredRevenueNoncurrent.

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 deferred revenue?
Badger Meter (BMI) reported deferred revenue of $73.35M in Q1 2026.
How has Badger Meter's deferred revenue changed year-over-year?
Badger Meter's deferred revenue increased by 12.1% year-over-year, from $65.45M to $73.35M.
What is the long-term trend for Badger Meter's deferred revenue?
Over 3 years (2022 to 2025), Badger Meter's deferred revenue has grown at a 31.2% compound annual growth rate (CAGR), from $32.24M to $72.77M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.