What are Badger Meter's profit margins?

Gross margin is 41.4% and operating margin is 18.9%, with a 14.6% net margin.

Where does Badger Meter's income statement data come from?

Every line is extracted from Badger Meter's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Badger Meter BMI Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Net interest income	$1.14M-27.3%	$1.57M+17.7%	$1.33M+48.6%	$895K-32.9%	$1.33M-54.4%
Total revenue	$202.28M-8.4%	$220.71M-6.3%	$235.65M-1.0%	$238.1M+7.1%	$222.21M+8.3%
Total cost of revenue	$117.95M-7.6%	$127.72M-8.7%	$139.82M-0.3%	$140.29M+10.7%	$126.77M+3.6%
Gross profit	$84.33M-9.3%	$92.99M-3.0%	$95.84M-2.0%	$97.81M+2.5%	$95.44M+15.3%
Gross margin	41.7%-0.4pp	42.1%+1.5pp	40.7%-0.4pp	41.1%-1.9pp	42.9%+2.6pp
Selling, general and administrative	$49.16M-1.6%	$49.94M+0.4%	$49.75M-6.0%	$52.95M+15.1%	$46.01M+5.7%
Operating income	$35.17M-18.3%	$43.05M-6.6%	$46.08M+2.7%	$44.86M-9.2%	$49.43M+26.0%
Operating margin	17.4%-2.1pp	19.5%-0.1pp	19.6%+0.7pp	18.8%-3.4pp	22.2%+3.1pp
Income before income taxes	$36.34M-18.6%	$44.64M-5.9%	$47.44M+3.6%	$45.79M-9.8%	$50.79M+20.5%
Income tax expense	$9M-18.7%	$11.07M-10.5%	$12.37M+10.4%	$11.2M-9.6%	$12.39M+8.5%
Net income	$27.34M-18.6%	$33.58M-4.3%	$35.08M+1.4%	$34.58M-9.9%	$38.4M+25.0%
Net margin	13.5%-1.7pp	15.2%+0.3pp	14.9%+0.4pp	14.5%-2.8pp	17.3%+2.3pp
Diluted earnings per share	$0.93-18.4%	$1.14-4.2%	$1.19+1.7%	$1.17-10.0%	$1.30+25.0%
Basic earnings per share	$0.94-17.5%	$1.14-4.2%	$1.19+0.8%	$1.18-9.9%	$1.31+24.8%
Weighted-average shares, diluted	29.4M-0.7%	29.6M0.0%	29.6M0.0%	29.6M+0.1%	29.6M+0.1%
Weighted-average shares, basic	29.2M-0.6%	29.4M-0.1%	29.4M0.0%	29.4M+0.1%	29.4M+0.1%
Dividends declared (in dollars per share)	$0.40—	——	$0.40+17.6%	$0.340.0%	$0.34—
Interest Income (Expense), Operating	$1.14M-27.3%	$1.57M+17.7%	$1.33M+48.6%	$895K-32.9%	$1.33M-54.4%
U.K. pension settlement expense	-$28K0.0%	-$28K0.0%	-$28K0.0%	-$28K0.0%	-$28K-333%
Revenue From Contract With Customer Excluding Assessed Tax	$202.28M-8.4%	$220.71M-6.3%	$235.65M-1.0%	$238.1M+7.1%	$222.21M+8.3%
Add: dilutive effect of potential common shares (in shares)	$150.61K—	——	$159.38K-6.7%	$170.88K-8.3%	$186.31K+3,868%
EBIT	$35.17M-18.3%	$43.05M-6.6%	$46.08M+2.7%	$44.86M-9.2%	$49.43M+26.0%
EBITDA	$37.99M-17.1%	$45.83M-5.9%	$48.69M+1.9%	$47.78M-8.5%	$52.23M+24.4%
EBITDA	$37.99M-17.1%	$45.83M-5.9%	$48.69M+1.9%	$47.78M-8.5%	$52.23M+24.4%
EBITDA margin	18.8%-2.0pp	20.8%+0.1pp	20.7%+0.6pp	20.1%-3.4pp	23.5%+3.0pp
EBIT	$35.17M-18.3%	$43.05M-6.6%	$46.08M+2.7%	$44.86M-9.2%	$49.43M+26.0%

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Questions, answered.

What are Badger Meter's profit margins?: Gross margin is 41.4% and operating margin is 18.9%, with a 14.6% net margin.
Where does Badger Meter's income statement data come from?: Every line is extracted from Badger Meter's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.