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Badger Meter BMI Pre-Tax Income

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating earnings39,37744,86374,54894,288
Interest income, net(319)(895)(1,457)(2,229)
Other pension and postretirement income(28)(28)(56)(56)
Earnings before income taxes39,72445,78676,06196,573
Provision for income taxes10,00411,20219,00623,591
Net earnings$29,720$34,584$57,055$72,982
Earnings per share:
Basic$1.02$1.18$1.96$2.48

Item 1 Financial Statements

FAQ

What is Badger Meter's pre-tax income?
Badger Meter (BMI) reported pre-tax income of $39.72M in Q2 2026.
How has Badger Meter's pre-tax income changed year-over-year?
Badger Meter's pre-tax income decreased by 13.2% year-over-year, from $45.79M to $39.72M.
What is the long-term trend for Badger Meter's pre-tax income?
Over 4 years (2021 to 2025), Badger Meter's pre-tax income has grown at a 24.5% compound annual growth rate (CAGR), from $78.62M to $188.66M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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