Badger Meter (BMI)
Connects water meters, monitoring sensors, communications, and software for utilities and industrial customers.
$132.26
After hours+0.01 (+0.01%)
At close$132.25(+0.57%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 186 | 182 | 196 | 217 | 208 | 205 | 222 | 238 | 236 | 221 | 202 | 222 |
| Cost of revenue | 113 | 111 | 119 | 131 | 125 | 122 | 127 | 140 | 140 | 128 | 118 | 132 |
| Gross profit | 73 | 71 | 77 | 85 | 84 | 83 | 95 | 98 | 96 | 93 | 84 | 91 |
| 41 | 39 | 41 | 44 | 43 | 44 | 46 | 53 | 50 | 50 | 49 | 51 | |
| Research & development | 0 | 19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 41 | 39 | 41 | 44 | 43 | 44 | 46 | 46 | 50 | 0 | 0 | 0 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 41 | 39 | 41 | 44 | 43 | 44 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 0 | −19 | 0 | 0 | 0 | 0 | 0 | 7 | 0 | 50 | 49 | 51 |
| Operating income | 31 | 32 | 37 | 42 | 41 | 39 | 49 | 45 | 46 | 43 | 35 | 39 |
| 1 | 1 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 2 | 1 | 0 | |
| Interest income | 1 | 1 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 2 | 1 | 0 |
| Other non-operating income | 0 | 0 | 0 | 0 | 0 | 0 | −1 | −1 | −1 | −2 | −1 | 0 |
| Income before tax | 33 | 33 | 38 | 43 | 43 | 42 | 51 | 46 | 47 | 45 | 36 | 40 |
| Income tax expense | 7 | 9 | 9 | 10 | 11 | 11 | 12 | 11 | 12 | 11 | 9 | 10 |
| Net income from continuing operations | 26 | 25 | 29 | 33 | 32 | 31 | 38 | 35 | 35 | 34 | 27 | 30 |
| Net income | 26 | 25 | 29 | 33 | 32 | 31 | 38 | 35 | 35 | 34 | 27 | 30 |
| EPS, basic | $0.89 | $0.84 | $0.99 | $1.13 | $1.09 | $1.05 | $1.31 | $1.18 | $1.19 | $1.14 | $0.94 | $1.02 |
| EPS, diluted | $0.88 | $0.84 | $0.99 | $1.12 | $1.08 | $1.04 | $1.30 | $1.17 | $1.19 | $1.14 | $0.93 | $1.02 |
| Weighted average shares, basic | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| Weighted average shares, diluted | 29 | 29 | 29 | 30 | 30 | 29 | 30 | 30 | 30 | 30 | 29 | 29 |
| EBITDA | 38 | 39 | 45 | 50 | 49 | 47 | 59 | 55 | 56 | 53 | 39 | 49 |
| Depreciation & amortization | 7 | 7 | 8 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 3 | 10 |
| EBIT | 31 | 32 | 37 | 42 | 41 | 39 | 51 | 46 | 47 | 45 | 36 | 39 |
