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BADGER METER, INC. (BMI) Graph

BMI Revenue Flow

Filed revenue amounts for 2026-04-01 to 2026-06-30. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.

  • 2026-06-30: Revenue $222.32M; Cost of revenue $131.55M; Selling, general and administrative $51.40M; Income tax $10.00M.
  • 2026-03-31: Revenue $202.28M; Cost of revenue $117.95M; Selling, general and administrative $49.16M; Income tax $9.00M.
  • 2025-12-31: Revenue $220.71M; Cost of revenue $127.72M*; Selling, general and administrative $49.94M*; Income tax $11.07M*.
  • 2025-09-30: Revenue $235.65M; Cost of revenue $139.81M; Selling, general and administrative $49.75M; Income tax $12.37M.

Geography

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

BMI revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Asia$3.49MEurope$12.95MMiddle East$813.00KOther GeographicalAreas$325.00KCA$3.50MMX$824.00KUS$200.41MRevenue$222.32MCost of revenue$131.55MGross profit$90.77MOperating income$39.38MSelling, general& administrative$51.40MPre-tax income$39.72MIncome tax$10.00MNet income$29.72M

Timing Of Transfer Of Good Or Service

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

BMI revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Transferred AtPoint In Time$197.57MTransferred Over Time$24.75MRevenue$222.32MCost of revenue$131.55MGross profit$90.77MOperating income$39.38MSelling, general& administrative$51.40MPre-tax income$39.72MIncome tax$10.00MNet income$29.72M

Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.

Historical revenue and expense breakdown

Revenue and expense 3 month

Period endRevenueCost of revenueSelling, general and administrativeIncome taxNet income
2026-06-30$222.32M$131.55M$51.40M$10.00M$29.72M
2026-03-31$202.28M$117.95M$49.16M$9.00M$27.34M
2025-12-31$220.71M$127.72M*$49.94M*$11.07M*$33.58M
2025-09-30$235.65M$139.81M$49.75M$12.37M$35.08M
2025-06-30$238.09M$140.28M$52.95M$11.20M$34.58M
2025-03-31$222.21M$126.77M$46.01M$12.39M$38.40M
2024-12-31$205.18M(m)(m)(m)$30.72M
2024-09-30$208.44M$124.56M$43.26M$10.87M$32.04M
2024-06-30$216.66M$131.29M$43.86M$10.31M$33.06M
2024-03-31$196.28M$119.10M$40.60M$8.96M$29.13M
2023-12-31$182.44M(m)(m)(m)$24.72M
2023-09-30$186.19M$113.47M$41.30M$6.62M$25.97M
2023-06-30$175.86M$106.42M$39.93M$7.80M$22.49M
2023-03-31$159.10M$96.28M$37.77M$6.22M$19.41M
2022-12-31$147.32M(m)(m)(m)$17.54M
2022-09-30$148.01M$90.49M$33.65M$6.01M$17.93M
2022-06-30$137.83M$83.07M$32.67M$5.38M$16.66M
2022-03-31$132.40M$81.68M$31.86M$4.46M$14.36M
2021-12-31$135.75M(m)(m)(m)$17.28M
2021-09-30$128.74M$77.55M$31.74M$3.54M$15.86M
2021-06-30$122.87M$72.77M$31.43M$4.67M$13.97M
2021-03-31$117.84M$68.48M$31.61M$3.93M$13.78M
2020-12-31$112.33M(m)(m)(m)$13.09M
2020-09-30$113.59M$68.56M$25.51M$4.68M$14.86M
2020-06-30$91.12M$55.27M$23.19M$3.05M$9.53M
2020-03-31$108.51M$65.19M$27.31M$4.09M$11.85M
2019-12-31$107.56M(m)(m)(m)$12.27M
2019-09-30$108.65M$66.98M$25.23M$3.62M$12.72M
2019-06-30$103.54M$63.27M$25.24M$3.56M$11.36M
2019-03-31$104.88M$64.42M$26.13M$3.33M$10.82M
2018-12-31$104.41M(m)(m)(m)$11.24M
2018-09-30$110.63M$66.68M$28.21M$801.00K$2.85M
2018-06-30$113.65M$72.14M$25.15M$1.76M$6.15M
2018-03-31$105.04M$68.29M$26.77M$2.16M$7.55M
2017-12-31$96.65M(m)(m)(m)$7.23M
2017-09-30$100.01M$62.97M$24.72M$4.19M$7.97M
2017-06-30$104.18M$63.12M$24.21M$5.83M$10.61M
2017-03-31$101.61M$62.96M$25.09M$4.54M$8.75M
2016-12-31$93.10M(m)(m)(m)$6.11M
2016-09-30$96.27M$57.63M$24.70M$4.94M$8.79M
2016-06-30$103.82M$64.42M$24.47M$5.29M$9.40M
2016-03-31$100.57M$61.56M$26.20M$4.55M$7.99M
2015-12-31$95.77M(m)(m)(m)$5.48M
2015-09-30$99.39M$63.29M$22.48M$4.99M$8.33M
2015-06-30$98.90M$63.75M$22.96M$3.96M$7.90M
2015-03-31$83.64M$53.57M$23.02M$2.51M$4.23M
2014-12-31$89.34M(m)(m)(m)$6.00M
2014-09-30$96.27M$59.81M$20.48M$5.48M$10.23M
2014-06-30$95.66M$60.83M$20.61M$5.10M$8.81M
2014-03-31$83.50M$54.55M$21.26M$2.77M$4.63M
2013-12-31$81.01M(m)(m)(m)$6.38M
2013-09-30$92.96M$59.86M$19.23M$4.56M$9.05M
2013-06-30$88.34M$58.49M$19.69M$3.55M$6.28M
2013-03-31$71.81M$46.77M$20.31M$1.57M$2.91M
2012-12-31$74.32M(m)(m)(m)$5.48M
2012-09-30$87.13M$52.80M$20.22M$4.97M$8.86M
2012-06-30$81.97M$51.77M$18.85M$3.67M$7.44M
2012-03-31$76.23M$47.37M$18.68M$3.73M$6.25M
2011-12-31$60.71M(m)(m)(m)$1.19M
2011-09-30$69.70M$46.92M$14.79M$1.20M$6.88M
2011-06-30$75.15M$47.93M$14.94M$4.35M$7.83M
2011-03-31$57.36M$36.92M$15.20M$1.87M$3.26M
2010-09-30$75.70M$47.75M$14.52M$4.32M$9.02M
2010-06-30$74.29M$47.27M$14.04M$4.87M$8.03M

Revenue and expense 6 month

Period endRevenueCost of revenueSelling, general and administrativeIncome taxNet income
2026-06-30$424.60M$249.50M$100.55M$19.01M$57.05M
2025-06-30$460.31M$267.06M$98.96M$23.59M$72.98M
2024-06-30$412.94M$250.39M$84.46M$19.27M$62.19M
2023-06-30$334.96M$202.71M$77.70M$14.02M$41.91M
2022-06-30$270.24M$164.75M$64.53M$9.84M$31.02M
2021-06-30$240.71M$141.25M$63.04M$8.60M$27.75M
2020-06-30$199.63M$120.45M$50.49M$7.14M$21.39M
2019-06-30$208.42M$127.69M$51.37M$6.88M$22.18M
2018-06-30$218.69M$140.44M$51.93M$3.91M$13.70M
2017-06-30$205.78M$126.08M$49.30M$10.37M$19.36M
2016-06-30$204.39M$125.98M$50.68M$9.84M$17.39M
2015-06-30$182.54M$117.32M$45.98M$6.47M$12.13M
2014-06-30$179.16M$115.38M$41.87M$7.86M$13.45M
2013-06-30$160.15M$105.27M$40.00M$5.12M$9.19M
2012-06-30$158.21M$99.14M$37.52M$7.41M$13.69M
2011-06-30$132.51M$84.85M$30.14M$6.21M$11.09M
2010-06-30$136.09M$85.86M$28.50M$8.17M$13.38M

Revenue and expense 9 month

Period endRevenueCost of revenueSelling, general and administrativeIncome taxNet income
2025-09-30$695.96M$406.87M$148.71M$35.96M$108.06M
2024-09-30$621.38M$374.95M$127.71M$30.14M$94.22M
2023-09-30$521.15M$316.18M$119.00M$20.64M$67.88M
2022-09-30$418.24M$255.24M$98.18M$15.85M$48.96M
2021-09-30$369.45M$218.80M$94.79M$12.14M$43.61M
2020-09-30$313.21M$189.02M$76.00M$11.82M$36.25M
2019-09-30$317.07M$194.67M$76.60M$10.50M$34.90M
2018-09-30$329.32M$207.12M$80.14M$4.71M$16.55M
2017-09-30$305.79M$189.05M$74.02M$14.57M$27.34M
2016-09-30$300.66M$183.61M$75.38M$14.78M$26.18M
2015-09-30$281.93M$180.61M$68.46M$11.46M$20.45M
2014-09-30$275.43M$175.18M$62.35M$13.34M$23.68M
2013-09-30$253.11M$165.13M$59.23M$9.68M$18.24M
2012-09-30$245.34M$151.94M$57.74M$12.38M$22.55M
2011-09-30$202.21M$131.77M$44.93M$7.41M$17.97M
2010-09-30$211.79M$133.60M$43.02M$12.48M$22.40M

Revenue and expense 12 month

Period endRevenueCost of revenueResearch and developmentSelling, general and administrativeIncome taxNet income
2025-12-31$916.66M$534.59M$21.60M$198.65M$47.02M$141.63M
2024-12-31$826.56M$497.37M$19.20M$171.25M$41.56M$124.94M
2023-12-31$703.59M$427.15M$19.00M$158.39M$29.37M$92.60M
2022-12-31$565.57M$345.60M$15.80M$132.68M$21.22M$66.50M
2021-12-31$505.20M$299.71M$14.70M$126.76M$17.74M$60.88M
2020-12-31$425.54M$257.30M$11.60M$103.09M$15.64M$49.34M
2019-12-31$424.63M$261.10M$11.90M$101.38M$14.43M$47.18M
2018-12-31$433.73M$271.38M$11.10M$105.48M$8.06M$27.79M
2017-12-31$402.44M$246.69M$10.60M$99.15M$20.26M$34.57M
2016-12-31$393.76M$243.19M$10.60M$97.90M$17.55M$32.30M
2015-12-31$377.70M$241.92M$10.60M$93.41M$15.21M$25.94M
2014-12-31$364.77M$233.63M$9.50M$85.09M$15.23M$29.68M
2013-12-31$334.12M$217.13M$10.50M$77.88M$13.39M$24.62M
2012-12-31$319.66M$197.41M$9.60M$77.78M$15.44M$28.03M
2011-12-31$262.92M$173.09M$8.10M$62.29M$8.19M$19.16M
2010-12-31$276.63M$173.81M$7.20M$58.00M$15.78M$28.66M
2009-12-31$250.34M$153.32M(m)$54.77M$15.55M$34.17M

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