Income Statement - BADGER METER INC (BMI)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 916.66 | 826.56 | 703.59 | 565.57 | 505.20 | 425.54 | 424.63 | 433.73 | 402.44 | 393.76 | 377.70 | 364.77 | 334.12 | 319.66 | 262.92 | 276.63 | 250.34 | 279.55 | 234.82 | 229.75 |
| Cost of revenue | 534.59 | 497.37 | 427.15 | 345.60 | 299.71 | 257.30 | 261.10 | 271.38 | 246.69 | 243.19 | 241.92 | 233.63 | 217.13 | 197.41 | 173.10 | 173.81 | 153.32 | 181.09 | 153.42 | 153.13 |
| Gross profit | 382.07 | 329.18 | 276.44 | 219.97 | 205.48 | 168.25 | 163.53 | 162.35 | 155.75 | 150.58 | 135.78 | 131.14 | 116.99 | 122.25 | 89.82 | 102.82 | 97.01 | 98.46 | 81.40 | 76.63 |
| Total operating expenses | 198.65 | 171.25 | 158.39 | 132.81 | 126.88 | 103.24 | 101.67 | 125.34 | 100.12 | 99.81 | 93.41 | 85.10 | 77.88 | 77.78 | 62.29 | 58.00 | 54.77 | 57.56 | 50.78 | 47.84 |
| Operating income | 183.42 | 157.94 | 118.05 | 87.30 | 78.72 | 65.16 | 62.15 | 56.87 | 55.62 | 50.77 | 42.37 | 46.05 | 39.11 | 44.47 | 27.53 | 44.82 | 42.24 | 40.90 | 30.62 | 28.79 |
| Non-operating income (net) | 5.24 | 8.56 | 3.92 | 0.42 | -0.10 | -0.18 | -0.54 | -21.02 | -0.79 | -0.92 | -1.22 | -1.14 | -1.10 | -1.00 | -0.19 | -0.39 | 0.09 | -1.35 | -1.29 | -1.30 |
| Income before tax | 188.66 | 166.50 | 121.97 | 87.72 | 78.62 | 64.98 | 61.61 | 35.85 | 54.83 | 49.84 | 41.15 | 44.91 | 38.01 | 43.47 | 27.35 | 44.44 | 42.33 | 39.56 | 29.33 | 27.49 |
| Income tax expense | 47.02 | 41.56 | 29.37 | 21.22 | 17.74 | 15.64 | 14.43 | 8.06 | 20.26 | 17.55 | 15.21 | 15.23 | 13.39 | 15.44 | 8.19 | 15.78 | 15.55 | 14.47 | 10.94 | 10.92 |
| Net income | 141.63 | 124.94 | 92.60 | 66.50 | 60.88 | 49.34 | 47.18 | 27.79 | 34.57 | 32.30 | 25.94 | 29.68 | 24.62 | 28.03 | 19.16 | 28.66 | 34.17 | 25.08 | 16.46 | 7.55 |
Show Quarterly Income Statement
Income Statement - BADGER METER INC (BMI)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 202.28 | 220.71 | 235.65 | 238.10 | 222.21 | 205.18 | 208.44 | 216.66 | 196.28 | 182.44 | 186.19 | 175.86 | 159.10 | 147.32 | 148.01 | 137.83 | 132.40 | 135.75 | 128.74 | 122.87 | 117.84 | 112.33 | 113.59 | 91.12 | 108.51 | 107.56 | 108.65 | 103.54 | 104.88 | 104.41 | 110.63 | 113.65 | 105.04 | 96.65 | 100.01 | 104.18 | 101.61 | 93.10 | 96.27 | 103.82 | 100.57 | 95.77 | 99.39 | 98.90 | 83.64 | 89.34 | 96.27 | 95.66 | 83.50 | 81.01 | 92.96 | 88.34 | 71.81 | 74.32 | 87.13 | 81.97 | 76.23 | 60.71 | 69.70 | 75.15 | 57.36 | 64.84 | 75.70 | 74.29 | 61.80 | 56.44 | 60.81 | 67.76 | 65.32 | 67.65 | 68.83 | 74.66 | 68.42 | 57.20 | 62.78 | 62.17 | 52.66 | 43.33 | 62.98 | 62.41 | 61.04 |
| Cost of revenue | 117.95 | 127.72 | 139.82 | 140.29 | 126.77 | 122.42 | 124.56 | 131.29 | 119.10 | 110.98 | 113.47 | 106.42 | 96.29 | 90.36 | 90.49 | 83.07 | 81.68 | 80.91 | 77.55 | 72.77 | 68.48 | 68.27 | 68.56 | 55.27 | 65.19 | 66.43 | 66.98 | 63.27 | 64.42 | 64.26 | 66.68 | 72.14 | 68.29 | 57.65 | 62.97 | 63.12 | 62.96 | 59.58 | 57.63 | 64.42 | 61.56 | 61.31 | 63.29 | 63.75 | 53.57 | 58.44 | 59.81 | 60.83 | 54.55 | 52.01 | 59.86 | 58.50 | 46.77 | 45.47 | 52.80 | 51.77 | 47.37 | 41.33 | 46.92 | 47.93 | 36.92 | 40.21 | 47.75 | 47.27 | 38.59 | 35.92 | 37.09 | 41.16 | 39.15 | 43.49 | 45.42 | 48.29 | 43.90 | 37.26 | 40.11 | 39.64 | 36.41 | 24.71 | 46.68 | 41.81 | 39.92 |
| Gross profit | 84.33 | 92.99 | 95.84 | 97.81 | 95.44 | 82.76 | 83.88 | 85.37 | 77.18 | 71.47 | 72.72 | 69.43 | 62.82 | 56.97 | 57.52 | 54.76 | 50.72 | 54.84 | 51.18 | 50.10 | 49.36 | 44.06 | 45.02 | 35.85 | 43.32 | 41.13 | 41.67 | 40.28 | 40.46 | 40.15 | 43.95 | 41.50 | 36.75 | 39.00 | 37.04 | 41.05 | 38.65 | 33.52 | 38.65 | 39.40 | 39.01 | 34.46 | 36.10 | 35.14 | 30.08 | 30.90 | 36.47 | 34.83 | 28.95 | 29.00 | 33.10 | 29.85 | 25.04 | 28.85 | 34.33 | 30.20 | 28.86 | 19.38 | 22.78 | 27.22 | 20.44 | 24.64 | 27.95 | 27.02 | 23.21 | 20.52 | 23.73 | 26.60 | 26.17 | 24.15 | 23.41 | 26.37 | 24.52 | 19.94 | 22.67 | 22.53 | 16.26 | 18.62 | 16.30 | 20.60 | 21.11 |
| Total operating expenses | 49.16 | 49.94 | 49.75 | 52.95 | 46.01 | 43.54 | 43.26 | 43.86 | 40.60 | 39.39 | 41.30 | 39.97 | 37.80 | 34.52 | 33.68 | 32.71 | 31.89 | 32.01 | 31.77 | 31.46 | 31.65 | 27.13 | 25.53 | 23.23 | 27.35 | 24.95 | 25.27 | 25.28 | 26.18 | 25.40 | 40.00 | 33.18 | 26.76 | 25.85 | 24.63 | 24.46 | 25.18 | 24.43 | 24.71 | 24.47 | 26.21 | 24.95 | 22.48 | 22.96 | 23.02 | 22.74 | 20.48 | 20.61 | 21.26 | 18.65 | 19.23 | 19.69 | 20.31 | 20.04 | 20.22 | 18.85 | 18.68 | 17.35 | 14.79 | 14.94 | 15.20 | 14.98 | 14.52 | 14.04 | 14.46 | 13.07 | 13.06 | 13.94 | 14.70 | 14.06 | 14.22 | 14.62 | 14.66 | 12.78 | 12.90 | 13.12 | 11.99 | 7.15 | 14.36 | 12.90 | 13.43 |
| Operating income | 35.17 | 43.05 | 46.08 | 44.86 | 49.43 | 39.22 | 40.62 | 41.51 | 36.58 | 32.08 | 31.42 | 29.50 | 25.05 | 22.47 | 23.87 | 22.09 | 18.86 | 22.86 | 19.44 | 18.68 | 17.75 | 16.96 | 19.51 | 12.66 | 16.02 | 16.34 | 16.45 | 15.03 | 14.33 | 14.81 | 15.73 | 16.35 | 9.97 | 13.15 | 12.41 | 16.59 | 13.47 | 9.10 | 13.94 | 14.92 | 12.81 | 9.51 | 13.62 | 12.18 | 7.05 | 8.15 | 15.98 | 14.22 | 7.69 | 10.35 | 13.87 | 10.16 | 4.73 | 8.82 | 14.11 | 11.36 | 10.19 | 2.03 | 7.99 | 12.28 | 5.24 | 9.66 | 13.44 | 12.98 | 8.75 | 7.45 | 10.67 | 12.66 | 11.47 | 10.10 | 9.19 | 11.75 | 9.87 | 7.17 | 9.76 | 9.42 | 4.27 | 11.47 | 1.94 | 7.70 | 7.68 |
| Non-operating income (net) | 1.17 | 1.59 | 1.36 | 0.92 | 1.36 | 2.91 | 2.29 | 1.85 | 1.51 | 1.37 | 1.17 | 0.79 | 0.59 | 0.43 | 0.08 | -0.04 | -0.05 | 0.02 | -0.04 | -0.04 | -0.04 | -0.05 | 0.03 | -0.08 | -0.08 | -0.14 | -0.11 | -0.12 | -0.18 | -0.22 | -12.08 | -8.44 | -0.27 | -0.22 | -0.24 | -0.15 | -0.18 | -0.21 | -0.21 | -0.23 | -0.27 | -0.28 | -0.31 | -0.32 | -0.32 | -0.26 | -0.27 | -0.31 | -0.29 | -0.25 | -0.26 | -0.33 | -0.25 | -0.27 | -0.29 | -0.24 | -0.21 | -0.06 | 0.09 | -0.10 | -0.11 | -0.11 | -0.10 | -0.08 | -0.10 | -0.17 | 0.96 | -0.31 | -0.40 | -0.38 | -0.38 | -0.34 | -0.25 | -0.28 | -0.35 | -0.32 | -0.35 | 0.01 | -0.51 | -0.41 | -0.39 |
| Income before tax | 36.34 | 44.64 | 47.44 | 45.79 | 50.79 | 42.14 | 42.91 | 43.36 | 38.09 | 33.44 | 32.59 | 30.30 | 25.64 | 22.91 | 23.95 | 22.05 | 18.82 | 22.88 | 19.40 | 18.64 | 17.71 | 16.91 | 19.54 | 12.59 | 15.94 | 16.21 | 16.34 | 14.91 | 14.15 | 14.59 | 3.65 | 7.91 | 9.70 | 12.93 | 12.17 | 16.44 | 13.29 | 8.89 | 13.73 | 14.69 | 12.54 | 9.23 | 13.32 | 11.86 | 6.74 | 7.89 | 15.71 | 13.91 | 7.40 | 10.10 | 13.61 | 9.83 | 4.48 | 8.55 | 13.83 | 11.12 | 9.98 | 1.97 | 8.08 | 12.18 | 5.13 | 9.55 | 13.34 | 12.90 | 8.65 | 7.29 | 11.63 | 12.35 | 11.07 | 9.72 | 8.81 | 11.42 | 9.62 | 6.89 | 9.42 | 9.10 | 3.92 | 11.49 | 1.43 | 7.28 | 7.29 |
| Income tax expense | 9.00 | 11.07 | 12.37 | 11.20 | 12.39 | 11.42 | 10.87 | 10.31 | 8.96 | 8.72 | 6.62 | 7.80 | 6.22 | 5.37 | 6.01 | 5.38 | 4.46 | 5.60 | 3.54 | 4.67 | 3.93 | 3.82 | 4.68 | 3.05 | 4.09 | 3.93 | 3.62 | 3.56 | 3.33 | 3.35 | 0.80 | 1.76 | 2.16 | 5.70 | 4.19 | 5.83 | 4.54 | 2.77 | 4.94 | 5.29 | 4.55 | 3.75 | 4.99 | 3.96 | 2.51 | 1.89 | 5.48 | 5.10 | 2.77 | 3.72 | 4.56 | 3.55 | 1.57 | 3.06 | 4.97 | 3.68 | 3.73 | 0.78 | 1.20 | 4.35 | 1.87 | 3.29 | 4.32 | 4.87 | 3.29 | 2.20 | 4.67 | 4.59 | 4.10 | 3.52 | 2.98 | 4.37 | 3.60 | 2.71 | 3.40 | 3.38 | 1.45 | 2.68 | 1.95 | 3.23 | 3.06 |
| Net income | 27.34 | 33.58 | 35.08 | 34.58 | 38.40 | 30.72 | 32.04 | 33.06 | 29.13 | 24.72 | 25.97 | 22.49 | 19.42 | 17.54 | 17.93 | 16.66 | 14.36 | 17.28 | 15.86 | 13.97 | 13.78 | 13.09 | 14.86 | 9.53 | 11.85 | 12.27 | 12.72 | 11.36 | 10.82 | 11.24 | 2.85 | 6.15 | 7.55 | 7.23 | 7.98 | 10.61 | 8.75 | 6.11 | 8.79 | 9.40 | 7.99 | 5.48 | 8.33 | 7.90 | 4.23 | 6.00 | 10.23 | 8.81 | 4.63 | 6.38 | 9.05 | 6.28 | 2.91 | 5.48 | 8.86 | 7.44 | 6.25 | 1.19 | 6.88 | 7.83 | 3.26 | 6.26 | 9.02 | 8.03 | 5.35 | 5.09 | 14.36 | 7.76 | 6.97 | 6.20 | 5.83 | 7.04 | 6.02 | 2.67 | 5.75 | 5.47 | 2.57 | -0.21 | -0.52 | 4.05 | 4.23 |