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Badger Meter Inc revenue

Badger Meter Inc's revenue was $917m in fiscal 2025, up 10.9% on the year before. Since fiscal 2009 ($250m) it has grown at a compound 8.5% a year. Over the last twelve months it was $881m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue250277263320334365378394402434425426505566704827917881
Growth on the year before—+10.5%−5.0%+21.6%+4.5%+9.2%+3.5%+4.3%+2.2%+7.8%−2.1%+0.2%+18.7%+11.9%+24.4%+17.5%+10.9%—
Gross profit9710390122117131136151156162164168205220276329382367

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Geography
Region Revenue Share YoY
United States $826M 90.1% ▲ 10.8%
Europe $43.9M 4.8% ▲ 17.8%
Canada $15.2M 1.7% ▲ 45.8%
Asia $14.3M 1.6% ▲ 27.1%
Middle East $11M 1.2% ▼ 34.5%
Other Geographical Areas $3.6M 0.4% ▲ 81.8%
Mexico $2.7M 0.3% ▼ 25.7%

From Badger Meter Inc's 10-K filed February 17, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Electronic Equipment & Instruments: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Badger Meter Inc $881m -2.2% 9.6%
Daktronics Inc $854m 14.0% 1.6%
Mirion Technologies, Inc. $1.08bn 19.6% 11.0%
Cognex Corp $1.09bn 17.1% 6.8%
Arlo Technologies, Inc. $587m 15.6% 7.5%
Canaan Inc. $530m 96.7% —

Compare with peers

Head to head: BMI vs DAKTBMI vs MIRBMI vs CGNX

More: Electronic Equipment & Instruments stocks compared, Technology sector, rankings of US companies

Figures from Badger Meter Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Badger Meter Inc.