Badger Meter (BMI) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $1.02
- EPS estimate
- $1.01
- EPS surprise
- +1.40%
- Revenue surprise
- +0.78%
- Revenue
- $222.3M
- Revenue estimate
- $220.6M
- Reported
- Jul 22, 2026
Badger Meter reported Q2 2026 results on July 22, 2026. Earnings per share were $1.02, ahead of the $1.01 estimate by 1.40%. Revenue was $222.3 million, just above the $220.6 million consensus. Compared with Q2 2025, EPS fell about 13% from $1.17 and revenue fell about 7% from $238.1 million.
The table shows years of strong growth followed by a softer patch. Annual EPS rose every year, from $2.27 in 2022 to $3.14 in 2023, $4.23 in 2024 and $4.80 in 2025. Revenue grew about 62% over the same span, from $566 million to $917 million. Q1 2025 set the EPS high here at $1.30, and Q2 2025 the revenue high at $238.1 million. Since then, results have eased. The first half of 2026 earned $1.95, about 21% less than the $2.47 a year earlier, with Q1 2026 missing its estimate by 23.97%. Badger Meter beat the EPS estimate in 13 of the last 20 quarters.
Q3 results have come out between October 15 and October 21 in each of the past five years. That points to mid-to-late October 2026 for the next report, which will show whether the year-over-year declines of the last two quarters continue.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 22, 2026 | $1.01 | $1.02 | +1.40% | $222.3M | SEC |
| Q1 2026 | Apr 17, 2026 | $1.22 | $0.93 | −23.97% | $202.3M | SEC |
| Q4 2025 | Jan 28, 2026 | $1.16 | $1.14 | −1.49% | $220.7M | SEC |
| Q3 2025 | Oct 21, 2025 | $1.14 | $1.19 | +4.60% | $235.7M | SEC |
| Q2 2025 | Jul 22, 2025 | $1.25 | $1.17 | −6.68% | $238.1M | SEC |
| Q1 2025 | Apr 17, 2025 | $1.07 | $1.30 | +21.83% | $222.2M | SEC |
| Q4 2024 | Jan 31, 2025 | $1.10 | $1.04 | −5.07% | $205.2M | SEC |
| Q3 2024 | Oct 17, 2024 | $1.11 | $1.08 | −2.70% | $208.4M | SEC |
| Q2 2024 | Jul 19, 2024 | $1.03 | $1.12 | +8.95% | $216.7M | SEC |
| Q1 2024 | Apr 18, 2024 | $0.82 | $0.99 | +20.86% | $196.3M | SEC |
| Q4 2023 | Jan 26, 2024 | $0.82 | $0.84 | +2.38% | $182.4M | SEC |
| Q3 2023 | Oct 19, 2023 | $0.81 | $0.88 | +8.84% | $186.2M | SEC |
| Q2 2023 | Jul 20, 2023 | $0.65 | $0.76 | +16.56% | $175.9M | SEC |
| Q1 2023 | Apr 20, 2023 | $0.55 | $0.66 | +19.46% | $159.1M | SEC |
| Q4 2022 | Jan 27, 2023 | $0.61 | $0.60 | −1.64% | $147.3M | SEC |
| Q3 2022 | Oct 19, 2022 | $0.58 | $0.61 | +4.87% | $148.0M | — |
| Q2 2022 | Jul 20, 2022 | $0.52 | $0.57 | +10.68% | $137.8M | — |
| Q1 2022 | Apr 19, 2022 | $0.51 | $0.49 | −3.16% | $132.4M | — |
| Q4 2021 | Jan 28, 2022 | $0.47 | $0.59 | +26.07% | $135.7M | — |
| Q3 2021 | Oct 15, 2021 | $0.50 | $0.54 | +8.43% | $128.7M | — |
Quarterly revenue
Frequently asked questions
When did Badger Meter (BMI) last report earnings?
Badger Meter last reported on Jul 22, 2026, covering fiscal Q2 2026.
Did BMI beat earnings estimates?
Yes. Badger Meter reported EPS of $1.02 for Q2 2026 against a $1.01 estimate — a 1.40% beat.
How much revenue did BMI report last quarter?
Badger Meter reported $222.3M in revenue for Q2 2026, against a consensus estimate of $220.6M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.