How Badger Meter (BMI) Makes Money: A Visual Guide
Badger Meter (BMI) generated $896.73M in revenue, earning $130.57M in net profit (14.6% margin). Below is an interactive breakdown of how revenue flows through the income statement.
In TTM through Q1 2026, Badger Meter (BMI) generated 89.5% of revenue from UNITED STATES, followed by Europe (5.1%) and Asia (1.7%).
Badger Meter (BMI) Income Statement Flow — TTM through Q1 2026
Calculated from the four most recent reported quarters, ending (reported ).
Badger Meter (BMI) Revenue by Geography — TTM through Q1 2026
Aggregated across the four most recent quarters, matching the TTM through Q1 2026 income statement above. Region totals sum quarterly disclosures; minor differences vs the company's annual filing can occur if reported regions changed mid-year.
Revenue contribution by geographic region for Badger Meter (BMI), TTM through Q1 2026.
UNITED STATES
- Revenue
- $802.60M
- % of total
- 89.5%
Europe
- Revenue
- $45.97M
- % of total
- 5.1%
Asia
- Revenue
- $15.38M
- % of total
- 1.7%
CANADA
- Revenue
- $14.42M
- % of total
- 1.6%
Middle East
- Revenue
- $11.72M
- % of total
- 1.3%
Other Geographical Areas
- Revenue
- $3.63M
- % of total
- 0.4%
MEXICO
- Revenue
- $3.01M
- % of total
- 0.3%
Total
- Revenue
- $896.73M
- % of total
- 100%
| Region | Revenue | % of total |
|---|---|---|
| UNITED STATES | $802.60M | 89.5% |
| Europe | $45.97M | 5.1% |
| Asia | $15.38M | 1.7% |
| CANADA | $14.42M | 1.6% |
| Middle East | $11.72M | 1.3% |
| Other Geographical Areas | $3.63M | 0.4% |
| MEXICO | $3.01M | 0.3% |
| Total | $896.73M | 100% |
Frequently asked questions
How much revenue does Badger Meter (BMI) generate?
Badger Meter (BMI) generated $896.73M in total revenue for TTM through Q1 2026 with a net profit margin of 14.6%.
What is Badger Meter (BMI) gross profit margin?
Badger Meter (BMI) reported a gross profit margin of 41.4% for TTM through Q1 2026, equivalent to $370.96M in gross profit. This means Badger Meter retains 41.4% of each revenue unit after direct costs of production.
What is Badger Meter (BMI) operating profit margin?
Badger Meter (BMI) reported an operating profit margin of 18.9% for TTM through Q1 2026, equivalent to $169.17M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Badger Meter (BMI) net profit margin?
Badger Meter (BMI) reported a net profit margin of 14.6% for TTM through Q1 2026, equivalent to $130.57M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Badger Meter (BMI) spend on capital expenditures?
Badger Meter (BMI) spent $15.49M on capital expenditures in TTM through Q1 2026 (1.7% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Badger Meter (BMI) free cash flow?
Badger Meter (BMI) generated $169.08M in free cash flow for TTM through Q1 2026 (18.9% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Badger Meter (BMI) effective tax rate?
Badger Meter (BMI) had an effective tax rate of 25% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.
Where does Badger Meter (BMI) generate most of its revenue?
Geographically, 89.5% of Badger Meter (BMI) revenue came from UNITED STATES in the most recent annual filing. The full regional split is shown in the revenue-by-geography table on this page.
Data & methodology
What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
Where do segment and geographic numbers come from?
Product-segment shares come from the same TTM income statement that powers the Sankey chart. Geographic splits are first rebuilt from the four most recent quarterly geographic-segmentation filings so they align with the same TTM window; if quarterly geo data is missing, we fall back to the latest annual disclosure (the table heading shows which one is in use).
When was this data last updated?
Based on company filings through TTM through Q1 2026.
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