How much revenue does Badger Meter (BMI) generate?

Badger Meter (BMI) generated $896.73M in total revenue in TTM through Q1 2026, with a net profit margin of 14.6%, equivalent to roughly $130.57M in net income — what remains after every operating cost, interest payment, and income tax has been paid.

What is the gross profit margin of Badger Meter (BMI)?

Badger Meter (BMI) reported a gross profit margin of 41.4% in TTM through Q1 2026, equivalent to $370.96M in gross profit on $896.73M in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Badger Meter (BMI)?

Badger Meter (BMI) reported an operating profit margin of 18.9% in TTM through Q1 2026, equivalent to $169.17M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Badger Meter (BMI)?

Badger Meter (BMI) reported a net profit margin of 14.6% in TTM through Q1 2026, equivalent to $130.57M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Badger Meter (BMI) profitable?

Yes. Badger Meter (BMI) reported $130.57M in net income for TTM through Q1 2026, with a net profit margin of 14.6%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Badger Meter (BMI) spend on capital expenditures?

Badger Meter (BMI) spent $15.49M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 1.7% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Badger Meter (BMI) generate?

Badger Meter (BMI) generated $169.08M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 18.9%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Badger Meter (BMI)?

Badger Meter (BMI) had an effective tax rate of 25% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

Where does Badger Meter (BMI) generate most of its revenue?

UNITED STATES is the largest geographic market for Badger Meter (BMI), accounting for 89.5% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Badger Meter Makes Money: 2026 Visual Revenue Map

Badger Meter (BMI) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 20, 2026).

Badger Meter (BMI) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. 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
Region	Revenue (USD)	% 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%

UNITED STATES
Europe
Asia
CANADA
Middle East
Other Geographical Areas
MEXICO
Total

Revenue Breakdown — TTM through Q1 2026

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%).

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