BADGER METER INC

Badger Meter, Inc. (NYSE: BMI) is a global provider of water management solutions and flow measurement technologies serving markets worldwide. The company operates through its website at http://www.badgermeter.com and maintains a presence across North America, Europe, and other international markets with approximately 2,477 employees as of December 31, 2025.

The company's core business centers on innovative products incorporating flow measurement, quality control, and system solutions marketed under the BlueEdge brand. This comprehensive suite encompasses measurement and control hardware, connectivity and communication systems, data visualization software, and ongoing support services designed to optimize customers' water operations and promote sustainable water management. Badger Meter's offerings include water meters for residential and commercial applications, water quality monitoring solutions utilizing optical sensing and electrochemical instruments, high-frequency pressure and acoustic leak detection hardware, remote sewer monitoring solutions, and lift station monitoring systems. The company also provides the ORION family of radio endpoints for automatic meter reading and advanced metering infrastructure systems, along with BEACON software-as-a-service cloud-hosted solutions that deliver analytics and consumer engagement tools.

The company operates two primary product lines. The Utility Water segment, representing approximately 89 percent of net sales in 2025, serves water utilities with smart metering solutions, water quality monitoring, and sewer infrastructure management. The Flow Instrumentation segment, comprising approximately 11 percent of net sales, serves commercial and industrial customers across water, wastewater, heating and cooling, and corporate sustainability applications.

Badger Meter maintains manufacturing facilities in the United States, Mexico, Czech Republic, and Switzerland, with sales and distribution operations across multiple continents. The company has established favorable patent positions and trade secret protections for several technologies and processes. With more than a century of water technology innovation, Badger Meter competes against organizations including Sensus, Neptune, Hach, Itron, and others, differentiating itself through comprehensive solutions spanning the full water cycle and strong relationships with water utility customers throughout North America.