Badger Meter, Inc.
Badger Meter, Inc. (NYSE: BMI) manufactures and markets flow measurement, water quality, control and communication solutions worldwide, with approximately 95% of net sales from water-related applications. Its products include water and fluid meters, water-quality instruments, leak-detection sensors, sewer-monitoring… From the company’s description.
Over the twelve months to Sep 30, 2026, Badger Meter, Inc. reported revenue of $881.24M, down 2.2% from a year earlier, and net income of $126.53M. Its operating margin was 18.8%, and operations generated $158.68M in cash. In fiscal 2025, it reported revenue of $916.66M, up 10.9% from fiscal 2024, and net income of $141.63M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Badger Meter, Inc. does
In the company’s own words
Badger Meter, Inc. (NYSE: BMI) manufactures and markets flow measurement, water quality, control and communication solutions worldwide, with approximately 95% of net sales from water-related applications. Its products include water and fluid meters, water-quality instruments, leak-detection sensors, sewer-monitoring equipment, radio endpoints, software and customer support services. Utility customers use its connected systems for metering, billing, leak detection and water-system operations; commercial and industrial customers use its instruments to measure and control fluids in applications including water and wastewater, HVAC and industrial processes. The company operates in one industry segment and organizes its offerings into two product lines: Utility Water, which accounted for approximately 89% of 2025 net sales, and Flow Instrumentation, which accounted for approximately 11%. Major offerings include the BlueEdge suite, ORION endpoints and BEACON cloud software. Founded in 1905, Badger Meter employed 2,477 people at December 31, 2025. Its website is http://www.badgermeter.com.
Company details
- Sector
- Information Technology
- Industry (SIC)
- Medical Instruments
- Headquarters
- MILWAUKEE, WI
- Fiscal year end
- December
- CIK
- 9092
- SIC
- 3824
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Badger Meter, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Badger Meter, Inc. · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Badger Meter, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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