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Badger Meter, Inc. (BMI) is a manufacturing and production company in the pollution management systems industry, based in Milwaukee, United States, with about 2,477 full-time employees.
It reported revenue of $916.66 million for fiscal year 2025, up 10.9% from fiscal year 2024, and net income of $141.63 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $222.32 million, down 6.6% from a year before. United States was its largest region in fiscal year 2025, with 90% of revenue. Its market capitalization was $3.81 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide. The company offers Utility water smart metering solutions and software technologies and services to municipal water utility market.
Badger Meter reported $916.66 million in revenue for fiscal year 2025, up 10.9% from $826.56 million in fiscal year 2024. In Q2 2026 revenue was $222.32 million.
United States: 90% of revenue by region in fiscal year 2025, followed by Europe (5%).
$3.81 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (pollution management systems) include Aaon, Inc. (AAON), CSW Industrials, Inc. (CSW), Ceco Environmental Corp. (CECO), Thermon Group Holdings, Inc. (THR).