What were Badger Meter's (NYSE:BMI) total sales and operating earnings for Q1 2026?

Badger Meter reported total sales of $202.3 million for Q1 2026, a 9% decline from the $222.2 million in Q1 2025. Operating earnings for the period were $35.2 million, with an operating profit margin of 17.4%, down from 22.2% in the previous year.

How did Badger Meter's profitability compare in Q1 2026 versus Q1 2025?

Badger Meter’s operating profit margin decreased significantly to 17.4% in Q1 2026, compared to 22.2% in the same period in 2025. Diluted earnings per share (EPS) also fell to $0.93, down from $1.30 in Q1 2025, reflecting the impact of reduced sales volume and compressed margins.

What factors contributed to the decline in Badger Meter’s sales and margins in Q1 2026?

The 9% decline in sales and the margin compression were primarily driven by a decrease in sales volume, which significantly impacted the company's profitability in comparison to the record-setting performance of Q1 2025.

How is Badger Meter positioning itself for future growth?

Despite the pullback in Q1 2026, Badger Meter is aggressively pursuing a transformation into a software-led smart water company, aiming to expand its digital offerings. This includes its strategic acquisition of UDlive, a specialist in AI-driven water and wastewater network monitoring.

Technology

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Badger Meter sales and earnings retreat amid strategic pivot to AI-driven monitoring

Written by Mahathir BayenaPublished Apr 17, 2026, 12:00 AMLast Updated Jul 6, 2026, 10:29 AM

Badger Meter (NYSE:BMI) reported first-quarter 2026 financial results that showed a pullback in both top-line revenue and operating margins compared to the prior year’s record-setting performance.

The Milwaukee-based provider of water flow measurement and control technology saw its total sales decline 9% to $202.3 million, down from $222.2 million in the first quarter of 2025.

The decrease in sales volume weighed heavily on the company's profitability.

Operating earnings for the period were $35.2 million, representing an operating profit margin of 17.4%.

This was a notable compression from the 22.2% margin and $49.4 million in operating earnings reported during the same quarter last year.

On the bottom line, diluted earnings per share (EPS) came in at $0.93, down from $1.30 in the year-ago period.

Despite the quarterly retreat in earnings, Badger Meter is aggressively pursuing a transformation into a software-led smart water company.

In tandem with its financial results, the company announced that it has entered into a definitive agreement to acquire UDlive, a specialist in AI-driven water and wastewater network monitoring.

The acquisition, which is expected to close at the end of April 2026, is a strategic move to broaden Badger Meter’s digital offerings.

UDlive’s technology focuses on real-time data analytics and sensor integration for wastewater management, an area of increasing focus for global utilities facing aging infrastructure and stricter environmental regulations.