Badger Meter Q3 sales come in at $235.9 million

• Badger Meter reported third-quarter 2026 sales of $235.9 million, compared with $235.7 million a year earlier, while revenue increased 6% sequentially.
• Operating earnings rose 4% to $47.7 million, while diluted earnings per share increased to $1.24 from $1.19.
• Badger Meter increased its annual dividend rate by 10% to $1.76 per share, marking its 34th consecutive year of dividend growth.

Badger Meter (NYSE:BMI) reported third-quarter 2026 sales of $235.9 million, compared with $235.7 million a year earlier, while operating earnings increased 4%.

Revenue increased 6% from the second quarter, supported by water utility project deliveries and demand for flow instrumentation products.

Operating earnings reached $47.7 million, with operating margin improving to 20.2% from 19.6%, while diluted earnings per share increased to $1.24.

Badger Meter increased its annual dividend rate to $1.76 per share, a 10% rise, marking its 34th consecutive annual increase.

Utility water sales remained flat year over year, including $5.6 million from UDlive, while flow instrumentation revenue increased 2%.

The company previously introduced its OneNetwork water monitoring platform and continued expanding its BlueEdge portfolio of water management technologies.