BADGER METER INC (BMI) Form 10-Q — Jul 23, 2026
Badger Meter reported a decline in financial results for the second quarter and six months ended June 30, 2026, with net sales decreasing 6.6% to $222.3 million for the quarter and net earnings falling 14.2% to $29.7 million compared to the prior year period. The company cited uneven AMI project pacing and supply chain constraints impacting electronic components as primary factors for the revenue decline in its utility water product line. During the quarter, the company completed the acquisition of UDlive Limited for $94.4 million in cash to expand its sewer line monitoring capabilities, adding $2.0 million in revenue since the May 1 closing date.
Key figures
- Eps
- 1.95
- Revenue
- 424598000
- Net Income
- 57055000
- Cash Position
- 95733000
- Q2 eps
- $1.02
- Q2 revenue
- $222.3 million
- Q2 earnings
- $29.7 million
- Share repurchase amount
- $63.5 million
- Udlive acquisition cost
- $94.4 million
Price after filing
Close on the filing date to close N calendar days later (from $145.87). Historical, not a forecast.
AI analysis
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