BADGER METER INC (BMI) Form 8-K — Oct 22, 2026
Badger Meter reported Q3 2026 sales of $235.9 million, essentially flat versus $235.7 million a year ago, but operating earnings rose 4% to $47.7 million with margins expanding 60 basis points to 20.2%. Diluted EPS came in at $1.24, up 4% from $1.19, and gross margin improved 120 basis points to 41.9% on higher sales and favorable mix. The company raised its annual dividend 10% to $1.76 per share, its 34th consecutive year of dividend growth, and repurchased approximately $55 million of stock during the quarter.
Key figures
- Eps
- 1.24
- Revenue
- 235938000
- Guidance
- Expects sequential and year-over-year Base revenue improvement in Q4 2026 and sustained growth momentum into 2027
- Net Income
- 35903000
- Total Assets
- 943648000
- Cash Position
- 67928000
- Base sales
- 230299000
- Q3 buyback
- 55547000
- Gross margin
- 41.9%
- Eps prior year
- 1.19
- Operating margin
- 20.2%
- Dividend increase
- +10% to $1.76/share annualized (34th consecutive year of growth)
- Nine month buyback
- 119014000
- Operating earnings
- 47742000
- Revenue prior year
- 235651000
- Base operating margin
- 20.9%
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