Badger Meter Reports Q1 2026 Earnings with Revenue Decline and Margin Pressure
Badger Meter (BMI) reported Q1 2026 earnings with total sales of $202 million, a 9% year-over-year decline, driven by the completion of major AMI projects and weaker short-cycle order rates. The company also saw a 120 basis point decline in gross margin to 41.7% and a 360 basis point increase in SEA expenses as a percentage of sales.
Tickers: $BMI
Topics: earnings report financial performance management commentary operating margin sales decline