Badger Meter Inc (BMI)

Grabar Law Office Investigates Claims on Behalf of Long-Term Shareholders of Badger Meter, Inc. (NYSE: BMI)

What is Happening? Grabar Law Office is investigating claims on behalf of shareholders Badger Meter, Inc. (NYSE: BMI). The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.
If you purchased or acquired Badger Meter (NYSE: BMI) shares since prior to April 18, 2024, and still hold shares today, you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. Please visit https://grabarlaw.com/the-latest/bmi-shareholder-investigation/, contact Joshua Grabar at jgrabar @FH-6085 to learn more.

What is The Investigation About? A recently filed federal securities class action alleges that Badger Meter, Inc. (NYSE: BMI), through certain of its officers, repeatedly attributed its strong financial performance to favorable industry trends, robust customer demand, growing adoption of its AMI offerings, strong order activity, backlog conversion, and long-term growth opportunities. According to the complaint, investors were allegedly led to believe that the Company's financial performance reflected sustainable, demand-driven growth and strong underlying business fundamentals.
The complaint further alleges that Badger Meter's reported results were materially impacted by the acceleration or pull-forward of customer orders, which allegedly masked weakening demand trends and depleted future-period revenue opportunities. As a result, investors allegedly received an inaccurate picture of the Company's near-term growth prospects and the sustainability of its financial performance.
It is alleged that the truth emerged through a series of disappointing quarterly announcements during 2025 and 2026, including reports of slowing revenue growth, declining margins, lower utility water sales, weaker municipal customer ordering activity, and reduced earnings performance. Following these announcements, Badger Meter's stock price experienced significant declines.

What Can You Do Now? If you purchased or acquired Badger Meter (NYSE: BMI) shares since prior to April 18, 2024, and still hold shares today, you are encouraged to visit https://grabarlaw.com/the-latest/bmi-shareholder-investigation/, contact Joshua Grabar at jgrabar @FH-6085. You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. Alternatively, if you purchased Badger Meter stock between April 18, 2024 and April 16, 2026, you can participate in the class action.

#BMI #BadgerMeter $BMI

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Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: 267-507-6085
Email: jgrabar@grabarlaw.com

BMI Stock Drop: Badger Meter Investigated for Securities Fraud after Stock Plummets 24% on Product Demand IssuesJune 2, 2026 6:41 AM
PR Newswire (US) BFA Law is investigating whether Badger Meter committed securities fraud relating to its representations about demand for the company's products and its prospects for growth.NEW YORK, June 2, 2026 /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Badger Meter, Inc. (NYSE: BMI) for potential securities fraud after significant stock drops. If you invested in Badger Meter, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/badger-meter-class-action-lawsuit.Key Details of the Badger Meter ($BMI) Class Action Investigation:Investigation Overview: Securities fraud regarding Badger Meter's misrepresentations to investors regarding demand for its products and its prospects for growth.Stock Declines: July 22, 2025 – 16.5% Stock Drop; January 28, 2026 – 11% Stock Drop; April 17, 2026 – 24% Stock DropAction: Contact BFA Law to discuss your rightsWhy is Badger Meter Being Investigated for Securities Fraud? Badger Meter manufactures and sells water meters and related products. The company's core customer base consists primarily of municipal and regional water utilities.BFA is investigating whether Badger Meter made false and misleading statements to investors regarding demand for its products and its prospects for growth. Why did Badger Meter's Stock Drop?On July 22, 2025, Badger Meter reported its 2Q 2025 financial results. The company reported earnings below expectations, slowing revenue growth, deteriorating margins, and warned that it "expect[s] absolute sales to decline sequentially."This news caused the price of Badger Meter stock to decline $40.42 per share, or 16.5%, from a closing price of $245.22 per share on July 21, 2025, to $204.80 per share on July 22, 2025.On January 28, 2026, Badger Meter reported its 4Q and fiscal year 2025 financial results. For the quarter, the company missed revenue expectations and reported a "6% decline in utility water sales."This news caused the price of Badger Meter stock to decline $18.09 per share, or 11%, from a closing price of $164.41 per share on January 27, 2026, to $146.32 per share on January 28, 2026.On April 17, 2026, Badger Meter reported its 1Q 2026 financial results. The company reported earnings and revenue below expectations and disclosed a 9% year-over-year decline in total sales.This news caused the price of Badger Meter stock to decline $36.75 per share, or 24%, from a closing price of $152.29 per share on April 16, 2026, to $115.54 per share on April 17, 2026.Click here for more information: https://www.bfalaw.com/cases/badger-meter-class-action-lawsuit.What Can You Do?If you invested in Badger Meter, you may have legal options and are encouraged to submit your information to the firm.All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.Submit your information by visiting:https://www.bfalaw.com/cases/badger-meter-class-action-lawsuitWhy Bleichmar Fonti & Auld LLP?BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.For more information about BFA and its attorneys, please visit https://www.bfalaw.com.https://www.bfalaw.com/cases/badger-meter-class-action-lawsuitAttorney advertising. Past results do not guarantee future outcomes. View original content to download multimedia:https://www.prnewswire.com/news-releases/bmi-stock-drop-badger-meter-investigated-for-securities-fraud-after-stock-plummets-24-on-product-demand-issues-302788153.htmlSOURCE Bleichmar Fonti & Auld LLP Original: BMI Stock Drop: Badger Meter Investigated for Securities Fraud after Stock Plummets 24% on Product Demand Issues

BMI Notification: Badger Meter Product Demand Issues and Corresponding 24% Stock Drop Trigger Shareholder Investigation for Securities FraudMay 26, 2026 6:16 AM
PR Newswire (US) BFA Law is investigating whether Badger Meter committed securities fraud relating to its representations about demand for the company's products and its prospects for growth.NEW YORK, May 26, 2026 /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Badger Meter, Inc. (NYSE:BMI) for potential securities fraud after significant stock drops. If you invested in Badger Meter, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/badger-meter-class-action-lawsuit.Key Details of the Badger Meter ($BMI) Class Action Investigation:Investigation Overview: Securities fraud regarding Badger Meter's misrepresentations to investors regarding demand for its products and its prospects for growth.Stock Declines: July 22, 2025 – 16.5% Stock Drop; January 28, 2026 – 11% Stock Drop; April 17, 2026 – 24% Stock DropAction: Contact BFA Law to discuss your rightsWhy is Badger Meter Being Investigated for Securities Fraud? Badger Meter manufactures and sells water meters and related products. The company's core customer base consists primarily of municipal and regional water utilities.BFA is investigating whether Badger Meter made false and misleading statements to investors regarding demand for its products and its prospects for growth. Why did Badger Meter's Stock Drop?On July 22, 2025, Badger Meter reported its 2Q 2025 financial results. The company reported earnings below expectations, slowing revenue growth, deteriorating margins, and warned that it "expect[s] absolute sales to decline sequentially." This news caused the price of Badger Meter stock to decline $40.42 per share, or 16.5%, from a closing price of $245.22 per share on July 21, 2025, to $204.80 per share on July 22, 2025.On January 28, 2026, Badger Meter reported its 4Q and fiscal year 2025 financial results. For the quarter, the company missed revenue expectations and reported a "6% decline in utility water sales." This news caused the price of Badger Meter stock to decline $18.09 per share, or 11%, from a closing price of $164.41 per share on January 27, 2026, to $146.32 per share on January 28, 2026.On April 17, 2026, Badger Meter reported its 1Q 2026 financial results. The company reported earnings and revenue below expectations and disclosed a 9% year-over-year decline in total sales.This news caused the price of Badger Meter stock to decline $36.75 per share, or 24%, from a closing price of $152.29 per share on April 16, 2026, to $115.54 per share on April 17, 2026.Click here for more information: https://www.bfalaw.com/cases/badger-meter-class-action-lawsuit.What Can You Do?If you invested in Badger Meter, you may have legal options and are encouraged to submit your information to the firm.All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.Submit your information by visiting:https://www.bfalaw.com/cases/badger-meter-class-action-lawsuitWhy Bleichmar Fonti & Auld LLP?BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.For more information about BFA and its attorneys, please visit https://www.bfalaw.com.https://www.bfalaw.com/cases/badger-meter-class-action-lawsuitAttorney advertising. Past results do not guarantee future outcomes. View original content to download multimedia:https://www.prnewswire.com/news-releases/bmi-notification-badger-meter-product-demand-issues-and-corresponding-24-stock-drop-trigger-shareholder-investigation-for-securities-fraud-302780400.htmlSOURCE Bleichmar Fonti & Auld LLP Original: BMI Notification: Badger Meter Product Demand Issues and Corresponding 24% Stock Drop Trigger Shareholder Investigation for Securities Fraud

Badger Meter to Webcast 2026 Investor DayMay 21, 2026 7:30 AM
Business Wire Badger Meter, Inc. (NYSE: BMI) today announced that it will webcast its 2026 Investor Day beginning at 8:30 a.m. ET, concluding at approximately 12:00 p.m. ET. Members of Badger Meter’s executive leadership team will provide an overview of the Company’s strategy, long-term growth framework and financial outlook. Presentations will highlight Badger Meter’s ongoing evolution from a water meter manufacturer into an innovative smart water solutions provider, positioned to benefit from the ongoing digital transformation of the global water sector. The program will outline how the Company’s BlueEdge® suite of hardware-enabled software solutions, along with its differentiated selling model rooted in solving the most pressing water challenges for municipalities, enables Badger Meter to expand value and deepen customer relationships. “Our inaugural Investor Day marks an important milestone for Badger Meter as our long history of leadership in mission-critical water infrastructure converges with the digital transformation of the water sector,” said Kenneth C. Bockhorst, Chairman, President and Chief Executive Officer. “We look forward to sharing how our strong competitive position and world class portfolio of solutions positions us to deliver high-single digit growth over a five-year forward period.” The live webcast and presentation materials will be available in the Events and Presentations section of Badger Meter’s Investor Relations website. A replay of the webcast will be available following the conclusion of the event. Safe Harbor Statement Certain statements contained in this news release as well as other information provided from time to time by Badger Meter, Inc. (the “Company”) or its employees, may contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those statements. The words “anticipate,” “believe,” “estimate,” “expect,” “think,” “should,” “could” and “objective” or similar expressions are intended to identify forward looking statements. All such forward-looking statements are based on the Company’s then current views and assumptions and involve risks and uncertainties. The Company’s results are subject to its ability to develop and manufacture technologically advanced products that are accepted by the market, supply chain risk, legal and regulatory risks, political and general economic risks, risks related to doing business in foreign countries, including foreign currency risk, competition for skilled employees, material and labor cost increases, competitive pricing and operating efficiencies, the effects of climate change, cybersecurity attacks and disruptions to our information technology and the successful integration of acquisitions. See the Company’s Form 10-K filed with the SEC for further information regarding risk factors, which are incorporated herein by reference. The Company disclaims any obligation to publicly update or revise any forward-looking statements as a result of new information, future events or any other reason. About Badger Meter With more than a century of water technology innovation, Badger Meter provides comprehensive water management solutions through its BlueEdge® suite. This tailorable portfolio of smart measurement hardware, reliable communications, data visualization and analytics software and ongoing support and industry expertise give customers the edge in optimizing their operations and contributing to the sustainable use and protection of the world’s most precious resource. For more information, visit www.badgermeter.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260521316718/en/ Barbara Noverini, CFA
(414) 371-8144
bnoverini@badgermeter.com Original: Badger Meter to Webcast 2026 Investor Day

BMI Stock Alert: Badger Meter Investors with Losses are Notified of the Pending Securities Fraud Investigation Over Demand IssuesMay 19, 2026 3:46 PM
PR Newswire (US) BFA Law is investigating whether Badger Meter committed securities fraud relating to its representations about demand for the company's products and its prospects for growth.NEW YORK, May 19, 2026 /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Badger Meter, Inc. (NYSE:BMI) for potential securities fraud after significant stock drops. If you invested in Badger Meter, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/badger-meter-class-action-lawsuit.Key Details of the Badger Meter ($BMI) Class Action Investigation:Investigation Overview: Securities fraud regarding Badger Meter's misrepresentations to investors regarding demand for its products and its prospects for growth.Stock Declines: July 22, 2025 – 16.5% Stock Drop; January 28, 2026 – 11% Stock Drop; April 17, 2026 – 24% Stock DropAction: Contact BFA Law to discuss your rightsWhy is Badger Meter Being Investigated for Securities Fraud? Badger Meter manufactures and sells water meters and related products. The company's core customer base consists primarily of municipal and regional water utilities.BFA is investigating whether Badger Meter made false and misleading statements to investors regarding demand for its products and its prospects for growth. Why did Badger Meter's Stock Drop?On July 22, 2025, Badger Meter reported its 2Q 2025 financial results. The company reported earnings below expectations, slowing revenue growth, deteriorating margins, and warned that it "expect[s] absolute sales to decline sequentially." This news caused the price of Badger Meter stock to decline $40.42 per share, or 16.5%, from a closing price of $245.22 per share on July 21, 2025, to $204.80 per share on July 22, 2025.On January 28, 2026, Badger Meter reported its 4Q and fiscal year 2025 financial results. For the quarter, the company missed revenue expectations and reported a "6% decline in utility water sales." This news caused the price of Badger Meter stock to decline $18.09 per share, or 11%, from a closing price of $164.41 per share on January 27, 2026, to $146.32 per share on January 28, 2026.On April 17, 2026, Badger Meter reported its 1Q 2026 financial results. The company reported earnings and revenue below expectations and disclosed a 9% year-over-year decline in total sales.This news caused the price of Badger Meter stock to decline $36.75 per share, or 24%, from a closing price of $152.29 per share on April 16, 2026, to $115.54 per share on April 17, 2026.Click here for more information: https://www.bfalaw.com/cases/badger-meter-class-action-lawsuit.What Can You Do?If you invested in Badger Meter, you may have legal options and are encouraged to submit your information to the firm.All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.Submit your information by visiting:https://www.bfalaw.com/cases/badger-meter-class-action-lawsuitWhy Bleichmar Fonti & Auld LLP?BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.For more information about BFA and its attorneys, please visit https://www.bfalaw.com.https://www.bfalaw.com/cases/badger-meter-class-action-lawsuitAttorney advertising. Past results do not guarantee future outcomes. View original content to download multimedia:https://www.prnewswire.com/news-releases/bmi-stock-alert-badger-meter-investors-with-losses-are-notified-of-the-pending-securities-fraud-investigation-over-demand-issues-302776708.htmlSOURCE Bleichmar Fonti & Auld LLP Original: BMI Stock Alert: Badger Meter Investors with Losses are Notified of the Pending Securities Fraud Investigation Over Demand Issues

BMI Investigation Notice: BFA Announces Badger Meter Investigation on behalf of Investors after Demand Issues Disclosed – Contact the Firm if You Lost MoneyMay 19, 2026 2:33 PM
Business Wire BFA Law is investigating whether Badger Meter committed securities fraud relating to its representations about demand for the company’s products and its prospects for growth. Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Badger Meter, Inc. (NYSE:BMI) for potential securities fraud after significant stock drops. If you invested in Badger Meter, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/badger-meter-class-action-lawsuit. Key Details of the Badger Meter ($BMI) Class Action Investigation: Investigation Overview: Securities fraud regarding Badger Meter’s misrepresentations to investors regarding demand for its products and its prospects for growth. Stock Declines: July 22, 2025 – 16.5% Stock Drop; January 28, 2026 – 11% Stock Drop; April 17, 2026 – 24% Stock Drop Action: Contact BFA Law to discuss your rights Why is Badger Meter Being Investigated for Securities Fraud? Badger Meter manufactures and sells water meters and related products. The company’s core customer base consists primarily of municipal and regional water utilities. BFA is investigating whether Badger Meter made false and misleading statements to investors regarding demand for its products and its prospects for growth. Why did Badger Meter’s Stock Drop? On July 22, 2025, Badger Meter reported its 2Q 2025 financial results. The company reported earnings below expectations, slowing revenue growth, deteriorating margins, and warned that it “expect[s] absolute sales to decline sequentially.” This news caused the price of Badger Meter stock to decline $40.42 per share, or 16.5%, from a closing price of $245.22 per share on July 21, 2025, to $204.80 per share on July 22, 2025. On January 28, 2026, Badger Meter reported its 4Q and fiscal year 2025 financial results. For the quarter, the company missed revenue expectations and reported a “6% decline in utility water sales.” This news caused the price of Badger Meter stock to decline $18.09 per share, or 11%, from a closing price of $164.41 per share on January 27, 2026, to $146.32 per share on January 28, 2026. On April 17, 2026, Badger Meter reported its 1Q 2026 financial results. The company reported earnings and revenue below expectations and disclosed a 9% year-over-year decline in total sales. This news caused the price of Badger Meter stock to decline $36.75 per share, or 24%, from a closing price of $152.29 per share on April 16, 2026, to $115.54 per share on April 17, 2026. Click here for more information: https://www.bfalaw.com/cases/badger-meter-class-action-lawsuit. What Can You Do? If you invested in Badger Meter, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases/badger-meter-class-action-lawsuit Or contact: Adam McCall
adam@bfalaw.com
212.789.3619 Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com. https://www.bfalaw.com/cases/badger-meter-class-action-lawsuit Attorney advertising. Past results do not guarantee future outcomes. View source version on businesswire.com: https://www.businesswire.com/news/home/20260519838560/en/ Adam McCall
adam@bfalaw.com
212.789.3619 Original: BMI Investigation Notice: BFA Announces Badger Meter Investigation on behalf of Investors after Demand Issues Disclosed – Contact the Firm if You Lost Money

Badger Meter Completes Acquisition of UDliveMay 1, 2026 3:08 PM
Business Wire
Badger Meter, Inc. (NYSE: BMI) today announced that it has completed the previously-announced acquisition of UDlive, a UK-based provider of hardware-enabled software solutions for sewer line monitoring.


UDlive will be integrated into the BlueEdge® suite of water management solutions alongside SmartCover®. Together, SmartCover’s significant presence in the U.S. and UDlive’s leadership position in the U.K. create a leading footprint in key global markets, expanding Badger Meter’s presence in the fast-growing sewer line monitoring market.


About Badger Meter


With more than a century of water technology innovation, Badger Meter provides comprehensive water management solutions through its BlueEdge® suite. This tailorable portfolio of smart measurement hardware, reliable communications, data visualization and analytics software, and ongoing support and industry expertise gives customers the edge in optimizing their operations and contributing to the sustainable use and protection of the world’s most precious resource. For more information, visit www.badgermeter.com.


About UDlive


UDlive provides hardware-enabled software solutions for sewer line monitoring, delivering mission-critical, continuous, real-time insight into wastewater networks through low-power sensors and proprietary analytics. Its solutions help utilities proactively improve visibility, resilience, and operational efficiency across sewer systems amidst evolving regulatory expectations within regulated and resource-constrained environments.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260501499500/en/
Barbara Noverini, CFA

(414) 371-8144

bnoverini@badgermeter.com


Original: Badger Meter Completes Acquisition of UDlive

Badger Meter Declares Regular Quarterly DividendApril 24, 2026 4:15 PM
Business Wire
The Badger Meter, Inc. (NYSE:BMI) Board of Directors today declared a regular quarterly cash dividend of $0.40 per share to shareholders of record on May 22, 2026, payable June 5, 2026.


About Badger Meter


With more than a century of water technology innovation, Badger Meter provides comprehensive water management solutions through its BlueEdge® suite. This tailorable portfolio of smart measurement hardware, reliable communications, data visualization and analytics software and ongoing support and industry expertise give customers the edge in optimizing their operations and contributing to the sustainable use and protection of the world’s most precious resource. For more information, visit www.badgermeter.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260424052336/en/
Barbara Noverini, CFA

(414) 371-8144

bnoverini@badgermeter.com


Original: Badger Meter Declares Regular Quarterly Dividend

Badger Meter Reports First Quarter 2026 Financial ResultsApril 17, 2026 8:30 AM
Business Wire
Badger Meter, Inc. (NYSE: BMI) today reported results for the first quarter ended March 31, 2026.


First Quarter 2026 Highlights



Total sales of $202.3 million, 9% lower than the prior year’s $222.2 million.



Operating earnings of $35.2 million, with an operating profit margin of 17.4%, compared to operating earnings of $49.4 million and an operating margin of 22.2% in the prior year.



Diluted earnings per share (EPS) of $0.93, down from $1.30 in the first quarter of 2025.



Entered into a definitive agreement to acquire UDlive, which will close at the end of April 2026.



“Entering 2026, we expected project pacing dynamics to favor the back half of the year,” said Kenneth C. Bockhorst, Chairman, President and Chief Executive Officer. “Our first quarter results were consistent with that expectation, reflecting comparisons to the prior-year period when several since completed projects were still in active deployment. Additionally, we experienced weaker than anticipated short-cycle order rates in the first quarter of 2026.


"In our view, the year-over-year decline in revenue and associated operating leverage are related to variability in project timing and short-cycle customer order patterns and do not reflect a change in underlying demand, our competitive position, or the long-term market drivers for our business. We have a strong pipeline of awarded projects scheduled to launch in the second half of 2026, and our broader multi-year opportunity funnel remains robust.


"Against this near-term variability, we remain focused on advancing our strategy in ways that will strengthen our business for the long-term. In concert with that approach, we announced a definitive agreement to acquire UDlive, a UK-based provider of hardware-enabled software solutions for sewer line monitoring.


"UDlive complements SmartCover® by extending our sewer line monitoring capabilities across a broader range of use cases, network conditions and geographies. Together, SmartCover and UDlive elevate Badger Meter’s leadership position in a growing global market driven by aging infrastructure, evolving regulatory requirements and climate-related risks. UDlive also enhances our BlueEdge® suite of solutions, enabling utilities to access actionable intelligence across the water cycle. These solutions expand Badger Meter’s participation across the full water cycle and support the growth of higher-margin, recurring software revenue streams over time.”


First Quarter 2026 Operating Results

Utility water sales declined 10% year-over-year, reflecting project timing and softer short-cycle municipal customer ordering, partially offset by SaaS, SmartCover, water quality and network monitoring performance.


Sales of flow instrumentation products decreased 4%, with modest growth in water-related markets more than offset by lower demand in the de-emphasized array of market applications.


Gross margin of 41.7% was near the upper end of our normalized range of 39-42%, compared to a record 42.9% in the prior-year quarter.


Selling, Engineering and Administration (SEA) expenses declined sequentially, but increased year-over-year by $3.1 million, inclusive of acquisition costs and an additional month of SmartCover SEA expense to $49.2 million, representing 24.3% of sales.


Operating margin of 17.4% primarily reflected the year-over-year decline in sales combined with the increase in SEA expenses.


The effective tax rate for the first quarter of 2026 was 24.8%, compared to 24.4% in the prior year. Net earnings were $27.3 million, resulting in diluted earnings per share of $0.93.


Outlook

Bockhorst concluded, “Our focus remains on disciplined execution while continuing to advance our long-term strategic initiatives. Our strong balance sheet provides us the ability to continue to invest in our business, return cash to shareholders and acquire businesses in our attractive M&A funnel. This balanced approach positions us to manage near-term variability, while building momentum throughout the year and creating durable value for our stakeholders.


"As awarded projects advance into deployment, we expect revenue to improve sequentially. Increasing project activity and a more normalized mix will support a stronger revenue run-rate as we exit 2026, with full-year revenue, excluding acquisitions, relatively flat versus 2025. The uneven nature of project timing and order patterns does not diminish our positive view of long-term demand and our competitive advantages within the North American smart water market."


Conference Call and Webcast Information

Badger Meter management will hold a conference call to discuss the Company’s first quarter 2026 results today, Friday, April 17, 2026 at 10:00 AM Central/11:00 AM Eastern time. A live listen-only webcast and the related presentation will be available on the Events & Presentations section of the Company’s investor relations website. Those wishing to actively participate in the conference call must pre-register using the following link: https://events.q4inc.com/analyst/462611018?pwd=u9LwCqog


Safe Harbor Statement

Certain statements contained in this news release, as well as other information provided from time to time by Badger Meter, Inc. (the “Company”) or its employees, may contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those statements. The Company’s results are subject to general economic conditions, variation in demand from customers, continued market acceptance of new products, the successful integration of acquisitions, competitive pricing and operating efficiencies, supply chain risk, material and labor cost increases, tax reform and foreign currency risk. See the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission for further information regarding risk factors, which are incorporated herein by reference. Badger Meter disclaims any obligation to publicly update or revise any forward-looking statements as a result of new information, future events or any other reason.


About Badger Meter

With more than a century of water technology innovation, Badger Meter provides comprehensive water management solutions through its BlueEdge® suite. This tailorable portfolio of smart measurement hardware, reliable communications, data visualization and analytics software and ongoing support and industry expertise give customers the edge in optimizing their operations and contributing to the sustainable use and protection of the world’s most precious resource. For more information, visit www.badgermeter.com.













BADGER METER, INC.








 






 






 






 






 








CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS








(in thousands, except share and earnings per share data)








 






 






 






 






 








 






 






Three Months Ended March 31,








 






 






2026






 






2025








 






 






(Unaudited)






 






(Unaudited)








 






 






 






 






 








Net sales






 






$






202,277






 






 






$






222,211






 








 






 






 






 






 








Cost of sales






 






 






117,950






 






 






 






126,774






 








 






 






 






 






 








Gross margin






 






 






84,327






 






 






 






95,437






 








 






 






 






 






 








Selling, engineering and administration






 






 






49,156






 






 






 






46,012






 








 






 






 






 






 








Operating earnings






 






 






35,171






 






 






 






49,425






 








 






 






 






 






 








Interest income, net






 






 






(1,138






)






 






 






(1,334






)








Other pension and postretirement income






 






 






(28






)






 






 






(28






)








 






 






 






 






 








Earnings before income taxes






 






 






36,337






 






 






 






50,787






 








 






 






 






 






 








Provision for income taxes






 






 






9,002






 






 






 






12,389






 








 






 






 






 






 








Net earnings






 






$






27,335






 






 






$






38,398






 








 






 






 






 






 








Earnings per share:






 






 






 






 








 






 






 






 






 








Basic






 






$






0.94






 






 






$






1.31






 








 






 






 






 






 








Diluted






 






$






0.93






 






 






$






1.30






 








 






 






 






 






 








Shares used in computation of earnings per share:








 






 






 






 






 








Basic






 






 






29,214,558






 






 






 






29,378,491






 








 






 






 






 






 








Diluted






 






 






29,365,170






 






 






 






29,564,797






 









 



 



 



 



BADGER METER, INC.








 






 






 






 






 






 








CONSOLIDATED CONDENSED BALANCE SHEETS








(in thousands)








 






 






 






 






 






 








Assets






March 31,






 






December 31,








 






2026






 






2025








 






(Unaudited)






 






 






 








 






 






 






 






 






 








Cash and cash equivalents






$






205,453






 






 






$






226,016






 








Receivables






 






110,290






 






 






 






112,356






 








Inventories






 






175,193






 






 






 






151,935






 








Other current assets






 






17,365






 






 






 






16,770






 








Total current assets






 






508,301






 






 






 






507,077






 








 






 






 






 






 






 








Net property, plant and equipment






 






80,834






 






 






 






79,636






 








Intangible assets, at cost less accumulated amortization






 






114,395






 






 






 






118,496






 








Other long-term assets






 






32,625






 






 






 






32,793






 








Goodwill






 






234,653






 






 






 






235,575






 








Total assets






$






970,808






 






 






$






973,577






 








 






 






 






 






 






 








 






 






 






 






 






 








Liabilities and Shareholders' Equity






 






 






 






 






 








 






 






 






 






 






 








Payables






$






106,490






 






 






$






72,299






 








Accrued compensation and employee benefits






 






15,663






 






 






 






37,619






 








Other current liabilities






 






47,266






 






 






 






40,798






 








Total current liabilities






 






169,419






 






 






 






150,716






 








 






 






 






 






 






 








Deferred income taxes






 






3,359






 






 






 






3,477






 








Long-term deferred revenue, employee benefits and other






 






107,599






 






 






 






106,090






 








Shareholders' equity






 






690,431






 






 






 






713,294






 








Total liabilities and shareholders' equity






$






970,808






 






 






$






973,577






 








 


 


 


 



BADGER METER, INC.








 






 






 






 








CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS








(in thousands)








 






 






 






 








 






Three Months Ended March 31,








 






2026






 






2025








 






(Unaudited)






 






(Unaudited)








Operating activities:






 






 






 








Net earnings






$






27,335






 






 






$






38,398






 








 






 






 






 








Adjustments to reconcile net earnings to net cash provided by operations:






 






 






 








 






 






 






 








Depreciation






 






2,820






 






 






 






2,804






 








Amortization






 






6,235






 






 






 






5,478






 








Noncurrent employee benefits






 






5






 






 






 






37






 








Stock-based compensation expense






 






2,168






 






 






 






1,828






 








Changes in:






 






 






 








Receivables






 






1,795






 






 






 






(20,497






)








Inventories






 






(23,695






)






 






 






(120






)








Payables






 






34,263






 






 






 






16,294






 








Prepaid expenses and other assets






 






(3,199






)






 






 






(4,107






)








Other liabilities






 






(13,834






)






 






 






(7,088






)








Total adjustments






 






6,558






 






 






 






(5,371






)








Net cash provided by operations






 






33,893






 






 






 






33,027






 








 






 






 






 








Investing activities:






 






 






 








Property, plant and equipment expenditures






 






(4,427






)






 






 






(2,966






)








Acquisitions, net of cash acquired






 






-






 






 






 






(184,937






)








Net cash used for investing activities






 






(4,427






)






 






 






(187,903






)








 






 






 






 








Financing activities:






 






 






 








Dividends paid






 






(11,709






)






 






 






(10,017






)








Proceeds from exercise of stock options






 






140






 






 






 






68






 








Repurchase of common stock for treasury stock






 






(38,213






)






 






 






-






 








Net cash used for financing activities






 






(49,782






)






 






 






(9,949






)








Effect of foreign exchange rates on cash






 






(247






)






 






 






878






 








 






 






 






 








Decrease in cash and cash equivalents






 






(20,563






)






 






 






(163,947






)








Cash and cash equivalents - beginning of period






 






226,016






 






 






 






295,305






 








 






 






 






 








Cash and cash equivalents - end of period






$






205,453






 






 






$






131,358






 








 






 






 






 










 


 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260417095796/en/
Barbara Noverini, CFA

(414) 371-8144

bnoverini@badgermeter.com


Original: Badger Meter Reports First Quarter 2026 Financial Results

Badger Meter to Expand Leadership Position in Global Sewer Line Monitoring with Acquisition of UDliveApril 17, 2026 8:30 AM
Business Wire
Badger Meter, Inc. (NYSE: BMI) today announced that it has signed a definitive agreement to acquire UDlive Limited (“UDlive”), a UK-based provider of hardware-enabled software solutions for sewer line monitoring, for $100 million, plus contingent consideration. The transaction is expected to close at the end of April 2026.


The acquisition, funded by cash on hand, will expand Badger Meter’s presence in the fast-growing sewer line monitoring market and will further strengthen the Company’s BlueEdge® suite of water management solutions alongside SmartCover®. Together, SmartCover’s significant presence in the U.S. and UDlive’s leadership position in the U.K. combine to create the leading footprint in sewer line monitoring in key global markets.


UDlive delivers low-power, easy-to-install, water level sensors at the manhole and pairs them with proprietary visualization and analytics software that provide utilities with continuous, real-time insight into sewer network conditions. Since the company’s launch in 2017, UDlive has established a leading position in sewer line monitoring in the United Kingdom. The value and differentiation of UDlive’s sewer line monitoring technology is evidenced by a 90% tender success rate since inception and routinely high technology assessment scores from utilities and consultants. In fiscal 2026 (ended Feb 28, 2026), the company reported $22 million of revenue and generated positive operating profit.


Together with SmartCover, UDlive will enhance Badger Meter’s range of sewer line monitoring capabilities by offering utilities a comprehensive set of solutions tailored to varying network requirements, deployment environments, and operational objectives. Badger Meter expects to leverage its global commercial footprint to accelerate UDlive’s adoption beyond the U.K. in targeted international markets.


The combined portfolio is positioned to benefit from the same secular trends driving SmartCover adoption, including aging infrastructure, increasing regulatory scrutiny, climate-driven weather variability, and the growing need for cost-effective, data-driven approaches to wastewater system management. These trends are accelerating global adoption of sewer line monitoring as utilities seek to improve resilience, reduce overflow events, and optimize capital and operating expenditures.


“UDlive is a strong strategic fit with our BlueEdge portfolio and is a natural addition to SmartCover,” said Kenneth C. Bockhorst, Chairman, President and Chief Executive Officer of Badger Meter.


“Together, SmartCover and UDlive will create an industry-leading global portfolio of sewer line monitoring capabilities, offering a range of solutions across a broader set of use cases and geographies, while leveraging the same underlying secular drivers that continue to support long-term adoption. This acquisition further advances our strategy of providing utilities with hardware-enabled software solutions that deliver actionable intelligence across the water cycle.”


“We are excited to join Badger Meter and become part of a broader platform focused on intelligent water infrastructure,” said Philip Bennett, CEO and co-founder of UDlive. “SmartCover and UDlive address complementary aspects of sewer line monitoring, and together we can deliver greater value to utilities seeking remote, reliable and relevant solutions to manage increasingly complex wastewater networks.”


Conference Call and Webcast Information


Badger Meter management will hold a conference call to discuss the acquisition and the Company’s first quarter 2026 results today, Friday, April 17, 2026 at 10:00 AM Central/11:00 AM Eastern time. A live listen-only webcast and the related presentation will be available on the Events & Presentations section of the Company’s investor relations website.


About Badger Meter


With more than a century of water technology innovation, Badger Meter provides comprehensive water management solutions through its BlueEdge® suite. This tailorable portfolio of smart measurement hardware, reliable communications, data visualization and analytics software, and ongoing support and industry expertise gives customers the edge in optimizing their operations and contributing to the sustainable use and protection of the world’s most precious resource. For more information, visit www.badgermeter.com.


About UDlive


UDlive provides hardware-enabled software solutions for sewer line monitoring, delivering mission-critical, continuous, real-time insight into wastewater networks through low-power sensors and proprietary analytics. Its solutions help utilities proactively improve visibility, resilience, and operational efficiency across sewer systems amidst evolving regulatory expectations within regulated and resource-constrained environments.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260417501618/en/
Barbara Noverini, CFA

(414) 371-8144

bnoverini@badgermeter.com


Original: Badger Meter to Expand Leadership Position in Global Sewer Line Monitoring with Acquisition of UDlive

Badger Meter Declares Regular Quarterly Dividend and Expands Share Repurchase AuthorizationFebruary 13, 2026 4:45 PM
Business Wire
The Badger Meter, Inc. (NYSE:BMI) Board of Directors today declared a regular quarterly cash dividend of $0.40 per share to shareholders of record on February 27, 2026, payable March 13, 2026.


In addition, the Board approved an increase to the Company’s share repurchase authorization by $75 million. This incremental authorization adds to the existing $75 million that was approved by the Board in November 2025, bringing the total share repurchase authorization to $150 million through November 30, 2028. Under the expanded authorization, the Company has repurchased 205,000 shares for approximately $30.3 million during the first quarter of 2026, with $119.7 million remaining available.


The share repurchase program authorizes the Company to purchase shares of outstanding common stock from time to time in the open market, through privately negotiated transactions, or via other methods in accordance with applicable securities laws and other relevant legal requirements. The timing, frequency and amount of share repurchases will depend on capital allocation priorities, market conditions, share price and trading volume, amongst other factors. The announcement of this share repurchase program does not obligate the Company to execute any specific dollar amount or number of shares or complete the program, and it may be extended, modified, suspended, or discontinued at any time.


Forward Looking Statements


Certain statements contained in this news release, as well as other information provided from time to time by Badger Meter, Inc. or its employees, may contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those statements. The words “anticipate,” “believe,” “estimate,” “expect,” “think,” “should,” “could” and “objective” or similar expressions are intended to identify forward looking statements. All such forward-looking statements are based on the Company’s then current views and assumptions and involve risks and uncertainties. The Company’s results are subject to its ability to develop and manufacture technologically advanced products that are accepted by the market, supply chain risk, legal and regulatory risks, political and general economic risks, risks related to doing business in foreign countries, including foreign currency risk, competition for skilled employees, material and labor cost increases, competitive pricing and operating efficiencies, the effects of climate change, cybersecurity attacks and disruptions to our information technology and the successful integration of acquisitions. See the Company’s Form 10-K filed with the SEC for further information regarding risk factors, which are incorporated herein by reference. The Company disclaims any obligation to publicly update or revise any forward-looking statements as a result of new information, future events or any other reason.


About Badger Meter


With more than a century of water technology innovation, Badger Meter provides comprehensive water management solutions through its BlueEdge® suite. This tailorable portfolio of smart measurement hardware, reliable communications, data visualization and analytics software and ongoing support and industry expertise give customers the edge in optimizing their operations and contributing to the sustainable use and protection of the world’s most precious resource. For more information, visit www.badgermeter.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260213228971/en/
Barbara Noverini, CFA

(414) 371-8144

bnoverini@badgermeter.com


Original: Badger Meter Declares Regular Quarterly Dividend and Expands Share Repurchase Authorization

Earnings were fine as far as I can tell but stock sold off hard today, Yesterday the stock received an upgrade and popped. So somebody made coin and kindly dumped their position. I had sold off my position at $240 during July because of farmer concerns but company seems to have managed well. I think the P/E multiple just got too high based on historical levels.   But still a great company.

Stock has done a heathy consolidation under $210, earnings soon, think stock can challenge all time high around $240.

Long at 207 from a couple days ago.

>>> Badger Meter, Inc. (BMI) manufactures and markets flow measurement, quality, control, and communication solutions worldwide. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities market. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives.

In addition, the company offers ORION Cellular endpoints to power network as a service; ORION mobile read endpoints support for deploying AMR solution; radio products; hardware, instruments, and sensors, and related software, to enhance connected data to a water utility's operation; water quality monitoring solutions, including optical sensing and electrochemical instruments; and high frequency pressure and leak detection sensors to aid in burst pipe and leak events; as well as BEACON, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets.

The company serves water utilities, commercial, and industrial industries; and provides training, project management, technical support, and other collaborative services for customers. It sells its products and software directly, as well as through resellers and representatives. The company was incorporated in 1905 and is based in Milwaukee, Wisconsin.

<<<


https://finance.yahoo.com/quote/BMI/profile/


---

BMI new 52 week high

Breaking News: $BMI Badger Meter Inc (BMI) Q3 2020 Earnings Call Transcript

Image source: The Motley Fool. Badger Meter Inc (NYSE: BMI) Q3 2020 Earnings Call Oct 16, 2020 , 11:00 a.m. ET Operator Continue reading For further details see: Badger Meter Inc (BMI) Q3 2020 Earnings Call Transcript

In case you are interested BMI - Badger Meter Inc (BMI) Q3 2020 Earnings Call Transcript

News; $BMI Badger Meter Reports Third Quarter 2020 Results

Badger Meter, Inc. (NYSE: BMI) today reported results for the third quarter ended September 30, 2020. Third Quarter 2020 Highlights Resiliency of municipal water market evident with consolidated third quarter 2020 sales of $113.6 million, an increase of 5% compared to ...

In case you are interested BMI - Badger Meter Reports Third Quarter 2020 Results

its a utility groaner

$BMI 3yr weekly

marked & on watch!

Zacks Reiterates Neutral on Badger Meter (BMI)
Daily Political - 36 minutes ago

http://www.dailypolitical.com/finance/stock-market/zacks-reiterates-neutral-on-badger-meter-bmi.htm

~ Wednesday! $BMI ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $BMI ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








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~ Google Finance: http://www.google.com/finance?q=BMI
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=BMI#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=BMI+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=BMI
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~ BusyStock: http://busystock.com/i.php?s=BMI&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=BMI >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

Badger Meter, Inc. is a manufacturer and marketer of products incorporating liquid flow measurement and control technologies serving markets globally. Its products are used in a range of applications, including water, oil and chemicals. Water applications include water meters and related technologies and services used by water utilities as the basis for generating water and wastewater revenues. Specialty applications include the sale of meters and related technologies and services for measuring a range of fluids in industries, such as food and beverage, pharmaceutical production, petroleum, heating, ventilating and air conditioning (HVAC), and measuring and dispensing automotive fluids. On April 1, 2010, the Company purchased Cox Instruments, LLC of Scottsdale, Arizona, and its subsidiary Flow Dynamics, Inc. In January 2011, Generational Equity announced the sale of its client, Cox Instruments, LLC to Badger Meter, Inc.

http://www.google.com/finance?q=BMI