Badger Meter Q2 FY26 EPS falls 13% to $1.02; net sales drop 7% to $222.3 million
BMI•Q2 results
- Badger Meter posted Q2 net earnings of $29.72 million, down 14.06% year-over-year; diluted EPS fell to $1.02.
- Net sales slipped 6.63% from a year earlier to $222.32 million, though they climbed 10% sequentially.
- Operating earnings declined 12% year-over-year to $39.38 million; operating margin narrowed 1.1 percentage points to 17.7%.
Acquisition and outlook
- The company completed the UDlive acquisition effective May 1, extending sewer line monitoring capabilities.
- Badger Meter also held its inaugural investor day and reiterated its expectation for high-single-digit long-term growth.
- Its outlook calls for a better revenue run-rate in the second half, with full-year revenue excluding acquisitions seen roughly flat versus 2025.
