Badger Meter (BMI) operating expenses was $199M in FY2025 (+16% YoY). The tables below show the complete quarterly and annual operating expenses history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual Operating Expenses
Fiscal Year
Operating Expenses
YoY
2025
$199M
+16%
2024
$171M
+8%
2023
$158M
+19%
2022
$133M
+5%
2021
$127M
+23%
2020
$103M
+2%
2019
$101M
-4%
2018
$105M
+6%
2017
$99M
+1%
2016
$98M
+5%
2015
$93M
+10%
2014
$85M
+9%
2013
$78M
+0%
2012
$78M
+25%
2011
$62M
+7%
2010
$58M
+6%
2009
$55M
Recent Quarterly Operating Expenses
Quarter
Operating Expenses
Q2 2026
$51M
Q1 2026
$49M
Q4 2025
$50M
Q3 2025
$50M
Q2 2025
$53M
Q1 2025
$46M
Q4 2024
$44M
Q3 2024
$43M
Q2 2024
$44M
Q1 2024
$41M
Q4 2023
$39M
Q3 2023
$41M
Source: BMI on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.