AI brief of an SEC Form 8-K · Badger Meter (BMI)

Badger Meter Q3 sales rise 13% to $235.7 million; raises normalized gross margin range

Positive Impact 4 of 5 earnings Written later

Badger Meter reported third-quarter 2025 results, with sales up 13% to $235.7 million and diluted EPS up 10% to $1.19. Excluding the SmartCover acquisition, sales rose 8%, and the company raised its normalized gross margin range to 39-42% from 38-40%. The company also increased its annual dividend rate 18% to $1.60 per share.

Key points

  • Total sales $235.7 million, up 13% from $208.4 million; Base sales (excluding SmartCover) $224.5 million, up 8%
  • Diluted EPS $1.19 versus $1.08 a year earlier, up 10%
  • Normalized gross margin range raised to 39-42% from 38-40%
  • Annual dividend rate increased 18% to $1.60 per share, the 33rd consecutive year of dividend growth

The filing

CompanyBadger Meter (BMI)
Form8-K, current report
Filed with the SECOct 21, 2025, 8:31 AM ET
Accession number0001193125-25-244317

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 21, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.