Badger Meter Q2 sales fall 7% to $222.3 million; diluted EPS $1.02 vs. $1.17
Badger Meter reported second-quarter 2026 results with total sales of $222.3 million, down 7% from $238.1 million a year earlier, and diluted EPS of $1.02 versus $1.17. Sales rose 10% from the first quarter, and management expects full-year revenue excluding acquisitions to be flattish versus 2025, so the year-over-year decline in profit matters to shareholders.
Key points
- Total sales were $222.3 million, up 10% sequentially but down 7% year-over-year.
- Operating earnings fell 12% to $39.4 million; operating margin was 17.7% versus 18.8% a year earlier.
- Diluted EPS was $1.02, down from $1.17 in the second quarter of 2025.
- UDlive acquisition closed May 1, 2026; management expects full-year 2026 revenue excluding acquisitions to be flattish versus 2025.
The filing
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 July 22, 2026.
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.