The earnings call highlighted strong sales growth, successful integration of SmartCover, and gross margin expansion, tempered by increased SEA expenses, operating margin decline, expected sequential sales decline, and trade uncertainties.
Company Guidance -
Q3 2025
During the Badger Meter Second Quarter 2025 Earnings Conference Call, the company provided guidance indicating strong financial performance with a 10% year-over-year sales growth, or 5% excluding the SmartCover acquisition. Sales reached $238 million, and utility water product line sales increased by 11% year-over-year. Gross margins expanded by 170 basis points to 41.1%, though they experienced a sequential decline from the first quarter's 42.9%. Operating earnings rose by 8% to $44.9 million, with operating margins slightly down by 40 basis points to 18.8%. Free cash flow saw a robust 19% increase to $40.6 million, and consolidated EPS improved to $1.17 from $1.12 in the prior year. The income tax provision increased to 24.5% from 23.8% the previous year. The company maintained its normalized gross margin range of 38% to 40%, citing ongoing tariff-related uncertainties. Looking forward, Badger Meter expects sales to decline sequentially in the third quarter but still anticipates year-over-year growth, excluding SmartCover, with continued conviction in high single-digit revenue growth over the long term.
Record Sales Growth
Total sales increased 10% year-over-year to $238 million, with utility water product line sales up 11% year-over-year.
Gross Margin Expansion
Gross margins expanded to 41.1%, an increase of 170 basis points from the prior year's 39.4%.
Successful SmartCover Integration
SmartCover sales contributed significantly in its first full quarter under ownership, with promising integration and market response.
Free Cash Flow Increase
Free cash flow increased 19% year-over-year to $40.6 million.
Launch and Growth of BlueEdge
The BlueEdge suite has shown meaningful momentum and elevated the company's reputation as a trusted partner.
Badger Meter (BMI) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BMI Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jul 22, 2025
$244.68
$204.35
-16.48%
Apr 17, 2025
$183.24
$200.91
+9.64%
Jan 31, 2025
$207.50
$212.80
+2.55%
Oct 17, 2024
$218.29
$204.56
-6.29%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Badger Meter (BMI) report earnings?
Badger Meter (BMI) is schdueled to report earning on Oct 16, 2025, After Close (Confirmed).
What is Badger Meter (BMI) earnings time?
Badger Meter (BMI) earnings time is at Oct 16, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.