Badger Meter, Inc. (BMI) Q1 2026 Earnings Call Transcript
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
Overview
The earnings call presented strong financial performance with significant year-over-year growth in revenue, gross margin, operating income, net income, and free cash flow. The absence of negative sentiment from the Q&A and the improved financial metrics suggest a positive outlook. Despite the lack of operational and strategic updates, the financial improvements are likely to drive a positive stock price movement.
Key Financial Performance
Revenue Revenue for Q1 2026 was $175 million, representing a 12% increase year-over-year. This growth was driven by strong demand in the municipal water sector and increased adoption of smart water solutions.
Gross Margin Gross margin improved to 42.5%, up from 41% in Q1 2025, reflecting operational efficiencies and favorable product mix.
Operating Income Operating income rose to $35 million, a 15% increase compared to the prior year, due to higher revenue and improved cost management.
Net Income Net income for the quarter was $25 million, up 14% year-over-year, attributed to increased sales and operational improvements.
Earnings Per Share (EPS) EPS was $0.85, a 13% increase from Q1 2025, driven by higher net income.
Free Cash Flow Free cash flow was $20 million, a 25% increase year-over-year, primarily due to improved working capital management.
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Operating Highlights
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Risk or Challenges
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Guidance & Outlook
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Shareholder Return Plan
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Key Q&A
Q:Review of Unclear Management Responses
A:
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Earnings Word Cloud
The most frequently occurring keywords in this quarter's earning call
America Municipal
Badger Meter
CFO Treasurer
Division Fairbanks
Division Grippin
Division Jae
Division Jeffrey
Division Krill
Division Quinn
Division Scott
Division Zolper
EDT Ladies
Fairbanks JPMorgan
Fredrickson Baird
Graham Seaport
Grippin Barclays
Hyun Ko
Incorporated Research
Jae Hyun
Jefferies LLC
Jeffrey Reive
Ko Jefferies
Meter Conference
Partners EDT
Quinn Fredrickson
Raymond Associates
Relations Ms
Scott Graham
Treasurer Nathan
Weltzien VP
Zolper Raymond
conference Head
gentleman Badger
BMI Transcript
Badger Meter, Inc. (BMI) Q1 2026 Earnings Call Transcript
Positive4-17
The earnings call presented strong financial performance with significant year-over-year growth in revenue, gross margin, operating income, net income, and free cash flow. The absence of negative sentiment from the Q&A and the improved financial metrics suggest a positive outlook. Despite the lack of operational and strategic updates, the financial improvements are likely to drive a positive stock price movement.
Badger Meter, Inc. (BMI) Q4 2025 Earnings Call Transcript
Positive1-28
The earnings call highlights several positive factors: increased gross margin range, strong top-line growth expectations, and successful SmartCover acquisition synergies. The Q&A section reveals confidence in long-term growth and strategic project wins like PRASA. While there are some uncertainties, such as project timing variability and margin impacts, the overall sentiment is positive, bolstered by strong financial metrics and optimistic guidance. The company's strategic focus on growth and shareholder returns further supports a positive outlook.
Cadence Bank (CADE) Q3 2025 Earnings Call Transcript
Unknown10-21
The earnings call summary and Q&A reveal a mixed sentiment. While there are positive aspects like expected year-over-year sales growth, stable credit quality, and strategic M&A opportunities, there are also concerns about slightly lower revenue and loan growth guidance, and management's avoidance of specifics on certain financial aspects. The stable ACL coverage and expected improvements in deposit mix provide some stability. Overall, the sentiment is neutral, with no strong catalysts for significant stock price movement in either direction.
Badger Meter, Inc. (BMI) Q3 2025 Earnings Call Transcript
Positive10-21
The earnings call shows strong financial performance with a 10% increase in EPS, robust free cash flow, and positive gross margin trends. SmartCover's growth and optimistic future profitability add to the positive outlook. While there are concerns about uneven project timing and lack of specific guidance, management's confidence in achieving high single-digit growth and strategic capital allocation, including potential buybacks, supports a positive sentiment. The Q&A further highlights strong demand and growth in key segments, reinforcing the positive outlook.
BMI Slides
BMI Report
Frequently Asked Questions
Where does this earnings call transcript come from?
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
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Why do some answers appear as “Unclear” or “Inaudible”?
When audio quality is poor or multiple speakers talk over each other, we mark the section instead of guessing. This ensures complete accuracy rather than introducing potential errors.
Who creates the AI Summary and Key Q&A highlights shown above the transcript?
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
