Badger Meter Reports Q4 Earnings Miss Expectations

The water and gas meter manufacturer saw revenue and profit fall short of Wall Street forecasts.

Jan. 28, 2026 at 8:07am

Got story updates? Submit your updates here. ›

Badger Meter Inc., a Milwaukee-based manufacturer of products that measure gas and water flow, reported fourth-quarter net income of $33.6 million, or $1.14 per share, missing Wall Street expectations. The company's revenue for the quarter was $220.7 million, also falling short of analyst estimates. For the full year, Badger Meter reported a profit of $141.6 million, or $4.79 per share, on revenue of $916.7 million.

Why it matters

Badger Meter is a key player in the water and gas metering industry, so its quarterly and annual financial results provide insight into broader trends in utility infrastructure and industrial demand. The earnings miss suggests potential headwinds facing the company, which could impact its stock price and future growth prospects.

The details

Badger Meter's fourth-quarter net income of $33.6 million, or $1.14 per share, fell short of the average estimate of $1.15 per share from six analysts surveyed by Zacks Investment Research. The company's revenue of $220.7 million in the quarter also missed the $230.8 million expected by the six analysts polled. For the full year, Badger Meter reported a profit of $141.6 million, or $4.79 per share, on revenue of $916.7 million.

  • Badger Meter reported its fourth-quarter and full-year 2025 financial results on January 28, 2026.

The players

Badger Meter Inc.

A Milwaukee-based manufacturer of products that measure gas and water flow, including meters and related technologies.

Got photos? Submit your photos here. ›

The takeaway

Badger Meter's earnings miss in the fourth quarter suggests potential challenges facing the company, which could impact its stock price and future growth prospects in the water and gas metering industry.