BADGER METER INC (BMI): Results of Operations and Financial Condition
BADGER METER INC (BMI) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.PRESSRELEASE 2 bmi-ex99_pressrelease.htm EX-99.PRESSRELEASE EX-99.PressRelease Exhibit 99.1 Badger Meter News Release Dan Weltzien, Vice President – CFO and Treasurer investors@badgermeter.com BADGER METER REPORTS SECOND QUARTER 2026 FINANCIAL RESULTS Milwaukee, WI, July 22
How this was made
The 30-second read
Why it matters
Traders can update expectations for Badger Meter’s 2026 revenue trajectory (ex-acquisitions flattish vs 2025) and margin outlook, while assessing whether AMI project phasing and integration progress translate into a stronger back-half run-rate.
Market read
The filing combines hard Q2 financials (sales, operating earnings, EPS, margins) with a directional full-year statement and acquisition integration update, which can drive near-term positioning into the earnings call.
What to watch
Base metrics exclude UDlive; investors may over-penalize GAAP declines without separating acquisition-related effects and intangible amortization, and should watch for order-rate and deployment commentary during the call.
Background
This is an SEC 8-K with Exhibit 99.1 press release covering Badger Meter’s Q2 2026 results and outlook, including the May 1, 2026 acquisition of UDlive Limited.
Ticker impact
Badger Meter reported Q2 2026 sales of $222.3M, EPS $1.02, and said full-year revenue ex-acquisitions is flattish versus 2025.
Near-term bias likely negative or cautious until investors gain confidence in the back-half revenue run-rate improvement and AMI deployment phasing.
The filing provides concrete GAAP and non-GAAP datapoints (sales, operating earnings, margins, EPS) plus a specific full-year directional outlook (flattish ex-acquisitions) and integration progress on UDlive, which can drive repricing versus prior expectations.
Market effects
Water metering and smart-water software demand appears uneven, with AMI project phasing cited as a key driver; could influence sentiment toward utility infrastructure tech names.
No specific regional demand shock disclosed; commentary is framed as global water-sector digital transformation.
Integration of UDlive and sewer line monitoring expansion may be read across to municipal infrastructure modernization budgets globally.
Counterpoint
The sequential sales step-up and “awarded projects beginning to proceed into deployment” could outweigh the year-over-year declines if investors focus on back-half ramp rather than the first-half pacing.
Key entities
- companyBadger Meter, Inc.
NYSE-listed water technology provider reporting Q2 2026 results and a flattish ex-acquisition full-year revenue outlook.
- acquisition_targetUDlive Limited
Acquired effective May 1, 2026, contributing two months of results and expanding sewer line monitoring capabilities.
