Badger Meter Outlines Multi-Decade Growth, $917M 2025 Sales, and Recurring Revenue Strategy
BMI is trading near its 52-week low of $112.09 (5.3% above the low).
Summary
Badger Meter presented its long-term strategic vision at an Investor Day, outlining multi-decade growth driven by Cellular AMI and a significant pivot towards hardware-enabled recurring software revenue. The company highlighted strong 2025 financials with $917 million in sales and $218 million in EBITDA, representing a 17% CAGR from 2020-2025. This strategic update, which follows an 8-K filed earlier today, provides a positive forward-looking narrative after a recent decline in Q1 2026 earnings and a securities fraud investigation. The focus on recurring revenue, an expanded $10 billion total addressable market, and substantial M&A dry powder could significantly re-rate the company's prospects.
At the time of this announcement, BMI was trading at $118.06 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $3.4B. The 52-week trading range was $112.09 to $256.08. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.