| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 205,453 | 226,016 | 201,693 | 165,208 |
| Receivables, net of allowance for doubtful accounts | 110,290 | 112,356 | 115,056 | 117,667 |
| Finished goods | 24,965 | 23,087 | 26,180 | 24,499 |
| Work in process | 35,296 | 29,244 | 30,291 | 33,529 |
| Raw materials | 114,932 | 99,604 | 96,156 | 89,233 |
| Total inventories | 175,193 | 151,935 | 152,627 | 147,261 |
| Prepaid expenses and other current assets | 17,365 | 16,770 | 25,210 | 18,139 |
| Total current assets | 508,301 | 507,077 | 494,586 | 448,275 |
| Land and improvements | NaN | 9,544 | NaN | NaN |
| Building and improvements | NaN | 74,956 | NaN | NaN |
| Machinery and equipment | NaN | 163,950 | NaN | NaN |
| Property, plant and equipment, at cost | 251,978 | 248,450 | 246,217 | 244,748 |
| Less accumulated depreciation | 171,144 | 168,814 | 167,855 | 166,811 |
| Net property, plant and equipment | 80,834 | 79,636 | 78,362 | 77,937 |
| Intangible assets, at cost less accumulated amortization | 114,395 | 118,496 | 122,060 | 126,109 |
| Other assets | 18,520 | 18,653 | 13,955 | 15,708 |
| Deferred income taxes | 14,105 | 14,140 | 32,653 | 32,692 |
| Goodwill | 234,653 | 235,575 | 236,654 | 235,699 |
| Total assets | 970,808 | 973,577 | 978,270 | 936,420 |
| Payables | 106,490 | 72,299 | 69,786 | 74,125 |
| Accrued compensation and employee benefits | 15,663 | 37,619 | 33,524 | 23,825 |
| Warranty and after-sale costs, current | 8,375 | 8,466 | 8,926 | 9,828 |
| Other current liabilities | 38,891 | 32,332 | 41,186 | 30,932 |
| Total current liabilities | 169,419 | 150,716 | 153,422 | 138,710 |
| Long-term deferred revenue | 73,347 | 72,771 | 69,180 | 68,545 |
| Deferred income taxes | 3,359 | 3,477 | 24,065 | 24,109 |
| Accrued non-pension postretirement benefits | 2,496 | 2,499 | 3,395 | 3,340 |
| Other accrued employee benefits | 6,629 | 6,658 | 6,447 | 7,563 |
| Warranty and after-sale costs, long-term | 14,363 | 13,108 | 12,833 | 9,721 |
| Other long-term liabilities | 10,764 | 11,054 | 6,418 | 6,840 |
| Total long-term liabilities | 110,958 | 109,567 | NaN | NaN |
| Common stock, 1 par, authorized 80,000,000, issued 37,221,098 shares in 2026 and 2025 | 37,221 | 37,221 | 37,221 | 37,221 |
| Capital in excess of par value | 76,996 | 75,290 | 72,541 | 70,505 |
| Reinvested earnings | 661,540 | 645,876 | 624,054 | 600,763 |
| Accumulated other comprehensive income | 3,852 | 6,474 | 5,115 | 5,529 |
| Less treasury stock, at cost, 8,035,306 shares in 2026 and 7,834,360 in 2025 | 89,178 | 51,567 | 36,421 | 36,426 |
| Total shareholders equity | 690,431 | 713,294 | 702,510 | 677,592 |
| Total liabilities and shareholders equity | 970,808 | 973,577 | 978,270 | 936,420 |
BADGER METER INC (BMI)
BADGER METER INC (BMI)