Welcome to our dedicated page for Badger Mete SEC filings (Ticker: BMI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Badger Meter, Inc. (NYSE: BMI) SEC filings page on Stock Titan provides access to the company’s official regulatory disclosures as a manufacturer in the totalizing fluid meter and counting device space. Badger Meter files reports with the U.S. Securities and Exchange Commission as a Wisconsin corporation under Commission File Number 1-6706, and these documents offer detailed insight into its smart water management business, financial condition and governance practices.
Through this page, you can review annual reports on Form 10-K and quarterly reports on Form 10-Q, which typically include discussions of net sales, operating earnings, gross margin, cash flows, balance sheet structure, and segment information. For Badger Meter, these filings also describe the role of its BlueEdge suite, utility water and flow instrumentation products, and the impact of acquisitions such as SmartCover on its financial profile.
Current reports on Form 8-K are especially important for tracking material events. For example, Badger Meter has used 8-K filings to report quarterly financial results and to disclose executive leadership changes and amended Key Executive Employment Agreements. These agreements outline change-in-control and severance provisions for the Chief Executive Officer and other executive officers, including severance multiples, benefit continuation, outplacement services and post-termination restrictions.
Investors can also use this page to monitor insider transaction filings on Form 4, proxy statements on Schedule 14A addressing executive compensation and governance, and other exhibits referenced in 8-Ks, such as the full text of key executive agreements. Stock Titan enhances these filings with AI-powered summaries that explain complex sections in plain language, highlight key changes from prior periods, and surface items related to revenue drivers, capital allocation, and risk factors.
Filings are updated in near real time from the SEC’s EDGAR system, allowing users to see new 10-Ks, 10-Qs, 8-Ks and Form 4 submissions as they appear. This makes the Badger Meter filings page a practical resource for investors, analysts and other stakeholders who want to understand the company’s smart water management business, leadership structure and long-term strategic disclosures directly from its official regulatory documents.
Todd A. Adams, a director of Badger Meter Inc. (BMI), received phantom stock units under the company’s director deferred compensation plan on 10/01/2025. The filing reports two entries of phantom stock activity: an accrual of units tied to his $16,000 Q4 2025 non-employee director retainer computed at the $178.54 closing price on 9/30/2025, and additional units from routine dividend-equivalent payments. Each phantom stock unit is the economic equivalent of one share of common stock and becomes payable in cash upon the reporting person’s termination of service as a director. Following the reported transactions the filing shows positions of 15,784.387 and 15,886.833 phantom stock units, held directly.
Badger Meter (BMI) Q2 2025 10-Q snapshot: Net sales rose 9.9% YoY to $238.1 million as utility-water demand, BEACON SaaS growth and the newly acquired SmartCover business ($10.6 million revenue) offset flat flow-instrumentation sales. Gross margin widened 170 bp to 41.1%, lifting operating earnings 8.1% to $44.9 million, though higher SmartCover amortisation and head-count drove SEA up 21%, trimming operating margin 40 bp to 18.8%.
Net earnings increased 4.6% to $34.6 million, or $1.17 diluted EPS. For the six-month period, revenue grew 11.5% to $460.3 million and EPS advanced 17% to $2.47 with gross margin at 42.0%.
Balance-sheet & cash-flow highlights: January’s $184 million cash purchase of SmartCover doubled goodwill to $235.7 million and reduced cash to $165.2 million (vs $295.3 million YE-24). Operating cash flow improved 34% YoY to $77.6 million, but free cash outflow followed acquisition spending and $20.0 million dividends. Shareholders’ equity climbed to $677.6 million; no long-term debt disclosed. Contract liabilities rose to $91.9 million, underpinning multi-year recurring SaaS revenue.
Key metrics:
- Utility-water sales: $212.2 m (+11.4%)
- Flow instrumentation sales: $25.9 m (-1.0%)
- Effective tax rate: 24.5%
- Dividend raised to $0.34/share
Management flags tariff/input-cost pressure but expects favorable mix (SaaS, ultrasonic meters) and SmartCover synergies to support margins.