Badger Meter beats Q2 2026 earnings and revenue estimates despite lower yearly sales.

Badger Meter reported Q2 2026 earnings per share of $1.02 and revenue of $222.32 million, both slightly above analyst expectations. Although revenue declined 7% year-over-year, the company saw a 9% sequential increase in base sales due to new advanced metering infrastructure projects. Management expects continued revenue improvement throughout 2026. The company maintains strong financial health with a P/E ratio of 29.56 and a current ratio of 2.42, signaling good short-term liquidity.