Badger Meter's Q1 earnings miss estimates, stock drops over 24%.

Badger Meter reported disappointing Q1 2026 results with earnings per share of $0.93, missing estimates by $0.26, and revenue of $202.03 million, falling short by $28.58 million. The company noted a 10% decline in utility water sales due to project timing and weaker municipal orders. Following the report, Badger Meter's stock price dropped more than 24%. Investors who suffered losses may have legal rights under federal securities laws, prompting an investigation by Kessler Topaz Meltzer & Check, LLP.