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BADGER METER INC

For the period ended Mar 31, 2025. Filed Apr 18, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Apr 18, 2025

BMI$159.18+0.6%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Table of Contents

Index

Page No.
Part I. Financial Information:
Item 1Financial Statements (unaudited):4
Consolidated Condensed Balance Sheets - March 31, 2025 and December 31, 20244
Consolidated Condensed Statements of Operations - Three Months Ended March 31, 2025 and 20245
Consolidated Condensed Statements of Comprehensive Income - Three Months Ended March 31, 2025 and 20246
Consolidated Condensed Statements of Cash Flows - Three Months Ended March 31, 2025 and 20247
Consolidated Condensed Statements of Shareholders’ Equity – Three Months Ended March 31, 2025 and 20248
Notes to Unaudited Consolidated Condensed Financial Statements9
Item 2Management's Discussion and Analysis of Financial Condition and Results of Operations14
Item 3Quantitative and Qualitative Disclosures about Market Risk19
Item 4Controls and Procedures19
Part II. Other Information:
Item 1ARisk Factors20
Item 2Unregistered Sales of Equity Securities and Use of Proceeds20
Item 5Other Information20
Item 6Exhibits20
Signatures21

Special Note Regarding Forward Looking Statements

Certain statements contained in this Quarterly Report on Form 10-Q, as well as other information provided from time to time by Badger Meter, Inc. (the “Company” or "Badger Meter") or its employees, may contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those statements. The words “anticipate,” “believe,” “estimate,” “expect,” “think,” “should,” “could” and “objective” or similar expressions are intended to identify forward looking statements. All such forward looking statements are based on the Company's then current views and assumptions and involve risks and uncertainties. See Item 1A "Risk Factors" of the Company's Annual Report on Form 10-K for the year ended December 31, 2024 for further information regarding risks and uncertainties that could cause actual results to differ materially from those expressed or implied in forward looking statements. The Company disclaims any obligation to publicly update or revise any forward-looking statements as a result of new information, future events or any other reason.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.