Badger Meter reported second quarter 2026 financial results with total sales of $222.3 million, a 7% decrease from $238.1 million in the prior year. Operating earnings declined 12% year-over-year to $39.4 million, and diluted EPS fell to $1.02 from $1.17. The company completed the acquisition of UDlive Limited on May 1, 2026, to expand sewer line monitoring capabilities. Management expects full-year revenue, excluding acquisitions, to be flattish versus 2025 and reiterated a long-term financial framework of high-single digit growth. The company also renewed an undrawn $150 million credit facility. Badger Meter provides comprehensive water management solutions, including smart measurement hardware and analytics software, for the global water sector.

On June 5, 2026, Badger Meter, Inc. amended and extended its $150 million multi-currency revolving credit facility to a new maturity date of July 8, 2031. The facility includes interest rates based on or plus 87.5 basis points above the Term SOFR Rate, Adjusted EURIBO Rate, or Daily Simple SONIA, depending on margin and margin-based interest rate structure. The company may elect to increase its Consolidated Net Debt to EBITDA Ratio limit from little to 3.00 to 1.00 from 3.50 to 1.00 for up to two times in a five-year period to support material acquisitions. Badger Meter, Inc. manufactures and sells flow measurement and control products for water and wastewater management and industrial applications.