Badger Meter annual r&d spending
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Badger Meter R&D Spending Growth & History (BMI)
Badger Meter's r&d spending was $21.6M for fiscal 2025.
View full Badger Meter company overviewBadger Meter annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $21.6M | $2.4M | +12.50% |
| 2024 | 2024-12-31 | $19.2M | $200,000 | +1.05% |
| 2023 | 2023-12-31 | $19.0M | $3.2M | +20.25% |
| 2022 | 2022-12-31 | $15.8M | $1.1M | +7.48% |
| 2021 | 2021-12-31 | $14.7M | $3.1M | +26.72% |
| 2020 | 2020-12-31 | $11.6M | −$300,000 | −2.52% |
| 2019 | 2019-12-31 | $11.9M | $800,000 | +7.21% |
| 2018 | 2018-12-31 | $11.1M | $500,000 | +4.72% |
| 2017 | 2017-12-31 | $10.6M | $0 | 0.00% |
| 2016 | 2016-12-31 | $10.6M | $0 | 0.00% |
| 2015 | 2015-12-31 | $10.6M | $1.1M | +11.58% |
| 2014 | 2014-12-31 | $9.5M | −$1.0M | −9.52% |
| 2013 | 2013-12-31 | $10.5M | $900,000 | +9.38% |
| 2012 | 2012-12-31 | $9.6M | $1.5M | +18.52% |
| 2011 | 2011-12-31 | $8.1M | $900,000 | +12.50% |
| 2010 | 2010-12-31 | $7.2M | — | — |
Badger Meter r&d spending trends
Over the last five fiscal years, Badger Meter's r&d spending increased from $11.6M to $21.6M, a change of $10.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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