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Side-by-side financial comparison of BADGER METER INC (BMI) and Sprout Social, Inc. (SPT). Click either name above to swap in a different company.

BADGER METER INC is the larger business by last-quarter revenue ($234.1M vs $120.9M, roughly 1.9× Sprout Social, Inc.). On growth, BADGER METER INC posted the faster year-over-year revenue change (14.1% vs 12.9%). BADGER METER INC produced more free cash flow last quarter ($50.8M vs $9.9M). Over the past eight quarters, Sprout Social, Inc.'s revenue compounded faster (11.8% CAGR vs 9.2%).

Badger Meter Inc. is a leading global provider of flow measurement and control solutions, serving water utilities, industrial, commercial, and residential customer segments. Its core offerings include smart water meters, IoT-enabled usage monitoring systems, and supporting software that help clients track resource consumption, cut waste, and boost operational efficiency, with key markets spanning North America, Europe, and the Asia-Pacific region.

Sprout Social, Inc. is a technology company that runs a social media management platform. A public company headquartered in Chicago, it was founded in 2010 by Justyn Howard, Aaron Rankin, Gil Lara, and Peter Soung.

BMI vs SPT — Head-to-Head

Bigger by revenue
BMI
BMI
1.9× larger
BMI
$234.1M
$120.9M
SPT
Growing faster (revenue YoY)
BMI
BMI
+1.2% gap
BMI
14.1%
12.9%
SPT
More free cash flow
BMI
BMI
$40.9M more FCF
BMI
$50.8M
$9.9M
SPT
Faster 2-yr revenue CAGR
SPT
SPT
Annualised
SPT
11.8%
9.2%
BMI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BMI
BMI
SPT
SPT
Revenue
$234.1M
$120.9M
Net Profit
$33.6M
Gross Margin
39.7%
77.6%
Operating Margin
18.4%
-9.0%
Net Margin
14.3%
Revenue YoY
14.1%
12.9%
Net Profit YoY
9.3%
EPS (diluted)
$1.13
$-0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BMI
BMI
SPT
SPT
Q4 25
$234.1M
$120.9M
Q3 25
$222.2M
$115.6M
Q2 25
$238.1M
$111.8M
Q1 25
$222.2M
$109.3M
Q4 24
$205.2M
$107.1M
Q3 24
$208.4M
$102.6M
Q2 24
$216.7M
$99.4M
Q1 24
$196.3M
$96.8M
Net Profit
BMI
BMI
SPT
SPT
Q4 25
$33.6M
Q3 25
$35.1M
$-9.4M
Q2 25
$34.6M
$-12.0M
Q1 25
$38.4M
$-11.2M
Q4 24
$30.7M
Q3 24
$32.0M
$-17.1M
Q2 24
$33.1M
$-16.9M
Q1 24
$29.1M
$-13.6M
Gross Margin
BMI
BMI
SPT
SPT
Q4 25
39.7%
77.6%
Q3 25
43.1%
77.7%
Q2 25
41.1%
77.7%
Q1 25
42.9%
77.3%
Q4 24
40.3%
78.1%
Q3 24
40.2%
77.4%
Q2 24
39.4%
77.5%
Q1 24
39.3%
76.8%
Operating Margin
BMI
BMI
SPT
SPT
Q4 25
18.4%
-9.0%
Q3 25
20.7%
-7.9%
Q2 25
18.8%
-11.0%
Q1 25
22.2%
-10.2%
Q4 24
19.1%
-12.8%
Q3 24
19.5%
-16.4%
Q2 24
19.2%
-16.6%
Q1 24
18.6%
-13.7%
Net Margin
BMI
BMI
SPT
SPT
Q4 25
14.3%
Q3 25
15.8%
-8.1%
Q2 25
14.5%
-10.7%
Q1 25
17.3%
-10.3%
Q4 24
15.0%
Q3 24
15.4%
-16.6%
Q2 24
15.3%
-17.0%
Q1 24
14.8%
-14.0%
EPS (diluted)
BMI
BMI
SPT
SPT
Q4 25
$1.13
$-0.18
Q3 25
$1.19
$-0.16
Q2 25
$1.17
$-0.21
Q1 25
$1.30
$-0.19
Q4 24
$1.04
$-0.25
Q3 24
$1.08
$-0.30
Q2 24
$1.12
$-0.30
Q1 24
$0.99
$-0.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BMI
BMI
SPT
SPT
Cash + ST InvestmentsLiquidity on hand
$95.3M
Total DebtLower is stronger
$40.0M
Stockholders' EquityBook value
$713.3M
$203.4M
Total Assets
$973.6M
$523.1M
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BMI
BMI
SPT
SPT
Q4 25
$95.3M
Q3 25
$90.6M
Q2 25
$101.5M
Q1 25
$100.9M
Q4 24
$86.4M
Q3 24
$82.9M
Q2 24
$80.9M
Q1 24
$69.2M
Total Debt
BMI
BMI
SPT
SPT
Q4 25
$40.0M
Q3 25
Q2 25
Q1 25
Q4 24
$25.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BMI
BMI
SPT
SPT
Q4 25
$713.3M
$203.4M
Q3 25
$702.5M
$194.1M
Q2 25
$677.6M
$184.6M
Q1 25
$641.7M
$175.3M
Q4 24
$606.2M
$166.6M
Q3 24
$591.2M
$158.1M
Q2 24
$563.1M
$152.1M
Q1 24
$535.6M
$147.3M
Total Assets
BMI
BMI
SPT
SPT
Q4 25
$973.6M
$523.1M
Q3 25
$978.3M
$481.4M
Q2 25
$936.4M
$422.9M
Q1 25
$899.6M
$424.7M
Q4 24
$816.4M
$428.3M
Q3 24
$802.9M
$388.8M
Q2 24
$781.3M
$393.6M
Q1 24
$743.5M
$389.9M
Debt / Equity
BMI
BMI
SPT
SPT
Q4 25
0.20×
Q3 25
Q2 25
Q1 25
Q4 24
0.15×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BMI
BMI
SPT
SPT
Operating Cash FlowLast quarter
$54.8M
$10.9M
Free Cash FlowOCF − Capex
$50.8M
$9.9M
FCF MarginFCF / Revenue
21.7%
8.2%
Capex IntensityCapex / Revenue
1.7%
0.9%
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters
$169.7M
$39.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BMI
BMI
SPT
SPT
Q4 25
$54.8M
$10.9M
Q3 25
$51.3M
$9.3M
Q2 25
$44.6M
$5.1M
Q1 25
$33.0M
$18.1M
Q4 24
$52.1M
$4.1M
Q3 24
$45.1M
$9.0M
Q2 24
$36.4M
$2.1M
Q1 24
$21.5M
$11.2M
Free Cash Flow
BMI
BMI
SPT
SPT
Q4 25
$50.8M
$9.9M
Q3 25
$48.2M
$8.5M
Q2 25
$40.6M
$4.2M
Q1 25
$30.1M
$16.7M
Q4 24
$47.4M
$3.3M
Q3 24
$42.0M
$8.5M
Q2 24
$34.1M
$1.6M
Q1 24
$18.8M
$10.1M
FCF Margin
BMI
BMI
SPT
SPT
Q4 25
21.7%
8.2%
Q3 25
21.7%
7.4%
Q2 25
17.1%
3.7%
Q1 25
13.5%
15.3%
Q4 24
23.1%
3.0%
Q3 24
20.1%
8.3%
Q2 24
15.7%
1.6%
Q1 24
9.6%
10.4%
Capex Intensity
BMI
BMI
SPT
SPT
Q4 25
1.7%
0.9%
Q3 25
1.4%
0.7%
Q2 25
1.7%
0.8%
Q1 25
1.3%
1.2%
Q4 24
2.3%
0.8%
Q3 24
1.5%
0.5%
Q2 24
1.1%
0.5%
Q1 24
1.4%
1.1%
Cash Conversion
BMI
BMI
SPT
SPT
Q4 25
1.63×
Q3 25
1.46×
Q2 25
1.29×
Q1 25
0.86×
Q4 24
1.70×
Q3 24
1.41×
Q2 24
1.10×
Q1 24
0.74×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BMI
BMI

Transferred At Point In Time$198.6M85%
Transferred Over Time$22.1M9%
Other$13.4M6%

SPT
SPT

Segment breakdown not available.

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