vs
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
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| Q4 25 | — | $40.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $25.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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
| Transferred At Point In Time | $198.6M | 85% |
| Transferred Over Time | $22.1M | 9% |
| Other | $13.4M | 6% |
SPT
Segment breakdown not available.