Financial PerformanceBMI reported 2Q25 results with revenue modestly above consensus and a higher gross profit margin driven by remote monitoring software services revenue.
Innovation And Market PositionBMI is a pioneering water technology company with over 120 years of history, consistently leading the industry in water metering innovation.
Market ShareBMI operates in a three-headed oligopoly, sharing ~85% of the North American market, and has proven to be an innovation leader in the space.