Energy Recovery (ERII) Cost of Revenue (2010 - 2026)
Energy Recovery (ERII) reported Cost of Revenue of $5.1 million for Q1 2026, up 4.34% year-over-year from $4.9 million in Q1 2025, and up 221.3% on a QoQ basis from -$4.2 million in Q4 2025.
Energy Recovery (ERII) has 17 years of Cost of Revenue data on file, last reported at $5.1 million in Q1 2026.
- Quarterly Cost of Revenue rose 4.34% year-over-year to $5.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.0 million (down 76.2% YoY) and the FY2025 annual result came in at $20.9 million, down 56.42% from the prior year.
- Cost of Revenue improved to $5.1 million in Q1 2026 per ERII's latest filing, from -$4.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $29.3 million in Q4 2024 and bottomed at -$9.6 million in Q4 2022.
- The 5-year median for Cost of Revenue is $5.7 million (2025), against an average of $6.3 million.
- The widest annual swing landed in 2024, when Cost of Revenue jumped 333.66%; it then sank 114.38% in 2025.
- Tracing ERII's Cost of Revenue over 5 years: stood at -$9.6 million in 2022, then surged by 170.8% to $6.8 million in 2023, then jumped by 333.66% to $29.3 million in 2024, then plunged by 114.38% to -$4.2 million in 2025, then surged by 221.3% to $5.1 million in 2026.
- Per Business Quant, the three latest ERII Cost of Revenue figures stand at $5.1 million (Q1 2026), -$4.2 million (Q4 2025), and $5.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 20.72 Bn | 19.29 Bn | 854.00 Mn | 568.00 Mn |
| 2 | Zurn Elkay Water Solutions | 7.83 Bn | 7.56 Bn | 205.80 Mn | 227.20 Mn |
| 3 | Federal Signal | 6.47 Bn | 6.40 Bn | 179.40 Mn | 446.20 Mn |
| 4 | Ceco Environmental | 2.82 Bn | 2.78 Bn | 63.92 Mn | 142.00 Mn |
| 5 | PureCycle Technologies | 2.21 Bn | 2.11 Bn | - | - |
| 6 | Euro Tech Holdings | 1.36 Bn | 1.34 Bn | - | - |
| 7 | Energy Recovery | 421.81 Mn | 335.66 Mn | 2.70 Mn | 5.12 Mn |
| 8 | CleanCore Solutions | 173.22 Mn | 156.17 Mn | -419,259.00 | 962,953.00 |
| 9 | Arq | 116.43 Mn | 111.76 Mn | 9.94 Mn | 19.11 Mn |
| 10 | 374Water | 42.95 Mn | 42.95 Mn | -2.43 Mn | 742,486.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.12 Mn |
| Mar 31, 2026 | 5.12 Mn |
| Dec 31, 2025 | -4.22 Mn |
| Dec 31, 2025 | -4.22 Mn |
| Sep 30, 2025 | 5.71 Mn |
| Sep 30, 2025 | 5.71 Mn |
| Jun 30, 2025 | 5.36 Mn |
| Jun 30, 2025 | 5.36 Mn |
| Mar 31, 2025 | 4.91 Mn |
| Mar 31, 2025 | 4.91 Mn |
| Dec 31, 2024 | 29.35 Mn |
| Dec 31, 2024 | 29.35 Mn |
| Sep 30, 2024 | 6.41 Mn |
| Sep 30, 2024 | 6.41 Mn |
| Jun 30, 2024 | 9.63 Mn |
| Jun 30, 2024 | 9.63 Mn |
| Mar 31, 2024 | 6.15 Mn |
| Mar 31, 2024 | 6.15 Mn |
| Dec 31, 2023 | 6.77 Mn |
| Dec 31, 2023 | 6.77 Mn |
| Sep 30, 2023 | 5.41 Mn |
| Sep 30, 2023 | 5.41 Mn |
| Jun 30, 2023 | 5.09 Mn |
| Jun 30, 2023 | 5.09 Mn |
| Mar 31, 2023 | 4.89 Mn |
| Mar 31, 2023 | 4.89 Mn |
| Dec 31, 2022 | -9.56 Mn |
| Dec 31, 2022 | -9.56 Mn |
| Sep 30, 2022 | 9.42 Mn |
| Sep 30, 2022 | 9.42 Mn |
| Jun 30, 2022 | 6.92 Mn |
| Jun 30, 2022 | 6.92 Mn |
| Mar 31, 2022 | 9.50 Mn |
| Mar 31, 2022 | 9.50 Mn |
| Dec 31, 2021 | -10.09 Mn |
| Dec 31, 2021 | -10.09 Mn |
| Sep 30, 2021 | 3.00 Mn |
| Sep 30, 2021 | 3.00 Mn |
| Jun 30, 2021 | 7.18 Mn |
| Jun 30, 2021 | 7.18 Mn |
| Mar 31, 2021 | 8.98 Mn |
| Mar 31, 2021 | 8.98 Mn |
| Dec 31, 2020 | 2.35 Mn |
| Dec 31, 2020 | 2.35 Mn |
| Sep 30, 2020 | 2.14 Mn |
| Sep 30, 2020 | 2.14 Mn |
| Jun 30, 2020 | 1.50 Mn |
| Jun 30, 2020 | 1.50 Mn |
| Mar 31, 2020 | 2.14 Mn |
| Mar 31, 2020 | 2.14 Mn |
| Dec 31, 2019 | 2.72 Mn |
| Dec 31, 2019 | 2.72 Mn |
| Sep 30, 2019 | 2.37 Mn |
| Sep 30, 2019 | 2.37 Mn |
| Jun 30, 2019 | 2.18 Mn |
| Jun 30, 2019 | 2.18 Mn |
| Mar 31, 2019 | 2.16 Mn |
| Mar 31, 2019 | 2.16 Mn |
| Dec 31, 2018 | 1.90 Mn |
| Dec 31, 2018 | 1.90 Mn |
| Sep 30, 2018 | 1.87 Mn |
| Sep 30, 2018 | 1.87 Mn |
| Jun 30, 2018 | 1.86 Mn |
| Jun 30, 2018 | 1.86 Mn |
| Mar 31, 2018 | 1.91 Mn |
| Mar 31, 2018 | 1.91 Mn |
| Dec 31, 2017 | 2.70 Mn |
| Dec 31, 2017 | 2.70 Mn |
| Sep 30, 2017 | 2.06 Mn |
| Sep 30, 2017 | 2.06 Mn |
| Jun 30, 2017 | 2.17 Mn |
| Jun 30, 2017 | 2.17 Mn |
| Mar 31, 2017 | 2.45 Mn |
| Mar 31, 2017 | 2.45 Mn |
| Dec 31, 2016 | 5.97 Mn |
| Dec 31, 2016 | 5.97 Mn |
| Sep 30, 2016 | 2.51 Mn |
| Sep 30, 2016 | 2.51 Mn |
| Jun 30, 2016 | 4.24 Mn |
| Jun 30, 2016 | 4.24 Mn |
| Mar 31, 2016 | 3.67 Mn |
| Mar 31, 2016 | 3.67 Mn |
| Dec 31, 2015 | 6.80 Mn |
| Dec 31, 2015 | 6.80 Mn |
| Sep 30, 2015 | 2.20 Mn |
| Sep 30, 2015 | 2.20 Mn |
| Jun 30, 2015 | 4.84 Mn |
| Jun 30, 2015 | 4.84 Mn |
| Mar 31, 2015 | 2.53 Mn |
| Mar 31, 2015 | 2.53 Mn |
| Dec 31, 2014 | 5.72 Mn |
| Dec 31, 2014 | 5.72 Mn |
| Sep 30, 2014 | 3.01 Mn |
| Sep 30, 2014 | 3.01 Mn |
| Jun 30, 2014 | 3.33 Mn |
| Jun 30, 2014 | 3.33 Mn |
| Mar 31, 2014 | 1.65 Mn |
| Mar 31, 2014 | 1.65 Mn |
| Dec 31, 2013 | 8.71 Mn |
| Dec 31, 2013 | 8.71 Mn |
| Sep 30, 2013 | 1.97 Mn |
| Sep 30, 2013 | 1.97 Mn |
| Jun 30, 2013 | 3.29 Mn |
| Jun 30, 2013 | 3.29 Mn |
| Mar 31, 2013 | 3.36 Mn |
| Mar 31, 2013 | 3.36 Mn |
| Dec 31, 2012 | 2.18 Mn |
| Dec 31, 2012 | 2.18 Mn |
| Sep 30, 2012 | 4.70 Mn |
| Sep 30, 2012 | 4.70 Mn |
| Jun 30, 2012 | 5.64 Mn |
| Jun 30, 2012 | 5.64 Mn |
| Mar 31, 2012 | 3.50 Mn |
| Mar 31, 2012 | 3.50 Mn |
| Dec 31, 2011 | 1.63 Mn |
| Dec 31, 2011 | 1.63 Mn |
| Sep 30, 2011 | 4.21 Mn |
| Sep 30, 2011 | 4.21 Mn |
| Jun 30, 2011 | 2.01 Mn |
| Jun 30, 2011 | 2.01 Mn |
| Mar 31, 2011 | 2.07 Mn |
| Mar 31, 2011 | 2.07 Mn |
| Dec 31, 2010 | 2.24 Mn |
| Dec 31, 2010 | 2.24 Mn |
| Sep 30, 2010 | 1.86 Mn |
| Sep 30, 2010 | 1.86 Mn |
| Jun 30, 2010 | 6.68 Mn |
| Jun 30, 2010 | 6.68 Mn |