Energy Recovery (ERII) Cost of Revenue (2010 - 2026)
Energy Recovery (ERII) posted Cost of Revenue of $3.04 million for Q2 2026, down 69.9% from $10.1 million a year earlier and down 56.6% from the prior quarter.
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Analysis
Energy Recovery (ERII) Cost of Revenue (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Energy Recovery was $43.4 million, down 7.9% year-over-year; for FY2025, it came in at $47.06 million, down 2.0% from FY2024.
- Annual Cost of Revenue shows a five-year compound annual growth rate of 10.7% (FY2020 to FY2025).
- In prior years, Energy Recovery's Cost of Revenue was $48.02 million in FY2024 (+16.3%), $41.27 million in FY2023 (+7.9%), $38.24 million in FY2022 (+17.0%) and $32.67 million in FY2021 (+15.7%).
- The Q2 2026 figure stands as the lowest quarterly Cost of Revenue since Q1 2015.
- On a year-over-year basis, Cost of Revenue increased in five of the last eight quarters, with growth averaging 3.8%.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q1 2026, with growth of 94.2%; the weakest was Q2 2026, with a decline of 69.9%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $7 million (Q1 2026), $21.91 million (Q4 2025) and $11.44 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.97 Bn | 78.95 Bn | 2.07 Bn | 2.63 Bn |
| 2 | Veralto | 28.80 Bn | 21.43 Bn | 908.00 Mn | 601.00 Mn |
| 3 | Xylem | 23.13 Bn | 18.86 Bn | 907.00 Mn | 1.29 Bn |
| 4 | Badger Meter | 4.57 Bn | 3.97 Bn | 98.85 Mn | 137.09 Mn |
| 5 | Ceco Environmental | 2.30 Bn | 2.12 Bn | 86.47 Mn | 198.49 Mn |
| 6 | NWPX Infrastructure | 882.96 Mn | 841.04 Mn | 38.19 Mn | 141.20 Mn |
| 7 | Energy Recovery | 374.69 Mn | 37.14 Mn | 4.20 Mn | 7.00 Mn |
| 8 | Cadiz | 320.18 Mn | 285.30 Mn | -24,000.00 | 1.00 Mn |
| 9 | AirJoule Technologies | 179.57 Mn | 59.19 Mn | - | - |
| 10 | LanzaTech Global | 58.06 Mn | -39.57 Mn | 1.91 Mn | 7.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.00 Mn |
| Jun 30, 2026 | 3.04 Mn |
| Mar 31, 2026 | 7.00 Mn |
| Dec 31, 2025 | 21.91 Mn |
| Sep 30, 2025 | 11.44 Mn |
| Jun 30, 2025 | 10.10 Mn |
| Mar 31, 2025 | 3.61 Mn |
| Dec 31, 2024 | 19.96 Mn |
| Sep 30, 2024 | 13.47 Mn |
| Jun 30, 2024 | 9.63 Mn |
| Mar 31, 2024 | 4.96 Mn |
| Dec 31, 2023 | 17.69 Mn |
| Sep 30, 2023 | 11.15 Mn |
| Jun 30, 2023 | 7.18 Mn |
| Mar 31, 2023 | 5.25 Mn |
| Dec 31, 2022 | 12.40 Mn |
| Sep 30, 2022 | 9.42 Mn |
| Jun 30, 2022 | 6.92 Mn |
| Mar 31, 2022 | 9.50 Mn |
| Dec 31, 2021 | 10.42 Mn |
API Access
Energy Recovery Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ERII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "ERII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ERII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();