Growth Metrics

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

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DateValue
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