Energy Recovery (ERII) Free Cash Flow (2010 - 2026)
Energy Recovery (ERII) reported Free Cash Flow of $20.2 million for Q1 2026, up 92.84% year-over-year from $10.5 million in Q1 2025, and up 215.25% on a QoQ basis from $6.4 million in Q4 2025.
Energy Recovery (ERII) has 17 years of Free Cash Flow data on file, last reported at $20.2 million in Q1 2026.
- Quarterly Free Cash Flow rose 92.84% year-over-year to $20.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $27.2 million (up 7.56% YoY) and the FY2025 annual result came in at $17.4 million, down 14.73% from the prior year.
- Free Cash Flow rose to $20.2 million in Q1 2026 per ERII's latest filing, from $6.4 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $20.2 million in Q1 2026 and bottomed at -$4.7 million in Q2 2023.
- The 5-year median for Free Cash Flow is $6.4 million (2025), against an average of $5.3 million.
- The widest annual swing landed in 2022, when Free Cash Flow plunged 529.93%; it then jumped 518.21% in 2023.
- Tracing ERII's Free Cash Flow over 5 years: stood at $5.1 million in 2022, then soared by 141.6% to $12.4 million in 2023, then slipped by 18.68% to $10.1 million in 2024, then slumped by 36.35% to $6.4 million in 2025, then jumped by 215.25% to $20.2 million in 2026.
- Per Business Quant, the three latest ERII Free Cash Flow figures stand at $20.2 million (Q1 2026), $6.4 million (Q4 2025), and -$3.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 20.72 Bn | 19.29 Bn | 854.00 Mn | 170.00 Mn |
| 2 | Zurn Elkay Water Solutions | 7.83 Bn | 7.56 Bn | 205.80 Mn | 42.70 Mn |
| 3 | Federal Signal | 6.47 Bn | 6.40 Bn | 179.40 Mn | 94.60 Mn |
| 4 | Ceco Environmental | 2.82 Bn | 2.78 Bn | 63.92 Mn | -15.69 Mn |
| 5 | PureCycle Technologies | 2.21 Bn | 2.11 Bn | - | -46.09 Mn |
| 6 | Euro Tech Holdings | 1.36 Bn | 1.34 Bn | - | - |
| 7 | Energy Recovery | 421.81 Mn | 335.66 Mn | 2.70 Mn | 20.22 Mn |
| 8 | CleanCore Solutions | 173.22 Mn | 156.17 Mn | -419,259.00 | -137.87 Mn |
| 9 | Arq | 116.43 Mn | 111.76 Mn | 9.94 Mn | -676,000.00 |
| 10 | 374Water | 42.95 Mn | 42.95 Mn | -2.43 Mn | -5.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.22 Mn |
| Mar 31, 2026 | 20.22 Mn |
| Dec 31, 2025 | 6.42 Mn |
| Dec 31, 2025 | 6.42 Mn |
| Sep 30, 2025 | -3.47 Mn |
| Sep 30, 2025 | -3.47 Mn |
| Jun 30, 2025 | 4.01 Mn |
| Jun 30, 2025 | 4.01 Mn |
| Mar 31, 2025 | 10.49 Mn |
| Mar 31, 2025 | 10.49 Mn |
| Dec 31, 2024 | 10.08 Mn |
| Dec 31, 2024 | 10.08 Mn |
| Sep 30, 2024 | -3.17 Mn |
| Sep 30, 2024 | -3.17 Mn |
| Jun 30, 2024 | 7.87 Mn |
| Jun 30, 2024 | 7.87 Mn |
| Mar 31, 2024 | 5.67 Mn |
| Mar 31, 2024 | 5.67 Mn |
| Dec 31, 2023 | 12.39 Mn |
| Dec 31, 2023 | 12.39 Mn |
| Sep 30, 2023 | 7.42 Mn |
| Sep 30, 2023 | 7.42 Mn |
| Jun 30, 2023 | -4.70 Mn |
| Jun 30, 2023 | -4.70 Mn |
| Mar 31, 2023 | 8.38 Mn |
| Mar 31, 2023 | 8.38 Mn |
| Dec 31, 2022 | 5.13 Mn |
| Dec 31, 2022 | 5.13 Mn |
| Sep 30, 2022 | -1.77 Mn |
| Sep 30, 2022 | -1.77 Mn |
| Jun 30, 2022 | 8.62 Mn |
| Jun 30, 2022 | 8.62 Mn |
| Mar 31, 2022 | -3.58 Mn |
| Mar 31, 2022 | -3.58 Mn |
| Dec 31, 2021 | 10.71 Mn |
| Dec 31, 2021 | 10.71 Mn |
| Sep 30, 2021 | -6.70 Mn |
| Sep 30, 2021 | -6.70 Mn |
| Jun 30, 2021 | 9.67 Mn |
| Jun 30, 2021 | 9.67 Mn |
| Mar 31, 2021 | -568,000.00 |
| Mar 31, 2021 | -568,000.00 |
| Dec 31, 2020 | 12.22 Mn |
| Dec 31, 2020 | 12.22 Mn |
| Sep 30, 2020 | 9.04 Mn |
| Sep 30, 2020 | 9.04 Mn |
| Jun 30, 2020 | 2.55 Mn |
| Jun 30, 2020 | 2.55 Mn |
| Mar 31, 2020 | -7.25 Mn |
| Mar 31, 2020 | -7.25 Mn |
| Dec 31, 2019 | 2.88 Mn |
| Dec 31, 2019 | 2.88 Mn |
| Sep 30, 2019 | -316,000.00 |
| Sep 30, 2019 | -316,000.00 |
| Jun 30, 2019 | 2.84 Mn |
| Jun 30, 2019 | 2.84 Mn |
| Mar 31, 2019 | -7.52 Mn |
| Mar 31, 2019 | -7.52 Mn |
| Dec 31, 2018 | -185,000.00 |
| Dec 31, 2018 | -185,000.00 |
| Sep 30, 2018 | 10.93 Mn |
| Sep 30, 2018 | 10.93 Mn |
| Jun 30, 2018 | 3.75 Mn |
| Jun 30, 2018 | 3.75 Mn |
| Mar 31, 2018 | -6.96 Mn |
| Mar 31, 2018 | -6.96 Mn |
| Dec 31, 2017 | 11.44 Mn |
| Dec 31, 2017 | 11.44 Mn |
| Sep 30, 2017 | 746,000.00 |
| Sep 30, 2017 | 746,000.00 |
| Jun 30, 2017 | -4.41 Mn |
| Jun 30, 2017 | -4.41 Mn |
| Mar 31, 2017 | -5.36 Mn |
| Mar 31, 2017 | -5.36 Mn |
| Dec 31, 2016 | 3.47 Mn |
| Dec 31, 2016 | 3.47 Mn |
| Sep 30, 2016 | 1.19 Mn |
| Sep 30, 2016 | 1.19 Mn |
| Jun 30, 2016 | 648,000.00 |
| Jun 30, 2016 | 648,000.00 |
| Mar 31, 2016 | -412,000.00 |
| Mar 31, 2016 | -412,000.00 |
| Dec 31, 2015 | 76.74 Mn |
| Dec 31, 2015 | 76.74 Mn |
| Sep 30, 2015 | 121,000.00 |
| Sep 30, 2015 | 121,000.00 |
| Jun 30, 2015 | -7.22 Mn |
| Jun 30, 2015 | -7.22 Mn |
| Mar 31, 2015 | -1.16 Mn |
| Mar 31, 2015 | -1.16 Mn |
| Dec 31, 2014 | -1.15 Mn |
| Dec 31, 2014 | -1.15 Mn |
| Sep 30, 2014 | -236,000.00 |
| Sep 30, 2014 | -236,000.00 |
| Jun 30, 2014 | 3.64 Mn |
| Jun 30, 2014 | 3.64 Mn |
| Mar 31, 2014 | -5.97 Mn |
| Mar 31, 2014 | -5.97 Mn |
| Dec 31, 2013 | 400,000.00 |
| Dec 31, 2013 | 400,000.00 |
| Sep 30, 2013 | 5.13 Mn |
| Sep 30, 2013 | 5.13 Mn |
| Jun 30, 2013 | 768,000.00 |
| Jun 30, 2013 | 768,000.00 |
| Mar 31, 2013 | -4.24 Mn |
| Mar 31, 2013 | -4.24 Mn |
| Dec 31, 2012 | -620,000.00 |
| Dec 31, 2012 | -620,000.00 |
| Sep 30, 2012 | -751,000.00 |
| Sep 30, 2012 | -751,000.00 |
| Jun 30, 2012 | 1.41 Mn |
| Jun 30, 2012 | 1.41 Mn |
| Mar 31, 2012 | -4.75 Mn |
| Mar 31, 2012 | -4.75 Mn |
| Dec 31, 2011 | -3.88 Mn |
| Dec 31, 2011 | -3.88 Mn |
| Sep 30, 2011 | -164,000.00 |
| Sep 30, 2011 | -164,000.00 |
| Jun 30, 2011 | -2.64 Mn |
| Jun 30, 2011 | -2.64 Mn |
| Mar 31, 2011 | -3.54 Mn |
| Mar 31, 2011 | -3.54 Mn |
| Dec 31, 2010 | 6.60 Mn |
| Dec 31, 2010 | 6.60 Mn |
| Sep 30, 2010 | 2.84 Mn |
| Sep 30, 2010 | 2.84 Mn |