Energy Recovery (ERII) Gross Margin (2010 - 2026)
Energy Recovery (ERII) posted quarterly Gross Margin of 27.84% for Q1 2026, down 2744.0% year-over-year from 1.05% in Q1 2025, and down 58.6% quarter-over-quarter from 67.24% in Q4 2025.
Energy Recovery (ERII) Gross Margin (2010 - 2026) Analysis & Trends
Energy Recovery (ERII) has reported Gross Margin for 17 consecutive years, with 27.84% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 2744.0% year-over-year to 27.84%; the TTM figure through Mar 2026 stood at 63.07% (down 381.0% YoY), while the FY2025 annual figure was 65.14%, down 173.0% from the prior year.
- Gross Margin fell to 27.84% in Q1 2026 per ERII's latest filing, from 67.24% in the prior quarter.
- Across five years, Gross Margin topped out at 70.82% in Q1 2022 and bottomed at 27.84% in Q1 2026.
- Historically, Gross Margin has averaged 63.48% across 5 years, with a median of 65.35% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin soared 185 bps — and 2026, when it tumbled 2744 bps.
- Energy Recovery's Gross Margin stood at 70.68% in 2022, then declined by 2 bps to 69.07% in 2023, then rose by 2 bps to 70.25% in 2024, then declined by 4 bps to 67.24% in 2025, then tumbled by 59 bps to 27.84% in 2026.
- Business Quant data shows ERII's Gross Margin at 27.84% in Q1 2026, 67.24% in Q4 2025, and 64.24% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.42 Bn | 22.30 Bn | 902.00 Mn | 61.19% |
| 2 | Zurn Elkay Water Solutions | 8.15 Bn | 7.79 Bn | 288.30 Mn | 58.72% |
| 3 | Federal Signal | 7.40 Bn | 7.34 Bn | 203.80 Mn | 30.41% |
| 4 | Ceco Environmental | 3.10 Bn | 3.04 Bn | 86.47 Mn | 30.34% |
| 5 | PureCycle Technologies | 1.24 Bn | 1.24 Bn | - | - |
| 6 | Aduro Clean Technologies | 530.42 Mn | 501.75 Mn | - | - |
| 7 | Energy Recovery | 404.50 Mn | 311.44 Mn | 8.96 Mn | 74.67% |
| 8 | Arq | 94.31 Mn | 93.40 Mn | 11.51 Mn | 38.52% |
| 9 | Fuel Tech | 43.34 Mn | 23.73 Mn | 2.68 Mn | 41.25% |
| 10 | 374Water | 33.45 Mn | 33.45 Mn | 1.98 Mn | 87.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 74.67% |
| Mar 31, 2026 | 27.84% |
| Dec 31, 2025 | 67.24% |
| Sep 30, 2025 | 64.24% |
| Jun 30, 2025 | 64.00% |
| Mar 31, 2025 | 55.28% |
| Dec 31, 2024 | 70.25% |
| Sep 30, 2024 | 65.08% |
| Jun 30, 2024 | 64.58% |
| Mar 31, 2024 | 59.02% |
| Dec 31, 2023 | 69.07% |
| Sep 30, 2023 | 69.88% |
| Jun 30, 2023 | 65.35% |
| Mar 31, 2023 | 60.85% |
| Dec 31, 2022 | 70.68% |
| Sep 30, 2022 | 69.09% |
| Jun 30, 2022 | 65.90% |
| Mar 31, 2022 | 70.82% |
| Dec 31, 2021 | 68.97% |
| Sep 30, 2021 | 70.70% |