Energy Recovery (ERII) Gross Margin (2010 - 2026)
Energy Recovery (ERII) posted Gross Margin of 74.67% for Q2 2026, up 10.66 percentage points from 64.00% a year earlier and up 46.83 percentage points from the prior quarter.
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Analysis
Energy Recovery (ERII) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Energy Recovery was 64.01%, down 2.75 percentage points year-over-year; for FY2025, it came in at 65.14%, down 1.73 percentage points from FY2024.
- Annual Gross Margin has declined for three consecutive years, though with a five-year change of +11.49 percentage points (FY2020 to FY2025).
- In prior years, Energy Recovery's Gross Margin was 66.87% in FY2024 (-0.97 pp), 67.85% in FY2023 (-1.71 pp), 69.56% in FY2022 (+1.00 pp) and 68.56% in FY2021 (+14.90 pp).
- The Q2 2026 figure stands as the highest quarterly Gross Margin in data going back to Q2 2010.
- On a year-over-year basis, Gross Margin increased in two of the last eight quarters, with an average year-over-year change of -3.57 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q2 2026, with a gain of 10.66 percentage points; the weakest was Q1 2026, with a drop of 27.44 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 27.84% (Q1 2026), 67.24% (Q4 2025) and 64.24% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.97 Bn | 78.95 Bn | 2.07 Bn | 44.08% |
| 2 | Veralto | 28.80 Bn | 21.43 Bn | 908.00 Mn | 60.17% |
| 3 | Xylem | 23.13 Bn | 18.86 Bn | 907.00 Mn | 41.21% |
| 4 | Badger Meter | 4.57 Bn | 3.97 Bn | 98.85 Mn | 41.90% |
| 5 | Ceco Environmental | 2.30 Bn | 2.12 Bn | 86.47 Mn | 30.34% |
| 6 | NWPX Infrastructure | 882.96 Mn | 841.04 Mn | 38.19 Mn | 21.29% |
| 7 | Energy Recovery | 374.69 Mn | 37.14 Mn | 4.20 Mn | 37.49% |
| 8 | Cadiz | 320.18 Mn | 285.30 Mn | -24,000.00 | -2.45% |
| 9 | AirJoule Technologies | 179.57 Mn | 59.19 Mn | - | - |
| 10 | LanzaTech Global | 58.06 Mn | -39.57 Mn | 1.91 Mn | 21.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 37.49% |
| 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% |
API Access
Energy Recovery Gross Margin 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=gross-margin&ticker=ERII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=ERII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();