Growth Metrics

Energy Recovery (ERII) Net Margin (2010 - 2026)

Energy Recovery (ERII) reported Net Margin of 126.22% for Q1 2026, down 372.0% year-over-year from 46.4% in Q1 2025, and down 413.61% on a QoQ basis from 40.25% in Q4 2025.

Energy Recovery (ERII) has 17 years of Net Margin data on file, last reported at 126.22% in Q1 2026.

  • Quarterly Net Margin fell 372.0% year-over-year to 126.22% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.07% (down 14.0% YoY) and the FY2025 annual result came in at 17.01%, up 111.0% from the prior year.
  • Net Margin retreated to 126.22% in Q1 2026 per ERII's latest filing, from 40.25% in the prior quarter.
  • Across five years, Net Margin topped out at 40.25% in Q4 2025 and bottomed at 126.22% in Q1 2026.
  • The 5-year median for Net Margin is 12.11% (2025), against an average of 8.02%.
  • The widest annual swing landed in 2022, when Net Margin soared 1678 bps; it then plunged 7124 bps in 2023.
  • Tracing ERII's Net Margin over 5 years: stood at 32.45% in 2022, then advanced by 7 bps to 34.63% in 2023, then gained by 1 bps to 34.99% in 2024, then rose by 15 bps to 40.25% in 2025, then slumped by 414 bps to 126.22% in 2026.
  • Per Business Quant, the three latest ERII Net Margin figures stand at 126.22% (Q1 2026), 40.25% (Q4 2025), and 12.11% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Veralto 20.72 Bn 19.29 Bn 854.00 Mn 17.86%
2 Zurn Elkay Water Solutions 7.83 Bn 7.56 Bn 205.80 Mn -
3 Federal Signal 6.47 Bn 6.40 Bn 179.40 Mn 596.61%
4 Ceco Environmental 2.82 Bn 2.78 Bn 63.92 Mn -0.12%
5 PureCycle Technologies 2.21 Bn 2.11 Bn - -939.04%
6 Euro Tech Holdings 1.36 Bn 1.34 Bn - -
7 Energy Recovery 421.81 Mn 335.66 Mn 2.70 Mn -126.22%
8 CleanCore Solutions 173.22 Mn 156.17 Mn -419,259.00 -3,477.57%
9 Arq 116.43 Mn 111.76 Mn 9.94 Mn -2.90%
10 374Water 42.95 Mn 42.95 Mn -2.43 Mn 495.84%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -126.22%
Dec 31, 2025 40.25%
Sep 30, 2025 12.11%
Jun 30, 2025 7.32%
Mar 31, 2025 -122.50%
Dec 31, 2024 34.99%
Sep 30, 2024 21.98%
Jun 30, 2024 -2.36%
Mar 31, 2024 -68.32%
Dec 31, 2023 34.63%
Sep 30, 2023 26.08%
Jun 30, 2023 -8.03%
Mar 31, 2023 -46.98%
Dec 31, 2022 32.45%
Sep 30, 2022 15.72%
Jun 30, 2022 -11.63%
Mar 31, 2022 24.25%
Dec 31, 2021 15.67%
Sep 30, 2021 5.15%
Jun 30, 2021 5.19%
Mar 31, 2021 23.72%
Dec 31, 2020 13.07%
Sep 30, 2020 19.65%
Jun 30, 2020 69.37%
Mar 31, 2020 2.88%
Dec 31, 2019 -3.12%
Sep 30, 2019 20.72%
Jun 30, 2019 16.31%
Mar 31, 2019 13.41%
Dec 31, 2018 17.31%
Sep 30, 2018 20.95%
Jun 30, 2018 75.82%
Mar 31, 2018 -6.73%
Dec 31, 2017 64.27%
Sep 30, 2017 108.60%
Jun 30, 2017 30.46%
Mar 31, 2017 3.45%
Dec 31, 2016 34.85%
Sep 30, 2016 -5.25%
Jun 30, 2016 3.81%
Mar 31, 2016 -19.56%
Dec 31, 2015 2.05%
Sep 30, 2015 -2.81%
Jun 30, 2015 -31.73%
Mar 31, 2015 -141.25%
Dec 31, 2014 -31.33%
Sep 30, 2014 -103.07%
Jun 30, 2014 -71.97%
Mar 31, 2014 -94.51%
Dec 31, 2013 28.55%
Sep 30, 2013 -79.42%
Jun 30, 2013 -17.00%
Mar 31, 2013 -70.77%
Dec 31, 2012 -14.48%
Sep 30, 2012 -17.39%
Jun 30, 2012 3.57%
Mar 31, 2012 -98.47%
Dec 31, 2011 -163.88%
Sep 30, 2011 -229.60%
Jun 30, 2011 -50.33%
Mar 31, 2011 -16.96%
Dec 31, 2010 3.81%
Sep 30, 2010 -55.63%
Jun 30, 2010 -2.42%