Energy Recovery (ERII) Operating Expenses (2010 - 2026)
Energy Recovery (ERII) reported Operating Expenses of $17.6 million for Q1 2026, up 3.18% year-over-year from $17.0 million in Q1 2025, and up 28.69% quarter-over-quarter from $13.6 million in Q4 2025.
Energy Recovery (ERII) Operating Expenses (2010 - 2026) Analysis & Trends
Energy Recovery (ERII) has 17 years of Operating Expenses data on file, last reported at $17.6 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $17.6 million, up 3.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $64.6 million (down 15.2% YoY), and the FY2025 annual result was $64.0 million, down 17.05% from the prior year.
- Operating Expenses advanced to $17.6 million in Q1 2026 per ERII's latest filing, from $13.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $21.5 million in Q4 2024 and troughed at $13.6 million in Q4 2025.
- A 5-year average of $17.0 million and a median of $16.7 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses gained 23.88% in 2022, then sank 36.54% in 2025.
- A 5-year view of Operating Expenses shows it stood at $15.3 million in 2022, then increased by 23.54% to $18.9 million in 2023, then grew by 13.87% to $21.5 million in 2024, then sank by 36.54% to $13.6 million in 2025, then grew by 28.69% to $17.6 million in 2026.
- Business Quant data shows ERII's Operating Expenses at $17.6 million in Q1 2026, $13.6 million in Q4 2025, and $16.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Aduro Clean Technologies | 856.39 Bn | 856.36 Bn | - | 3.04 Mn |
| 2 | Veralto | 20.76 Bn | 19.33 Bn | 854.00 Mn | 516.00 Mn |
| 3 | Zurn Elkay Water Solutions | 8.35 Bn | 8.08 Bn | 205.80 Mn | 109.10 Mn |
| 4 | Federal Signal | 7.20 Bn | 7.13 Bn | 179.40 Mn | 72.00 Mn |
| 5 | Ceco Environmental | 3.52 Bn | 3.48 Bn | 63.92 Mn | 56.37 Mn |
| 6 | PureCycle Technologies | 1.57 Bn | 1.47 Bn | - | 31.39 Mn |
| 7 | Energy Recovery | 497.64 Mn | 411.49 Mn | 2.70 Mn | 17.56 Mn |
| 8 | CleanCore Solutions | 210.18 Mn | 193.13 Mn | -419,259.00 | 18.56 Mn |
| 9 | Arq | 118.94 Mn | 114.26 Mn | 9.94 Mn | 10.92 Mn |
| 10 | 374Water | 38.06 Mn | 38.06 Mn | -2.43 Mn | 5.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.56 Mn |
| Dec 31, 2025 | 13.65 Mn |
| Sep 30, 2025 | 16.90 Mn |
| Jun 30, 2025 | 16.48 Mn |
| Mar 31, 2025 | 17.02 Mn |
| Dec 31, 2024 | 21.51 Mn |
| Sep 30, 2024 | 18.06 Mn |
| Jun 30, 2024 | 19.58 Mn |
| Mar 31, 2024 | 18.07 Mn |
| Dec 31, 2023 | 18.89 Mn |
| Sep 30, 2023 | 16.75 Mn |
| Jun 30, 2023 | 16.13 Mn |
| Mar 31, 2023 | 16.27 Mn |
| Dec 31, 2022 | 15.29 Mn |
| Sep 30, 2022 | 16.14 Mn |
| Jun 30, 2022 | 16.28 Mn |
| Mar 31, 2022 | 14.83 Mn |
| Dec 31, 2021 | 17.18 Mn |
| Sep 30, 2021 | 13.27 Mn |
| Jun 30, 2021 | 13.14 Mn |