Energy Recovery (ERII) Operating Expenses (2010 - 2026)
Energy Recovery (ERII) posted quarterly 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 reported Operating Expenses for 17 consecutive years, with $17.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 3.18% year-over-year to $17.6 million; the TTM figure through Mar 2026 stood at $64.6 million (down 15.2% YoY), while the FY2025 annual figure was $64.0 million, down 17.05% from the prior year.
- Operating Expenses rose to $17.6 million in Q1 2026 per ERII's latest filing, from $13.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $21.5 million in Q4 2024 and bottomed at $13.6 million in Q4 2025.
- Historically, Operating Expenses has averaged $17.0 million across 5 years, with a median of $16.7 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses gained 23.88% — and 2025, when it sank 36.54%.
- Energy Recovery's Operating Expenses stood at $15.3 million in 2022, then rose by 23.54% to $18.9 million in 2023, then increased by 13.87% to $21.5 million in 2024, then slumped by 36.54% to $13.6 million in 2025, then increased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.35 Bn | 22.23 Bn | 902.00 Mn | 587.00 Mn |
| 2 | Zurn Elkay Water Solutions | 8.16 Bn | 7.80 Bn | 288.30 Mn | 121.30 Mn |
| 3 | Federal Signal | 7.42 Bn | 7.35 Bn | 203.80 Mn | 78.30 Mn |
| 4 | Ceco Environmental | 3.17 Bn | 3.11 Bn | 86.47 Mn | 109.35 Mn |
| 5 | PureCycle Technologies | 1.24 Bn | 1.24 Bn | - | 45.85 Mn |
| 6 | Aduro Clean Technologies | 521.85 Mn | 493.18 Mn | - | 2.67 Mn |
| 7 | Energy Recovery | 398.07 Mn | 305.01 Mn | 8.96 Mn | 14.84 Mn |
| 8 | Arq | 94.31 Mn | 93.40 Mn | 11.51 Mn | 11.58 Mn |
| 9 | Fuel Tech | 43.03 Mn | 23.42 Mn | 2.68 Mn | 8.05 Mn |
| 10 | CleanCore Solutions | 34.84 Mn | 17.79 Mn | -419,259.00 | 18.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.84 Mn |
| 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 |