Energy Recovery (ERII) Operating Expenses (2010 - 2026)
Energy Recovery's (ERII) quarterly Operating Expenses came in at $14.8 million in Q2 2026, down 9.95% year-over-year from $16.5 million in Q2 2025, and down 15.49% quarter-over-quarter from $17.6 million in Q1 2026.
Analysis
Energy Recovery (ERII) Operating Expenses (2010 - 2026) Analysis & Trends
Energy Recovery (ERII) has reported Operating Expenses for 17 consecutive years, with $14.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 9.95% year-over-year to $14.8 million in Q2 2026; TTM through Jun 2026 was $62.9 million, a 13.85% decrease from a year earlier, with the FY2025 full-year figure at $64.0 million, down 17.05% from the prior year.
- Operating Expenses was $14.8 million for Q2 2026 at Energy Recovery, down from $17.6 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 $16.9 million and a median of $16.6 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses rose 23.88% in 2022 and slumped 36.54% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $15.3 million in 2022, then grew by 23.54% to $18.9 million in 2023, then climbed by 13.87% to $21.5 million in 2024, then slumped by 36.54% to $13.6 million in 2025, then gained by 8.76% to $14.8 million in 2026.
- The last three Operating Expenses figures came in at $14.8 million (Q2 2026), $17.6 million (Q1 2026), and $13.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 78.30 Bn | 73.20 Bn | 1.95 Bn | 1.19 Bn |
| 2 | Xylem | 24.67 Bn | 23.64 Bn | 963.00 Mn | 573.00 Mn |
| 3 | Veralto | 23.52 Bn | 21.40 Bn | 902.00 Mn | 587.00 Mn |
| 4 | Badger Meter | 3.84 Bn | 3.74 Bn | 90.77 Mn | 51.40 Mn |
| 5 | NWPX Infrastructure | 1.04 Bn | 1.02 Bn | 34.36 Mn | 13.21 Mn |
| 6 | Energy Recovery | 390.46 Mn | 297.41 Mn | 8.96 Mn | 14.84 Mn |
| 7 | Cadiz | 350.11 Mn | 344.79 Mn | -24,000.00 | 9.81 Mn |
| 8 | AirJoule Technologies | 335.20 Mn | 293.78 Mn | - | 5.04 Mn |
| 9 | Euro Tech Holdings | 12.29 Mn | -11.86 Mn | - | - |
| 10 | Rain Enhancement Technologies Holdco | 8.79 Mn | 8.79 Mn | - | 104,545.00 |
Historic Data
Download Data
Historic 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 |