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
DateValue
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