Energy Recovery (ERII) Operating Leases (2017 - 2026)
Energy Recovery's Operating Leases came in at $5.58 million for Q2 2026, down 31.5% from $8.14 million a year earlier and down 10.8% from the prior quarter.
Energy Recovery (ERII) Operating Leases (2017 - 2026) Analysis & Trends
At the end of FY2025, Energy Recovery's Operating Leases was $6.9 million, down 25.8% from FY2024.
- Operating Leases has declined in each of the last five years, with a five-year compound annual growth rate of -15.9% (FY2020 to FY2025).
- Going back by year, Operating Leases was $9.3 million in FY2024 (-19.1%), $11.49 million in FY2023 (-13.5%), $13.28 million in FY2022 (-10.8%) and $14.88 million in FY2021 (-9.5%).
- The Q2 2026 figure represents the lowest quarterly Operating Leases since Q1 2018.
- Year-over-year, Operating Leases has declined for 22 consecutive quarters, with an average decline of 23.5% over the last eight quarters.
- The year-over-year decline in Operating Leases has ranged between 9.0% (Q3 2021) and 31.5% (Q2 2026) over the last five years.
- Business Quant data shows ERII's Operating Leases at $6.25 million (Q1 2026), $6.9 million (Q4 2025) and $7.53 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - |
| 10 | LanzaTech Global | 74.74 Mn | -40.40 Mn | 1.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.58 Mn |
| Mar 31, 2026 | 6.25 Mn |
| Dec 31, 2025 | 6.90 Mn |
| Sep 30, 2025 | 7.53 Mn |
| Jun 30, 2025 | 8.14 Mn |
| Mar 31, 2025 | 8.75 Mn |
| Dec 31, 2024 | 9.30 Mn |
| Sep 30, 2024 | 9.86 Mn |
| Jun 30, 2024 | 10.42 Mn |
| Mar 31, 2024 | 10.96 Mn |
| Dec 31, 2023 | 11.49 Mn |
| Sep 30, 2023 | 11.99 Mn |
| Jun 30, 2023 | 12.49 Mn |
| Mar 31, 2023 | 12.97 Mn |
| Dec 31, 2022 | 13.28 Mn |
| Sep 30, 2022 | 13.73 Mn |
| Jun 30, 2022 | 14.18 Mn |
| Mar 31, 2022 | 14.62 Mn |
| Dec 31, 2021 | 14.88 Mn |
| Sep 30, 2021 | 15.28 Mn |
Energy Recovery Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=ERII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "ERII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=ERII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();