Growth Metrics

Energy Recovery (ERII) Operating Leases (2017 - 2026)

Energy Recovery (ERII) reported Operating Leases of $6.3 million for Q1 2026, down 28.53% year-over-year from $8.8 million in Q1 2025, and down 9.34% on a QoQ basis from $6.9 million in Q4 2025.

Energy Recovery (ERII) has 10 years of Operating Leases data on file, last reported at $6.3 million in Q1 2026.

  • Quarterly Operating Leases fell 28.53% year-over-year to $6.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.3 million (down 28.53% YoY) and the FY2025 annual result came in at $6.9 million, down 25.8% from the prior year.
  • Operating Leases slipped to $6.3 million in Q1 2026 per ERII's latest filing, from $6.9 million in the prior quarter.
  • Across five years, Operating Leases topped out at $14.6 million in Q1 2022 and bottomed at $6.3 million in Q1 2026.
  • The 5-year median for Operating Leases is $11.0 million (2024), against an average of $10.8 million.
  • The widest annual swing landed in 2023, when Operating Leases dropped 11.26%; it then retreated 28.53% in 2026.
  • Tracing ERII's Operating Leases over 5 years: stood at $13.3 million in 2022, then slipped by 13.48% to $11.5 million in 2023, then fell by 19.07% to $9.3 million in 2024, then slipped by 25.8% to $6.9 million in 2025, then declined by 9.34% to $6.3 million in 2026.
  • Per Business Quant, the three latest ERII Operating Leases figures stand at $6.3 million (Q1 2026), $6.9 million (Q4 2025), and $7.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Veralto 20.72 Bn 19.29 Bn 854.00 Mn
2 Zurn Elkay Water Solutions 7.83 Bn 7.56 Bn 205.80 Mn
3 Federal Signal 6.47 Bn 6.40 Bn 179.40 Mn
4 Ceco Environmental 2.82 Bn 2.78 Bn 63.92 Mn
5 PureCycle Technologies 2.21 Bn 2.11 Bn -
6 Euro Tech Holdings 1.36 Bn 1.34 Bn -
7 Energy Recovery 421.81 Mn 335.66 Mn 2.70 Mn
8 CleanCore Solutions 173.22 Mn 156.17 Mn -419,259.00
9 Arq 116.43 Mn 111.76 Mn 9.94 Mn
10 374Water 42.95 Mn 42.95 Mn -2.43 Mn

Historic Data

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DateValue
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 16.44 Mn
Sep 30, 2021 16.80 Mn
Jun 30, 2021 17.16 Mn
Mar 31, 2021 17.50 Mn
Dec 31, 2020 17.69 Mn
Sep 30, 2020 16.80 Mn
Jun 30, 2020 17.16 Mn
Mar 31, 2020 17.52 Mn
Dec 31, 2019 12.56 Mn
Sep 30, 2019 12.80 Mn
Jun 30, 2019 12.05 Mn
Mar 31, 2019 12.31 Mn
Dec 31, 2018 12.56 Mn
Sep 30, 2018 13.56 Mn
Jun 30, 2018 13.37 Mn
Mar 31, 2018 2.91 Mn
Dec 31, 2017 1.70 Mn