Energy Recovery (ERII) Operating Margin (2010 - 2026)
Energy Recovery's (ERII) quarterly Operating Margin came in at 49.05% in Q2 2026, down 5430.0% year-over-year from 0.92% in Q2 2025, and up 67.96% quarter-over-quarter from 153.09% in Q1 2026.
Powered by 
Analysis
Energy Recovery (ERII) Operating Margin (2010 - 2026) Analysis & Trends
Energy Recovery (ERII) has reported Operating Margin for 17 consecutive years, with 49.05% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin fell 5430.0% year-over-year to 49.05% in Q2 2026; TTM through Jun 2026 was 11.81%, a 342.0% decrease from a year earlier, with the FY2025 full-year figure at 17.7%, up 409.0% from the prior year.
- Operating Margin was 49.05% for Q2 2026 at Energy Recovery, up from 153.09% in the prior quarter.
- Over five years, Operating Margin peaked at 46.83% in Q4 2025 and troughed at 155.76% in Q1 2025.
- A 5-year average of 15.91% and a median of 8.35% in 2025 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin surged 1675 bps in 2022 and slumped 8579 bps in 2023, its largest moves.
- Over 5 years, Operating Margin stood at 34.53% in 2022, then advanced by 4 bps to 36.05% in 2023, then advanced by 6 bps to 38.19% in 2024, then advanced by 23 bps to 46.83% in 2025, then plunged by 205 bps to 49.05% in 2026.
- The last three Operating Margin figures came in at 49.05% (Q2 2026), 153.09% (Q1 2026), and 46.83% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 76.62 Bn | 71.48 Bn | 1.95 Bn | 17.16% |
| 2 | Xylem | 25.39 Bn | 24.11 Bn | 963.00 Mn | 16.70% |
| 3 | Veralto | 23.26 Bn | 21.14 Bn | 902.00 Mn | 21.37% |
| 4 | Badger Meter | 3.70 Bn | 3.60 Bn | 90.77 Mn | 17.71% |
| 5 | NWPX Infrastructure | 1.03 Bn | 1.01 Bn | 34.36 Mn | 13.26% |
| 6 | Energy Recovery | 380.05 Mn | 287.00 Mn | 8.96 Mn | -49.05% |
| 7 | Cadiz | 339.11 Mn | 333.79 Mn | -24,000.00 | -902.45% |
| 8 | AirJoule Technologies | 307.53 Mn | 266.11 Mn | - | - |
| 9 | Euro Tech Holdings | 13.01 Mn | -11.70 Mn | - | - |
| 10 | Rain Enhancement Technologies Holdco | 5.89 Mn | 5.89 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -49.05% |
| Mar 31, 2026 | -153.09% |
| Dec 31, 2025 | 46.83% |
| Sep 30, 2025 | 11.44% |
| Jun 30, 2025 | 5.25% |
| Mar 31, 2025 | -155.76% |
| Dec 31, 2024 | 38.19% |
| Sep 30, 2024 | 18.29% |
| Jun 30, 2024 | -7.40% |
| Mar 31, 2024 | -90.44% |
| Dec 31, 2023 | 36.05% |
| Sep 30, 2023 | 24.66% |
| Jun 30, 2023 | -12.48% |
| Mar 31, 2023 | -60.53% |
| Dec 31, 2022 | 34.53% |
| Sep 30, 2022 | 16.11% |
| Jun 30, 2022 | -14.31% |
| Mar 31, 2022 | 25.26% |
| Dec 31, 2021 | 17.79% |
| Sep 30, 2021 | 6.87% |