Energy Recovery (ERII) Operating Margin (2010 - 2026)
Energy Recovery (ERII) posted quarterly Operating Margin of 153.09% for Q1 2026, up 267.0% year-over-year from 41.71% in Q1 2025, and down 426.91% quarter-over-quarter from 46.83% in Q4 2025.
Energy Recovery (ERII) Operating Margin (2010 - 2026) Analysis & Trends
Energy Recovery (ERII) has reported Operating Margin for 17 consecutive years, with 153.09% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin rose 267.0% year-over-year to 153.09%; the TTM figure through Mar 2026 stood at 15.8% (up 296.0% YoY), while the FY2025 annual figure was 17.7%, up 409.0% from the prior year.
- Operating Margin fell to 153.09% in Q1 2026 per ERII's latest filing, from 46.83% in the prior quarter.
- Across five years, Operating Margin topped out at 46.83% in Q4 2025 and bottomed at 155.76% in Q1 2025.
- Historically, Operating Margin has averaged 13.96% across 5 years, with a median of 11.44% in 2025.
- Annual changes were most pronounced in 2022 — Operating Margin soared 1675 bps — and 2023, when it sank 8579 bps.
- Energy Recovery's Operating Margin stood at 34.53% in 2022, then grew by 4 bps to 36.05% in 2023, then grew by 6 bps to 38.19% in 2024, then grew by 23 bps to 46.83% in 2025, then tumbled by 427 bps to 153.09% in 2026.
- Business Quant data shows ERII's Operating Margin at 153.09% in Q1 2026, 46.83% in Q4 2025, and 11.44% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.35 Bn | 22.23 Bn | 902.00 Mn | 21.37% |
| 2 | Zurn Elkay Water Solutions | 8.16 Bn | 7.80 Bn | 288.30 Mn | 31.02% |
| 3 | Federal Signal | 7.42 Bn | 7.35 Bn | 203.80 Mn | 17.64% |
| 4 | Ceco Environmental | 3.17 Bn | 3.11 Bn | 86.47 Mn | -11.64% |
| 5 | PureCycle Technologies | 1.24 Bn | 1.24 Bn | - | -916.09% |
| 6 | Aduro Clean Technologies | 521.85 Mn | 493.18 Mn | - | - |
| 7 | Energy Recovery | 398.07 Mn | 305.01 Mn | 8.96 Mn | -49.05% |
| 8 | Arq | 94.31 Mn | 93.40 Mn | 11.51 Mn | -0.23% |
| 9 | Fuel Tech | 43.03 Mn | 23.42 Mn | 2.68 Mn | -24.13% |
| 10 | CleanCore Solutions | 34.84 Mn | 17.79 Mn | -419,259.00 | -3,490.91% |
Historic Data
Download 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% |