Energy Recovery (ERII) Operating Margin (2010 - 2026)
Energy Recovery (ERII) reported Operating Margin of -49.05% for Q2 2026, down 54.30 percentage points from 5.25% a year earlier but up 104.04 percentage points from the prior quarter.
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Analysis
Energy Recovery (ERII) Operating Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Energy Recovery's Operating Margin came in at 11.81%, down 3.42 percentage points year-over-year; for FY2025, it was 17.70%, up 4.09 percentage points from FY2024.
- Operating Margin has a five-year change of -8.60 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 13.61% in FY2024 (-1.23 pp), 14.84% in FY2023 (-4.93 pp), 19.77% in FY2022 (+6.46 pp) and 13.31% in FY2021 (-12.99 pp).
- Five-year quarterly Operating Margin spans a low of -155.76% in Q1 2025 and a high of 46.83% in Q4 2025.
- Year over year, Operating Margin gained in four of the last eight quarters, with an average year-over-year change of -13.34 percentage points.
- The high point for year-over-year Operating Margin in five years was Q4 2022 (a gain of 16.75 percentage points); the low point was Q1 2023 (a drop of 85.79 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -153.09% (Q1 2026), 46.83% (Q4 2025) and 11.44% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.97 Bn | 78.95 Bn | 2.07 Bn | 17.26% |
| 2 | Veralto | 28.80 Bn | 21.43 Bn | 908.00 Mn | 19.75% |
| 3 | Xylem | 23.13 Bn | 18.86 Bn | 907.00 Mn | 17.49% |
| 4 | Badger Meter | 4.57 Bn | 3.97 Bn | 98.85 Mn | 20.23% |
| 5 | Ceco Environmental | 2.30 Bn | 2.12 Bn | 86.47 Mn | -11.64% |
| 6 | NWPX Infrastructure | 882.96 Mn | 841.04 Mn | 38.19 Mn | 13.55% |
| 7 | Energy Recovery | 374.69 Mn | 37.14 Mn | 4.20 Mn | -87.49% |
| 8 | Cadiz | 320.18 Mn | 285.30 Mn | -24,000.00 | -902.45% |
| 9 | AirJoule Technologies | 179.57 Mn | 59.19 Mn | - | - |
| 10 | LanzaTech Global | 58.06 Mn | -39.57 Mn | 1.91 Mn | -109.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -87.49% |
| 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% |
API Access
Energy Recovery Operating Margin 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-margin&ticker=ERII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=ERII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();