Energy Recovery (ERII) Research & Development (2010 - 2026)
Energy Recovery (ERII) posted quarterly Research & Development of $5.1 million for Q1 2026, up 4.34% year-over-year from $4.9 million in Q1 2025, and up 273.76% quarter-over-quarter from -$2.9 million in Q4 2025.
Energy Recovery (ERII) Research & Development (2010 - 2026) Analysis & Trends
Energy Recovery (ERII) has reported Research & Development for 17 consecutive years, with $5.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 4.34% year-over-year to $5.1 million; the TTM figure through Mar 2026 stood at $9.3 million (down 66.98% YoY), while the FY2025 annual figure was $13.0 million, down 48.73% from the prior year.
- Research & Development grew to $5.1 million in Q1 2026 per ERII's latest filing, from -$2.9 million in the prior quarter.
- Across five years, Research & Development topped out at $13.2 million in Q4 2024 and bottomed at -$2.9 million in Q4 2025.
- Historically, Research & Development has averaged $4.3 million across 5 years, with a median of $4.3 million in 2023.
- Annual changes were most pronounced in 2024 — Research & Development soared 720.39% — and 2025, when it sank 122.39%.
- Energy Recovery's Research & Development stood at $2.1 million in 2022, then dropped by 23.87% to $1.6 million in 2023, then surged by 720.39% to $13.2 million in 2024, then sank by 122.39% to -$2.9 million in 2025, then soared by 273.76% to $5.1 million in 2026.
- Business Quant data shows ERII's Research & Development at $5.1 million in Q1 2026, -$2.9 million in Q4 2025, and $3.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.35 Bn | 22.23 Bn | 902.00 Mn | 73.00 Mn |
| 2 | Zurn Elkay Water Solutions | 8.16 Bn | 7.80 Bn | 288.30 Mn | - |
| 3 | Federal Signal | 7.42 Bn | 7.35 Bn | 203.80 Mn | - |
| 4 | Ceco Environmental | 3.17 Bn | 3.11 Bn | 86.47 Mn | - |
| 5 | PureCycle Technologies | 1.24 Bn | 1.24 Bn | - | 1.41 Mn |
| 6 | Aduro Clean Technologies | 521.85 Mn | 493.18 Mn | - | 1.22 Mn |
| 7 | Energy Recovery | 398.07 Mn | 305.01 Mn | 8.96 Mn | 4.34 Mn |
| 8 | Arq | 94.31 Mn | 93.40 Mn | 11.51 Mn | 958,000.00 |
| 9 | Fuel Tech | 43.03 Mn | 23.42 Mn | 2.68 Mn | 646,000.00 |
| 10 | CleanCore Solutions | 34.84 Mn | 17.79 Mn | -419,259.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.34 Mn |
| Mar 31, 2026 | 5.12 Mn |
| Dec 31, 2025 | -2.95 Mn |
| Sep 30, 2025 | 3.67 Mn |
| Jun 30, 2025 | 3.45 Mn |
| Mar 31, 2025 | 4.91 Mn |
| Dec 31, 2024 | 13.16 Mn |
| Sep 30, 2024 | 3.97 Mn |
| Jun 30, 2024 | 6.10 Mn |
| Mar 31, 2024 | 4.35 Mn |
| Dec 31, 2023 | 1.60 Mn |
| Sep 30, 2023 | 5.41 Mn |
| Jun 30, 2023 | 5.09 Mn |
| Mar 31, 2023 | 4.31 Mn |
| Dec 31, 2022 | 2.11 Mn |
| Sep 30, 2022 | 3.83 Mn |
| Jun 30, 2022 | 5.43 Mn |
| Mar 31, 2022 | 3.36 Mn |
| Dec 31, 2021 | 6.73 Mn |
| Sep 30, 2021 | 3.00 Mn |