Energy Recovery (ERII) Research & Development (2010 - 2026)
Energy Recovery (ERII) reported Research & Development of $2.8 million for Q1 2026, down 7.06% year-over-year from $3.0 million in Q1 2025, and down 4.29% quarter-over-quarter from $2.9 million in Q4 2025.
Energy Recovery (ERII) Research & Development (2010 - 2026) Analysis & Trends
Energy Recovery (ERII) has 17 years of Research & Development data on file, last reported at $2.8 million in Q1 2026.
- Research & Development for Q1 2026 came in at $2.8 million, down 7.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $12.8 million (down 13.87% YoY), and the FY2025 annual result was $13.0 million, down 19.72% from the prior year.
- Research & Development retreated to $2.8 million in Q1 2026 per ERII's latest filing, from $2.9 million in the prior quarter.
- Over five years, Research & Development peaked at $5.4 million in Q2 2022 and troughed at $2.8 million in Q1 2026.
- A 5-year average of $3.9 million and a median of $3.9 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development plunged 44.42% in 2022, then soared 32.6% in 2023.
- A 5-year view of Research & Development shows it stood at $3.7 million in 2022, then jumped by 32.6% to $5.0 million in 2023, then decreased by 19.89% to $4.0 million in 2024, then fell by 26.64% to $2.9 million in 2025, then slipped by 4.29% to $2.8 million in 2026.
- Business Quant data shows ERII's Research & Development at $2.8 million in Q1 2026, $2.9 million in Q4 2025, and $3.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Aduro Clean Technologies | 808.91 Bn | 808.88 Bn | - | 1.22 Mn |
| 2 | Veralto | 20.65 Bn | 19.22 Bn | 854.00 Mn | 68.00 Mn |
| 3 | Zurn Elkay Water Solutions | 8.12 Bn | 7.85 Bn | 205.80 Mn | - |
| 4 | Federal Signal | 6.65 Bn | 6.58 Bn | 179.40 Mn | - |
| 5 | Ceco Environmental | 3.45 Bn | 3.41 Bn | 63.92 Mn | - |
| 6 | PureCycle Technologies | 1.61 Bn | 1.51 Bn | - | 1.56 Mn |
| 7 | Energy Recovery | 438.13 Mn | 351.98 Mn | 2.70 Mn | 2.79 Mn |
| 8 | CleanCore Solutions | 174.97 Mn | 157.92 Mn | -419,259.00 | - |
| 9 | Arq | 111.22 Mn | 106.54 Mn | 9.94 Mn | 982,000.00 |
| 10 | 374Water | 40.12 Mn | 40.12 Mn | -2.43 Mn | 703,818.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.79 Mn |
| Dec 31, 2025 | 2.91 Mn |
| Sep 30, 2025 | 3.67 Mn |
| Jun 30, 2025 | 3.45 Mn |
| Mar 31, 2025 | 3.00 Mn |
| Dec 31, 2024 | 3.97 Mn |
| Sep 30, 2024 | 3.97 Mn |
| Jun 30, 2024 | 3.94 Mn |
| Mar 31, 2024 | 4.35 Mn |
| Dec 31, 2023 | 4.96 Mn |
| Sep 30, 2023 | 3.97 Mn |
| Jun 30, 2023 | 3.77 Mn |
| Mar 31, 2023 | 4.31 Mn |
| Dec 31, 2022 | 3.74 Mn |
| Sep 30, 2022 | 3.83 Mn |
| Jun 30, 2022 | 5.43 Mn |
| Mar 31, 2022 | 4.91 Mn |
| Dec 31, 2021 | 6.73 Mn |
| Sep 30, 2021 | 4.42 Mn |
| Jun 30, 2021 | 4.42 Mn |