Growth Metrics

Energy Recovery (ERII) Research & Development (2016 - 2025)

Energy Recovery (ERII) has disclosed Research & Development for 16 consecutive years, with $2.9 million as the latest value for Q4 2025.

  • On a quarterly basis, Research & Development fell 26.64% to $2.9 million in Q4 2025 year-over-year; TTM through Dec 2025 was $13.0 million, a 19.72% decrease, with the full-year FY2025 number at $13.0 million, down 19.72% from a year prior.
  • Research & Development was $2.9 million for Q4 2025 at Energy Recovery, down from $3.7 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $6.7 million in Q4 2021 to a low of $2.9 million in Q4 2025.
  • A 5-year average of $4.2 million and a median of $4.0 million in 2023 define the central range for Research & Development.
  • Peak YoY movement for Research & Development: tumbled 44.42% in 2022, then soared 32.6% in 2023.
  • Energy Recovery's Research & Development stood at $6.7 million in 2021, then crashed by 44.42% to $3.7 million in 2022, then surged by 32.6% to $5.0 million in 2023, then fell by 19.89% to $4.0 million in 2024, then dropped by 26.64% to $2.9 million in 2025.
  • Per Business Quant, the three most recent readings for ERII's Research & Development are $2.9 million (Q4 2025), $3.7 million (Q3 2025), and $3.5 million (Q2 2025).