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ERII (Energy Recovery, Inc.) Stock Financials & Earnings | Market Cap Arena
ERII
Energy Recovery, Inc.
Mkt Cap
$586M
Industrials
·
Industrial - Pollution & Treatment Controls
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$135M
Net Income (TTM)
$23M
EPS (TTM)
$0.43
Free Cash Flow (TTM)
$13M
Gross Margin
65.2%
Op. Margin
18.2%
Net Margin
17.0%
FCF Margin
10.0%
P/S Ratio (TTM)
4.4x
P/E Ratio (TTM)
25.5x
YoY Rev Growth
-7.1%
Employees
—
Earnings Reports
▶
Q4 2025
NEW
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$13M
$8M
-$8M
Q2 23
$21M
$14M
-$3M
Q3 23
$37M
$26M
$9M
Q4 23
$57M
$39M
$21M
Q1 24
$12M
$7M
-$11M
Q2 24
$27M
$18M
-$2M
Q3 24
$39M
$25M
$7M
Q4 24
$67M
$47M
$26M
Q1 25
$8M
$4M
-$13M
Q2 25
$28M
$18M
$1M
Q3 25
$32M
$21M
$4M
Q4 25
$67M
$45M
$32M
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Revenue Breakdown
ERII
Energy Recovery, Inc.
Revenue Breakdown
Q4 2025
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
5.5x
59.5x
Q2 23
5.5x
55.5x
Q3 23
5.2x
38.0x
Q4 23
4.6x
27.3x
Q1 24
4.6x
30.0x
Q2 24
4.4x
28.5x
Q3 24
4.3x
30.2x
Q4 24
4.0x
25.4x
Q1 25
4.2x
27.4x
Q2 25
4.1x
24.3x
Q3 25
4.3x
30.0x
Q4 25
4.4x
25.5x
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Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
$9M
$8M
Q2 23
-$4M
-$5M
Q3 23
$8M
$7M
Q4 23
$14M
$12M
Q1 24
$6M
$6M
Q2 24
$8M
$8M
Q3 24
-$3M
-$3M
Q4 24
$9M
$9M
Q1 25
$11M
$10M
Q2 25
$4M
$4M
Q3 25
-$3M
-$3M
Q4 25
$7M
$2M
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Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$197K
Q2 23
$570K
Q3 23
$330K
Q4 23
$1M
Q1 24
$824K
Q2 24
$201K
Q3 24
$169K
Q4 24
$104K
Q1 25
$191K
Q2 25
$135K
Q3 25
$342K
Q4 25
$662K
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OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
-58.8%
-11.6%
Q2 23
+2.1%
+0.5%
Q3 23
+21.6%
+9.2%
Q4 23
+35.2%
+32.1%
Q1 24
-9.8%
+7.0%
Q2 24
+31.3%
+25.3%
Q3 24
+4.2%
+13.0%
Q4 24
+17.3%
+13.4%
Q1 25
-33.3%
-10.4%
Q2 25
+3.1%
-9.0%
Q3 25
-17.1%
-10.1%
Q4 25
-0.7%
-16.5%
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Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$2M
17.2%
Q2 23
$2M
8.3%
Q3 23
$2M
4.8%
Q4 23
$2M
3.9%
Q1 24
$3M
27.2%
Q2 24
$3M
10.4%
Q3 24
$2M
6.3%
Q4 24
$2M
2.7%
Q1 25
$2M
24.3%
Q2 25
$2M
6.9%
Q3 25
$2M
6.9%
Q4 25
$14M
20.4%
marketcaparena.com
OpEx Breakdown
R&D
G&A
S&M
SG&A
Quarter
R&D
G&A
S&M
SG&A
Q1 23
$4M
$7M
$5M
—
Q2 23
$4M
$7M
$5M
—
Q3 23
$4M
$7M
$5M
—
Q4 23
$5M
$7M
$7M
—
Q1 24
$4M
$8M
$6M
—
Q2 24
$4M
$10M
$6M
—
Q3 24
$4M
$8M
$6M
—
Q4 24
$4M
$8M
$7M
—
Q1 25
$3M
$9M
$5M
—
Q2 25
$3M
$8M
$5M
—
Q3 25
$4M
—
—
$13M
Q4 25
$4M
$6M
$5M
—
marketcaparena.com
Revenue Segments
Emerging Technologies Segment
Water Segment
Quarter
Emerging Technologies Segment
Water Segment
Q1 23
$105K
$13M
Q2 23
$209K
$21M
Q3 23
$224K
$37M
Q4 23
$442K
$57M
Q1 24
$1K
$12M
Q2 24
$288K
$27M
Q3 24
$240K
$38M
Q4 24
$109K
$67M
Q1 25
$46K
$8M
Q2 25
$212K
$28M
Q3 25
$119K
$32M
Q4 25
—
$67M
marketcaparena.com
Revenue by Geography
Americas
Asia
Europe
Middle East And Africa
Quarter
Americas
Asia
Europe
Middle East And Africa
Q3 23
$5M
$6M
$2M
$25M
Q1 24
$4M
$2M
$1M
$5M
Q2 24
$2M
$8M
$3M
$15M
Q3 24
$1M
$7M
$3M
$28M
Q4 24
$2M
$19M
$3M
$43M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$66M
$32M
$99M
Q2 23
$44M
$51M
$95M
Q3 23
$51M
$33M
$85M
Q4 23
$68M
$40M
$109M
Q1 24
$71M
$47M
$117M
Q2 24
$40M
$61M
$101M
Q3 24
$63M
$55M
$119M
Q4 24
$30M
$48M
$78M
Q1 25
$49M
$34M
$84M
Q2 25
$57M
$22M
$80M
Q3 25
$47M
$23M
$70M
Q4 25
$48M
$27M
$75M
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Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
56M
-2.1%
Q2 23
56M
+0.2%
Q3 23
58M
+2.8%
Q4 23
58M
-0.5%
Q1 24
57M
-1.0%
Q2 24
57M
+0.5%
Q3 24
58M
+1.6%
Q4 24
57M
-1.8%
Q1 25
55M
-4.1%
Q2 25
54M
-0.8%
Q3 25
53M
-1.9%
Q4 25
53M
-0.2%
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Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
$245K
124
FY 15
$392K
114
FY 16
$456K
120
FY 17
$475K
133
FY 18
$521K
143
FY 19
$387K
188
FY 20
$426K
216
FY 21
$468K
222
FY 22
$511K
246
FY 23
$477K
269
FY 24
$571K
254
FY 25
$586K
230
marketcaparena.com