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Energy Recovery, Inc. revenue

Energy Recovery, Inc.'s revenue was $135m in fiscal 2025, down 6.9% on the year before. Since fiscal 2009 ($47.0m) it has grown at a compound 6.8% a year. Over the last twelve months it was $121m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Energy Recovery, Inc.: revenue history, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue4746284343304458697587119104126128145135121
Growth on the year before—−2.5%−38.8%+52.0%+1.0%−29.3%+43.5%+32.3%+19.6%+7.8%+16.7%+36.9%−12.7%+20.9%+2.2%+12.9%−6.9%—
Gross profit29228202617253239———718787978877
Gross margin62.6%48.1%27.8%47.4%59.8%54.9%56.2%55.1%56.6%———68.6%69.6%67.8%66.9%65.1%64.0%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Water $135M 99.8% ▼ 6.7%
Emerging Technologies $285,000 0.2% ▼ 55.3%
Geography
Region Revenue Share YoY
Middle East and Africa $68.2M 50.5% ▲ 13.7%
Other $51.8M 38.4% ▼ 4.6%
Africa $15M 11.1% ▼ 51.2%

From Energy Recovery, Inc.'s 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Industrial Machinery & Supplies & Components: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Energy Recovery, Inc. $121m -15.0% 4.1%
Sypris Solutions Inc $115m -11.5% -2.1%
Greenland Technologies Holding Corp. $103m 25.9% 5.8%
Hurco Companies Inc $183m -1.9% -6.6%
Schmid Group N.V. $75.7m 15.0% —
Perma-pipe International Holdings, Inc. $226m 24.8% 17.6%

Compare with peers

Head to head: ERII vs SYPRERII vs GTECERII vs HURC

More: Industrial Machinery & Supplies & Components stocks compared, Industrials sector, rankings of US companies

Figures from Energy Recovery, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Energy Recovery, Inc.