Energy Recovery, Inc. (ERII) Earnings History
Annual and quarterly earnings data from 2006 to 2025
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ERII EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
ERII Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 65.2% | 18.2% | 17.0% |
| 2024 | 66.9% | 13.6% | 15.9% |
| 2023 | 67.8% | 14.8% | 16.8% |
| 2022 | 69.6% | 19.8% | 19.1% |
| 2021 | 68.6% | 13.3% | 13.7% |
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Energy Recovery, Inc. (ERII) Earnings Overview
As of May 8, 2026, Energy Recovery, Inc. (ERII) reported trailing twelve-month net income of $33M, reflecting +5.0% year-over-year growth. The company earned $0.42 per diluted share over the past four quarters, with a net profit margin of 17.0%.
Looking at the long-term picture, ERII's 5-year EPS compound annual growth rate (CAGR) stands at -2.2%, signaling declining earnings. The company achieved its highest annual net income of $26M in fiscal 2020.
Energy Recovery, Inc. maintains industry-leading profitability with a gross margin of 65.2%, operating margin of 18.2%, and net margin of 17.0%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including FELE ($150M net income, 6.9% margin), PUMP (-$12M net income, 0.1% margin), HLIO ($49M net income, 5.8% margin), ERII has outperformed on profitability metrics. Compare ERII vs FELE →
ERII Earnings vs Peers
Earnings metrics vs comparable public companies
ERII Historical Earnings Data (2006–2025)
20 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $23M | -0.4% | $25M | $0.42 | 17.0% | 18.2% |
| 2024 | $23M | +7.2% | $20M | $0.40 | 15.9% | 13.6% |
| 2023 | $22M | -10.6% | $19M | $0.37 | 16.8% | 14.8% |
| 2022 | $24M | +68.5% | $25M | $0.42 | 19.1% | 19.8% |
| 2021 | $14M | -45.9% | $14M | $0.24 | 13.7% | 13.3% |
| 2020 | $26M | +141.8% | $31M | $0.47 | 28.7% | 34.0% |
| 2019 | $11M | -50.6% | $10M | $0.19 | 15.0% | 14.2% |
| 2018 | $22M | +78.9% | $10M | $0.40 | 29.6% | 13.4% |
| 2017 | $12M | +1094.4% | $3M | $0.33 | 19.6% | 5.2% |
| 2016 | $1M | +108.9% | $357,000 | $0.07 | 1.9% | 0.7% |
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Start ComparisonERII — Frequently Asked Questions
Quick answers to the most common questions about buying ERII stock.
Is ERII growing earnings?
ERII EPS of $0.42 reflects slowing growth at +5.0%, below the 5-year CAGR of -2.2%. TTM net income is $33M. Expansion rate has moderated.
What are ERII's profit margins?
Energy Recovery, Inc. net margin is +17.0%, with operating margin at +18.2%. Above-average margins indicate pricing power.
How consistent are ERII's earnings?
ERII earnings data spans 2006-2025. The current earnings trend is +5.0% YoY. Historical data enables comparison across business cycles.