Energy Recovery annual operating margin
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Energy Recovery Operating Margin Growth & History (ERII)
Energy Recovery's operating margin was 17.70% for fiscal 2025.
View full Energy Recovery company overviewEnergy Recovery annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 17.70% | +4.09 pp |
| 2024 | 2024-12-31 | 13.61% | −1.23 pp |
| 2023 | 2023-12-31 | 14.84% | −4.93 pp |
| 2022 | 2022-12-31 | 19.77% | +6.46 pp |
| 2021 | 2021-12-31 | 13.31% | −12.99 pp |
| 2020 | 2020-12-31 | 26.30% | +14.38 pp |
| 2019 | 2019-12-31 | 11.92% | −1.47 pp |
| 2018 | 2018-12-31 | 13.39% | +0.01 pp |
| 2017 | 2017-12-31 | 13.38% | +7.45 pp |
| 2016 | 2016-12-31 | 5.93% | +32.93 pp |
| 2015 | 2015-12-31 | −27.00% | +33.75 pp |
| 2014 | 2014-12-31 | −60.75% | −54.04 pp |
| 2013 | 2013-12-31 | −6.71% | +13.59 pp |
| 2012 | 2012-12-31 | −20.30% | +69.89 pp |
| 2011 | 2011-12-31 | −90.18% | −79.23 pp |
| 2010 | 2010-12-31 | −10.96% | −24.04 pp |
| 2009 | 2009-12-31 | 13.08% | — |
Energy Recovery quarterly operating margin
Q2.10
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −49.05% | −54.30 pp |
| Q1 2026 | 2026-03-31 | −153.09% | +2.67 pp |
| Q4 2025 | 2025-12-31 | 46.83% | +8.64 pp |
| Q3 2025 | 2025-09-30 | 11.44% | −6.85 pp |
| Q2 2025 | 2025-06-30 | 5.25% | +12.66 pp |
| Q1 2025 | 2025-03-31 | −155.76% | −65.32 pp |
| Q4 2024 | 2024-12-31 | 38.19% | +2.14 pp |
| Q3 2024 | 2024-09-30 | 18.29% | −6.37 pp |
| Q2 2024 | 2024-06-30 | −7.40% | +5.07 pp |
| Q1 2024 | 2024-03-31 | −90.44% | −29.91 pp |
| Q4 2023 | 2023-12-31 | 36.05% | +1.51 pp |
| Q3 2023 | 2023-09-30 | 24.66% | +8.55 pp |
| Q2 2023 | 2023-06-30 | −12.48% | +1.83 pp |
| Q1 2023 | 2023-03-31 | −60.53% | −85.79 pp |
| Q4 2022 | 2022-12-31 | 34.53% | +16.75 pp |
| Q3 2022 | 2022-09-30 | 16.11% | +9.24 pp |
| Q2 2022 | 2022-06-30 | −14.31% | −15.70 pp |
| Q1 2022 | 2022-03-31 | 25.26% | +4.03 pp |
| Q4 2021 | 2021-12-31 | 17.79% | +3.36 pp |
| Q3 2021 | 2021-09-30 | 6.87% | −15.31 pp |
| Q2 2021 | 2021-06-30 | 1.39% | −47.39 pp |
| Q1 2021 | 2021-03-31 | 21.23% | +20.64 pp |
| Q4 2020 | 2020-12-31 | 14.43% | +19.10 pp |
| Q3 2020 | 2020-09-30 | 22.18% | +3.78 pp |
| Q2 2020 | 2020-06-30 | 48.79% | +31.26 pp |
| Q1 2020 | 2020-03-31 | 0.59% | −13.09 pp |
| Q4 2019 | 2019-12-31 | −4.67% | −12.69 pp |
| Q3 2019 | 2019-09-30 | 18.39% | −7.01 pp |
| Q2 2019 | 2019-06-30 | 17.53% | −2.89 pp |
| Q1 2019 | 2019-03-31 | 13.69% | +23.33 pp |
| Q4 2018 | 2018-12-31 | 8.01% | −10.32 pp |
| Q3 2018 | 2018-09-30 | 25.41% | +4.59 pp |
| Q2 2018 | 2018-06-30 | 20.42% | +13.19 pp |
| Q1 2018 | 2018-03-31 | −9.64% | −12.08 pp |
| Q4 2017 | 2017-12-31 | 18.34% | −4.90 pp |
| Q3 2017 | 2017-09-30 | 20.81% | +26.75 pp |
| Q2 2017 | 2017-06-30 | 7.23% | +3.22 pp |
| Q1 2017 | 2017-03-31 | 2.44% | +23.82 pp |
| Q4 2016 | 2016-12-31 | 23.24% | +24.50 pp |
| Q3 2016 | 2016-09-30 | −5.93% | −3.84 pp |
| Q2 2016 | 2016-06-30 | 4.01% | +35.26 pp |
| Q1 2016 | 2016-03-31 | −21.38% | +116.24 pp |
| Q4 2015 | 2015-12-31 | −1.26% | +30.83 pp |
| Q3 2015 | 2015-09-30 | −2.10% | +99.76 pp |
| Q2 2015 | 2015-06-30 | −31.25% | +39.94 pp |
| Q1 2015 | 2015-03-31 | −137.62% | −41.70 pp |
| Q4 2014 | 2014-12-31 | −32.09% | −61.21 pp |
| Q3 2014 | 2014-09-30 | −101.85% | −22.62 pp |
| Q2 2014 | 2014-06-30 | −71.19% | −55.77 pp |
| Q1 2014 | 2014-03-31 | −95.92% | −25.69 pp |
| Q4 2013 | 2013-12-31 | 29.12% | +43.95 pp |
| Q3 2013 | 2013-09-30 | −79.23% | −62.02 pp |
| Q2 2013 | 2013-06-30 | −15.42% | −16.03 pp |
| Q1 2013 | 2013-03-31 | −70.23% | +28.27 pp |
| Q4 2012 | 2012-12-31 | −14.83% | +157.68 pp |
| Q3 2012 | 2012-09-30 | −17.21% | +118.30 pp |
| Q2 2012 | 2012-06-30 | 0.62% | +79.36 pp |
| Q1 2012 | 2012-03-31 | −98.51% | −71.13 pp |
| Q4 2011 | 2011-12-31 | −172.51% | −103.94 pp |
| Q3 2011 | 2011-09-30 | −135.52% | −130.13 pp |
| Q2 2011 | 2011-06-30 | −78.74% | — |
| Q1 2011 | 2011-03-31 | −27.38% | — |
| Q3 2010 | 2010-09-30 | −68.57% | — |
| Q2 2010 | 2010-06-30 | −5.38% | — |
Energy Recovery operating margin trends
Over the last five reported fiscal years, Energy Recovery's operating margin decreased from 26.30% to 17.70%, a change of −8.60 percentage points. The latest reported quarter, Q2 2026, shows −49.05%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Energy Recovery filings at SEC.gov ↗