Energy Recovery (ERII) Revenue & Revenue Breakdown


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Energy Recovery Revenue Highlights


Latest Revenue (Y)

$128.35M

Latest Revenue (Q)

$38.34M

Main Segment (Y)

Water Segment

Main Geography (Y)

Middle East And Africa

Energy Recovery Revenue by Period


Energy Recovery Revenue by Year

DateRevenueChange
2023-12-31$128.35M2.20%
2022-12-31$125.59M20.87%
2021-12-31$103.90M-12.68%
2020-12-31$118.99M36.86%
2019-12-31$86.94M16.68%
2018-12-31$74.52M17.99%
2017-12-31$63.16M15.43%
2016-12-31$54.72M22.37%
2015-12-31$44.71M46.96%
2014-12-31$30.43M-29.32%
2013-12-31$43.05M0.97%
2012-12-31$42.63M52.00%
2011-12-31$28.05M-38.83%
2010-12-31$45.85M-2.47%
2009-12-31$47.01M-9.79%
2008-12-31$52.12M47.17%
2007-12-31$35.41M76.56%
2006-12-31$20.06M87.65%
2005-12-31$10.69M164.12%
2004-12-31$4.05M0.05%
2003-12-31$4.04M-

Energy Recovery generated $128.35M in revenue during NA 2023, up 2.20% compared to the previous quarter, and up 172.25% compared to the same period a year ago.

Energy Recovery Revenue by Quarter

DateRevenueChange
2024-09-30$38.34M40.98%
2024-06-30$27.20M124.97%
2024-03-31$12.09M-78.86%
2023-12-31$57.19M54.41%
2023-09-30$37.04M78.72%
2023-06-30$20.72M54.64%
2023-03-31$13.40M-68.31%
2022-12-31$42.29M38.83%
2022-09-30$30.46M50.12%
2022-06-30$20.29M-37.65%
2022-03-31$32.55M-3.07%
2021-12-31$33.58M61.57%
2021-09-30$20.78M0.84%
2021-06-30$20.61M-28.79%
2021-03-31$28.94M9.51%
2020-12-31$26.43M-3.58%
2020-09-30$27.41M-37.15%
2020-06-30$43.61M102.41%
2020-03-31$21.54M10.48%
2019-12-31$19.50M-21.53%
2019-09-30$24.85M9.01%
2019-06-30$22.80M15.16%
2019-03-31$19.80M11.80%
2018-12-31$17.70M-20.39%
2018-09-30$22.24M7.10%
2018-06-30$20.76M50.39%
2018-03-31$13.81M-38.33%
2017-12-31$22.39M48.43%
2017-09-30$15.08M23.92%
2017-06-30$12.17M-9.91%
2017-03-31$13.51M-24.59%
2016-12-31$17.92M45.98%
2016-09-30$12.27M-7.18%
2016-06-30$13.22M17.01%
2016-03-31$11.30M-30.47%
2015-12-31$16.25M34.19%
2015-09-30$12.11M15.53%
2015-06-30$10.48M78.79%
2015-03-31$5.86M-60.32%
2014-12-31$14.78M176.68%
2014-09-30$5.34M-16.62%
2014-06-30$6.41M64.41%
2014-03-31$3.90M-83.23%
2013-12-31$23.23M377.30%
2013-09-30$4.87M-43.19%
2013-06-30$8.57M34.46%
2013-03-31$6.37M-57.74%
2012-12-31$15.08M43.67%
2012-09-30$10.50M-14.62%
2012-06-30$12.30M158.54%
2012-03-31$4.76M-22.22%
2011-12-31$6.12M23.96%
2011-09-30$4.93M-25.62%
2011-06-30$6.63M-36.03%
2011-03-31$10.37M-20.33%
2010-12-31$13.01M88.02%
2010-09-30$6.92M-47.98%
2010-06-30$13.30M5.46%
2010-03-31$12.62M-19.82%
2009-12-31$15.73M64.84%
2009-09-30$9.54M5.02%
2009-06-30$9.09M-28.13%
2009-03-31$12.65M-42.50%
2008-12-31$21.99M143.19%
2008-09-30$9.04M-24.39%
2008-06-30$11.96M31.15%
2008-03-31$9.12M27.75%
2007-12-31$7.14M-

Energy Recovery generated $38.34M in revenue during Q3 2024, up 40.98% compared to the previous quarter, and up 185.03% compared to the same period a year ago.

Energy Recovery Revenue Breakdown


Energy Recovery Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Water Segment$127.72M----
Emerging Technologies Segment$980.00K----
Product-$125.59M$103.90M$92.09M$72.83M

Energy Recovery's latest annual revenue breakdown by segment (product or service), as of Dec 23: Water Segment (99.24%), and Emerging Technologies Segment (0.76%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Water Segment$38.34M$26.92M$12.09M$57.10M$36.81M$20.51M$13.30M$42.24M$30.46M$20.21M----------
Emerging Technologies Segment$240.00K$288.00K$1.00K$442.00K$224.00K$209.00K$105.00K$54.00K-$79.00K$30.00K---------
Water----------$32.52M---------
License and Service---------------$3.72M----
Product-----------$33.58M$20.78M$20.61M$28.94M$26.43M$27.41M$19.26M$19.00M$15.78M

Energy Recovery's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Water Segment (99.38%), and Emerging Technologies Segment (0.62%).

Energy Recovery Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 19Dec 18
Americas$15.20M----
Middle East And Africa$76.61M----
Asia$30.50M----
Europe$6.03M----
Water Segment-$86.23M---
Water--$103.85M$46.57M-
UNITED STATES----$1.65M
Non-US----$59.38M

Energy Recovery's latest annual revenue breakdown by geography, as of Dec 23: Middle East And Africa (59.69%), Asia (23.76%), Americas (11.84%), and Europe (4.70%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Europe$2.51M$2.52M$1.39M$4.44M$1.59M$335.00K--------------
Americas$1.05M$1.97M$3.94M$9.99M$5.21M$3.79M--------------
Middle East And Africa$28.20M$14.71M$4.79M$52.07M$24.54M$18.56M--------------
Asia$6.83M$8.00M$1.98M$24.81M$5.69M$3.75M--------------
Water Segment-----$10.99M$2.74M$42.24M$16.72M$14.78M----------
Water----------$4.67M$33.58M$20.77M$20.57M$2.79M$22.67M$16.50M$16.23M$10.38M-

Energy Recovery's latest quarterly revenue breakdown by geography, as of Sep 24: Middle East And Africa (73.08%), Asia (17.70%), Europe (6.50%), and Americas (2.72%).

Energy Recovery Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
FSSFederal Signal$1.72B$474.20M
ZWSZurn Elkay Water Solutions$1.28B$412.00M
CECOCECO Environmental$544.85M$135.51M
ERIIEnergy Recovery$128.35M$38.34M
MKULMolekule Group$48.03M$8.35M
LIQTLiqTech$18.00M$4.24M
CLIRClearSign$2.40M$1.10M
SCWO374Water$743.95K$36.82K

ERII Revenue FAQ


Energy Recovery's yearly revenue for 2023 was $128.35M, representing an increase of 2.20% compared to 2022. The company's yearly revenue for 2022 was $125.59M, representing an increase of 20.87% compared to 2021. ERII's yearly revenue for 2021 was $103.9M, representing a decrease of -12.68% compared to 2020.

Energy Recovery's quarterly revenue for Q3 2024 was $38.34M, a 40.98% increase from the previous quarter (Q2 2024), and a 3.53% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $27.2M, a 124.97% increase from the previous quarter (Q1 2024), and a 31.25% increase year-over-year (Q2 2023). ERII's quarterly revenue for Q1 2024 was $12.09M, a -78.86% decrease from the previous quarter (Q4 2023), and a -9.78% decrease year-over-year (Q1 2023).

Energy Recovery's revenue growth rate for the last 3 years (2021-2023) was 23.53%, and for the last 5 years (2019-2023) was 47.63%.

Energy Recovery's revenue streams in c 23 are Water Segment, and Emerging Technologies Segment. Water Segment generated $127.72M in revenue, accounting 99.24% of the company's total revenue Emerging Technologies Segment generated $980K in revenue, accounting 0.76% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of Energy Recovery was Water Segment. This segment made a revenue of $127.72M, representing 99.24% of the company's total revenue.