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

Date	Revenue	Change
2023-12-31	$128.35M	2.20%
2022-12-31	$125.59M	20.87%
2021-12-31	$103.90M	-12.68%
2020-12-31	$118.99M	36.86%
2019-12-31	$86.94M	16.68%
2018-12-31	$74.52M	17.99%
2017-12-31	$63.16M	15.43%
2016-12-31	$54.72M	22.37%
2015-12-31	$44.71M	46.96%
2014-12-31	$30.43M	-29.32%
2013-12-31	$43.05M	0.97%
2012-12-31	$42.63M	52.00%
2011-12-31	$28.05M	-38.83%
2010-12-31	$45.85M	-2.47%
2009-12-31	$47.01M	-9.79%
2008-12-31	$52.12M	47.17%
2007-12-31	$35.41M	76.56%
2006-12-31	$20.06M	87.65%
2005-12-31	$10.69M	164.12%
2004-12-31	$4.05M	0.05%
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

Date	Revenue	Change
2024-09-30	$38.34M	40.98%
2024-06-30	$27.20M	124.97%
2024-03-31	$12.09M	-78.86%
2023-12-31	$57.19M	54.41%
2023-09-30	$37.04M	78.72%
2023-06-30	$20.72M	54.64%
2023-03-31	$13.40M	-68.31%
2022-12-31	$42.29M	38.83%
2022-09-30	$30.46M	50.12%
2022-06-30	$20.29M	-37.65%
2022-03-31	$32.55M	-3.07%
2021-12-31	$33.58M	61.57%
2021-09-30	$20.78M	0.84%
2021-06-30	$20.61M	-28.79%
2021-03-31	$28.94M	9.51%
2020-12-31	$26.43M	-3.58%
2020-09-30	$27.41M	-37.15%
2020-06-30	$43.61M	102.41%
2020-03-31	$21.54M	10.48%
2019-12-31	$19.50M	-21.53%
2019-09-30	$24.85M	9.01%
2019-06-30	$22.80M	15.16%
2019-03-31	$19.80M	11.80%
2018-12-31	$17.70M	-20.39%
2018-09-30	$22.24M	7.10%
2018-06-30	$20.76M	50.39%
2018-03-31	$13.81M	-38.33%
2017-12-31	$22.39M	48.43%
2017-09-30	$15.08M	23.92%
2017-06-30	$12.17M	-9.91%
2017-03-31	$13.51M	-24.59%
2016-12-31	$17.92M	45.98%
2016-09-30	$12.27M	-7.18%
2016-06-30	$13.22M	17.01%
2016-03-31	$11.30M	-30.47%
2015-12-31	$16.25M	34.19%
2015-09-30	$12.11M	15.53%
2015-06-30	$10.48M	78.79%
2015-03-31	$5.86M	-60.32%
2014-12-31	$14.78M	176.68%
2014-09-30	$5.34M	-16.62%
2014-06-30	$6.41M	64.41%
2014-03-31	$3.90M	-83.23%
2013-12-31	$23.23M	377.30%
2013-09-30	$4.87M	-43.19%
2013-06-30	$8.57M	34.46%
2013-03-31	$6.37M	-57.74%
2012-12-31	$15.08M	43.67%
2012-09-30	$10.50M	-14.62%
2012-06-30	$12.30M	158.54%
2012-03-31	$4.76M	-22.22%
2011-12-31	$6.12M	23.96%
2011-09-30	$4.93M	-25.62%
2011-06-30	$6.63M	-36.03%
2011-03-31	$10.37M	-20.33%
2010-12-31	$13.01M	88.02%
2010-09-30	$6.92M	-47.98%
2010-06-30	$13.30M	5.46%
2010-03-31	$12.62M	-19.82%
2009-12-31	$15.73M	64.84%
2009-09-30	$9.54M	5.02%
2009-06-30	$9.09M	-28.13%
2009-03-31	$12.65M	-42.50%
2008-12-31	$21.99M	143.19%
2008-09-30	$9.04M	-24.39%
2008-06-30	$11.96M	31.15%
2008-03-31	$9.12M	27.75%
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/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 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

Country	Dec 23	Dec 22	Dec 21	Dec 19	Dec 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

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FSS	Federal Signal	$1.72B	$474.20M
ZWS	Zurn Elkay Water Solutions	$1.28B	$412.00M
CECO	CECO Environmental	$544.85M	$135.51M
ERII	Energy Recovery	$128.35M	$38.34M
LIQT	LiqTech	$18.00M	$2.48M
CLIR	ClearSign	$2.40M	$1.86M
SCWO	374Water	$743.95K	$81.49K

ERII Revenue FAQ

What is Energy Recovery’s yearly revenue?

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.

What is Energy Recovery’s quarterly revenue?

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).

What is Energy Recovery’s revenue growth rate?

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%.

What are Energy Recovery’s revenue streams?

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

What is Energy Recovery’s main source of 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.