Energy Recovery (ERII) revenue breakdown
By segment, Water is the largest at 100% of fiscal 2025 revenue, growing 12% a year over 9 years.
By product, Product is the largest at 77% of fiscal 2020 revenue; License and development grew fastest, 35% a year over 4 years.
Revenue by segment
Fiscal years, as Energy Recovery reports them in its 10-K filings; fiscal 2025 total $135M.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Water | $48M | $54M | $61M | $73M | $92M | $104M | $125M | $128M | $144M | $135M | 100% |
| Emerging Technologies | $10M | $15M | $14M | $14M | $27M | $53,000 | $163,000 | $624,000 | $638,000 | $285,000 | 0% |
Revenue by product
Fiscal years, as Energy Recovery reports them in its 10-K filings; fiscal 2020 total $119M.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | Share |
|---|---|---|---|---|---|---|
| Product | — | $58M | $61M | $73M | $92M | 77% |
| License and development | $8M | $11M | $13M | $14M | $27M | 23% |
| PX, pumps and turbo devices | $48M | — | — | — | — | — |
| Oil & Gas | $2M | — | — | — | — | — |
Revenue by region
Fiscal years, as Energy Recovery reports them in its 10-K filings; fiscal 2025 total $135M.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Middle East | $22M | $30M | $36M | $47M | $74M | $78M | $86M | $50M | $60M | $68M | 51% |
| Other | — | — | — | — | — | — | — | $52M | $54M | $52M | 38% |
| Africa | — | — | — | — | — | — | — | $27M | $31M | $15M | 11% |
| Asia | $17M | $13M | $12M | $12M | $7M | $19M | $25M | — | — | — | — |
| Americas | $13M | $18M | $20M | $23M | $34M | $3M | $9M | — | — | — | — |
| Europe | $5M | $8M | $7M | $5M | $3M | $4M | $6M | — | — | — | — |
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Where does Energy Recovery make its money?
In fiscal 2025, by segment: Water $135M, Emerging Technologies $285,000.
From Energy Recovery's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.