vs
Side-by-side financial comparison of BrightSpire Capital, Inc. (BRSP) and Energy Recovery, Inc. (ERII). Click either name above to swap in a different company.
BrightSpire Capital, Inc. is the larger business by last-quarter revenue ($83.2M vs $66.9M, roughly 1.2× Energy Recovery, Inc.). Energy Recovery, Inc. runs the higher net margin — 40.2% vs -17.3%, a 57.5% gap on every dollar of revenue. On growth, Energy Recovery, Inc. posted the faster year-over-year revenue change (-0.3% vs -0.4%). BrightSpire Capital, Inc. produced more free cash flow last quarter ($55.1M vs $6.4M). Over the past eight quarters, Energy Recovery, Inc.'s revenue compounded faster (8.1% CAGR vs -6.8%).
Oakley Capital Investments, is a large British investment trust focused on investments in mid-market companies in the business services, consumer, education and technology sectors. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Energy Recovery Inc. is an American manufacturer of energy recovery devices for water and CO2 refrigeration industries.
BRSP vs ERII — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $83.2M | $66.9M |
| Net Profit | $-14.4M | $26.9M |
| Gross Margin | — | 67.2% |
| Operating Margin | — | 46.8% |
| Net Margin | -17.3% | 40.2% |
| Revenue YoY | -0.4% | -0.3% |
| Net Profit YoY | 27.3% | 14.7% |
| EPS (diluted) | $-0.11 | $0.49 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $83.2M | $66.9M | ||
| Q3 25 | $83.9M | $32.0M | ||
| Q2 25 | $85.9M | $28.1M | ||
| Q1 25 | $77.6M | — | ||
| Q4 24 | $83.5M | $67.1M | ||
| Q3 24 | $88.2M | $38.6M | ||
| Q2 24 | $91.4M | $27.2M | ||
| Q1 24 | $95.8M | $12.1M |
| Q4 25 | $-14.4M | $26.9M | ||
| Q3 25 | $984.0K | $3.9M | ||
| Q2 25 | $-23.1M | $2.1M | ||
| Q1 25 | $5.3M | — | ||
| Q4 24 | $-19.7M | $23.5M | ||
| Q3 24 | $12.7M | $8.5M | ||
| Q2 24 | $-67.9M | $-642.0K | ||
| Q1 24 | $-57.1M | $-8.3M |
| Q4 25 | — | 67.2% | ||
| Q3 25 | — | 64.2% | ||
| Q2 25 | — | 64.0% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 70.2% | ||
| Q3 24 | — | 65.1% | ||
| Q2 24 | — | 64.6% | ||
| Q1 24 | — | 59.0% |
| Q4 25 | — | 46.8% | ||
| Q3 25 | -1.7% | 11.4% | ||
| Q2 25 | -54.5% | 5.3% | ||
| Q1 25 | 5.1% | — | ||
| Q4 24 | -24.9% | 38.2% | ||
| Q3 24 | 13.2% | 18.3% | ||
| Q2 24 | -74.9% | -7.4% | ||
| Q1 24 | -59.4% | -90.4% |
| Q4 25 | -17.3% | 40.2% | ||
| Q3 25 | 1.2% | 12.1% | ||
| Q2 25 | -26.9% | 7.3% | ||
| Q1 25 | 6.9% | — | ||
| Q4 24 | -23.7% | 35.0% | ||
| Q3 24 | 14.4% | 22.0% | ||
| Q2 24 | -74.2% | -2.4% | ||
| Q1 24 | -59.6% | -68.3% |
| Q4 25 | $-0.11 | $0.49 | ||
| Q3 25 | $0.00 | $0.07 | ||
| Q2 25 | $-0.19 | $0.04 | ||
| Q1 25 | $0.04 | — | ||
| Q4 24 | $-0.16 | $0.40 | ||
| Q3 24 | $0.09 | $0.15 | ||
| Q2 24 | $-0.53 | $-0.01 | ||
| Q1 24 | $-0.45 | $-0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $66.8M | $75.2M |
| Total DebtLower is stronger | $2.5B | — |
| Stockholders' EquityBook value | $938.4M | $206.2M |
| Total Assets | $3.6B | $231.5M |
| Debt / EquityLower = less leverage | 2.63× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.8M | $75.2M | ||
| Q3 25 | $113.4M | $70.4M | ||
| Q2 25 | $154.3M | $79.5M | ||
| Q1 25 | $200.9M | — | ||
| Q4 24 | $302.2M | $78.0M | ||
| Q3 24 | $263.8M | $118.6M | ||
| Q2 24 | $203.3M | $101.0M | ||
| Q1 24 | $221.5M | $117.4M |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.6B | — |
| Q4 25 | $938.4M | $206.2M | ||
| Q3 25 | $976.4M | $180.8M | ||
| Q2 25 | $994.4M | $185.2M | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | $210.0M | ||
| Q3 24 | $1.1B | $233.9M | ||
| Q2 24 | $1.1B | $218.5M | ||
| Q1 24 | $1.2B | $216.0M |
| Q4 25 | $3.6B | $231.5M | ||
| Q3 25 | $3.3B | $209.6M | ||
| Q2 25 | $3.4B | $212.3M | ||
| Q1 25 | $3.6B | — | ||
| Q4 24 | $3.7B | $242.8M | ||
| Q3 24 | $3.8B | $262.7M | ||
| Q2 24 | $3.8B | $249.0M | ||
| Q1 24 | $3.9B | $244.3M |
| Q4 25 | 2.63× | — | ||
| Q3 25 | 2.22× | — | ||
| Q2 25 | 2.27× | — | ||
| Q1 25 | 2.27× | — | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 2.36× | — | ||
| Q2 24 | 2.28× | — | ||
| Q1 24 | 2.17× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $73.0M | $7.1M |
| Free Cash FlowOCF − Capex | $55.1M | $6.4M |
| FCF MarginFCF / Revenue | 66.2% | 9.6% |
| Capex IntensityCapex / Revenue | 21.6% | 1.0% |
| Cash ConversionOCF / Net Profit | — | 0.26× |
| TTM Free Cash FlowTrailing 4 quarters | $102.0M | $15.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $73.0M | $7.1M | ||
| Q3 25 | $29.9M | $-3.1M | ||
| Q2 25 | $17.4M | $4.1M | ||
| Q1 25 | $10.5M | — | ||
| Q4 24 | $103.4M | $9.0M | ||
| Q3 24 | $31.3M | $-3.0M | ||
| Q2 24 | $22.9M | $8.1M | ||
| Q1 24 | $24.6M | $6.5M |
| Q4 25 | $55.1M | $6.4M | ||
| Q3 25 | $27.4M | $-3.5M | ||
| Q2 25 | $11.6M | $4.0M | ||
| Q1 25 | $8.0M | — | ||
| Q4 24 | $97.3M | $8.9M | ||
| Q3 24 | $28.3M | $-3.2M | ||
| Q2 24 | $22.7M | $7.9M | ||
| Q1 24 | $22.2M | $5.7M |
| Q4 25 | 66.2% | 9.6% | ||
| Q3 25 | 32.7% | -10.9% | ||
| Q2 25 | 13.4% | 14.3% | ||
| Q1 25 | 10.3% | — | ||
| Q4 24 | 116.6% | 13.2% | ||
| Q3 24 | 32.1% | -8.2% | ||
| Q2 24 | 24.9% | 28.9% | ||
| Q1 24 | 23.2% | 46.9% |
| Q4 25 | 21.6% | 1.0% | ||
| Q3 25 | 2.9% | 1.1% | ||
| Q2 25 | 6.8% | 0.5% | ||
| Q1 25 | 3.2% | — | ||
| Q4 24 | 7.3% | 0.2% | ||
| Q3 24 | 3.4% | 0.4% | ||
| Q2 24 | 0.1% | 0.7% | ||
| Q1 24 | 2.5% | 6.8% |
| Q4 25 | — | 0.26× | ||
| Q3 25 | 30.36× | -0.81× | ||
| Q2 25 | — | 2.02× | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | — | 0.38× | ||
| Q3 24 | 2.46× | -0.35× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BRSP
Segment breakdown not available.
ERII
| Water Segment | $38.6M | 58% |
| Other | $11.0M | 16% |
| Original Equipment Manufacturer | $10.6M | 16% |
| Aftermarket | $6.6M | 10% |
