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Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) and Energy Recovery, Inc. (ERII). Click either name above to swap in a different company.
BYLINE BANCORP, INC. is the larger business by last-quarter revenue ($112.4M vs $66.9M, roughly 1.7× Energy Recovery, Inc.). Energy Recovery, Inc. runs the higher net margin — 40.2% vs 33.4%, a 6.8% gap on every dollar of revenue. On growth, BYLINE BANCORP, INC. posted the faster year-over-year revenue change (9.0% vs -0.3%). Over the past eight quarters, Energy Recovery, Inc.'s revenue compounded faster (8.1% CAGR vs 6.4%).
Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.
Energy Recovery Inc. is an American manufacturer of energy recovery devices for water and CO2 refrigeration industries.
BY vs ERII — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $112.4M | $66.9M |
| Net Profit | $37.6M | $26.9M |
| Gross Margin | — | 67.2% |
| Operating Margin | — | 46.8% |
| Net Margin | 33.4% | 40.2% |
| Revenue YoY | 9.0% | -0.3% |
| Net Profit YoY | 33.0% | 14.7% |
| EPS (diluted) | $0.83 | $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.
| Q1 26 | $112.4M | — | ||
| Q4 25 | $117.0M | $66.9M | ||
| Q3 25 | $115.7M | $32.0M | ||
| Q2 25 | $110.5M | $28.1M | ||
| Q1 25 | $103.1M | — | ||
| Q4 24 | $104.7M | $67.1M | ||
| Q3 24 | $101.8M | $38.6M | ||
| Q2 24 | $99.4M | $27.2M |
| Q1 26 | $37.6M | — | ||
| Q4 25 | $34.5M | $26.9M | ||
| Q3 25 | $37.2M | $3.9M | ||
| Q2 25 | $30.1M | $2.1M | ||
| Q1 25 | $28.2M | — | ||
| Q4 24 | $30.3M | $23.5M | ||
| Q3 24 | $30.3M | $8.5M | ||
| Q2 24 | $29.7M | $-642.0K |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 40.1% | 46.8% | ||
| Q3 25 | 43.1% | 11.4% | ||
| Q2 25 | 35.2% | 5.3% | ||
| Q1 25 | 36.4% | — | ||
| Q4 24 | 38.6% | 38.2% | ||
| Q3 24 | 39.3% | 18.3% | ||
| Q2 24 | 40.4% | -7.4% |
| Q1 26 | 33.4% | — | ||
| Q4 25 | 34.1% | 40.2% | ||
| Q3 25 | 32.1% | 12.1% | ||
| Q2 25 | 27.2% | 7.3% | ||
| Q1 25 | 27.4% | — | ||
| Q4 24 | 34.3% | 35.0% | ||
| Q3 24 | 29.8% | 22.0% | ||
| Q2 24 | 29.9% | -2.4% |
| Q1 26 | $0.83 | — | ||
| Q4 25 | $0.77 | $0.49 | ||
| Q3 25 | $0.82 | $0.07 | ||
| Q2 25 | $0.66 | $0.04 | ||
| Q1 25 | $0.64 | — | ||
| Q4 24 | $0.68 | $0.40 | ||
| Q3 24 | $0.69 | $0.15 | ||
| Q2 24 | $0.68 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $198.4M | $75.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | $206.2M |
| Total Assets | $9.9B | $231.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $198.4M | — | ||
| Q4 25 | $149.1M | $75.2M | ||
| Q3 25 | $259.0M | $70.4M | ||
| Q2 25 | $218.3M | $79.5M | ||
| Q1 25 | $421.3M | — | ||
| Q4 24 | $563.1M | $78.0M | ||
| Q3 24 | $452.6M | $118.6M | ||
| Q2 24 | $730.5M | $101.0M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $206.2M | ||
| Q3 25 | $1.2B | $180.8M | ||
| Q2 25 | $1.2B | $185.2M | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | $210.0M | ||
| Q3 24 | $1.1B | $233.9M | ||
| Q2 24 | $1.0B | $218.5M |
| Q1 26 | $9.9B | — | ||
| Q4 25 | $9.7B | $231.5M | ||
| Q3 25 | $9.8B | $209.6M | ||
| Q2 25 | $9.7B | $212.3M | ||
| Q1 25 | $9.6B | — | ||
| Q4 24 | $9.5B | $242.8M | ||
| Q3 24 | $9.4B | $262.7M | ||
| Q2 24 | $9.6B | $249.0M |
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 | — | $7.1M |
| Free Cash FlowOCF − Capex | — | $6.4M |
| FCF MarginFCF / Revenue | — | 9.6% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | — | 0.26× |
| TTM Free Cash FlowTrailing 4 quarters | — | $15.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $140.3M | $7.1M | ||
| Q3 25 | $38.3M | $-3.1M | ||
| Q2 25 | $16.3M | $4.1M | ||
| Q1 25 | $27.1M | — | ||
| Q4 24 | $175.2M | $9.0M | ||
| Q3 24 | $19.8M | $-3.0M | ||
| Q2 24 | $40.1M | $8.1M |
| Q1 26 | — | — | ||
| Q4 25 | $136.3M | $6.4M | ||
| Q3 25 | $38.0M | $-3.5M | ||
| Q2 25 | $15.2M | $4.0M | ||
| Q1 25 | $25.0M | — | ||
| Q4 24 | $171.2M | $8.9M | ||
| Q3 24 | $19.1M | $-3.2M | ||
| Q2 24 | $39.4M | $7.9M |
| Q1 26 | — | — | ||
| Q4 25 | 116.5% | 9.6% | ||
| Q3 25 | 32.8% | -10.9% | ||
| Q2 25 | 13.7% | 14.3% | ||
| Q1 25 | 24.3% | — | ||
| Q4 24 | 163.5% | 13.2% | ||
| Q3 24 | 18.8% | -8.2% | ||
| Q2 24 | 39.7% | 28.9% |
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 1.0% | ||
| Q3 25 | 0.3% | 1.1% | ||
| Q2 25 | 1.0% | 0.5% | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 3.8% | 0.2% | ||
| Q3 24 | 0.6% | 0.4% | ||
| Q2 24 | 0.7% | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | 4.06× | 0.26× | ||
| Q3 25 | 1.03× | -0.81× | ||
| Q2 25 | 0.54× | 2.02× | ||
| Q1 25 | 0.96× | — | ||
| Q4 24 | 5.78× | 0.38× | ||
| Q3 24 | 0.65× | -0.35× | ||
| Q2 24 | 1.35× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BY
Segment breakdown not available.
ERII
| Water Segment | $38.6M | 58% |
| Other | $11.0M | 16% |
| Original Equipment Manufacturer | $10.6M | 16% |
| Aftermarket | $6.6M | 10% |
