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Side-by-side financial comparison of Energy Recovery, Inc. (ERII) and KAMADA LTD (KMDA). Click either name above to swap in a different company.
Energy Recovery, Inc. is the larger business by last-quarter revenue ($66.9M vs $47.0M, roughly 1.4× KAMADA LTD). Energy Recovery, Inc. runs the higher net margin — 40.2% vs 11.3%, a 29.0% gap on every dollar of revenue. On growth, KAMADA LTD posted the faster year-over-year revenue change (12.6% vs -0.3%). Over the past eight quarters, KAMADA LTD's revenue compounded faster (12.0% CAGR vs 8.1%).
Energy Recovery Inc. is an American manufacturer of energy recovery devices for water and CO2 refrigeration industries.
Kamada Ltd. is a global biopharmaceutical company specializing in the research, manufacturing, and commercialization of specialty pharmaceuticals derived from human plasma.
ERII vs KMDA — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $66.9M | $47.0M |
| Net Profit | $26.9M | $5.3M |
| Gross Margin | 67.2% | 42.0% |
| Operating Margin | 46.8% | 16.6% |
| Net Margin | 40.2% | 11.3% |
| Revenue YoY | -0.3% | 12.6% |
| Net Profit YoY | 14.7% | 37.1% |
| EPS (diluted) | $0.49 | $0.09 |
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 | $66.9M | — | ||
| Q3 25 | $32.0M | $47.0M | ||
| Q2 25 | $28.1M | $44.8M | ||
| Q1 25 | — | $44.0M | ||
| Q4 24 | $67.1M | — | ||
| Q3 24 | $38.6M | $41.7M | ||
| Q2 24 | $27.2M | $42.5M | ||
| Q1 24 | $12.1M | $37.7M |
| Q4 25 | $26.9M | — | ||
| Q3 25 | $3.9M | $5.3M | ||
| Q2 25 | $2.1M | $7.4M | ||
| Q1 25 | — | $4.0M | ||
| Q4 24 | $23.5M | — | ||
| Q3 24 | $8.5M | $3.9M | ||
| Q2 24 | $-642.0K | $4.4M | ||
| Q1 24 | $-8.3M | $2.4M |
| Q4 25 | 67.2% | — | ||
| Q3 25 | 64.2% | 42.0% | ||
| Q2 25 | 64.0% | 42.3% | ||
| Q1 25 | — | 47.1% | ||
| Q4 24 | 70.2% | — | ||
| Q3 24 | 65.1% | 41.3% | ||
| Q2 24 | 64.6% | 44.6% | ||
| Q1 24 | 59.0% | 44.4% |
| Q4 25 | 46.8% | — | ||
| Q3 25 | 11.4% | 16.6% | ||
| Q2 25 | 5.3% | 15.8% | ||
| Q1 25 | — | 17.7% | ||
| Q4 24 | 38.2% | — | ||
| Q3 24 | 18.3% | 12.7% | ||
| Q2 24 | -7.4% | 13.3% | ||
| Q1 24 | -90.4% | 10.7% |
| Q4 25 | 40.2% | — | ||
| Q3 25 | 12.1% | 11.3% | ||
| Q2 25 | 7.3% | 16.5% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | 35.0% | — | ||
| Q3 24 | 22.0% | 9.3% | ||
| Q2 24 | -2.4% | 10.4% | ||
| Q1 24 | -68.3% | 6.3% |
| Q4 25 | $0.49 | — | ||
| Q3 25 | $0.07 | $0.09 | ||
| Q2 25 | $0.04 | $0.13 | ||
| Q1 25 | — | $0.07 | ||
| Q4 24 | $0.40 | — | ||
| Q3 24 | $0.15 | $0.07 | ||
| Q2 24 | $-0.01 | $0.08 | ||
| Q1 24 | $-0.14 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $75.2M | $72.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $206.2M | $265.2M |
| Total Assets | $231.5M | $377.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.2M | — | ||
| Q3 25 | $70.4M | $72.0M | ||
| Q2 25 | $79.5M | $66.0M | ||
| Q1 25 | — | $76.3M | ||
| Q4 24 | $78.0M | — | ||
| Q3 24 | $118.6M | $72.0M | ||
| Q2 24 | $101.0M | $56.5M | ||
| Q1 24 | $117.4M | $48.2M |
| Q4 25 | $206.2M | — | ||
| Q3 25 | $180.8M | $265.2M | ||
| Q2 25 | $185.2M | $260.0M | ||
| Q1 25 | — | $252.0M | ||
| Q4 24 | $210.0M | — | ||
| Q3 24 | $233.9M | $255.3M | ||
| Q2 24 | $218.5M | $251.2M | ||
| Q1 24 | $216.0M | $251.2M |
| Q4 25 | $231.5M | — | ||
| Q3 25 | $209.6M | $377.2M | ||
| Q2 25 | $212.3M | $368.2M | ||
| Q1 25 | — | $375.1M | ||
| Q4 24 | $242.8M | — | ||
| Q3 24 | $262.7M | $351.2M | ||
| Q2 24 | $249.0M | $351.0M | ||
| Q1 24 | $244.3M | $343.2M |
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 | $10.4M |
| Free Cash FlowOCF − Capex | $6.4M | — |
| FCF MarginFCF / Revenue | 9.6% | — |
| Capex IntensityCapex / Revenue | 1.0% | — |
| Cash ConversionOCF / Net Profit | 0.26× | 1.97× |
| TTM Free Cash FlowTrailing 4 quarters | $15.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.1M | — | ||
| Q3 25 | $-3.1M | $10.4M | ||
| Q2 25 | $4.1M | $8.0M | ||
| Q1 25 | — | $-513.0K | ||
| Q4 24 | $9.0M | — | ||
| Q3 24 | $-3.0M | $22.2M | ||
| Q2 24 | $8.1M | $14.0M | ||
| Q1 24 | $6.5M | $1.0M |
| Q4 25 | $6.4M | — | ||
| Q3 25 | $-3.5M | — | ||
| Q2 25 | $4.0M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.9M | — | ||
| Q3 24 | $-3.2M | — | ||
| Q2 24 | $7.9M | — | ||
| Q1 24 | $5.7M | — |
| Q4 25 | 9.6% | — | ||
| Q3 25 | -10.9% | — | ||
| Q2 25 | 14.3% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 13.2% | — | ||
| Q3 24 | -8.2% | — | ||
| Q2 24 | 28.9% | — | ||
| Q1 24 | 46.9% | — |
| Q4 25 | 1.0% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 6.8% | — |
| Q4 25 | 0.26× | — | ||
| Q3 25 | -0.81× | 1.97× | ||
| Q2 25 | 2.02× | 1.09× | ||
| Q1 25 | — | -0.13× | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | -0.35× | 5.75× | ||
| Q2 24 | — | 3.15× | ||
| Q1 24 | — | 0.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ERII
| Water Segment | $38.6M | 58% |
| Other | $11.0M | 16% |
| Original Equipment Manufacturer | $10.6M | 16% |
| Aftermarket | $6.6M | 10% |
KMDA
Segment breakdown not available.
