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Side-by-side financial comparison of Energy Recovery, Inc. (ERII) and PROCEPT BioRobotics Corp (PRCT). Click either name above to swap in a different company.
PROCEPT BioRobotics Corp is the larger business by last-quarter revenue ($83.1M vs $66.9M, roughly 1.2× Energy Recovery, Inc.). Energy Recovery, Inc. runs the higher net margin — 40.2% vs -38.1%, a 78.3% gap on every dollar of revenue. On growth, PROCEPT BioRobotics Corp posted the faster year-over-year revenue change (20.2% vs -0.3%). Over the past eight quarters, PROCEPT BioRobotics Corp's revenue compounded faster (24.8% CAGR vs 8.1%).
Energy Recovery Inc. is an American manufacturer of energy recovery devices for water and CO2 refrigeration industries.
PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.
ERII vs PRCT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $66.9M | $83.1M |
| Net Profit | $26.9M | $-31.6M |
| Gross Margin | 67.2% | 64.9% |
| Operating Margin | 46.8% | -4.1% |
| Net Margin | 40.2% | -38.1% |
| Revenue YoY | -0.3% | 20.2% |
| Net Profit YoY | 14.7% | -27.9% |
| EPS (diluted) | $0.49 | $-0.56 |
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 | — | $83.1M | ||
| Q4 25 | $66.9M | $76.4M | ||
| Q3 25 | $32.0M | $83.3M | ||
| Q2 25 | $28.1M | $79.2M | ||
| Q1 25 | — | $69.2M | ||
| Q4 24 | $67.1M | $68.2M | ||
| Q3 24 | $38.6M | $58.4M | ||
| Q2 24 | $27.2M | $53.4M |
| Q1 26 | — | $-31.6M | ||
| Q4 25 | $26.9M | $-29.8M | ||
| Q3 25 | $3.9M | $-21.4M | ||
| Q2 25 | $2.1M | $-19.6M | ||
| Q1 25 | — | $-24.7M | ||
| Q4 24 | $23.5M | $-18.9M | ||
| Q3 24 | $8.5M | $-21.0M | ||
| Q2 24 | $-642.0K | $-25.6M |
| Q1 26 | — | 64.9% | ||
| Q4 25 | 67.2% | 60.6% | ||
| Q3 25 | 64.2% | 64.8% | ||
| Q2 25 | 64.0% | 65.4% | ||
| Q1 25 | — | 63.9% | ||
| Q4 24 | 70.2% | 64.0% | ||
| Q3 24 | 65.1% | 63.2% | ||
| Q2 24 | 64.6% | 59.0% |
| Q1 26 | — | -4.1% | ||
| Q4 25 | 46.8% | -40.6% | ||
| Q3 25 | 11.4% | -27.8% | ||
| Q2 25 | 5.3% | -28.0% | ||
| Q1 25 | — | -39.7% | ||
| Q4 24 | 38.2% | -28.9% | ||
| Q3 24 | 18.3% | -38.4% | ||
| Q2 24 | -7.4% | -50.3% |
| Q1 26 | — | -38.1% | ||
| Q4 25 | 40.2% | -39.1% | ||
| Q3 25 | 12.1% | -25.7% | ||
| Q2 25 | 7.3% | -24.7% | ||
| Q1 25 | — | -35.8% | ||
| Q4 24 | 35.0% | -27.6% | ||
| Q3 24 | 22.0% | -35.9% | ||
| Q2 24 | -2.4% | -48.0% |
| Q1 26 | — | $-0.56 | ||
| Q4 25 | $0.49 | $-0.54 | ||
| Q3 25 | $0.07 | $-0.38 | ||
| Q2 25 | $0.04 | $-0.35 | ||
| Q1 25 | — | $-0.45 | ||
| Q4 24 | $0.40 | $-0.34 | ||
| Q3 24 | $0.15 | $-0.40 | ||
| Q2 24 | $-0.01 | $-0.50 |
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 | $245.6M |
| Total DebtLower is stronger | — | $51.7M |
| Stockholders' EquityBook value | $206.2M | $347.7M |
| Total Assets | $231.5M | $487.1M |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $245.6M | ||
| Q4 25 | $75.2M | $286.5M | ||
| Q3 25 | $70.4M | $294.3M | ||
| Q2 25 | $79.5M | $302.7M | ||
| Q1 25 | — | $316.2M | ||
| Q4 24 | $78.0M | $333.7M | ||
| Q3 24 | $118.6M | $196.8M | ||
| Q2 24 | $101.0M | $214.1M |
| Q1 26 | — | $51.7M | ||
| Q4 25 | — | $51.6M | ||
| Q3 25 | — | $51.6M | ||
| Q2 25 | — | $51.5M | ||
| Q1 25 | — | $51.5M | ||
| Q4 24 | — | $51.5M | ||
| Q3 24 | — | $51.4M | ||
| Q2 24 | — | $51.4M |
| Q1 26 | — | $347.7M | ||
| Q4 25 | $206.2M | $365.9M | ||
| Q3 25 | $180.8M | $380.3M | ||
| Q2 25 | $185.2M | $385.8M | ||
| Q1 25 | — | $389.2M | ||
| Q4 24 | $210.0M | $402.2M | ||
| Q3 24 | $233.9M | $241.2M | ||
| Q2 24 | $218.5M | $251.8M |
| Q1 26 | — | $487.1M | ||
| Q4 25 | $231.5M | $508.1M | ||
| Q3 25 | $209.6M | $511.5M | ||
| Q2 25 | $212.3M | $513.1M | ||
| Q1 25 | — | $519.4M | ||
| Q4 24 | $242.8M | $534.0M | ||
| Q3 24 | $262.7M | $374.1M | ||
| Q2 24 | $249.0M | $374.4M |
| Q1 26 | — | 0.15× | ||
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.20× |
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 | $7.1M | $-10.3M | ||
| Q3 25 | $-3.1M | $-6.6M | ||
| Q2 25 | $4.1M | $-15.0M | ||
| Q1 25 | — | $-17.0M | ||
| Q4 24 | $9.0M | $-32.4M | ||
| Q3 24 | $-3.0M | $-18.8M | ||
| Q2 24 | $8.1M | $-15.7M |
| Q1 26 | — | — | ||
| Q4 25 | $6.4M | $-12.2M | ||
| Q3 25 | $-3.5M | $-9.5M | ||
| Q2 25 | $4.0M | $-17.8M | ||
| Q1 25 | — | $-18.8M | ||
| Q4 24 | $8.9M | $-33.6M | ||
| Q3 24 | $-3.2M | $-19.0M | ||
| Q2 24 | $7.9M | $-16.8M |
| Q1 26 | — | — | ||
| Q4 25 | 9.6% | -15.9% | ||
| Q3 25 | -10.9% | -11.4% | ||
| Q2 25 | 14.3% | -22.5% | ||
| Q1 25 | — | -27.2% | ||
| Q4 24 | 13.2% | -49.2% | ||
| Q3 24 | -8.2% | -32.6% | ||
| Q2 24 | 28.9% | -31.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 2.4% | ||
| Q3 25 | 1.1% | 3.4% | ||
| Q2 25 | 0.5% | 3.5% | ||
| Q1 25 | — | 2.7% | ||
| Q4 24 | 0.2% | 1.7% | ||
| Q3 24 | 0.4% | 0.4% | ||
| Q2 24 | 0.7% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | 0.26× | — | ||
| Q3 25 | -0.81× | — | ||
| Q2 25 | 2.02× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | -0.35× | — | ||
| Q2 24 | — | — |
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% |
PRCT
| Handpieces and other consumables | $43.0M | 52% |
| System sales and rentals | $23.4M | 28% |
| Other | $11.1M | 13% |
| Service | $5.6M | 7% |
