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Side-by-side financial comparison of Energy Recovery, Inc. (ERII) and REGIS CORP (RGS). Click either name above to swap in a different company.
Energy Recovery, Inc. is the larger business by last-quarter revenue ($66.9M vs $57.1M, roughly 1.2× REGIS CORP). Energy Recovery, Inc. runs the higher net margin — 40.2% vs 0.8%, a 39.4% gap on every dollar of revenue. On growth, REGIS CORP posted the faster year-over-year revenue change (22.3% vs -0.3%). Energy Recovery, Inc. produced more free cash flow last quarter ($6.4M vs $891.0K). Over the past eight quarters, Energy Recovery, Inc.'s revenue compounded faster (8.1% CAGR vs 7.8%).
Energy Recovery Inc. is an American manufacturer of energy recovery devices for water and CO2 refrigeration industries.
REGIS CORPRGSEarnings & Financial Report
Regis Corporation is an American operator of hair salons. As of August 2021, it has 5,563 franchised and 276 company-owned salons. Its headquarters are in Minneapolis, Minnesota.
ERII vs RGS — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $66.9M | $57.1M |
| Net Profit | $26.9M | $456.0K |
| Gross Margin | 67.2% | — |
| Operating Margin | 46.8% | 10.8% |
| Net Margin | 40.2% | 0.8% |
| Revenue YoY | -0.3% | 22.3% |
| Net Profit YoY | 14.7% | -94.0% |
| EPS (diluted) | $0.49 | $0.16 |
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 | $57.1M | ||
| Q3 25 | $32.0M | $59.0M | ||
| Q2 25 | $28.1M | $60.4M | ||
| Q1 25 | — | $57.0M | ||
| Q4 24 | $67.1M | $46.7M | ||
| Q3 24 | $38.6M | $46.1M | ||
| Q2 24 | $27.2M | $49.4M | ||
| Q1 24 | $12.1M | $49.2M |
| Q4 25 | $26.9M | $456.0K | ||
| Q3 25 | $3.9M | $1.4M | ||
| Q2 25 | $2.1M | $116.5M | ||
| Q1 25 | — | $250.0K | ||
| Q4 24 | $23.5M | $7.6M | ||
| Q3 24 | $8.5M | $-853.0K | ||
| Q2 24 | $-642.0K | $91.2M | ||
| Q1 24 | $-8.3M | $-2.3M |
| 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% | 10.8% | ||
| Q3 25 | 11.4% | 10.0% | ||
| Q2 25 | 5.3% | 12.1% | ||
| Q1 25 | — | 8.8% | ||
| Q4 24 | 38.2% | 11.8% | ||
| Q3 24 | 18.3% | 4.6% | ||
| Q2 24 | -7.4% | — | ||
| Q1 24 | -90.4% | 8.3% |
| Q4 25 | 40.2% | 0.8% | ||
| Q3 25 | 12.1% | 2.3% | ||
| Q2 25 | 7.3% | 192.9% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | 35.0% | 16.4% | ||
| Q3 24 | 22.0% | -1.9% | ||
| Q2 24 | -2.4% | 184.7% | ||
| Q1 24 | -68.3% | -4.7% |
| Q4 25 | $0.49 | $0.16 | ||
| Q3 25 | $0.07 | $0.49 | ||
| Q2 25 | $0.04 | $43.67 | ||
| Q1 25 | — | $0.08 | ||
| Q4 24 | $0.40 | $2.71 | ||
| Q3 24 | $0.15 | $-0.36 | ||
| Q2 24 | $-0.01 | $38.40 | ||
| Q1 24 | $-0.14 | $-1.00 |
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 | $18.4M |
| Total DebtLower is stronger | — | $113.3M |
| Stockholders' EquityBook value | $206.2M | $188.7M |
| Total Assets | $231.5M | $588.3M |
| Debt / EquityLower = less leverage | — | 0.60× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.2M | $18.4M | ||
| Q3 25 | $70.4M | $16.6M | ||
| Q2 25 | $79.5M | $17.0M | ||
| Q1 25 | — | $13.3M | ||
| Q4 24 | $78.0M | $10.2M | ||
| Q3 24 | $118.6M | $6.3M | ||
| Q2 24 | $101.0M | $10.1M | ||
| Q1 24 | $117.4M | $5.9M |
| Q4 25 | — | $113.3M | ||
| Q3 25 | — | $111.3M | ||
| Q2 25 | — | $110.8M | ||
| Q1 25 | — | $112.0M | ||
| Q4 24 | — | $111.5M | ||
| Q3 24 | — | $95.2M | ||
| Q2 24 | — | $99.5M | ||
| Q1 24 | — | $179.7M |
| Q4 25 | $206.2M | $188.7M | ||
| Q3 25 | $180.8M | $187.6M | ||
| Q2 25 | $185.2M | $185.6M | ||
| Q1 25 | — | $68.6M | ||
| Q4 24 | $210.0M | $66.7M | ||
| Q3 24 | $233.9M | $56.4M | ||
| Q2 24 | $218.5M | $56.8M | ||
| Q1 24 | $216.0M | $-35.8M |
| Q4 25 | $231.5M | $588.3M | ||
| Q3 25 | $209.6M | $592.1M | ||
| Q2 25 | $212.3M | $599.0M | ||
| Q1 25 | — | $511.2M | ||
| Q4 24 | $242.8M | $530.1M | ||
| Q3 24 | $262.7M | $508.9M | ||
| Q2 24 | $249.0M | $530.5M | ||
| Q1 24 | $244.3M | $543.7M |
| Q4 25 | — | 0.60× | ||
| Q3 25 | — | 0.59× | ||
| Q2 25 | — | 0.60× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | — | 1.67× | ||
| Q3 24 | — | 1.69× | ||
| Q2 24 | — | 1.75× | ||
| Q1 24 | — | — |
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 | $1.7M |
| Free Cash FlowOCF − Capex | $6.4M | $891.0K |
| FCF MarginFCF / Revenue | 9.6% | 1.6% |
| Capex IntensityCapex / Revenue | 1.0% | 1.4% |
| Cash ConversionOCF / Net Profit | 0.26× | 3.65× |
| TTM Free Cash FlowTrailing 4 quarters | $15.8M | $14.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.1M | $1.7M | ||
| Q3 25 | $-3.1M | $2.3M | ||
| Q2 25 | $4.1M | $6.8M | ||
| Q1 25 | — | $6.2M | ||
| Q4 24 | $9.0M | $2.1M | ||
| Q3 24 | $-3.0M | $-1.3M | ||
| Q2 24 | $8.1M | $5.1M | ||
| Q1 24 | $6.5M | $-277.0K |
| Q4 25 | $6.4M | $891.0K | ||
| Q3 25 | $-3.5M | $1.9M | ||
| Q2 25 | $4.0M | $6.2M | ||
| Q1 25 | — | $5.9M | ||
| Q4 24 | $8.9M | $1.7M | ||
| Q3 24 | $-3.2M | $-1.4M | ||
| Q2 24 | $7.9M | $5.1M | ||
| Q1 24 | $5.7M | $-326.0K |
| Q4 25 | 9.6% | 1.6% | ||
| Q3 25 | -10.9% | 3.2% | ||
| Q2 25 | 14.3% | 10.3% | ||
| Q1 25 | — | 10.3% | ||
| Q4 24 | 13.2% | 3.6% | ||
| Q3 24 | -8.2% | -3.0% | ||
| Q2 24 | 28.9% | 10.3% | ||
| Q1 24 | 46.9% | -0.7% |
| Q4 25 | 1.0% | 1.4% | ||
| Q3 25 | 1.1% | 0.7% | ||
| Q2 25 | 0.5% | 0.9% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | 0.2% | 0.9% | ||
| Q3 24 | 0.4% | 0.0% | ||
| Q2 24 | 0.7% | 0.0% | ||
| Q1 24 | 6.8% | 0.1% |
| Q4 25 | 0.26× | 3.65× | ||
| Q3 25 | -0.81× | 1.68× | ||
| Q2 25 | 2.02× | 0.06× | ||
| Q1 25 | — | 24.80× | ||
| Q4 24 | 0.38× | 0.28× | ||
| Q3 24 | -0.35× | — | ||
| Q2 24 | — | 0.06× | ||
| Q1 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% |
RGS
| Franchise Segment | $37.9M | 66% |
| Royalty | $13.6M | 24% |
| Other | $2.8M | 5% |
| Fees | $1.8M | 3% |
| Franchise Fees | $1.0M | 2% |
