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Side-by-side financial comparison of Energy Recovery, Inc. (ERII) and SITIME Corp (SITM). Click either name above to swap in a different company.
SITIME Corp is the larger business by last-quarter revenue ($113.3M vs $66.9M, roughly 1.7× Energy Recovery, Inc.). Energy Recovery, Inc. runs the higher net margin — 40.2% vs 8.1%, a 32.2% gap on every dollar of revenue. On growth, SITIME Corp posted the faster year-over-year revenue change (66.3% vs -0.3%). SITIME Corp produced more free cash flow last quarter ($13.0M vs $6.4M). Over the past eight quarters, SITIME Corp's revenue compounded faster (85.2% CAGR vs 8.1%).
Energy Recovery Inc. is an American manufacturer of energy recovery devices for water and CO2 refrigeration industries.
SiTime Corporation is a publicly traded fabless chipmaker based in Santa Clara, California that develops micro-electromechanical systems (MEMS), used for timing devices in electronics.
ERII vs SITM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $66.9M | $113.3M |
| Net Profit | $26.9M | $9.2M |
| Gross Margin | 67.2% | 56.4% |
| Operating Margin | 46.8% | 1.6% |
| Net Margin | 40.2% | 8.1% |
| Revenue YoY | -0.3% | 66.3% |
| Net Profit YoY | 14.7% | 148.7% |
| EPS (diluted) | $0.49 | $0.44 |
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 | $113.3M | ||
| Q3 25 | $32.0M | $83.6M | ||
| Q2 25 | $28.1M | $69.5M | ||
| Q1 25 | — | $60.3M | ||
| Q4 24 | $67.1M | $68.1M | ||
| Q3 24 | $38.6M | $57.7M | ||
| Q2 24 | $27.2M | $43.9M | ||
| Q1 24 | $12.1M | $33.0M |
| Q4 25 | $26.9M | $9.2M | ||
| Q3 25 | $3.9M | $-8.0M | ||
| Q2 25 | $2.1M | $-20.2M | ||
| Q1 25 | — | $-23.9M | ||
| Q4 24 | $23.5M | $-18.8M | ||
| Q3 24 | $8.5M | $-19.3M | ||
| Q2 24 | $-642.0K | $-26.8M | ||
| Q1 24 | $-8.3M | $-28.7M |
| Q4 25 | 67.2% | 56.4% | ||
| Q3 25 | 64.2% | 53.5% | ||
| Q2 25 | 64.0% | 51.9% | ||
| Q1 25 | — | 50.3% | ||
| Q4 24 | 70.2% | 52.6% | ||
| Q3 24 | 65.1% | 51.1% | ||
| Q2 24 | 64.6% | 49.1% | ||
| Q1 24 | 59.0% | 53.5% |
| Q4 25 | 46.8% | 1.6% | ||
| Q3 25 | 11.4% | -19.2% | ||
| Q2 25 | 5.3% | -35.4% | ||
| Q1 25 | — | -46.6% | ||
| Q4 24 | 38.2% | -33.8% | ||
| Q3 24 | 18.3% | -43.1% | ||
| Q2 24 | -7.4% | -73.7% | ||
| Q1 24 | -90.4% | -106.1% |
| Q4 25 | 40.2% | 8.1% | ||
| Q3 25 | 12.1% | -9.6% | ||
| Q2 25 | 7.3% | -29.0% | ||
| Q1 25 | — | -39.6% | ||
| Q4 24 | 35.0% | -27.6% | ||
| Q3 24 | 22.0% | -33.5% | ||
| Q2 24 | -2.4% | -61.0% | ||
| Q1 24 | -68.3% | -86.9% |
| Q4 25 | $0.49 | $0.44 | ||
| Q3 25 | $0.07 | $-0.31 | ||
| Q2 25 | $0.04 | $-0.84 | ||
| Q1 25 | — | $-1.01 | ||
| Q4 24 | $0.40 | $-0.80 | ||
| Q3 24 | $0.15 | $-0.83 | ||
| Q2 24 | $-0.01 | $-1.16 | ||
| Q1 24 | $-0.14 | $-1.26 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $206.2M | $1.2B |
| Total Assets | $231.5M | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.2M | — | ||
| Q3 25 | $70.4M | — | ||
| Q2 25 | $79.5M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $78.0M | — | ||
| Q3 24 | $118.6M | — | ||
| Q2 24 | $101.0M | — | ||
| Q1 24 | $117.4M | — |
| Q4 25 | $206.2M | $1.2B | ||
| Q3 25 | $180.8M | $1.1B | ||
| Q2 25 | $185.2M | $1.1B | ||
| Q1 25 | — | $692.5M | ||
| Q4 24 | $210.0M | $699.7M | ||
| Q3 24 | $233.9M | $696.2M | ||
| Q2 24 | $218.5M | $692.5M | ||
| Q1 24 | $216.0M | $696.2M |
| Q4 25 | $231.5M | $1.3B | ||
| Q3 25 | $209.6M | $1.3B | ||
| Q2 25 | $212.3M | $1.3B | ||
| Q1 25 | — | $872.1M | ||
| Q4 24 | $242.8M | $885.0M | ||
| Q3 24 | $262.7M | $877.9M | ||
| Q2 24 | $249.0M | $878.6M | ||
| Q1 24 | $244.3M | $942.6M |
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 | $25.4M |
| Free Cash FlowOCF − Capex | $6.4M | $13.0M |
| FCF MarginFCF / Revenue | 9.6% | 11.5% |
| Capex IntensityCapex / Revenue | 1.0% | 10.9% |
| Cash ConversionOCF / Net Profit | 0.26× | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | $15.8M | $35.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.1M | $25.4M | ||
| Q3 25 | $-3.1M | $31.4M | ||
| Q2 25 | $4.1M | $15.3M | ||
| Q1 25 | — | $15.0M | ||
| Q4 24 | $9.0M | $13.5M | ||
| Q3 24 | $-3.0M | $8.2M | ||
| Q2 24 | $8.1M | $-181.0K | ||
| Q1 24 | $6.5M | $1.7M |
| Q4 25 | $6.4M | $13.0M | ||
| Q3 25 | $-3.5M | $26.3M | ||
| Q2 25 | $4.0M | $-2.9M | ||
| Q1 25 | — | $-1.3M | ||
| Q4 24 | $8.9M | $-2.4M | ||
| Q3 24 | $-3.2M | $-6.7M | ||
| Q2 24 | $7.9M | $-2.7M | ||
| Q1 24 | $5.7M | $-1.2M |
| Q4 25 | 9.6% | 11.5% | ||
| Q3 25 | -10.9% | 31.5% | ||
| Q2 25 | 14.3% | -4.2% | ||
| Q1 25 | — | -2.1% | ||
| Q4 24 | 13.2% | -3.5% | ||
| Q3 24 | -8.2% | -11.6% | ||
| Q2 24 | 28.9% | -6.3% | ||
| Q1 24 | 46.9% | -3.6% |
| Q4 25 | 1.0% | 10.9% | ||
| Q3 25 | 1.1% | 6.1% | ||
| Q2 25 | 0.5% | 26.2% | ||
| Q1 25 | — | 27.0% | ||
| Q4 24 | 0.2% | 23.3% | ||
| Q3 24 | 0.4% | 25.7% | ||
| Q2 24 | 0.7% | 5.8% | ||
| Q1 24 | 6.8% | 8.8% |
| Q4 25 | 0.26× | 2.77× | ||
| Q3 25 | -0.81× | — | ||
| Q2 25 | 2.02× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | -0.35× | — | ||
| Q2 24 | — | — | ||
| 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% |
SITM
Segment breakdown not available.
