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Side-by-side financial comparison of Energy Recovery, Inc. (ERII) and UNIVERSAL ELECTRONICS INC (UEIC). Click either name above to swap in a different company.
UNIVERSAL ELECTRONICS INC is the larger business by last-quarter revenue ($87.7M vs $66.9M, roughly 1.3× Energy Recovery, Inc.). On growth, Energy Recovery, Inc. posted the faster year-over-year revenue change (-0.3% vs -20.6%). Energy Recovery, Inc. produced more free cash flow last quarter ($6.4M vs $-4.9M). Over the past eight quarters, Energy Recovery, Inc.'s revenue compounded faster (8.1% CAGR vs -2.3%).
Energy Recovery Inc. is an American manufacturer of energy recovery devices for water and CO2 refrigeration industries.
Universal Electronics Inc. (UEI) is an American smart home technology provider and manufacturer of universal remote controls, IoT devices such as voice-enabled smart home hubs, smart thermostats, home sensors; as well as a white label digital assistant platform optimized for smart home applications, and other software and cloud services for device discovery, fingerprinting and interoperability. The company designs, develops, manufactures and ships products both under the "One For All" brand a...
ERII vs UEIC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $66.9M | $87.7M |
| Net Profit | $26.9M | — |
| Gross Margin | 67.2% | 29.7% |
| Operating Margin | 46.8% | 1.0% |
| Net Margin | 40.2% | — |
| Revenue YoY | -0.3% | -20.6% |
| Net Profit YoY | 14.7% | — |
| 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 | $87.7M | ||
| Q3 25 | $32.0M | $90.6M | ||
| Q2 25 | $28.1M | $97.7M | ||
| Q1 25 | — | $92.3M | ||
| Q4 24 | $67.1M | $110.5M | ||
| Q3 24 | $38.6M | $102.1M | ||
| Q2 24 | $27.2M | $90.5M | ||
| Q1 24 | $12.1M | $91.9M |
| Q4 25 | $26.9M | — | ||
| Q3 25 | $3.9M | $-8.3M | ||
| Q2 25 | $2.1M | $-2.9M | ||
| Q1 25 | — | $-6.3M | ||
| Q4 24 | $23.5M | — | ||
| Q3 24 | $8.5M | $-2.7M | ||
| Q2 24 | $-642.0K | $-8.2M | ||
| Q1 24 | $-8.3M | $-8.6M |
| Q4 25 | 67.2% | 29.7% | ||
| Q3 25 | 64.2% | 27.7% | ||
| Q2 25 | 64.0% | 29.9% | ||
| Q1 25 | — | 28.3% | ||
| Q4 24 | 70.2% | 28.4% | ||
| Q3 24 | 65.1% | 30.1% | ||
| Q2 24 | 64.6% | 28.7% | ||
| Q1 24 | 59.0% | 28.3% |
| Q4 25 | 46.8% | 1.0% | ||
| Q3 25 | 11.4% | -5.0% | ||
| Q2 25 | 5.3% | 1.0% | ||
| Q1 25 | — | -4.1% | ||
| Q4 24 | 38.2% | -3.9% | ||
| Q3 24 | 18.3% | 0.4% | ||
| Q2 24 | -7.4% | -4.9% | ||
| Q1 24 | -90.4% | -7.5% |
| Q4 25 | 40.2% | — | ||
| Q3 25 | 12.1% | -9.2% | ||
| Q2 25 | 7.3% | -3.0% | ||
| Q1 25 | — | -6.8% | ||
| Q4 24 | 35.0% | — | ||
| Q3 24 | 22.0% | -2.6% | ||
| Q2 24 | -2.4% | -9.1% | ||
| Q1 24 | -68.3% | -9.4% |
| Q4 25 | $0.49 | $-0.09 | ||
| Q3 25 | $0.07 | $-0.62 | ||
| Q2 25 | $0.04 | $-0.22 | ||
| Q1 25 | — | $-0.48 | ||
| Q4 24 | $0.40 | $-0.35 | ||
| Q3 24 | $0.15 | $-0.20 | ||
| Q2 24 | $-0.01 | $-0.63 | ||
| Q1 24 | $-0.14 | $-0.67 |
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 | $32.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $206.2M | $146.2M |
| Total Assets | $231.5M | $274.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.2M | $32.3M | ||
| Q3 25 | $70.4M | $31.5M | ||
| Q2 25 | $79.5M | $34.3M | ||
| Q1 25 | — | $27.4M | ||
| Q4 24 | $78.0M | $26.8M | ||
| Q3 24 | $118.6M | $26.3M | ||
| Q2 24 | $101.0M | $23.1M | ||
| Q1 24 | $117.4M | $26.9M |
| Q4 25 | $206.2M | $146.2M | ||
| Q3 25 | $180.8M | $146.1M | ||
| Q2 25 | $185.2M | $152.8M | ||
| Q1 25 | — | $150.0M | ||
| Q4 24 | $210.0M | $153.1M | ||
| Q3 24 | $233.9M | $161.2M | ||
| Q2 24 | $218.5M | $159.8M | ||
| Q1 24 | $216.0M | $169.7M |
| Q4 25 | $231.5M | $274.0M | ||
| Q3 25 | $209.6M | $280.7M | ||
| Q2 25 | $212.3M | $304.1M | ||
| Q1 25 | — | $310.6M | ||
| Q4 24 | $242.8M | $323.4M | ||
| Q3 24 | $262.7M | $321.3M | ||
| Q2 24 | $249.0M | $314.0M | ||
| Q1 24 | $244.3M | $322.9M |
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 | $-4.2M |
| Free Cash FlowOCF − Capex | $6.4M | $-4.9M |
| FCF MarginFCF / Revenue | 9.6% | -5.6% |
| Capex IntensityCapex / Revenue | 1.0% | 0.8% |
| Cash ConversionOCF / Net Profit | 0.26× | — |
| TTM Free Cash FlowTrailing 4 quarters | $15.8M | $19.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.1M | $-4.2M | ||
| Q3 25 | $-3.1M | $10.1M | ||
| Q2 25 | $4.1M | $8.7M | ||
| Q1 25 | — | $9.0M | ||
| Q4 24 | $9.0M | $6.5M | ||
| Q3 24 | $-3.0M | $5.7M | ||
| Q2 24 | $8.1M | $5.5M | ||
| Q1 24 | $6.5M | $-2.8M |
| Q4 25 | $6.4M | $-4.9M | ||
| Q3 25 | $-3.5M | $9.3M | ||
| Q2 25 | $4.0M | $7.5M | ||
| Q1 25 | — | $7.9M | ||
| Q4 24 | $8.9M | $5.5M | ||
| Q3 24 | $-3.2M | $4.8M | ||
| Q2 24 | $7.9M | $4.1M | ||
| Q1 24 | $5.7M | $-4.1M |
| Q4 25 | 9.6% | -5.6% | ||
| Q3 25 | -10.9% | 10.2% | ||
| Q2 25 | 14.3% | 7.7% | ||
| Q1 25 | — | 8.6% | ||
| Q4 24 | 13.2% | 4.9% | ||
| Q3 24 | -8.2% | 4.7% | ||
| Q2 24 | 28.9% | 4.5% | ||
| Q1 24 | 46.9% | -4.5% |
| Q4 25 | 1.0% | 0.8% | ||
| Q3 25 | 1.1% | 1.0% | ||
| Q2 25 | 0.5% | 1.2% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | 0.2% | 0.9% | ||
| Q3 24 | 0.4% | 0.8% | ||
| Q2 24 | 0.7% | 1.5% | ||
| Q1 24 | 6.8% | 1.5% |
| Q4 25 | 0.26× | — | ||
| 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% |
UEIC
| Other | $39.6M | 45% |
| Connected Home | $29.8M | 34% |
| Asia Excluding Peoples Republic Of China | $18.4M | 21% |
