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Side-by-side financial comparison of Energy Recovery, Inc. (ERII) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.
Energy Recovery, Inc. is the larger business by last-quarter revenue ($66.9M vs $35.3M, roughly 1.9× UNITY BANCORP INC). UNITY BANCORP INC runs the higher net margin — 43.9% vs 40.2%, a 3.6% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs -0.3%). UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $6.4M). Over the past eight quarters, UNITY BANCORP INC's revenue compounded faster (17.5% CAGR vs 8.1%).
Energy Recovery Inc. is an American manufacturer of energy recovery devices for water and CO2 refrigeration industries.
Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.
ERII vs UNTY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $66.9M | $35.3M |
| Net Profit | $26.9M | $15.5M |
| Gross Margin | 67.2% | — |
| Operating Margin | 46.8% | 55.8% |
| Net Margin | 40.2% | 43.9% |
| Revenue YoY | -0.3% | 24.2% |
| Net Profit YoY | 14.7% | 34.5% |
| EPS (diluted) | $0.49 | $1.52 |
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 | $35.3M | ||
| Q3 25 | $32.0M | $32.8M | ||
| Q2 25 | $28.1M | $34.4M | ||
| Q1 25 | — | $29.4M | ||
| Q4 24 | $67.1M | $28.4M | ||
| Q3 24 | $38.6M | $27.7M | ||
| Q2 24 | $27.2M | $25.5M | ||
| Q1 24 | $12.1M | $25.6M |
| Q4 25 | $26.9M | $15.5M | ||
| Q3 25 | $3.9M | $14.4M | ||
| Q2 25 | $2.1M | $16.5M | ||
| Q1 25 | — | $11.6M | ||
| Q4 24 | $23.5M | $11.5M | ||
| Q3 24 | $8.5M | $10.9M | ||
| Q2 24 | $-642.0K | $9.5M | ||
| Q1 24 | $-8.3M | $9.6M |
| 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% | 55.8% | ||
| Q3 25 | 11.4% | 57.5% | ||
| Q2 25 | 5.3% | 62.6% | ||
| Q1 25 | — | 52.6% | ||
| Q4 24 | 38.2% | 51.0% | ||
| Q3 24 | 18.3% | 52.7% | ||
| Q2 24 | -7.4% | 49.3% | ||
| Q1 24 | -90.4% | 50.0% |
| Q4 25 | 40.2% | 43.9% | ||
| Q3 25 | 12.1% | 43.8% | ||
| Q2 25 | 7.3% | 48.0% | ||
| Q1 25 | — | 39.5% | ||
| Q4 24 | 35.0% | 40.5% | ||
| Q3 24 | 22.0% | 39.4% | ||
| Q2 24 | -2.4% | 37.1% | ||
| Q1 24 | -68.3% | 37.5% |
| Q4 25 | $0.49 | $1.52 | ||
| Q3 25 | $0.07 | $1.41 | ||
| Q2 25 | $0.04 | $1.61 | ||
| Q1 25 | — | $1.13 | ||
| Q4 24 | $0.40 | $1.13 | ||
| Q3 24 | $0.15 | $1.07 | ||
| Q2 24 | $-0.01 | $0.92 | ||
| Q1 24 | $-0.14 | $0.94 |
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 | $345.6M |
| Total Assets | $231.5M | $3.0B |
| 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 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $230.8M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $206.2M | $345.6M | ||
| Q3 25 | $180.8M | $334.0M | ||
| Q2 25 | $185.2M | $319.8M | ||
| Q1 25 | — | $306.1M | ||
| Q4 24 | $210.0M | $295.6M | ||
| Q3 24 | $233.9M | $284.3M | ||
| Q2 24 | $218.5M | $273.4M | ||
| Q1 24 | $216.0M | $266.8M |
| Q4 25 | $231.5M | $3.0B | ||
| Q3 25 | $209.6M | $2.9B | ||
| Q2 25 | $212.3M | $2.9B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | $242.8M | $2.7B | ||
| Q3 24 | $262.7M | $2.6B | ||
| Q2 24 | $249.0M | $2.6B | ||
| Q1 24 | $244.3M | $2.6B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.78× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | $44.9M |
| Free Cash FlowOCF − Capex | $6.4M | $44.3M |
| FCF MarginFCF / Revenue | 9.6% | 125.7% |
| Capex IntensityCapex / Revenue | 1.0% | 1.6% |
| Cash ConversionOCF / Net Profit | 0.26× | 2.90× |
| TTM Free Cash FlowTrailing 4 quarters | $15.8M | $81.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.1M | $44.9M | ||
| Q3 25 | $-3.1M | $45.5M | ||
| Q2 25 | $4.1M | $-25.3M | ||
| Q1 25 | — | $17.9M | ||
| Q4 24 | $9.0M | $48.0M | ||
| Q3 24 | $-3.0M | $17.7M | ||
| Q2 24 | $8.1M | $-8.4M | ||
| Q1 24 | $6.5M | $15.8M |
| Q4 25 | $6.4M | $44.3M | ||
| Q3 25 | $-3.5M | $45.3M | ||
| Q2 25 | $4.0M | $-25.5M | ||
| Q1 25 | — | $17.6M | ||
| Q4 24 | $8.9M | $47.3M | ||
| Q3 24 | $-3.2M | $17.5M | ||
| Q2 24 | $7.9M | $-8.6M | ||
| Q1 24 | $5.7M | $15.7M |
| Q4 25 | 9.6% | 125.7% | ||
| Q3 25 | -10.9% | 138.1% | ||
| Q2 25 | 14.3% | -74.2% | ||
| Q1 25 | — | 59.9% | ||
| Q4 24 | 13.2% | 166.5% | ||
| Q3 24 | -8.2% | 63.3% | ||
| Q2 24 | 28.9% | -33.7% | ||
| Q1 24 | 46.9% | 61.4% |
| Q4 25 | 1.0% | 1.6% | ||
| Q3 25 | 1.1% | 0.7% | ||
| Q2 25 | 0.5% | 0.5% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | 0.2% | 2.4% | ||
| Q3 24 | 0.4% | 0.5% | ||
| Q2 24 | 0.7% | 0.5% | ||
| Q1 24 | 6.8% | 0.3% |
| Q4 25 | 0.26× | 2.90× | ||
| Q3 25 | -0.81× | 3.16× | ||
| Q2 25 | 2.02× | -1.54× | ||
| Q1 25 | — | 1.54× | ||
| Q4 24 | 0.38× | 4.17× | ||
| Q3 24 | -0.35× | 1.62× | ||
| Q2 24 | — | -0.89× | ||
| Q1 24 | — | 1.64× |
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% |
UNTY
Segment breakdown not available.
