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Side-by-side financial comparison of Energy Recovery, Inc. (ERII) and ZIPRECRUITER, INC. (ZIP). Click either name above to swap in a different company.

ZIPRECRUITER, INC. is the larger business by last-quarter revenue ($111.7M vs $66.9M, roughly 1.7× Energy Recovery, Inc.). Energy Recovery, Inc. runs the higher net margin — 40.2% vs -0.7%, a 41.0% gap on every dollar of revenue. On growth, ZIPRECRUITER, INC. posted the faster year-over-year revenue change (0.6% vs -0.3%). ZIPRECRUITER, INC. produced more free cash flow last quarter ($7.6M vs $6.4M). Over the past eight quarters, Energy Recovery, Inc.'s revenue compounded faster (8.1% CAGR vs -4.4%).

Energy Recovery Inc. is an American manufacturer of energy recovery devices for water and CO2 refrigeration industries.

ERII vs ZIP — Head-to-Head

Bigger by revenue
ZIP
ZIP
1.7× larger
ZIP
$111.7M
$66.9M
ERII
Growing faster (revenue YoY)
ZIP
ZIP
+0.9% gap
ZIP
0.6%
-0.3%
ERII
Higher net margin
ERII
ERII
41.0% more per $
ERII
40.2%
-0.7%
ZIP
More free cash flow
ZIP
ZIP
$1.2M more FCF
ZIP
$7.6M
$6.4M
ERII
Faster 2-yr revenue CAGR
ERII
ERII
Annualised
ERII
8.1%
-4.4%
ZIP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ERII
ERII
ZIP
ZIP
Revenue
$66.9M
$111.7M
Net Profit
$26.9M
$-835.0K
Gross Margin
67.2%
89.1%
Operating Margin
46.8%
3.6%
Net Margin
40.2%
-0.7%
Revenue YoY
-0.3%
0.6%
Net Profit YoY
14.7%
92.3%
EPS (diluted)
$0.49
$-0.03

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.

Revenue
ERII
ERII
ZIP
ZIP
Q4 25
$66.9M
$111.7M
Q3 25
$32.0M
$115.0M
Q2 25
$28.1M
$112.2M
Q1 25
$110.1M
Q4 24
$67.1M
$111.0M
Q3 24
$38.6M
$117.1M
Q2 24
$27.2M
$123.7M
Q1 24
$12.1M
$122.2M
Net Profit
ERII
ERII
ZIP
ZIP
Q4 25
$26.9M
$-835.0K
Q3 25
$3.9M
$-9.8M
Q2 25
$2.1M
$-9.5M
Q1 25
$-12.8M
Q4 24
$23.5M
$-10.8M
Q3 24
$8.5M
$-2.6M
Q2 24
$-642.0K
$7.0M
Q1 24
$-8.3M
$-6.5M
Gross Margin
ERII
ERII
ZIP
ZIP
Q4 25
67.2%
89.1%
Q3 25
64.2%
89.1%
Q2 25
64.0%
89.3%
Q1 25
89.4%
Q4 24
70.2%
89.6%
Q3 24
65.1%
89.4%
Q2 24
64.6%
89.5%
Q1 24
59.0%
89.1%
Operating Margin
ERII
ERII
ZIP
ZIP
Q4 25
46.8%
3.6%
Q3 25
11.4%
-4.4%
Q2 25
5.3%
-5.9%
Q1 25
-10.6%
Q4 24
38.2%
-3.6%
Q3 24
18.3%
-2.8%
Q2 24
-7.4%
7.6%
Q1 24
-90.4%
-0.7%
Net Margin
ERII
ERII
ZIP
ZIP
Q4 25
40.2%
-0.7%
Q3 25
12.1%
-8.5%
Q2 25
7.3%
-8.5%
Q1 25
-11.7%
Q4 24
35.0%
-9.7%
Q3 24
22.0%
-2.2%
Q2 24
-2.4%
5.7%
Q1 24
-68.3%
-5.3%
EPS (diluted)
ERII
ERII
ZIP
ZIP
Q4 25
$0.49
$-0.03
Q3 25
$0.07
$-0.11
Q2 25
$0.04
$-0.10
Q1 25
$-0.13
Q4 24
$0.40
$-0.10
Q3 24
$0.15
$-0.03
Q2 24
$-0.01
$0.07
Q1 24
$-0.14
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ERII
ERII
ZIP
ZIP
Cash + ST InvestmentsLiquidity on hand
$75.2M
$188.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$206.2M
$-77.2M
Total Assets
$231.5M
$569.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ERII
ERII
ZIP
ZIP
Q4 25
$75.2M
$188.0M
Q3 25
$70.4M
$211.8M
Q2 25
$79.5M
$203.5M
Q1 25
$221.1M
Q4 24
$78.0M
$218.4M
Q3 24
$118.6M
$225.6M
Q2 24
$101.0M
$271.7M
Q1 24
$117.4M
$282.5M
Stockholders' Equity
ERII
ERII
ZIP
ZIP
Q4 25
$206.2M
$-77.2M
Q3 25
$180.8M
$-76.1M
Q2 25
$185.2M
$-65.9M
Q1 25
$-11.3M
Q4 24
$210.0M
$13.4M
Q3 24
$233.9M
$13.6M
Q2 24
$218.5M
$24.4M
Q1 24
$216.0M
$12.7M
Total Assets
ERII
ERII
ZIP
ZIP
Q4 25
$231.5M
$569.7M
Q3 25
$209.6M
$573.6M
Q2 25
$212.3M
$592.4M
Q1 25
$629.4M
Q4 24
$242.8M
$664.1M
Q3 24
$262.7M
$652.0M
Q2 24
$249.0M
$665.3M
Q1 24
$244.3M
$662.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ERII
ERII
ZIP
ZIP
Operating Cash FlowLast quarter
$7.1M
$7.7M
Free Cash FlowOCF − Capex
$6.4M
$7.6M
FCF MarginFCF / Revenue
9.6%
6.8%
Capex IntensityCapex / Revenue
1.0%
0.1%
Cash ConversionOCF / Net Profit
0.26×
TTM Free Cash FlowTrailing 4 quarters
$15.8M
$9.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ERII
ERII
ZIP
ZIP
Q4 25
$7.1M
$7.7M
Q3 25
$-3.1M
$2.6M
Q2 25
$4.1M
$10.5M
Q1 25
$-9.9M
Q4 24
$9.0M
$12.5M
Q3 24
$-3.0M
$9.3M
Q2 24
$8.1M
$21.9M
Q1 24
$6.5M
$2.0M
Free Cash Flow
ERII
ERII
ZIP
ZIP
Q4 25
$6.4M
$7.6M
Q3 25
$-3.5M
$2.2M
Q2 25
$4.0M
$10.2M
Q1 25
$-10.2M
Q4 24
$8.9M
$12.0M
Q3 24
$-3.2M
$9.2M
Q2 24
$7.9M
$21.7M
Q1 24
$5.7M
$1.9M
FCF Margin
ERII
ERII
ZIP
ZIP
Q4 25
9.6%
6.8%
Q3 25
-10.9%
1.9%
Q2 25
14.3%
9.1%
Q1 25
-9.3%
Q4 24
13.2%
10.8%
Q3 24
-8.2%
7.8%
Q2 24
28.9%
17.6%
Q1 24
46.9%
1.6%
Capex Intensity
ERII
ERII
ZIP
ZIP
Q4 25
1.0%
0.1%
Q3 25
1.1%
0.3%
Q2 25
0.5%
0.3%
Q1 25
0.3%
Q4 24
0.2%
0.4%
Q3 24
0.4%
0.2%
Q2 24
0.7%
0.1%
Q1 24
6.8%
0.1%
Cash Conversion
ERII
ERII
ZIP
ZIP
Q4 25
0.26×
Q3 25
-0.81×
Q2 25
2.02×
Q1 25
Q4 24
0.38×
Q3 24
-0.35×
Q2 24
3.12×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ERII
ERII

Water Segment$38.6M58%
Other$11.0M16%
Original Equipment Manufacturer$10.6M16%
Aftermarket$6.6M10%

ZIP
ZIP

License$84.3M75%
Services$27.4M25%

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