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Energy Recovery, Inc.（ERII）与GRID DYNAMICS HOLDINGS, INC.（GDYN）财务数据对比。点击上方公司名可切换其他公司
GRID DYNAMICS HOLDINGS, INC.的季度营收约是Energy Recovery, Inc.的1.6倍（$104.1M vs $66.9M），Energy Recovery, Inc.净利率更高（40.2% vs -1.4%，领先41.7%），GRID DYNAMICS HOLDINGS, INC.同比增速更快（3.7% vs -0.3%），过去两年GRID DYNAMICS HOLDINGS, INC.的营收复合增速更高（12.0% vs 8.1%）
Energy Recovery, Inc.是一家美国制造商，专注生产为水务及二氧化碳制冷行业提供的能量回收装置，产品可帮助相关行业在工艺流程中回收利用富余能量，助力客户降低能耗成本，提升运营的绿色低碳水平，在细分领域拥有领先的技术积累。
Escape Dynamics Inc.是一家总部位于科罗拉多州的科技企业，活跃于2010年至2015年，核心业务方向是研发可单级入轨、依靠电磁驱动的可重复使用航天飞机，并推动该项目实现商业化落地。
ERII vs GDYN — 直观对比
营收规模更大
GDYN
是对方的1.6倍
$66.9M
营收增速更快
GDYN
高出4.0%
-0.3%
净利率更高
ERII
高出41.7%
-1.4%
两年增速更快
GDYN
近两年复合增速
8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $66.9M | $104.1M |
| 净利润 | $26.9M | $-1.5M |
| 毛利率 | 67.2% | 34.8% |
| 营业利润率 | 46.8% | 61.7% |
| 净利率 | 40.2% | -1.4% |
| 营收同比 | -0.3% | 3.7% |
| 净利润同比 | 14.7% | -150.6% |
| 每股收益（稀释后） | $0.49 | $-0.02 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ERIIGDYN
| Q1 26 | — | $104.1M | ||
| Q4 25 | $66.9M | $106.2M | ||
| Q3 25 | $32.0M | $104.2M | ||
| Q2 25 | $28.1M | $101.1M | ||
| Q1 25 | — | $100.4M | ||
| Q4 24 | $67.1M | $100.3M | ||
| Q3 24 | $38.6M | $87.4M | ||
| Q2 24 | $27.2M | $83.0M |
净利润ERIIGDYN
| Q1 26 | — | $-1.5M | ||
| Q4 25 | $26.9M | $306.0K | ||
| Q3 25 | $3.9M | $1.2M | ||
| Q2 25 | $2.1M | $5.3M | ||
| Q1 25 | — | $2.9M | ||
| Q4 24 | $23.5M | $4.5M | ||
| Q3 24 | $8.5M | $4.3M | ||
| Q2 24 | $-642.0K | $-817.0K |
毛利率ERIIGDYN
| Q1 26 | — | 34.8% | ||
| Q4 25 | 67.2% | 34.0% | ||
| Q3 25 | 64.2% | 33.3% | ||
| Q2 25 | 64.0% | 34.1% | ||
| Q1 25 | — | 36.8% | ||
| Q4 24 | 70.2% | 36.9% | ||
| Q3 24 | 65.1% | 37.4% | ||
| Q2 24 | 64.6% | 35.6% |
营业利润率ERIIGDYN
| Q1 26 | — | 61.7% | ||
| Q4 25 | 46.8% | 0.5% | ||
| Q3 25 | 11.4% | -0.2% | ||
| Q2 25 | 5.3% | -0.1% | ||
| Q1 25 | — | -2.0% | ||
| Q4 24 | 38.2% | 1.3% | ||
| Q3 24 | 18.3% | 2.4% | ||
| Q2 24 | -7.4% | 0.0% |
净利率ERIIGDYN
| Q1 26 | — | -1.4% | ||
| Q4 25 | 40.2% | 0.3% | ||
| Q3 25 | 12.1% | 1.1% | ||
| Q2 25 | 7.3% | 5.2% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | 35.0% | 4.5% | ||
| Q3 24 | 22.0% | 4.9% | ||
| Q2 24 | -2.4% | -1.0% |
每股收益（稀释后）ERIIGDYN
| Q1 26 | — | $-0.02 | ||
| Q4 25 | $0.49 | $0.01 | ||
| Q3 25 | $0.07 | $0.01 | ||
| Q2 25 | $0.04 | $0.06 | ||
| Q1 25 | — | $0.03 | ||
| Q4 24 | $0.40 | $0.06 | ||
| Q3 24 | $0.15 | $0.05 | ||
| Q2 24 | $-0.01 | $-0.01 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $75.2M | $327.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $206.2M | $530.1M |
| 总资产 | $231.5M | $605.0M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ERIIGDYN
| Q1 26 | — | $327.5M | ||
| Q4 25 | $75.2M | $342.1M | ||
| Q3 25 | $70.4M | $338.6M | ||
| Q2 25 | $79.5M | $336.8M | ||
| Q1 25 | — | $325.5M | ||
| Q4 24 | $78.0M | $334.7M | ||
| Q3 24 | $118.6M | $231.3M | ||
| Q2 24 | $101.0M | $256.0M |
股东权益ERIIGDYN
| Q1 26 | — | $530.1M | ||
| Q4 25 | $206.2M | $542.1M | ||
| Q3 25 | $180.8M | $537.7M | ||
| Q2 25 | $185.2M | $532.2M | ||
| Q1 25 | — | $517.4M | ||
| Q4 24 | $210.0M | $517.8M | ||
| Q3 24 | $233.9M | $400.2M | ||
| Q2 24 | $218.5M | $388.4M |
总资产ERIIGDYN
| Q1 26 | — | $605.0M | ||
| Q4 25 | $231.5M | $612.9M | ||
| Q3 25 | $209.6M | $613.2M | ||
| Q2 25 | $212.3M | $608.9M | ||
| Q1 25 | — | $590.9M | ||
| Q4 24 | $242.8M | $592.2M | ||
| Q3 24 | $262.7M | $477.3M | ||
| Q2 24 | $249.0M | $443.6M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $7.1M | — |
| 自由现金流经营现金流 - 资本支出 | $6.4M | — |
| 自由现金流率自由现金流/营收 | 9.6% | — |
| 资本支出强度资本支出/营收 | 1.0% | — |
| 现金转化率经营现金流/净利润 | 0.26× | — |
| 过去12个月自由现金流最近4个季度 | $15.8M | — |
8季度趋势，按日历期对齐
经营现金流ERIIGDYN
| Q1 26 | — | — | ||
| Q4 25 | $7.1M | $9.9M | ||
| Q3 25 | $-3.1M | $7.0M | ||
| Q2 25 | $4.1M | $14.4M | ||
| Q1 25 | — | $9.4M | ||
| Q4 24 | $9.0M | $7.1M | ||
| Q3 24 | $-3.0M | $9.2M | ||
| Q2 24 | $8.1M | $10.7M |
自由现金流ERIIGDYN
| Q1 26 | — | — | ||
| Q4 25 | $6.4M | $6.1M | ||
| Q3 25 | $-3.5M | $2.9M | ||
| Q2 25 | $4.0M | $10.2M | ||
| Q1 25 | — | $6.0M | ||
| Q4 24 | $8.9M | $4.4M | ||
| Q3 24 | $-3.2M | $5.9M | ||
| Q2 24 | $7.9M | $8.0M |
自由现金流率ERIIGDYN
| Q1 26 | — | — | ||
| Q4 25 | 9.6% | 5.7% | ||
| Q3 25 | -10.9% | 2.8% | ||
| Q2 25 | 14.3% | 10.1% | ||
| Q1 25 | — | 6.0% | ||
| Q4 24 | 13.2% | 4.4% | ||
| Q3 24 | -8.2% | 6.8% | ||
| Q2 24 | 28.9% | 9.7% |
资本支出强度ERIIGDYN
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 3.6% | ||
| Q3 25 | 1.1% | 3.9% | ||
| Q2 25 | 0.5% | 4.1% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | 0.2% | 2.6% | ||
| Q3 24 | 0.4% | 3.7% | ||
| Q2 24 | 0.7% | 3.2% |
现金转化率ERIIGDYN
| Q1 26 | — | — | ||
| Q4 25 | 0.26× | 32.34× | ||
| Q3 25 | -0.81× | 5.92× | ||
| Q2 25 | 2.02× | 2.73× | ||
| Q1 25 | — | 3.21× | ||
| Q4 24 | 0.38× | 1.56× | ||
| Q3 24 | -0.35× | 2.15× | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ERII
| Water Segment | $38.6M | 58% |
| Other | $11.0M | 16% |
| Original Equipment Manufacturer | $10.6M | 16% |
| Aftermarket | $6.6M | 10% |
GDYN
暂无分部数据
