Company / R&D Expense
Energy Recovery, Inc. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$13.0M
FY2025
5-year range
$13.0M / $20.1M
FY2021-FY2025
Trend
-19.7%
vs FY2024
Sector context
#256 of 264
Information Technology
What the data says
Among 264 Information Technology companies, Energy Recovery, Inc. is in the bottom 3% for r&d expense. R&D Expense has fluctuated over the past 10 years, ranging from $10M in FY2016 to $20M in FY2023.
Based on SEC 10-K filings.
$13M in FY2025 with a 5-year CAGR of -5.2%.
Declined from $20M to $13M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -10.0%
- 5-Year CAGR
- -5.2%
- 10-Year CAGR
- -
Sector benchmark
Bottom 3% in Information TechnologyTop 97% of 264This company $13.0M Sector average $924.6M
▼
-98.6% below sector average
Key checks
Key Insights
- 5-year CAGR of -5.2%, indicating a declining trend.
- In FY2025, r&d expense decreased 19.7% year-over-year.
- Ranks #256 out of 264 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 5.30 (safe zone, above 2.9 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $13.0M | -19.7% |
| FY2024 | $16.2M | -19.1% |
| FY2023 | $20.1M | +12.1% |
| FY2022 | $17.9M | -10.8% |
| FY2021 | $20.1M | +18.0% |
| FY2020 | $17.0M | +26.5% |
| FY2019 | $13.4M | -21.0% |
| FY2018 | $17.0M | +26.5% |
| FY2017 | $13.4M | +32.6% |
| FY2016 | $10.1M | +32.3% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026