Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 65.39% is in line with its 5-year average of 67.14%, around the middle of its 5-year range (44.65%–74.67%).
3.84% above its 12-month average of 62.97%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 74.67%.
GROSS MARGIN
65.39%
GROSS MARGIN AVG TTM
62.97%
GROSS MARGIN AVG 3Y
66.68%
GROSS MARGIN AVG 5Y
67.14%
GROSS MARGIN AVG 10Y
69.15%
GROSS MARGIN AVG 15Y
64.86%
GROSS MARGIN AVG 20Y
63.75%
CURRENT VS TTM AVG
+3.84%
CURRENT VS 3Y AVG
-1.93%
CURRENT VS 5Y AVG
-2.60%
CURRENT VS 10Y AVG
-5.44%
CURRENT VS 15Y AVG
+0.81%
CURRENT VS 20Y AVG
+2.58%
SECTOR MEDIAN · INDUSTRIALS
27.48%
median of 391 covered companies
CURRENT VS SECTOR MEDIAN
+137.95%
vs the sector median at left
Energy Recovery, Inc.
Market Cap
$364.17M
Gross Margin
65.39%
TTM Avg
62.97%
3Y Avg
66.68%
5Y Avg
67.14%
Market Cap
$346.60M
Gross Margin
54.94%
TTM Avg
48.06%
3Y Avg
48.06%
5Y Avg
48.06%
Market Cap
$384.79M
Gross Margin
21.36%
TTM Avg
21.65%
3Y Avg
20.48%
5Y Avg
19.64%
Market Cap
$334.17M
Gross Margin
9.59%
TTM Avg
4.79%
3Y Avg
10.36%
5Y Avg
10.99%
Market Cap
$405.67M
Gross Margin
-319.89%
TTM Avg
-109.94%
3Y Avg
-4.97%
5Y Avg
13.35%
Market Cap
$324.77M
Gross Margin
31.44%
TTM Avg
30.63%
3Y Avg
26.91%
5Y Avg
26.71%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Energy Recovery, Inc. (ERII) | $364.17M | 65.39% | 62.97% | 66.68% | 67.14% |
| Innovative Aerosystems, Inc. (IA)vs › | $346.60M | 54.94% | 48.06% | 48.06% | 48.06% |
| L.B. Foster Company (FSTR)vs › | $384.79M | 21.36% | 21.65% | 20.48% | 19.64% |
| StealthGas Inc. (GASS)vs › | $341.36M | 35.21% | 41.83% | 41.67% | 43.04% |
| NN, Inc. (NNBR)vs › | $340.65M | 12.98% | 14.51% | 14.73% | 16.15% |
| Deep Fission, Inc. (FISN)vs › | $339.98M | 0.00% | 0.00% | 0.00% | 0.00% |
| Perma-Fix Environmental Services, Inc. (PESI)vs › | $334.17M | 9.59% | 4.79% | 10.36% | 10.99% |
| Aduro Clean Technologies Inc. (ADUR)vs › | $405.67M | -319.89% | -109.94% | -4.97% | 13.35% |
| Electrovaya Inc. (ELVA)vs › | $324.77M | 31.44% | 30.63% | 26.91% | 26.71% |
| Phoenix Asia Holdings Limited Ordinary Shares (PHOE)vs › | $403.70M | 4.57% | 17.05% | 21.31% | 21.31% |
Gross Margin
65.4%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 74.67% |
| 2026-03-31 | 44.65% |
| 2025-12-31 | 67.29% |
| 2025-09-30 | 64.24% |
| 2025-06-30 | 64.00% |
| 2025-03-31 | 55.28% |
| 2024-12-31 | 70.25% |
| 2024-09-30 | 65.08% |
| 2024-06-30 | 64.58% |
| 2024-03-31 | 59.02% |
| 2023-12-31 | 69.07% |
| 2023-09-30 | 69.88% |
| 2023-06-30 | 65.35% |
| 2023-03-31 | 60.85% |
| 2022-12-31 | 70.68% |
| 2022-09-30 | 69.09% |
| 2022-06-30 | 65.90% |
| 2022-03-31 | 70.82% |
| 2021-12-31 | 68.97% |
| 2021-09-30 | 70.70% |
| 2021-06-30 | 65.15% |
| 2021-03-31 | 68.97% |
| 2020-12-31 | 68.97% |
| 2020-09-30 | 71.48% |
| 2020-06-30 | 65.99% |
| 2020-03-31 | 70.09% |
| 2019-12-31 | 71.54% |
| 2019-09-30 | 78.17% |
| 2019-06-30 | 75.95% |
| 2019-03-31 | 75.07% |
| 2018-12-31 | 79.89% |
| 2018-09-30 | 77.42% |
| 2018-06-30 | 71.22% |
| 2018-03-31 | 76.00% |
| 2017-12-31 | 70.22% |
| 2017-09-30 | 71.80% |
| 2017-06-30 | 71.00% |
| 2017-03-31 | 65.88% |
| 2016-12-31 | 66.67% |
| 2016-09-30 | 67.67% |
| 2016-06-30 | 67.96% |
| 2016-03-31 | 67.49% |
| 2015-12-31 | 58.19% |
| 2015-09-30 | 59.15% |
| 2015-06-30 | 53.87% |
| 2015-03-31 | 56.84% |
| 2014-12-31 | 61.29% |
| 2014-09-30 | 43.71% |
| 2014-06-30 | 47.99% |
| 2014-03-31 | 57.61% |
| 2013-12-31 | 62.52% |
| 2013-09-30 | 59.61% |
| 2013-06-30 | 61.57% |
| 2013-03-31 | 47.34% |
| 2012-12-31 | 43.09% |
| 2012-09-30 | 55.27% |
| 2012-06-30 | 54.16% |
| 2012-03-31 | 26.32% |
| 2011-12-31 | 1.44% |
| 2011-09-30 | 14.58% |
| 2011-06-30 | 35.10% |
| 2011-03-31 | 44.99% |
| 2010-12-31 | 43.82% |
| 2010-09-30 | 34.45% |
| 2010-06-30 | 49.82% |
| 2010-03-31 | 58.33% |
| 2009-12-31 | 59.68% |
| 2009-09-30 | 64.52% |
| 2009-06-30 | 63.79% |
| 2009-03-31 | 63.84% |
| 2008-12-31 | 64.49% |
| 2008-09-30 | 61.33% |
| 2008-06-30 | 66.97% |
| 2008-03-31 | 59.71% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 100.00% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
