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
26.47%
median of 471 covered companies
CURRENT VS SECTOR MEDIAN
+147.03%
vs the sector median at left
Energy Recovery, Inc.
Market Cap
$365.20M
Gross Margin
65.39%
TTM Avg
62.97%
3Y Avg
66.68%
5Y Avg
67.14%
Market Cap
$371.19M
Gross Margin
39.62%
TTM Avg
54.80%
3Y Avg
47.32%
5Y Avg
42.54%
Market Cap
$372.94M
Gross Margin
-580.23%
TTM Avg
-292.19%
3Y Avg
-570.80%
5Y Avg
-456.64%
Market Cap
$353.07M
Gross Margin
54.94%
TTM Avg
48.06%
3Y Avg
48.06%
5Y Avg
48.06%
Market Cap
$378.76M
Gross Margin
21.36%
TTM Avg
21.65%
3Y Avg
20.48%
5Y Avg
19.64%
Market Cap
$383.88M
Gross Margin
27.91%
TTM Avg
29.29%
3Y Avg
31.20%
5Y Avg
32.28%
Market Cap
$344.38M
Gross Margin
-47.91%
TTM Avg
-51.41%
3Y Avg
-51.79%
5Y Avg
-49.37%
Market Cap
$389.30M
Gross Margin
34.69%
TTM Avg
41.56%
3Y Avg
44.92%
5Y Avg
44.24%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Energy Recovery, Inc. (ERII) | $365.20M | 65.39% | 62.97% | 66.68% | 67.14% |
| Seanergy Maritime Holdings Corp. (SHIP)vs › | $371.19M | 39.62% | 54.80% | 47.32% | 42.54% |
| Serve Robotics Inc. (SERV)vs › | $372.94M | -580.23% | -292.19% | -570.80% | -456.64% |
| Innovative Aerosystems, Inc. (IA)vs › | $353.07M | 54.94% | 48.06% | 48.06% | 48.06% |
| L.B. Foster Company (FSTR)vs › | $378.76M | 21.36% | 21.65% | 20.48% | 19.64% |
| Xerox Holdings Corporation (XRX)vs › | $383.88M | 27.91% | 29.29% | 31.20% | 32.28% |
| X-Energy, Inc. Class A Common Stock (XE)vs › | $344.38M | -47.91% | -51.41% | -51.79% | -49.37% |
| Montauk Renewables, Inc. (MNTK)vs › | $389.30M | 34.69% | 41.56% | 44.92% | 44.24% |
| StealthGas Inc. (GASS)vs › | $338.95M | 35.21% | 41.83% | 41.67% | 43.04% |
| Phoenix Asia Holdings Limited Ordinary Shares (PHOE)vs › | $392.90M | 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% |