Energy Recovery vs Lam Research: revenue, profit, margins and growth compared
Energy Recovery brought in $135M of revenue in fiscal 2025, Lam Research $23.2B in fiscal 2026. Revenue changed by -6.9% at Energy Recovery and +26.0% at Lam Research on the year before, so Lam Research grew faster. Energy Recovery kept 17.0% of its revenue as net profit, Lam Research 31.3%. Free cash flow was $17.4M at Energy Recovery and $4.9B at Lam Research.
Fiscal years as each company reports them; the two may end in different months.
Questions about Energy Recovery and Lam Research
Which is bigger by revenue, Energy Recovery or Lam Research?
Lam Research is bigger by revenue: $23.2B in fiscal 2026, against $135M for Energy Recovery in fiscal 2025.
Which keeps more of its revenue as profit, Energy Recovery or Lam Research?
Energy Recovery had a net margin of 17.0% in fiscal 2025; Lam Research had 31.3% in fiscal 2026.
Which grew revenue faster, Energy Recovery or Lam Research?
In their latest fiscal years revenue changed by -6.9% at Energy Recovery and +26.0% at Lam Research.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.