Answer
Based on the excerpt you provided from Energy Recovery’s Q2 2025 earnings release, the only quantitative performance metric that is disclosed is revenue:
| Metric | Q2 2025 | Change vs. Q2 2024 |
|---|---|---|
| Revenue | $28.1 million | + $0.9 million (≈ +3.3 %) |
The press‑release snippet does not contain the gross‑margin or operating‑margin figures for the quarter, nor does it include any commentary that would allow us to calculate those margins from other disclosed numbers (e.g., cost of goods sold, operating expenses, net income). Consequently, we cannot provide the specific gross‑margin or operating‑margin percentages for Q2 2025, nor can we identify any margin‑related trends (improving, flat, or deteriorating) from the information at hand.
What this means for you
| Question | Answer |
|---|---|
| What were the gross‑margin and operating‑margin percentages for Q2 2025? | Not disclosed in the excerpt you shared. |
| Are there any notable margin trends evident from the release? | No margin‑related data are presented, so no trend can be identified from the current information. |
Next steps if you need the margin data
Review the full earnings release – The complete Business Wire announcement (or the accompanying Form 10‑Q) will normally contain a table with “Revenue,” “Cost of Revenue,” “Gross Profit,” “Operating Expenses,” “Operating Income,” and the corresponding percentages. Those numbers are where the gross‑margin (Gross Profit ÷ Revenue) and operating‑margin (Operating Income ÷ Revenue) are derived.
Check the company’s SEC filings – The quarterly Form 10‑Q filed with the SEC for the quarter ended June 30 2025 will have detailed financial statements and footnotes, including margin calculations and management discussion of any margin trends.
Look for analyst commentary – Financial news outlets, equity research notes, or earnings call transcripts often highlight whether margins are expanding or compressing and explain the drivers (e.g., product mix, cost efficiencies, R&D spend).
If you can provide the full press release or the relevant section of the Form 10‑Q, I’ll be happy to calculate the exact gross‑margin and operating‑margin percentages and discuss any emerging trends.