To achieve a profit, a surplus, or a specific result through economic activity.
example
Das Unternehmen konnte im letzten Quartal einen Gewinn von zwei Millionen Euro erwirtschaften.
The company was able to generate a profit of two million euros in the last quarter.
Usage tips
Inseparable verb
The prefix 'er-' is inseparable and always stays attached to the verb. It often expresses that a result is successfully achieved through an action.
EXAMPLE
Ich hoffe, dass die Firma bald wieder Gewinne erwirtschaftet.
I hope that the company will soon generate profits again.
Typical collocations
This verb is almost always combined with economic results. Typical objects are 'einen Gewinn' (a profit), 'einen Überschuss' (a surplus), 'Umsatz' (revenue), or also 'einen Verlust' (a loss) with 'erwirtschaften' (to generate).
EXAMPLE
Trotz der Krise konnte ein kleiner Überschuss erwirtschaftet werden.
Despite the crisis, a small surplus was able to be generated.
Register and context
'Erwirtschaften' (to generate) belongs to business language. It is often found in annual reports, business news, and specialist articles.
EXAMPLE
Der Konzern hat im letzten Jahr einen Rekordumsatz erwirtschaftet.
The corporation generated record revenue last year.
Compare with
near_synonym
erwirtschaften vs verdienen
to earn / deserve
'verdienen' and 'erwirtschaften' both have to do with money or a financial result. 'verdienen' is usually used for people: someone receives money as wages for work. 'erwirtschaften' is used more for companies, projects, or businesses: profit, revenue, or a surplus comes about through economic activity. 'verdienen' sounds more personal and more everyday. 'erwirtschaften' sounds more neutral and is especially suitable for reports about companies or finances.
erwirtschaften
Das kleine Geschäft erwirtschaftet im Sommer den größten Teil seines Gewinns.
The small business generates the largest part of its profit in the summer.
verdienen
Die Mitarbeiterin verdient in der neuen Stelle mehr als vorher.
The employee earns more in her new position than before.