Energy Recovery, Inc.

Energy Recovery, Inc.

ERIIยทNASDAQ

$8.26

+0.92%
IndustrialsIndustrial - Pollution & Treatment Controls

Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for the seawater reverse osmosis desalination and industrial wastewater treatment industries worldwide. The company operates through Water and Emerging Technologies segments. It offers a suite of products, including energy recovery devices, and high-pressure feed and recirculation pumps; hydraulic turbochargers and boosters; and spare parts, as well as repair, field, and commissioning services. The company also offers a solution to reduce energy consumption in natural gas processing and in refrigeration systems that use carbon dioxide. It provides its products under the ERI, Ultra PX, PX, Pressure Exchanger, PX Pressure Exchanger, PX PowerTrain, VorTeq, IsoBoost, AT, and AquaBold names to large engineering, procurement, and construction firms; end-users and industry consultants; original equipment manufacturers; and aftermarket customers. The company was incorporated in 1992 and is headquartered in San Leandro, California.

At a Glance

Live Snapshot
Market Cap$425.51M
EPS0.4300
P/E Ratio19.20
Earnings Date08/05/2026
3Y+7.0%
5Y+46.0%
10Y+146.0%
3Y-5.0%
5Y-13.0%
10Y+2121.0%
3Y+49.0%
5Y+11.0%
10Y+278.0%
Energy Recovery, Inc.

Energy Recovery, Inc. Profit Bridge

ERII ยท NASDAQ
Revenue134.70M
Cost of Goods Sold (46.92M)
Gross Profit87.78M
Operating Expenses (63.22M)
Operating Income24.55M
Interest Expense (0.00)
Other Income/Expense3.04M
Pretax Income27.59M
Income Tax (4.63M)
Net Income22.96M
Net Income
22.96M

Profitability Analysis

Gross Margin

65.2%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

18.2%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

17.0%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

16.8%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Energy Recovery, Inc. Income Statement

ERII โ€ข NASDAQ

Energy Recovery, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
134.7M
144.9M
128.3M
125.6M
103.9M
92.1M
72.8M
74.5M
63.2M
54.7M
44.7M
30.4M
43M
42.6M
28M
45.9M
47M
52.1M
35.4M
20.1M
GROSS PROFIT
(46.9M)
(48M)
(41.3M)
(38.2M)
(32.7M)
(28.2M)
(20.3M)
(17.9M)
(19.1M)
(17.8M)
(19.1M)
(13.7M)
(17.3M)
(22.4M)
(20.2M)
(23.8M)
(17.6M)
(18.9M)
(14.9M)
(8.1M)
87.8M
96.9M
87.1M
87.4M
71.2M
63.8M
52.5M
56.6M
44.1M
36.9M
25.6M
16.7M
25.7M
20.2M
7.8M
22.1M
29.4M
33.2M
20.6M
11.9M
OPERATING INCOME
(63.2M)
(77.2M)
(68M)
(62.5M)
(57.4M)
(32.5M)
(42.1M)
(46.7M)
(40.8M)
(36.5M)
(37.4M)
(35.2M)
(28.4M)
(28.3M)
(29.8M)
(27M)
(23.3M)
(20.3M)
(11.2M)
(8.3M)
(19.4M)
(58.5M)
(51M)
(44.6M)
(37.3M)
(33.6M)
(32.3M)
(29M)
(26.7M)
(25.7M)
(29.1M)
(24.7M)
(23.1M)
(22.4M)
(24.7M)
(25.2M)
(20.2M)
(17.9M)
(9.5M)
(7M)
(6.3M)
(16.2M)
(17M)
(17.9M)
(20.1M)
(23.4M)
(23.4M)
(17M)
(13.4M)
(10.1M)
(7.7M)
(9.7M)
(4.4M)
(4.8M)
(3.5M)
(3.9M)
(3M)
(2.4M)
(1.7M)
(1.3M)
24.6M
19.7M
19.1M
24.8M
13.8M
31.3M
10.4M
10M
3.3M
357K
-11.8M
-18.5M
-2.9M
-8.7M
-25.3M
-5M
6.2M
12.9M
9.3M
3.6M
PRE-TAX INCOME
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(1K)
(2K)
(3K)
(42K)
(0.0)
(0.0)
(6K)
(34K)
(73K)
(46K)
(79K)
(105K)
(77K)
3.6M
6.2M
3.8M
908K
204K
913K
2M
1.5M
868K
306K
11K
0.0
0.0
-6K
-34K
-73K
-46K
794K
412K
-19K
(37.5M)
(2.5M)
(0.0)
(0.0)
(12K)
-24.5M
-13.5M
-80K
-188K
(290K)
-139K
(69K)
(109K)
(143K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
3M
6M
3.7M
1.2M
173K
839K
1.9M
1.5M
680K
287K
-181K
69K
109K
137K
150K
-267K
8K
794K
412K
-19K
27.6M
25.7M
22.7M
26.1M
14M
32.1M
12.3M
11.4M
4M
644K
-12M
-18.4M
-2.8M
-8.5M
-25.1M
-5.2M
6.2M
13.7M
9.7M
3.6M
NET INCOME
(4.6M)
(2.7M)
(1.2M)
(2M)
-265K
(5.7M)
(1.3M)
-10.7M
-8.4M
-390K
-334K
(291K)
(327K)
-262K
(1.3M)
-1.6M
(2.5M)
(5M)
(3.9M)
(1.2M)
23M
23.1M
21.5M
24M
14.3M
26.4M
10.9M
22.1M
12.4M
1M
-11.6M
-18.7M
-3.1M
-8.3M
-26.4M
-3.6M
3.7M
8.7M
5.8M
2.4M

SEC Filings

ERII - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 28, 2026
May 28, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 21, 2026
December 31, 2025
2025
10-K

10-K 2025 FY

FY

February 25, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 25, 2026
February 25, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 05, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 05, 2025
November 05, 2025
2025
8-K

8-K 2025

N/A

August 06, 2025
August 06, 2025
2025
8-K

8-K 2025

N/A

August 06, 2025
August 06, 2025
2025
Showing 1 to 10 of 332 filings