ERII - NASDAQ
Energy Recovery, Inc.
$8.04
-1.7%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 SnapshotEnergy Recovery, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.
Working Capital Impact
Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.
Cash Flow Quality Insight
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
Energy Recovery, Inc. Cash Flow Statement
ERII • NASDAQ
| Energy Recovery, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
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 | |
3.4M | 5.8M | 5.7M | 6.3M | 5.9M | 5.3M | 4.4M | 3.9M | 3.7M | 3.7M | 3.8M | 4M | 3.8M | 3.8M | 4.8M | 5.2M | 1.2M | 522K | 323K | 231K | |
737K | 1.3M | -61K | 1.2M | -391K | 5.9M | 1.4M | -10.4M | -8.9M | -459K | -326K | 273K | 227K | 150K | 2.8M | 1.1M | -39K | -674K | -341K | -859K | |
7.7M | 10.3M | 8M | 6.5M | 6.1M | 4.8M | 5.7M | 5.2M | 4.1M | 3.3M | 4.1M | 2.1M | 2.2M | 2.6M | 2.5M | 2.8M | 2.4M | 0.0 | 0.0 | 0.0 | |
55K | -1.2M | 164K | 479K | 1.5M | 3.1M | 559K | 1.4M | 710K | -257K | -1.9M | 1.4M | 666K | 3.5M | 4.5M | -1.4M | -94K | 557K | 1.8M | 1.2M | |
(0.0) | (1.6M) | (505K) | (549K) | (76K) | (52K) | (52K) | (610K) | (57K) | (51K) | (24K) | (35K) | (22K) | (23K) | (36K) | (1.7M) | (3.6M) | (5.1M) | (0.0) | (0.0) | |
-16.1M | -18.7M | -9.3M | -25.9M | -13.9M | -28.6M | -17.7M | -14.7M | -9.1M | -2.3M | 75M | 7.2M | -1.7M | -6.2M | 3.5M | -2.4M | 5.7M | -8.1M | -10.1M | -2.1M | |
18.8M | 20.5M | 26.1M | 12.6M | 13.5M | 16.9M | 5.3M | 7.6M | 2.9M | 5M | 69.1M | -3.7M | 2.1M | -4.4M | -8.3M | 1.7M | 12.8M | 1.4M | -2.8M | 822K | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-1.3M | -1.3M | -2.6M | -3.1M | -6.7M | -6.8M | -7.4M | -5.2M | -7.4M | -1.1M | -572K | -2.6M | -1.1M | -2.8M | -2M | -9.5M | -7.7M | -667K | -918K | -328K | |
(0.0) | (0.0) | (0.0) | (1.1M) | (6.7M) | (6.8M) | (7.4M) | (5.2M) | (0.0) | (0.0) | (0.0) | -1.4M | (1.7M) | (0.0) | (0.0) | (0.0) | -13.6M | (0.0) | (0.0) | (0.0) | |
-31.4M | -91M | -84.6M | -3.8M | -48.9M | -12.9M | -85.2M | -86.2M | -80.6M | -46.6M | (0.0) | -273K | -15.3M | -5M | -23M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
66.7M | 76.5M | 67.9M | 39.8M | 35M | 66.2M | 85.7M | 81.3M | 49.1M | 7.5M | 12.9M | 6M | 9.6M | 13.1M | 0.0 | 3.9M | 0.0 | 0.0 | 0.0 | 0.0 | |
10K | 133K | 87K | -40.9M | -6.7M | -6.8M | -7.4M | -5.2M | 1.5M | -577K | 1.7M | 4.7M | 307K | 1.3M | -3.3M | 36K | -10.6M | 1.3M | -1.1M | -183K | |
(34M) | -15.7M | -19.1M | -6.9M | -20.6M | (46.6M) | -6.9M | -10.2M | -37.4M | -40.7M | (14M) | (6.5M) | -4.9M | (6.7M) | -28.3M | -5.5M | -31.9M | (650K) | -2M | -511K | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-33.8M | -43.3M | 4.8M | -23.7M | -12.8M | 4.4M | 6.1M | -5.7M | 1.2M | -2.8M | 1.3M | -430K | 504K | -4M | 49K | 557K | 384K | 76.7M | 5.1M | 5K | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -27K | -11K | -10K | 48K | 0.0 | -18K | -167K | -332K | -566K | -1.9M | -209K | 65K | -664K | |
-35.6M | -50.4M | (0.0) | -26.7M | -23.3M | (0.0) | (0.0) | -10M | -4.3M | -9.4M | (0.0) | -2.8M | (0.0) | -4M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-707K | 0.0 | 0.0 | 0.0 | 0.0 | -23K | -110K | -150K | -270K | 0.0 | 0.0 | -1.4M | 0.0 | 24K | 16K | 130K | 484K | 574K | -106K | 129K | |
-34.5M | -43.3M | 4.8M | -23.7M | -12.8M | 4.4M | 6M | -5.9M | 951K | -2.8M | 1.4M | -1.8M | 486K | -4.1M | -267K | 121K | -1.1M | 77.1M | 5.1M | -530K | |
CASH FLOW SUMMARY | ||||||||||||||||||||
98K | -52K | 33K | -20K | -68K | 26K | 0.0 | -8K | -57K | -41K | -17K | 152K | 7K | 17K | -36K | -51K | -30K | -39K | -5K | 0.0 | |
18.3M | -38.5M | 11.8M | -18M | -19.9M | 67.9M | 4.4M | -8.5M | -33.6M | -38.6M | 84.4M | 1.1M | -2.3M | -1.9M | -36.8M | -3.8M | -20.2M | 79M | 198K | -219K | |
29.8M | 68.2M | 56.5M | 74.5M | 94.4M | 26.5M | 22.1M | 30.6M | 61.4M | 99.9M | 15.5M | 14.4M | 16.6M | 18.5M | 55.3M | 59.1M | 79.3M | 240K | 42K | 261K | |
48.1M | 29.8M | 68.2M | 56.5M | 74.5M | 94.4M | 26.5M | 22.1M | 27.8M | 61.4M | 99.9M | 15.5M | 14.4M | 16.6M | 18.5M | 55.3M | 59.1M | 79.3M | 240K | 42K | |
17.4M | 19.2M | 23.5M | 9.5M | 6.8M | 10.1M | -2.1M | 2.3M | -4.5M | 3.9M | 68.5M | -6.3M | 956K | -7.2M | -10.2M | -7.8M | 5.1M | 697K | -3.7M | 494K |
SEC Filings
ERII - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
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