ERII
Energy Recovery, Inc.
NASDAQ · Industrials · Industrial - Pollution & Treatment Controls · US
$7.63
−0.26%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 120.3M | 134.7M | 144.9M | 128.3M | 125.6M |
| Cost of Revenue | 41.6M | 46.9M | 48.0M | 41.3M | 38.2M |
| Gross Profit | 78.7M | 87.8M | 96.9M | 87.1M | 87.4M |
| Operating Expenses | |||||
| R&D Expense | 11.3M | 6.3M | 16.2M | 17.0M | 17.9M |
| SG&A Expense | 36.5M | 19.4M | 58.5M | 51.0M | 44.6M |
| General & Admin Expense | 20.7M | 5.7M | 33.1M | 28.9M | 28.3M |
| Selling & Marketing Expense | 15.9M | 13.7M | 25.4M | 22.2M | 16.3M |
| Other Expenses | 11.1M | 37.5M | 2.5M | — | — |
| Total Operating Expenses | 58.9M | 63.2M | 77.2M | 68.0M | 62.5M |
| Cost and Expenses | 100.6M | 110.1M | 125.2M | 109.3M | 100.8M |
| Operating Income (EBIT) | 19.7M | 24.6M | 19.7M | 19.1M | 24.8M |
| Non-Operating | |||||
| Interest Income | 3.0M | 3.6M | 6.2M | 3.8M | 908.0K |
| Interest Expense | — | — | — | — | — |
| Net Interest Income | 3.0M | 3.6M | 6.2M | 3.8M | 908.0K |
| Other Non-Op Income/Expense | (2.1M) | 3.0M | 6.0M | 3.7M | 1.2M |
| Non-Operating Income (excl Interest) | 2.1M | (3.0M) | (2.5M) | (3.7M) | (1.2M) |
| EBT (Pre-Tax Income) | 17.6M | 27.6M | 25.7M | 22.7M | 26.1M |
| Income Tax Expense | 2.2M | 4.6M | 2.7M | 1.2M | 2.0M |
| Bottom Line | |||||
| Net Income | 15.3M | 23.0M | 23.1M | 21.5M | 24.0M |
| Earnings from Cont. Ops | 15.3M | 23.0M | 23.1M | 21.5M | 24.0M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 15.3M | 23.0M | 23.1M | 21.5M | 24.0M |
| Per Share | |||||
| Basic EPS | $0.29 | $0.43 | $0.40 | $0.38 | $0.43 |
| Diluted EPS | $0.28 | $0.42 | $0.40 | $0.37 | $0.42 |
| Revenue Per Share | $2.34 | $2.50 | $2.53 | $2.27 | $2.23 |
| Shares | |||||
| Basic Shares Outstanding | 51.5M | 53.8M | 57.2M | 56.4M | 56.2M |
| Diluted Shares Outstanding | 51.5M | 54.2M | 57.8M | 57.7M | 57.6M |
| Profitability Metrics | |||||
| EBITDA | 27.7M | 31.4M | 28.0M | 28.5M | 32.4M |
| D&A | 10.1M | 3.8M | 5.8M | 5.7M | 6.3M |
| EBIT | 17.6M | 27.6M | 22.2M | 22.7M | 26.1M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026