ERII: financial statements from SEC — TradeAlmanac

ERII

Energy Recovery, Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	135m	145m
Cost of revenue	47m	48m
Gross profit	88m	97m
Research and development	13m	16m
Selling, general and administrative	30m	33m
Operating expenses	64m	77m
Operating income	24m	20m
Pre-tax income	28m	26m
Income tax	5m	3m
Net income	23m	23m
Earnings per share	0.43	0.40
Earnings per share, diluted	0.42	0.40
Weighted average shares	54m	57m
Weighted average shares, diluted	54m	58m

Balance sheet

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	50m	48m	47m	57m	49m	30m	63m	40m
Short-term investments	36m	27m

Cash flow

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	19m	21m
Depreciation and amortisation	4m	4m
Share-based compensation	8m	10m
Capital expenditure	1m	1m
Investing cash flow	34m	−16m
Share buybacks	36m

Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)