Where can I find ERII's financial statements?

Energy Recovery, Inc. (ERII)'s full income statement, balance sheet, and cash flow statement are on this page in 10-K-style line-item format. Switch between the three statements via the pill toggle above the table.

How much history is available for ERII?

Energy Recovery, Inc. (ERII) statements are available back to its earliest filed 10-K — typically 10+ years of annual data and 40 quarters of quarterly data. Free-tier users see 5 years and 8 quarters; full history unlocks with a Pro account.

How often does ERII update its statements?

Energy Recovery, Inc. files a 10-K annually (full audited year-end statements) and 10-Q reports quarterly (unaudited interim statements). New filings are typically parsed and reflected on this page within 48 hours of SEC submission.

ERII

Energy Recovery, Inc.

NASDAQ·Industrial, Pollution & Treatment Controls · Industrials

$8.62$0.14+1.65%

After hours·$8.76+1.62%

Market cap$444.32M·Market closed·Jul 21 8:00 PM UTC

USD · values shown as reported

Line item	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenue	$103.90M+12.8%	$125.59M+20.9%	$128.35M+2.2%	$144.95M+12.9%	$134.70M−7.1%
Cost of revenue	$32.67M+15.7%	$38.24M+17.0%	$41.27M+7.9%	$48.02M+16.3%	$46.92M−2.3%
Gross profit	$71.23M+11.6%	$87.36M+22.6%	$87.08M−0.3%	$96.93M+11.3%	$87.78M−9.4%
Research & development	$20.07M−14.4%	$17.91M−10.8%	$17.00M−5.1%	$16.24M−4.5%	$6.34M−60.9%
General & administrative	$25.16M−1.4%	$28.34M+12.6%	$28.86M+1.8%	$33.07M+14.6%	$5.69M−82.8%
Selling & marketing	$12.16M+49.6%	$16.28M+33.9%	$22.16M+36.2%	$25.42M+14.7%	$13.66M−46.3%
SG&A (combined)	$37.32M+10.9%	$44.62M+19.5%	$51.03M+14.4%	$58.50M+14.6%	$19.35M−66.9%
Other operating expenses	$12.00K+100.0%	—	—	$2.48M	$37.53M+1,415.8%
Total operating expenses	$57.40M+76.4%	$62.53M+8.9%	$68.03M+8.8%	$77.21M+13.5%	$63.22M−18.1%
Operating income	$13.83M−55.8%	$24.83M+79.5%	$19.05M−23.3%	$19.72M+3.5%	$24.56M+24.5%
Interest income	$204.00K−77.7%	$908.00K+345.1%	$3.76M+313.7%	$6.22M+65.5%	$3.61M−41.9%
Other income / (expense), net	$173.00K−79.4%	$1.24M+617.9%	$3.66M+194.3%	$6.01M+64.5%	$3.04M−49.4%
Income before tax	$14.00M−56.4%	$26.07M+86.2%	$22.71M−12.9%	$25.74M+13.3%	$27.60M+7.2%
Income tax expense	−$265.00K−104.6%	$2.02M+863.0%	$1.20M−40.6%	$2.69M+123.6%	$4.63M+72.6%
Net income	$14.27M−45.9%	$24.05M+68.5%	$21.50M−10.6%	$23.05M+7.2%	$22.96M−0.4%

EPS (basic)	$0.25−46.8%	$0.43+72.0%	$0.38−11.6%	$0.40+5.3%	$0.43+7.5%
EPS (diluted)	$0.24−48.9%	$0.42+75.0%	$0.37−11.9%	$0.40+8.1%	$0.42+5.0%
Weighted avg shares (basic)	56,993,000	56,221,000	56,444,000	57,213,000	53,802,000
Weighted avg shares (diluted)	58,723,000	57,641,000	57,740,000	57,822,000	54,158,000

Depreciation & amortization	$5.94M+12.1%	$6.30M+6.1%	$5.75M−8.8%	$5.82M+1.3%	$3.76M−35.4%
EBITDA	$19.94M−48.8%	$32.37M+62.3%	$28.45M−12.1%	$28.02M−1.5%	$31.36M+11.9%

Frequently Asked Questions About ERII

Where can I find ERII's financial statements?: Energy Recovery, Inc. (ERII)'s full income statement, balance sheet, and cash flow statement are on this page in 10-K-style line-item format. Switch between the three statements via the pill toggle above the table.
How much history is available for ERII?: Energy Recovery, Inc. (ERII) statements are available back to its earliest filed 10-K — typically 10+ years of annual data and 40 quarters of quarterly data. Free-tier users see 5 years and 8 quarters; full history unlocks with a Pro account.
How often does ERII update its statements?: Energy Recovery, Inc. files a 10-K annually (full audited year-end statements) and 10-Q reports quarterly (unaudited interim statements). New filings are typically parsed and reflected on this page within 48 hours of SEC submission.

Line item

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Trend

Revenue

$103.90M+12.8%

$125.59M+20.9%

$128.35M+2.2%

$144.95M+12.9%

$134.70M−7.1%

Cost of revenue

$32.67M+15.7%

$38.24M+17.0%

$41.27M+7.9%

$48.02M+16.3%

$46.92M−2.3%

Gross profit

$71.23M+11.6%

$87.36M+22.6%

$87.08M−0.3%

$96.93M+11.3%

$87.78M−9.4%

Research & development

$20.07M−14.4%

$17.91M−10.8%

$17.00M−5.1%

$16.24M−4.5%

$6.34M−60.9%

General & administrative

$25.16M−1.4%

$28.34M+12.6%

$28.86M+1.8%

$33.07M+14.6%

$5.69M−82.8%

Selling & marketing

$12.16M+49.6%

$16.28M+33.9%

$22.16M+36.2%

$25.42M+14.7%

$13.66M−46.3%

SG&A (combined)

$37.32M+10.9%

$44.62M+19.5%

$51.03M+14.4%

$58.50M+14.6%

$19.35M−66.9%

Other operating expenses

$12.00K+100.0%

—

$2.48M

$37.53M+1,415.8%

Total operating expenses

$57.40M+76.4%

$62.53M+8.9%

$68.03M+8.8%

$77.21M+13.5%

$63.22M−18.1%

Operating income

$13.83M−55.8%

$24.83M+79.5%

$19.05M−23.3%

$19.72M+3.5%

$24.56M+24.5%

Interest income

$204.00K−77.7%

$908.00K+345.1%

$3.76M+313.7%

$6.22M+65.5%

$3.61M−41.9%

Other income / (expense), net

$173.00K−79.4%

$1.24M+617.9%

$3.66M+194.3%

$6.01M+64.5%

$3.04M−49.4%

Income before tax

$14.00M−56.4%

$26.07M+86.2%

$22.71M−12.9%

$25.74M+13.3%

$27.60M+7.2%

Income tax expense

−$265.00K−104.6%

$2.02M+863.0%

$1.20M−40.6%

$2.69M+123.6%

$4.63M+72.6%

Net income

$14.27M−45.9%

$24.05M+68.5%

$21.50M−10.6%

$23.05M+7.2%

$22.96M−0.4%

EPS (basic)

$0.25−46.8%

$0.43+72.0%

$0.38−11.6%

$0.40+5.3%

$0.43+7.5%

EPS (diluted)

$0.24−48.9%

$0.42+75.0%

$0.37−11.9%

$0.40+8.1%

$0.42+5.0%

Weighted avg shares (basic)

56,993,000

56,221,000

56,444,000

57,213,000

53,802,000

Weighted avg shares (diluted)

58,723,000

57,641,000

57,740,000

57,822,000

54,158,000

Depreciation & amortization

$5.94M+12.1%

$6.30M+6.1%

$5.75M−8.8%

$5.82M+1.3%

$3.76M−35.4%

EBITDA

$19.94M−48.8%

$32.37M+62.3%

$28.45M−12.1%

$28.02M−1.5%

$31.36M+11.9%