Energy Recovery Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	135.19	144.95	128.35	125.59	103.9	118.99	Upgrade
Revenue Growth (YoY)	0.10%	12.93%	2.20%	20.87%	-12.68%	36.86%	Upgrade
Cost of Revenue	45.1	48.02	41.27	38.24	32.67	28.25	Upgrade
Gross Profit	90.09	96.93	87.08	87.36	71.23	90.74	Upgrade
Selling, General & Admin	54.44	58.5	51.03	44.62	37.33	33.66	Upgrade
Research & Development	14.09	16.24	17	17.91	20.07	23.45	Upgrade
Operating Expenses	68.53	74.73	68.03	62.53	57.4	57.11	Upgrade
Operating Income	21.56	22.2	19.05	24.83	13.83	33.63	Upgrade
Interest & Investment Income	4.26	6.22	3.76	0.91	0.2	0.91	Upgrade
Other Non Operating Income (Expenses)	-0.14	-0.21	-0.1	0.33	-0.03	-0.07	Upgrade
EBT Excluding Unusual Items	25.68	28.21	22.71	26.07	14	34.47	Upgrade
Merger & Restructuring Charges	-3.02	-2.48	-	-	-	-	Upgrade
Asset Writedown	-0.35	-	-	-	-	-2.33	Upgrade
Pretax Income	22.31	25.74	22.71	26.07	14	32.13	Upgrade
Income Tax Expense	2.8	2.69	1.2	2.02	-0.27	5.75	Upgrade
Net Income	19.52	23.05	21.5	24.05	14.27	26.39	Upgrade
Net Income to Common	19.52	23.05	21.5	24.05	14.27	26.39	Upgrade
Net Income Growth	0.70%	7.19%	-10.58%	68.54%	-45.92%	141.79%	Upgrade
Shares Outstanding (Basic)	55	57	56	56	57	56	Upgrade
Shares Outstanding (Diluted)	55	58	58	58	59	57	Upgrade
Shares Change (YoY)	-3.72%	0.14%	0.17%	-1.84%	3.68%	1.02%	Upgrade
EPS (Basic)	0.36	0.40	0.38	0.43	0.25	0.47	Upgrade
EPS (Diluted)	0.36	0.40	0.37	0.42	0.24	0.47	Upgrade
EPS Growth	7.56%	8.11%	-11.91%	75.00%	-48.94%	147.37%	Upgrade
Free Cash Flow	19.88	19.22	23.49	8.4	6.84	10.09	Upgrade
Free Cash Flow Per Share	0.36	0.33	0.41	0.15	0.12	0.18	Upgrade
Gross Margin	66.64%	66.87%	67.84%	69.56%	68.56%	76.26%	Upgrade
Operating Margin	15.95%	15.32%	14.84%	19.77%	13.31%	28.26%	Upgrade
Profit Margin	14.44%	15.90%	16.75%	19.15%	13.73%	22.18%	Upgrade
Free Cash Flow Margin	14.70%	13.26%	18.30%	6.69%	6.59%	8.48%	Upgrade
EBITDA	25.37	26.25	23.15	29.59	18.33	37.52	Upgrade
EBITDA Margin	18.77%	18.11%	18.04%	23.56%	17.64%	31.53%	Upgrade
D&A For EBITDA	3.82	4.05	4.1	4.76	4.5	3.89	Upgrade
EBIT	21.56	22.2	19.05	24.83	13.83	33.63	Upgrade
EBIT Margin	15.95%	15.32%	14.84%	19.77%	13.31%	28.26%	Upgrade
Effective Tax Rate	12.53%	10.43%	5.29%	7.76%	-	17.88%	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.