Energy Recovery, Inc. (ERII)

Energy Recovery Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	61.44	48.08	29.63	68.1	56.35	74.36
Short-Term Investments	31.62	27.17	48.39	40.45	33.48	31.33
Cash & Short-Term Investments	93.06	75.25	78.02	108.54	89.83	105.69
Cash Growth	17.03%	-3.55%	-28.12%	20.83%	-15.00%	-7.86%
Accounts Receivable	14.24	76.64	64.07	47.53	35.78	21.11
Other Receivables	-	-	-	0.58	0.32	-
Receivables	14.24	76.64	64.07	48.11	36.1	21.11
Inventory	38.24	24.26	24.91	26.15	28.37	20.38
Prepaid Expenses	3.89	5.06	6.67	1.71	1.48	1.82
Other Current Assets	-	-	-	0.96	2.09	2.76
Total Current Assets	149.42	181.21	173.66	185.47	157.87	151.76
Property, Plant & Equipment	19.3	20.64	25.12	30.17	32.7	35.01
Long-Term Investments	5.02	8.03	21.83	13.83	3.06	2.3
Goodwill	11.13	12.79	12.79	12.79	12.79	12.79
Other Intangible Assets	-	-	-	-	-	0.04
Long-Term Deferred Tax Assets	12.07	8.27	9	10.32	10.26	11.42
Other Long-Term Assets	0.8	0.58	0.39	0.39	0.37	0.37
Total Assets	197.74	231.51	242.79	252.97	217.04	213.69

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	5	2.11	3.11	3	0.81	0.91
Accrued Expenses	8.51	9.06	13.22	13.45	13.46	13.12
Current Portion of Leases	2.65	2.53	2.02	1.79	1.6	1.56
Current Income Taxes Payable	0.01	2.4	0.95	1.08	0.27	-
Current Unearned Revenue	1.11	1.04	0.57	1.1	1.2	3.32
Other Current Liabilities	1.27	0.21	3.57	1.06	0.97	0.88
Total Current Liabilities	18.56	17.35	23.43	21.47	18.3	19.79
Long-Term Leases	5.58	6.9	9.3	11.49	13.28	14.88
Long-Term Unearned Revenue	-	-	-	0.09	0.12	0.09
Other Long-Term Liabilities	1.12	1.07	0.06	0.12	-	0.16
Total Liabilities	25.26	25.32	32.78	33.17	31.7	34.91

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.07	0.07	0.07	0.07	0.06	0.06
Additional Paid-In Capital	247.32	244.4	235.01	217.62	204.96	195.59
Retained Earnings	113.22	128.67	105.71	82.66	61.15	37.1
Treasury Stock	-187.69	-166.85	-130.87	-80.49	-80.49	-53.83
Comprehensive Income & Other	-0.44	-0.09	0.1	-0.04	-0.35	-0.15
Shareholders' Equity	172.48	206.19	210.01	219.81	185.34	178.78
Total Liabilities & Equity	197.74	231.51	242.79	252.97	217.04	213.69

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	8.23	9.43	11.32	13.28	14.88	16.44
Net Cash (Debt)	84.82	65.82	66.7	95.26	74.96	89.25
Net Cash Growth	23.00%	-1.32%	-29.98%	27.10%	-16.01%	-8.01%
Net Cash Per Share	1.60	1.22	1.15	1.65	1.30	1.52
Filing Date Shares Outstanding	51.04	52.83	54.96	57.08	56.28	56.81
Total Common Shares Outstanding	51.17	52.81	54.79	56.88	56.08	56.82
Working Capital	130.87	163.86	150.23	164	139.57	131.98
Book Value Per Share	3.37	3.90	3.83	3.86	3.31	3.15
Tangible Book Value	161.35	193.4	197.22	207.02	172.55	165.95
Tangible Book Value Per Share	3.15	3.66	3.60	3.64	3.08	2.92
Machinery	-	33.11	33.07	34.28	31.74	32.91
Construction In Progress	-	0.22	0.14	1.21	2.41	3.3
Leasehold Improvements	-	19.8	19.42	18.9	17.58	15.22

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 26, 2026

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