Energy Recovery, Inc. (ERII)

Energy Recovery Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	22.96	23.05	21.5	24.05	14.27
Depreciation & Amortization	3.76	4.05	4.1	6.3	5.94
Stock-Based Compensation	7.72	10.32	8.04	6.51	6.05
Other Adjustments	0.47	0.07	0.1	1.64	1.13
Change in Receivables	-11.56	-19.4	-11.75	-14.71	-7.42
Changes in Inventories	0.01	1.2	1.35	-8.28	-
Changes in Accounts Payable	-1.46	0.79	2.63	0.14	-
Changes in Accrued Expenses	-3.83	1.81	0.29	-1.06	-
Changes in Unearned Revenue	0.47	-0.62	-0.13	-2.09	-
Changes in Other Operating Activities	0.24	-0.76	-0.1	0.14	-
Operating Cash Flow	18.77	20.52	26.05	12.63	19.97
Operating Cash Flow Growth	-8.54%	-21.23%	106.27%	-36.75%	18.38%
Capital Expenditures	-1.33	-1.3	-2.57	-4.23	-
Sale of Property, Plant & Equipment	0.01	0.13	0.09	1.1	-
Purchases of Investments	-31.37	-91	-84.56	-43.57	-
Proceeds from Sale of Investments	66.68	76.51	67.92	39.76	-
Investing Cash Flow	33.99	-15.65	-19.11	-6.95	-
Issuance of Common Stock	1.8	7.1	4.79	2.99	-
Repurchase of Common Stock	-36.33	-50.38	-	-26.65	-
Net Common Stock Issued (Repurchased)	-34.53	-43.28	4.79	-23.67	-
Financing Cash Flow	-34.53	-43.28	4.79	-23.67	-
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.1	-0.05	0.03	-0.02	-
Net Cash Flow	18.32	-38.47	11.77	-18	19.97
Free Cash Flow	17.44	19.22	23.49	8.4	19.97
Free Cash Flow Growth	-9.28%	-18.15%	179.64%	-57.94%	98.03%
FCF Margin	12.92%	13.26%	18.30%	6.69%	19.22%
Free Cash Flow Per Share	0.32	0.33	0.41	0.15	0.34
Levered Free Cash Flow	20.81	28.23	27.09	14.96	20.21
Unlevered Free Cash Flow	17.73	22.84	23.63	13.82	20.03

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q