Energy Recovery, Inc. (ERII)

Energy Recovery Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	24.13	23.05	21.5	24.05	14.27	26.39
Depreciation & Amortization	5.75	5.82	5.75	6.3	5.94	5.3
Asset Writedown & Restructuring Costs	0.35	-	-	-	-	2.33
Loss (Gain) From Sale of Investments	-1.09	-1.33	-0.86	0.68	0.57	0.39
Stock-Based Compensation	8.12	10.32	8.04	6.51	6.05	4.79
Other Operating Activities	1.13	1.4	0.97	0.96	0.56	6.26
Change in Accounts Receivable	-14.4	-19.4	-11.75	-14.71	-7.42	-0.1
Change in Inventory	1.06	1.2	1.35	-8.28	-8.77	-1.62
Change in Accounts Payable	-1.22	0.79	2.63	0.14	-0.16	-0.21
Change in Unearned Revenue	-1.48	-0.62	-0.13	-2.09	1.77	-27.23
Change in Other Net Operating Assets	-1.57	-0.72	-1.45	-0.92	0.71	0.57
Operating Cash Flow	20.78	20.52	26.05	12.63	13.53	16.87
Operating Cash Flow Growth	-42.45%	-21.23%	106.27%	-6.62%	-19.82%	220.24%
Capital Expenditures	-0.6	-1.3	-2.57	-4.23	-6.68	-6.79
Sale of Property, Plant & Equipment	0.05	0.13	0.09	1.1	0.01	-
Investment in Securities	62.29	-14.49	-16.63	-3.82	-13.88	53.39
Investing Cash Flow	61.74	-15.65	-19.11	-6.95	-20.56	46.6
Issuance of Common Stock	6.58	7.1	4.79	2.99	10.55	4.4
Repurchase of Common Stock	-72.39	-50.38	-	-26.65	-23.35	-0.02
Financing Cash Flow	-65.81	-43.28	4.79	-23.67	-12.79	4.37
Foreign Exchange Rate Adjustments	0.03	-0.05	0.03	-0.02	-0.07	0.03
Net Cash Flow	16.74	-38.47	11.77	-18	-19.9	67.87
Free Cash Flow	20.18	19.22	23.49	8.4	6.84	10.09
Free Cash Flow Growth	-39.51%	-18.15%	179.64%	22.76%	-32.16%	-
Free Cash Flow Margin	14.23%	13.26%	18.30%	6.69%	6.59%	8.48%
Free Cash Flow Per Share	0.36	0.33	0.41	0.15	0.12	0.18
Cash Income Tax Paid	1.55	1.55	0.5	0.55	-0.19	0.04
Levered Free Cash Flow	12.56	11.74	17.21	0.62	0.11	11.36
Unlevered Free Cash Flow	12.56	11.74	17.21	0.62	0.11	11.36
Change in Working Capital	-17.62	-18.74	-9.34	-25.87	-13.87	-28.59

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q