Energy Recovery Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	120.57	134.99	144.95	128.35	125.59	103.9
Revenue Growth	-14.95%	-6.87%	12.93%	2.20%	20.87%	-12.68%
Cost of Revenue	41.76	47.06	48.02	41.27	38.24	32.67
Gross Profit	78.81	87.93	96.93	87.08	87.36	71.23
Selling, General & Admin	46.9	50.34	58.5	51.03	44.62	37.33
Research & Development	12.22	13.03	16.24	17	17.91	20.07
Operating Expenses	59.12	63.38	74.73	68.03	62.53	57.4
Operating Income	19.69	24.56	22.2	19.05	24.83	13.83
Interest & Investment Income	3.01	3.61	6.22	3.76	0.91	0.2
Other Non Operating Income (Expenses)	0.34	0.09	-0.21	-0.1	0.33	-0.03
EBT Excluding Unusual Items	23.04	28.26	28.21	22.71	26.07	14
Merger & Restructuring Charges	-3.8	-0.31	-2.48	-	-	-
Asset Writedown	-	-0.35	-	-	-	-
Pretax Income	17.58	27.6	25.74	22.71	26.07	14
Income Tax Expense	2.24	4.63	2.69	1.2	2.02	-0.27
Net Income	15.34	22.96	23.05	21.5	24.05	14.27
Net Income to Common	15.34	22.96	23.05	21.5	24.05	14.27
Net Income Growth	-36.42%	-0.38%	7.19%	-10.58%	68.54%	-45.92%
Shares Outstanding (Basic)	53	54	57	56	56	57
Shares Outstanding (Diluted)	53	54	58	58	58	59
Shares Change	-6.37%	-6.34%	0.14%	0.17%	-1.84%	3.68%
EPS (Basic)	0.29	0.43	0.40	0.38	0.43	0.25
EPS (Diluted)	0.28	0.42	0.40	0.37	0.42	0.24
EPS Growth	-35.32%	5.00%	8.11%	-11.91%	75.00%	-48.94%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	38.6	17.44	19.22	23.49	8.4	6.84
Free Cash Flow Per Share	0.73	0.32	0.33	0.41	0.15	0.12
Gross Margin	65.36%	65.14%	66.87%	67.84%	69.56%	68.56%
Operating Margin	16.33%	18.19%	15.32%	14.84%	19.77%	13.31%
Profit Margin	12.72%	17.01%	15.90%	16.75%	19.15%	13.73%
Free Cash Flow Margin	32.01%	12.92%	13.26%	18.30%	6.69%	6.59%
EBITDA	23.53	28.32	26.25	23.15	29.59	18.33
EBITDA Margin	19.51%	20.98%	18.11%	18.04%	23.56%	17.64%
D&A For EBITDA	3.83	3.76	4.05	4.1	4.76	4.5
EBIT	19.69	24.56	22.2	19.05	24.83	13.83
EBIT Margin	16.33%	18.19%	15.32%	14.84%	19.77%	13.31%
Effective Tax Rate	12.76%	16.79%	10.43%	5.29%	7.76%	-

SEC Filings: 10-K · 10-Q