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%	12.83%
Cost of Revenue	41.76	47.06	48.02	41.27	38.24	32.67
Gross Profit	77.18	87.93	96.93	87.08	87.36	71.23
Selling, General & Admin	46.9	50.7	58.5	51.03	44.62	37.33
Research & Development	12.22	13.03	16.24	17	17.91	20.07
Other Operating Expenses	5.46	0.31	2.48	-	-	-
Total Operating Expenses	64.58	64.04	77.21	68.03	62.53	57.4
Operating Income	-11.2	23.89	19.72	19.05	24.83	13.83
Interest Income	2.25	-	6.22	3.76	0.91	0.2
Other Non-Operating Income (Expense)	0.28	-	-0.21	-0.1	0.33	-0.03
Total Non-Operating Income (Expense)	2.53	3.71	6.01	3.66	1.24	0.17
Pretax Income	17.58	27.6	25.74	22.71	26.07	14
Provision for Income Taxes	2.24	4.63	2.69	1.2	2.02	-0.27
Net Income	-8.38	22.96	23.05	21.5	24.05	14.27
Net Income to Common	-8.38	22.96	23.05	21.5	24.05	14.27
Net Income Growth	-	-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	-6.21%	-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	-33.33%	5.00%	8.11%	-11.91%	75.00%	-48.94%
Free Cash Flow	38.6	17.44	19.22	23.49	8.4	19.97
Free Cash Flow Growth	91.29%	-9.28%	-18.15%	179.64%	-57.94%	98.03%
Free Cash Flow Per Share	0.73	0.32	0.33	0.41	0.15	0.34
Gross Margin	64.01%	65.14%	66.87%	67.85%	69.56%	68.56%
Operating Margin	-9.29%	17.70%	13.61%	14.84%	19.77%	13.31%
Profit Margin	-6.95%	17.01%	15.90%	16.75%	19.15%	13.73%
FCF Margin	32.01%	12.92%	13.26%	18.30%	6.69%	19.22%
EBITDA	-7.36	27.65	23.77	23.15	31.13	19.77
EBITDA Margin	-6.11%	20.48%	16.40%	18.04%	24.79%	19.03%
EBIT	-11.2	23.89	19.72	19.05	24.83	13.83
EBIT Margin	-9.29%	17.70%	13.61%	14.84%	19.77%	13.31%
Effective Tax Rate	12.76%	16.79%	10.43%	5.29%	7.76%	-1.89%

SEC Filings: 10-K · 10-Q