FY2025 · ended Dec 31, 2025 · Revenue $134.99M, -6.9% YoY · Filed Feb 25, 2026
Energy Recovery, Inc. (ERII) files with the SEC under industry code 3559, Special Industry Machinery, NEC. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $135.0 million and net income of $23.0 million. Free cash flow was $17.4 million. As of Sep 30, 2026 it held $85.6 million in cash and investments and $8.5 million in total debt.
Revenue (TTM)
$99.77M
-26.2% vs year-ago TTM
Net income (TTM)
$5.13M
-73.7% vs year-ago TTM
Operating cash flow (TTM)
$35.17M
+70.3% vs year-ago TTM
Free cash flow (TTM)
$32.36M
+62.8% vs year-ago TTM
EPS (TTM)
$0.10
-72.2% vs year-ago TTM
Dividend per share
None
Shares outstanding
52.83M
-3.9% vs prior year
Net cash
$77.11M
as of Sep 30, 2026
Operating margin
0.8%
FY 2026
Company profile
- Industry
- Special Industry Machinery, NEC (SIC 3559)
- Listed as
- ERII (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- San Leandro, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1421517
Other Special Industry Machinery, NEC companies
- Asml Holding NV ASML
- Lam Research Corp LRCX
- ACM Research, Inc. ACMR
- Axcelis Technologies Inc ACLS
- Veeco Instruments Inc VECO
- Azenta, Inc. AZTA
- Cricut, Inc. CRCT
- Forge Nano Holdings, Inc. NANO
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $135.0M | $144.9M | $128.3M | $125.6M | $103.9M |
| Operating income | $23.9M | $19.7M | $19.1M | $24.8M | $13.8M |
| Net income | $23.0M | $23.1M | $21.5M | $24.0M | $14.3M |
| Diluted EPS | $0.42 | $0.40 | $0.37 | $0.42 | $0.24 |
| Operating cash flow | $18.8M | $20.5M | $26.1M | $12.6M | $13.5M |
| Free cash flow | $17.4M | $19.2M | $23.5M | $8.4M | $6.8M |
| Total assets | $231.5M | $242.8M | $253.0M | $217.0M | $213.7M |
| Total liabilities | $25.3M | $32.8M | $33.2M | $31.7M | $34.9M |
| Stockholders' equity | $206.2M | $210.0M | $219.8M | $185.3M | $178.8M |
| Cash and investments | $83.3M | $99.9M | $122.4M | $92.9M | $108.0M |
| Total debt | $9.4M | $11.3M | $13.3M | $14.9M | $16.4M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 4, 2026 | Nov 4, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 5, 2026 | Aug 5, 2026 |
| 8-K |
Current report
Officer or director change
|
Jul 13, 2026 | Jul 13, 2026 |
| 8-K/A |
Amended current report
Officer or director change
|
Jun 11, 2026 | Jun 5, 2026 |
All 1000 Energy Recovery, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.