Revenue
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Energy Recovery, Inc. (ERII)
Price$7.63Cached quote
Net income
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $135.0M | $144.9M | $128.3M | $125.6M | $103.9M | $119.0M | $86.9M | $74.5M | $69.1M | $57.8M | $43.7M | $30.4M | $43.0M | $42.6M | $28.0M | $45.9M | $47.0M |
| Gross profit | $87.9M | $96.9M | $87.1M | $87.4M | $71.2M | — | — | — | $39.1M | $31.9M | $24.6M | $16.7M | $25.7M | $20.2M | $7.8M | $22.1M | $29.4M |
| Gross margin | 65.14% | 66.87% | 67.85% | 69.56% | 68.56% | — | — | — | 56.55% | 55.15% | 56.24% | 54.93% | 59.76% | 47.41% | 27.81% | 48.14% | 62.57% |
| Research & development | $13.0M | $16.2M | $17.0M | $17.9M | $20.1M | $23.4M | $23.4M | $17.0M | $13.4M | $10.1M | $7.7M | $9.7M | $4.4M | $4.8M | $3.5M | $3.9M | $3.0M |
| Operating expenses | $64.0M | $77.2M | $68.0M | $62.5M | $57.4M | $59.4M | $56.2M | $46.7M | $40.8M | $36.5M | $37.4M | $35.2M | $28.6M | $28.9M | $33.1M | $27.1M | $23.3M |
| Operating income | $23.9M | $19.7M | $19.1M | $24.8M | $13.8M | $31.3M | $10.4M | $10.0M | $9.2M | $3.4M | −$11.8M | −$18.5M | −$2.9M | −$8.7M | −$25.3M | −$5.0M | $6.2M |
| Operating margin | 17.70% | 13.61% | 14.84% | 19.77% | 13.31% | 26.30% | 11.92% | 13.39% | 13.38% | 5.93% | −27.00% | −60.75% | −6.71% | −20.30% | −90.18% | −10.96% | 13.08% |
| EBITDA | $27.6M | $23.8M | $23.2M | $29.6M | $18.3M | $35.2M | $14.8M | $13.8M | $12.9M | $7.1M | −$8.0M | −$14.5M | $909,000 | −$5.9M | −$21.9M | −$2.4M | $7.3M |
| EBITDA margin | 20.48% | 16.40% | 18.04% | 23.56% | 17.64% | 29.57% | 16.98% | 18.58% | 18.68% | 12.30% | −18.21% | −47.51% | 2.11% | −13.73% | −78.06% | −5.29% | 15.60% |
| Net income | $23.0M | $23.1M | $21.5M | $24.0M | $14.3M | $26.4M | $10.9M | $22.1M | $18.4M | $3.7M | −$11.6M | −$18.7M | −$3.1M | −$8.3M | −$26.4M | −$3.6M | $3.7M |
| Net profit margin | 17.01% | 15.90% | 16.75% | 19.15% | 13.73% | 22.18% | 12.55% | 29.65% | 26.55% | 6.44% | −26.65% | −61.48% | −7.22% | −19.36% | −94.28% | −7.87% | 7.84% |
| Basic EPSper basic share | $0.43 | $0.40 | $0.38 | $0.43 | $0.25 | $0.47 | $0.20 | $0.41 | $0.34 | $0.07 | -$0.22 | -$0.36 | -$0.06 | -$0.16 | -$0.50 | -$0.07 | $0.07 |
| Diluted EPSper diluted share | $0.42 | $0.40 | $0.37 | $0.42 | $0.24 | $0.47 | $0.19 | $0.40 | $0.33 | $0.07 | -$0.22 | -$0.36 | -$0.06 | -$0.16 | -$0.50 | -$0.07 | $0.07 |
Owners
Reported shareholders
12.40%of listed shares
BlackRock, Inc.6.34M shares · Jun 30, 2026
View holders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 12.40%6.34M shares |
Amundi | 7.82%4M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.27%2.18M shares |
Legal & General Group Plc | 4.02%2.06M shares |
FIL Ltd | 3.35%1.72M shares |
GEODE CAPITAL MANAGEMENT, LLC | 3.32%1.7M shares |
STATE STREET CORP | 3.18%1.63M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 2.47%1.26M shares |
MORGAN STANLEY | 2.42%1.24M shares |
MACKENZIE FINANCIAL CORP | 2.32%1.19M shares |
Invesco Ltd. | 1.81%925.55K shares |
DIMENSIONAL FUND ADVISORS LP | 1.72%878.72K shares |
ArrowMark Colorado Holdings LLC | 1.66%847K shares |
ROYCE & ASSOCIATES LP | 1.47%752.81K shares |
AVENIR CORP | 1.36%693.89K shares |
AMERIPRISE FINANCIAL INC | 1.33%679.24K shares |
MARSHALL WACE, LLP | 1.32%677.25K shares |
Kopion Asset Management, LLC | 1.25%639.55K shares |
GOLDMAN SACHS GROUP INC | 1.18%601.34K shares |
683 Capital Management, LLC | 1.04%530K shares |
Percentages use 51.17M shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 15, 2026Form 4 | Sabol Colin RDirector | BuyCommon Stock | 11.2K | $8.88 | $99.3K | 55.7K |
| Jun 15, 2026Form 4 | BUEHLER ALEXANDER JInterim President and CEO | SellCommon Stock | 14.9K | $8.71 | $129.8K | 66.8K |
| May 13, 2026Form 4 | TONDREAU PAMELA L.Director | BuyCommon Stock · indirect | 20.0K | $8.34 | $166.8K | 37.4K |
| Apr 6, 2026Form 4 | Hanstveit ArveDirector | SellCommon Stock | 2.4K | $10.29 | $24.9K | 382.5K |
| Apr 2, 2026Form 4 | Hanstveit ArveDirector | SellCommon Stock | 165.3K | $10.14 | $1.68M | 384.9K |