Stocktoria
Energy Recovery, Inc. ERII
Energy Recovery, Inc. financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $135.0M | $144.9M | $128.3M | $125.6M | $103.9M | $119.0M | $86.9M | $74.5M | $69.1M | $57.8M |
| Gross profit | $87.9M | $96.9M | $87.1M | $87.4M | $71.2M | — | — | — | $39.1M | $31.9M |
| R&D expense | $13.0M | $16.2M | $17.0M | $17.9M | $20.1M | $23.4M | $23.4M | $17.0M | $13.4M | $10.1M |
| Operating income | $23.9M | $19.7M | $19.1M | $24.8M | $13.8M | $31.3M | $10.4M | $10.0M | $9.2M | $3.4M |
| Interest expense | — | — | — | — | — | $0 | $0 | $1,000 | $2,000 | $3,000 |
| Income tax | $4.6M | $2.7M | $1.2M | $2.0M | -$265,000 | $5.7M | $1.3M | -$10.7M | -$8.4M | -$6,000 |
| Net income | $23.0M | $23.1M | $21.5M | $24.0M | $14.3M | $26.4M | $10.9M | $22.1M | $18.4M | $3.7M |
| EPS (diluted) | $0.42 | $0.40 | $0.37 | $0.42 | $0.24 | $0.47 | $0.19 | $0.40 | $0.33 | $0.07 |
| Operating cash flow | $18.8M | $20.5M | $26.1M | $12.6M | $13.5M | $16.9M | $5.3M | $7.6M | $2.9M | $5.0M |
| Free cash flow | $17.4M | $19.2M | $23.5M | $8.4M | $6.8M | $10.1M | -$2.1M | $2.3M | -$4.5M | $3.9M |
| Cash & equivalents | $48.1M | $29.6M | $68.1M | $56.4M | $74.4M | $94.3M | $26.4M | $22.0M | $27.8M | $61.4M |
| Inventory | $24.3M | $24.9M | $26.1M | $28.4M | $20.4M | $11.7M | $10.3M | $7.1M | $5.5M | $4.5M |
| Total assets | $231.5M | $242.8M | $253.0M | $217.0M | $213.7M | $204.3M | $188.8M | $179.8M | $164.5M | $149.1M |
| Total liabilities | $25.3M | $32.8M | $33.2M | $31.7M | $34.9M | $32.7M | $52.8M | $66.5M | $72.6M | $83.9M |
| Shareholders' equity | $206.2M | $210.0M | $219.8M | $185.3M | $178.8M | $171.6M | $136.0M | $113.4M | $91.9M | $68.5M |
Growth · year-over-year · Revenue CAGR 9.9%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | -6.9% | +12.9% | +2.2% | +20.9% | -12.7% | +36.9% | +16.7% | +7.8% | +19.6% | +32.3% |
| Net income growth | -0.4% | +7.2% | -10.6% | +68.5% | -45.9% | +141.8% | -50.6% | +20.4% | +393.5% | — |
| EPS growth | +5.0% | +8.1% | -11.9% | +75.0% | -48.9% | +147.4% | -52.5% | +21.2% | +371.4% | — |
| Free cash flow growth | -9.3% | -18.2% | +179.6% | +22.8% | -32.2% | — | -190.7% | — | -216.3% | -94.4% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.