Energy Recovery, Inc. Financial Summary

Quick Answer

Energy Recovery, Inc. reported Total Revenue of $134.99 million for fiscal year 2025.

Energy Recovery, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $134.99M
-6.9%
$144.95M
+12.9%
$128.35M
+2.2%
$125.59M
+20.9%
$103.90M
-12.7%
$118.99M
+36.9%
Revenue (ASC 606) $134.99M
-6.9%
$144.95M
+12.9%
$128.35M
+2.2%
$125.59M
+20.9%
$103.90M
-12.7%
$118.99M
+36.9%
Net Income $22.96M
-0.4%
$23.05M
+7.2%
$21.50M
-10.6%
$24.05M
+68.5%
$14.27M
-45.9%
$26.39M
+141.8%
Diluted EPS $0.42
+5.0%
$0.40
+8.1%
$0.37
-11.9%
$0.42
+75.0%
$0.24
-48.9%
$0.47
+147.4%
Total Assets $231.51M
-4.6%
$242.79M
-4.0%
$252.97M
+16.6%
$217.04M
+1.6%
$213.69M
+4.6%
$204.31M
+8.2%
Cash and Equivalents $48.08M
+62.3%
$29.63M
-56.5%
$68.10M
+20.8%
$56.35M
-24.2%
$74.36M
-21.1%
$94.25M
+257.2%
Long-Term Debt
Stockholders Equity $206.19M
-1.8%
$210.01M
-4.5%
$219.81M
+18.6%
$185.34M
+3.7%
$178.78M
+4.2%
$171.62M
+26.2%
R&D Expense $13.03M
-19.7%
$16.24M
-4.5%
$17.00M
-5.1%
$17.91M
-10.8%
$20.07M
-14.4%
$23.45M
+0.2%
Operating Income $23.89M
+21.1%
$19.72M
+3.5%
$19.05M
-23.3%
$24.83M
+79.5%
$13.83M
-55.8%
$31.29M
+201.9%
Gross Profit $87.93M
-9.3%
$96.93M
+11.3%
$87.08M
-0.3%
$87.36M
+22.6%
$71.23M
Shares Outstanding 52.81M
-3.6%
54.79M
-3.7%
56.88M
+1.4%
56.08M
-1.3%
56.82M
+0.9%
56.34M
+2.0%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $32.00M -17.1% +14.1%
Revenue (ASC 606) September 30, 2025 $32.00M -17.1% +14.1%
Net Income September 30, 2025 $3.87M -54.3% +88.6%
Diluted EPS September 30, 2025 $0.07 -53.3% +75.0%
Total Assets September 30, 2025 $209.65M -20.2% -1.2%
Cash and Equivalents September 30, 2025 $47.10M -25.5% -17.4%
Long-Term Debt September 30, 2018 $7.0K -63.2% -30.0%
Stockholders Equity September 30, 2025 $180.83M -22.7% -2.4%
R&D Expense September 30, 2025 $3.67M -7.6% +6.3%
Operating Income September 30, 2025 $3.66M -48.1% +148.4%
Gross Profit September 30, 2025 $20.56M -18.1% +14.5%
Shares Outstanding September 30, 2025 52.98M -8.5% -1.3%
  • Energy Recovery, Inc. reported Total Revenue of $134.99 million for fiscal year 2025.
  • Energy Recovery, Inc. showed a decrease of -6.9% in Total Revenue compared to the prior fiscal year.
  • Energy Recovery, Inc. reported Revenue (ASC 606) of $134.99 million for fiscal year 2025.
  • Energy Recovery, Inc. showed a decrease of -6.9% in Revenue (ASC 606) compared to the prior fiscal year.
  • Energy Recovery, Inc. reported Net Income of $22.96 million for fiscal year 2025.
  • Energy Recovery, Inc. showed a decrease of -0.4% in Net Income compared to the prior fiscal year.
  • Energy Recovery, Inc. reported Diluted EPS of $0.42 per share for fiscal year 2025.
  • Energy Recovery, Inc. showed an increase of +5.0% in Diluted EPS compared to the prior fiscal year.
  • Energy Recovery, Inc. reported Total Assets of $231.51 million for fiscal year 2025.
  • Energy Recovery, Inc. showed a decrease of -4.6% in Total Assets compared to the prior fiscal year.
  • Energy Recovery, Inc. reported Cash and Equivalents of $48.08 million for fiscal year 2025.
  • Energy Recovery, Inc. showed an increase of +62.3% in Cash and Equivalents compared to the prior fiscal year.
  • Energy Recovery, Inc. reported Long-Term Debt of $0.00 for fiscal year 2018.
  • Energy Recovery, Inc. showed a decrease of -100.0% in Long-Term Debt compared to the prior fiscal year.
  • Energy Recovery, Inc. reported Stockholders Equity of $206.19 million for fiscal year 2025.
  • Energy Recovery, Inc. showed a decrease of -1.8% in Stockholders Equity compared to the prior fiscal year.
  • Energy Recovery, Inc. reported R&D Expense of $13.03 million for fiscal year 2025.
  • Energy Recovery, Inc. showed a decrease of -19.7% in R&D Expense compared to the prior fiscal year.
  • Energy Recovery, Inc. reported Operating Income of $23.89 million for fiscal year 2025.
  • Energy Recovery, Inc. showed an increase of +21.1% in Operating Income compared to the prior fiscal year.
  • Energy Recovery, Inc. reported Gross Profit of $87.93 million for fiscal year 2025.
  • Energy Recovery, Inc. showed a decrease of -9.3% in Gross Profit compared to the prior fiscal year.
  • Energy Recovery, Inc. reported Shares Outstanding of 52.81 million shares for fiscal year 2025.
  • Energy Recovery, Inc. showed a decrease of -3.6% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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