Energy Recovery, Inc.

ERII · XNAS

CIK 1421517fmd_0291JN4XKK52R4XBX6FS0TEX6TManufacturing · Special Industry Machinery, NECTemplate: Standard

Coverage: Jan 01, 2009 to Sep 30, 2026, 67 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	58	69	75	87	119	104	126	128	145	135
Cost of revenue	18	19	–	–	–	33	38	41	48	47
Gross profit	32	39	–	–	–	71	87	87	97	88
Research and development	10	13	17	23	23	20	18	17	16	13
Selling, general and administrative	26	27	29	32	34	37	45	51	58	51
Total operating expenses	37	41	47	56	59	57	63	68	77	64
Operating income	3	9	10	10	31	14	25	19	20	24
Interest expense	0	0	0	0	0	–	–	–	–	–
Other non-operating income (expense)	0	1	1	2	1	0	1	4	6	4
Income before taxes	4	10	11	12	32	14	26	23	26	28
Income tax expense	(0)	(8)	(11)	1	6	(0)	2	1	3	5
Net income from continuing operations	4	18	22	11	26	14	24	22	23	23
Net income	4	18	22	11	26	14	24	22	23	23