Stocks Technology ERII
NASDAQ · TechnologyEnergy Recovery, Inc. (ERII)
Energy Recovery, Inc. brought in $99.8M of revenue over the twelve months to September 30, 2026, down 26.2% from a year earlier. Net income was $5.1M, a net margin of 5.1%. Operating cash flow minus capital spending left $17.4M of free cash flow in fiscal 2025. At September 30, 2026 it held $42.5M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 4, 2026.
Key facts about Energy Recovery, Inc.
- Net worth
- Energy Recovery, Inc. has a market value (market cap) of $376.5M at the latest share price, and shareholders' equity of $164.8M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $135M (-6.9% year on year), with net income of $23M. Over the 12 months to September 30, 2026: revenue $99.8M, net income $5.1M.
- Cash flow
- In fiscal 2025 operations brought in $18.8M of cash; after $1.3M of capital spending, free cash flow was $17.4M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 4, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Energy Recovery, Inc.'s next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Energy Recovery, Inc. does
Energy Recovery, Inc. is registered with the SEC under industry code SIC 3559 (Special Industry Machinery, NEC). Its shares trade on NASDAQ under the ticker ERII.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $135M | $23M | $0.42 | $17.4M |
| 2024 | $144.9M | $23.1M | $0.40 | $19.2M |
| 2023 | $128.3M | $21.5M | $0.37 | $23.5M |
| 2022 | $125.6M | $24M | $0.42 | $8.4M |
| 2021 | $103.9M | $14.3M | $0.24 | $6.8M |
| 2020 | $119M | $26.4M | $0.47 | $10.1M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where ERII ranks in Technology
Latest SEC filings
What Energy Recovery, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 4, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 65% to $11.2M versus the same quarter last year; diluted EPS -$0.12 versus $0.07.
- November 4, 2026
- October 26, 2026Passive stake changed SCHEDULE 13G/A
- August 17, 2026
- August 5, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 57% to $12M versus the same quarter last year; diluted EPS -$0.06 versus $0.04.
- August 5, 2026
- July 22, 2026Passive stake changed SCHEDULE 13G/A
- July 13, 2026
- June 11, 2026
- June 8, 2026
What is ERII worth? A DCF from its reported cash flow
Insider trades
What the people running Energy Recovery, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| July 28, 2026 | Yeung WilliamChief Legal Officer | Soldpre-planned (10b5-1) | 2,048 | $17.5K |
| July 28, 2026 | Clemente RodneySVP, Water | Soldpre-planned (10b5-1) | 5,387 | $46.1K |
| July 27, 2026 | Yeung WilliamChief Legal Officer | Shares withheld for tax | 2,828 | $23.8K |
| July 27, 2026 | Clemente RodneySVP, Water | Shares withheld for tax | 2,320 | $19.5K |
| July 9, 2026 | Mitchell John JosephDirector | Received as pay | 15,186 | - |
| June 15, 2026 | Buehler Alexander JInterim President and CEO, Director | Exercised options | 15,327 | $131.8K |
| June 15, 2026 | Buehler Alexander JInterim President and CEO, Director | Sold | 14,900 | $129.8K |
| June 15, 2026 | Sabol Colin RDirector | Bought | 11,180 | $99.3K |
Who owns ERII
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Amundi13G, passive with 1 related filers | 7.03% | October 26, 2026 |
Largest institutional holders
Insiders
13 insiders reported holding 1,337,503 shares in total, about $9.9M at the last price.
| Holder | Shares |
|---|---|
| Hanstveit ArveDirector | 400,603 |
| Moon David WPresident and CEO, Director | 233,069 |
| Clemente RodneySVP, Water | 108,301 |
| Yeung WilliamChief Legal Officer | 99,291 |
| Tondreau Pamela L.Director | 98,20637,362 held indirectly |
| Mancini Michael S.Chief Financial Officer | 75,051 |
| Buehler Alexander JInterim President and CEO, Director | 66,755 |
| Sabol Colin RDirector | 55,671 |
| Ramanan NatarajanChief Technology Officer | 52,565 |
| Chow Joan KaiDirector | 52,116 |
Questions about ERII
What does Energy Recovery, Inc. do?
Energy Recovery, Inc. is a company in the Technology sector, listed on NASDAQ as ERII. Its shares trade on NASDAQ under the ticker ERII.
What is Energy Recovery, Inc.'s net worth?
Energy Recovery, Inc. has a market value (market cap) of $376.5M at the latest share price, and shareholders' equity of $164.8M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Energy Recovery, Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $5.1M on revenue of $99.8M, a net margin of 5.1%.
How much revenue does Energy Recovery, Inc. make?
Over the twelve months to September 30, 2026 Energy Recovery, Inc. reported revenue of $99.8M. That is 26.2% less than a year earlier.
When did Energy Recovery, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 4, 2026. It covers the period to September 30, 2026.
When is Energy Recovery, Inc.'s next earnings report?
Energy Recovery, Inc.'s next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Energy Recovery, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.