Energy Recovery, Inc.

For the period ended Jun 30, 2026. Filed Aug 5, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 5, 2026

ERII$7.33-0.8%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
(In thousands, except per share data)
Revenue	$11,996	$28,051	$21,702	$36,116
Cost of revenue	3,039	10,097	8,411	13,704
Restructuring - inventory reserve	—	—	1,632	—
Gross profit	8,957	17,954	11,659	22,412
Operating expenses:
General and administrative	6,801	7,669	13,256	16,243
Sales and marketing	4,336	5,360	9,455	10,266
Research and development	2,849	3,451	5,638	6,452
Restructuring charges	855	—	2,391	539
Impairment of goodwill	—	—	1,662	—
Total operating expenses	14,841	16,480	32,402	33,500
Income (loss) from operations	(5,884)	1,474	(20,743)	(11,088)
Other income (expense):
Interest income	680	940	1,405	2,013
Other non-operating income (expense), net	122	(26)	230	(20)
Total other income, net	802	914	1,635	1,993
Income (loss) before income taxes	(5,082)	2,388	(19,108)	(9,095)
Provision for (benefit from) income taxes	(1,884)	334	(3,659)	(1,269)
Net income (loss)	$(3,198)	$2,054	$(15,449)	$(7,826)
Net income (loss) per share:
Basic	$ (0.06)	$ 0.04	$ (0.30)	$ (0.14)
Diluted	$ (0.06)	$ 0.04	$ (0.30)	$ (0.14)
Number of shares used in per share calculations:
Basic	51,463	54,257	52,058	54,578
Diluted	51,463	54,486	52,058	54,578

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.