Company profile · free preview
Energy Recovery, Inc.
ERII · NASDAQ · Industrials · Updated 10/24/2026
Revenue
$135.0M
Fiscal 2025
Net income
$23.0M
Fiscal 2025
Free cash flow
$17.4M
Fiscal 2025
Net cash / (debt)
—
Fiscal 2025
Five-year financials
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $135.0M | $144.9M | $128.3M | $125.6M | $103.9M |
| Net income | $23.0M | $23.1M | $21.5M | $24.0M | $14.3M |
| Diluted EPS | — | — | — | — | — |
| Operating cash flow | $18.8M | $20.5M | $26.1M | $12.6M | $13.5M |
| Free cash flow | $17.4M | $19.2M | $23.5M | $8.4M | $6.8M |
| Cash | $48.1M | $29.6M | $68.1M | $56.4M | $74.4M |
| Total debt | — | — | — | — | — |
Where the cash went
Cumulative, fiscal 2021–2025, straight from the reported cash-flow statements.
Reinvested in capex
17.6%
of operating cash flow
Returned to owners
—
of free cash flow (buybacks + dividends)
Diluted share count
—
change 2021–2025
Capital expenditure $16.1MBar width = share of $91.5M operating cash flow
| Operating cash flow | $91.5M |
| Capital expenditure | ($16.1M) |
| Free cash flow | $75.4M |
| Share buybacks | — |
| Dividends paid | — |
| Acquisitions (net) | — |
| Net debt issued / (repaid) | — |
| Stock-based compensation (non-cash) | — |
"—" means a year didn't report that line, so no total is shown rather than an estimate.
SEC filings
- 10-K · period 2025-12-312026-02-25EDGAR
Ask anything about Energy Recovery, Inc.'s filings
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