Energy Recovery, Inc. Income Statement
ERII / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Energy Recovery, Inc. reported $135M in revenue and $23M in net income for FY2025. Revenue has grown at a 7.8% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 5.30 (safe zone, above 2.9 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $135.0M | $144.9M | $128.3M | $125.6M | $103.9M | $119.0M | $86.9M | $74.5M | $69.1M | $57.8M | $43.7M | $30.4M | $28.0M | $42.6M | $47.0M |
| Cost of Revenue | $47.1M | $48.0M | $41.3M | $38.2M | $32.7M | - | - | - | $4.6M | $17.8M | $19.1M | $13.7M | $20.2M | $22.4M | $17.6M |
| Gross Profit | $87.9M | $96.9M | $87.1M | $87.4M | $71.2M | - | - | - | $7.7M | $31.9M | $24.6M | $16.7M | $7.8M | $20.2M | $29.4M |
| SG&A Expense | $29.8M | $33.1M | $28.9M | $28.3M | $25.2M | $25.5M | $22.8M | $21.5M | $17.4M | $16.6M | $19.8M | $14.1M | $16.7M | $15.1M | $13.5M |
| R&D Expense | $13.0M | $16.2M | $17.0M | $17.9M | $20.1M | $23.4M | $23.4M | $17.0M | $13.4M | $10.1M | $7.7M | $9.7M | $3.5M | $4.8M | $3.0M |
| Operating Income | $23.9M | $19.7M | $19.1M | $24.8M | $13.8M | $31.3M | $10.4M | $10.0M | $9.2M | $3.4M | -$11.8M | -$18.5M | -$25.3M | -$8.7M | $6.2M |
| Interest Expense | - | - | - | - | - | $0 | $0 | $1.0K | $2.0K | $3.0K | $42.0K | - | $34.0K | $6.0K | $46.0K |
| Income Tax | $4.6M | $2.7M | $1.2M | $2.0M | -$265.0K | $5.7M | $1.3M | -$10.7M | -$8.4M | -$6.0K | -$334.0K | $291.0K | $1.3M | -$262.0K | $2.5M |
| Net Income | $23.0M | $23.1M | $21.5M | $24.0M | $14.3M | $26.4M | $10.9M | $22.1M | $18.4M | $3.7M | -$11.6M | -$18.7M | -$26.4M | -$8.3M | $3.7M |
| EPS (Basic) | $0.43 | $0.40 | $0.38 | $0.43 | $0.25 | $0.47 | $0.20 | $0.41 | -$0.22 | -$0.36 | -$0.16 | -$0.36 | -$0.09 | -$0.09 | $0.07 |
| EPS (Diluted) | $0.42 | $0.40 | $0.37 | $0.42 | $0.24 | $0.47 | $0.19 | $0.40 | -$0.22 | -$0.36 | -$0.16 | -$0.36 | -$0.09 | -$0.09 | $0.07 |
| Shares Outstanding | 54.2M | 54.8M | 56.9M | 56.1M | 56.8M | 56.3M | 55.3M | 53.9M | 53.2M | 52.5M | 51.9M | 51.9M | 50.9M | 52.6M | 52.6M |
| Gross Margin | 65.1% | 66.9% | 67.8% | 69.6% | 68.6% | - | - | - | 11.1% | 55.1% | 56.2% | 54.9% | 27.8% | 47.4% | 62.6% |
| Operating Margin | 17.7% | 13.6% | 14.8% | 19.8% | 13.3% | 26.3% | 11.9% | 13.4% | 13.4% | 5.9% | -27.0% | -60.8% | -90.2% | -20.3% | 13.1% |
| Profit Margin | 17.0% | 15.9% | 16.8% | 19.1% | 13.7% | 22.2% | 12.6% | 29.6% | 26.6% | 6.4% | -26.7% | -61.5% | -94.3% | -19.4% | 7.8% |