Financials in USD. Standardized financial statements.
A compact view of how Energy Recovery, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $134.70M | $144.95M | $128.35M | $125.59M | $103.90M | $92.09M | $72.83M | $74.52M | $63.16M | $54.72M |
| Revenue Growth? | -7.1% | +12.9% | +2.2% | +20.9% | +12.8% | +26.4% | -2.3% | +18.0% | +15.4% | 0.0% |
| Cost of Revenue? | $46.92M | $48.02M | $41.27M | $38.23M | $32.67M | $28.25M | $20.34M | $17.87M | $19.06M | $17.85M |
| Gross Profit? | $87.78M | $96.93M | $87.08M | $87.36M | $71.23M | $63.84M | $52.50M | $56.64M | $44.09M | $36.87M |
| Gross Margin? | +65.2% | +66.9% | +67.8% | +69.6% | +68.6% | +69.3% | +72.1% | +76.0% | +69.8% | +67.4% |
| Operating Expenses? | $63.22M | $77.21M | $68.03M | $62.53M | $57.40M | $32.55M | $42.13M | $46.66M | $40.82M | $36.51M |
| Operating Income? | $24.55M | $19.72M | $19.05M | $24.83M | $13.83M | $31.29M | $10.36M | $9.98M | $3.28M | $357,000 |
| EBITDA? | $31.36M | $28.02M | $24.80M | $31.13M | $19.77M | $38.92M | $14.76M | $15.30M | $12.91M | $7.11M |
| Income Before Tax | $27.59M | $25.73M | $22.70M | $26.07M | $14.00M | $32.13M | $12.26M | $11.44M | $3.96M | $644,000 |
| Income Tax Expense | $4.63M | $2.69M | $1.20M | $2.02M | -$265,000 | $5.75M | $1.34M | -$10.65M | -$8.39M | -$390,000 |
| Net Income? | $22.96M | $23.05M | $21.50M | $24.05M | $14.27M | $26.39M | $10.91M | $22.09M | $12.35M | $1.03M |
| EPS? | $0.43 | $0.40 | $0.38 | $0.43 | $0.25 | $0.47 | $0.20 | $0.41 | $0.34 | $0.07 |
| Diluted EPS? | $0.42 | $0.40 | $0.37 | $0.42 | $0.24 | $0.47 | $0.19 | $0.40 | $0.33 | $0.07 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality