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Energy Recovery Inc (ERII)

Energy Recovery Inc (ERII)
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Based in San Leandro, California, ENERGY RECOVERY, INC. is a leading global developer and manufacturer of highly efficient energy recovery devices utilized in the water desalination industry. Energy Recovery, Inc. operates primarily in the sea water reverse osmosis segment of the desalination industry.ERI manufactures ultra-high efficiency recovery products and technology, specifically the ERI PX Pressure Exchanger, that are among the enabling technologies driving the rapid growth in seawater reverse osmosis desalination, and are helping to make desalination affordable worldwide.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 134,990 144,950 128,350 125,590 103,900
Sales Growth -6.87% +12.93% +2.20% +20.88% -12.68%
Net Income 22,960 23,050 21,500 24,050 14,270
Net Income Growth -0.39% +7.21% -10.60% +68.54% -45.93%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 231,510 242,790 252,970 217,040 213,690
Total Assets Growth -4.65% -4.02% +16.55% +1.57% +4.59%
Total Liabilities 25,320 32,780 33,170 31,700 34,910
Total Liabilities Growth -22.76% -1.18% +4.64% -9.20% +6.79%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 18,770 20,520 26,050 12,630 13,530
Operating Cash Flow Growth -8.53% -21.23% +106.25% -6.65% -19.80%
Net Cash Flow 18,320 -38,470 11,770 -18,000 -19,900
Change in Net Cash Flow +147.62% -426.85% +165.39% +9.55% -129.32%
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