ERIINasdaqSpecial Industry Machinery, NECFiscal year ends December 31
Energy Recovery, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$6.66+0.01 (+0.15%)
Close on Oct 19, 2026
- Market cap
- $342.74M
- P/E (TTM)
- 23.8
- Dividend yield
- –
Energy Recovery, Inc. revenue by segment
By business segment
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Desalination | $11.48M | $8.91M | – | – | $25.50M | $7.76M | – | – | – | – | – | – | 95.7% | -55.0% |
| Wastewater | $513.00K | $601.00K | – | – | $2.34M | $305.00K | – | – | – | – | – | – | 4.3% | -78.1% |
| Emerging Technologies | – | $198.00K | $0 | $72.00K | $212.00K | $1.00K | $116.00K | $240.00K | $281.00K | $1.00K | $86.00K | $224.00K | – | – |
| Water | – | – | $66.87M | $31.93M | $27.84M | $8.06M | $66.96M | $38.34M | $26.92M | $12.09M | $57.10M | $36.81M | – | – |
| Operating income | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Desalination | $2.83M | -$1.23M | – | – | $11.90M | $468.00K | – | – | – | – | – | – | -76.2% |
| Wastewater | -$2.09M | -$2.07M | – | – | -$194.00K | -$2.07M | – | – | – | – | – | – | +976.3% |
| Emerging Technologies | – | -$6.54M | -$2.30M | -$4.12M | -$3.95M | -$4.02M | -$6.45M | -$5.61M | -$5.56M | -$6.08M | -$7.11M | -$5.31M | – |
| Water | – | – | $38.21M | $13.66M | $11.71M | -$1.60M | $38.04M | $18.29M | $10.75M | $368.00K | $32.78M | $19.29M | – |
By product or service
By region
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Middle East | $6.08M | $2.58M | – | – | $8.37M | $2.02M | – | – | – | – | – | – | 50.7% | -27.3% |
| Other | $5.44M | $6.93M | – | – | $18.64M | $5.18M | – | – | – | – | – | – | 45.3% | -70.8% |
| Africa | $475.00K | $196.00K | – | – | $1.05M | $866.00K | – | – | – | – | – | – | 4.0% | -54.7% |
| Asia | – | – | – | $11.09M | $8.07M | $3.44M | $19.26M | $6.83M | $8.00M | $1.98M | $11.32M | $5.69M | – | – |
| Americas | – | – | – | $2.59M | $1.45M | $671.00K | $2.04M | $1.05M | $1.97M | $3.94M | $5.42M | $5.21M | – | – |
| Europe | – | – | – | $1.64M | $9.11M | $1.08M | $2.80M | $2.51M | $2.52M | $1.39M | $2.22M | $1.59M | – | – |
| Middle East | – | – | $39.19M | $16.69M | $9.42M | $2.88M | $12.24M | $28.20M | $14.71M | $4.79M | $11.30M | $24.54M | – | – |
| India | – | – | – | $4.92M | – | $1.46M | – | $4.71M | $4.46M | – | – | – | – | – |
| Morocco | – | – | – | $9.26M | – | – | – | $5.64M | $4.83M | – | – | – | – | – |
| United Arab Emirates | – | – | – | – | – | – | – | $8.65M | $5.42M | – | – | – | – | – |
| Saudi Arabia | – | – | – | $4.10M | – | – | – | $11.10M | – | – | – | – | – | – |
| Oman | – | – | – | – | $5.99M | – | – | – | – | – | – | – | – | – |
| Spain | – | – | – | $243.00K | $8.01M | – | – | – | – | – | – | – | – | – |
| China | – | – | – | $2.74M | $3.48M | – | – | – | – | – | – | – | – | – |
From the segment and revenue-disaggregation notes of Energy Recovery's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.