Energy Recovery, Inc.

ERII

ERIIEnergy Recovery, Inc. US flag

NASDAQ Global Select

8.42

USD

+0.01

- -

434.01MMarket Cap

Income Statement (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	28	43	43	30	44	50	58	61	73	92	104	126	128	145	135
+ Sales & Services Revenue	28	43	43	30	44	50	58	61	73	92	104	126	128	145	135
- Cost of Revenue	20	22	17	14	19	18	19	18	20	28	33	38	41	48	47
+ Cost of Goods & Services	20	22	17	14	19	18	19	18	20	28	33	38	41	48	47
Gross Profit	8	20	26	17	25	32	39	43	52	64	71	87	87	97	88
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	30	28	28	35	36	28	30	33	42	30	57	63	68	75	64
+ Selling, General & Admin	25	22	23	25	29	26	27	29	32	34	37	45	51	58	51
+ Research & Development	4	5	4	10	8	10	13	17	23	23	20	18	17	16	13
+ Other Operating Expense	1	1	1	1	- -	-7	-10	-13	-14	-27	- -	- -	- -	- -	- -
Operating Income (Loss)	-22	-8	-3	-18	-12	3	9	10	10	34	14	25	19	22	24
- Non-Operating (Income) Loss	3	- -	- -	- -	- -	- -	-1	-1	-2	1	- -	-1	-4	-4	-3
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	-1	-2	-2	-1	- -	-1	-4	-6	-4
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	1	2	2	1	- -	1	4	6	4
+ Other Non-Op (Income) Loss	3	- -	- -	- -	- -	- -	- -	- -	- -	2	- -	- -	- -	3	- -
Pretax Income	-25	-9	-3	-18	-12	4	10	11	12	32	14	26	23	26	28
- Income Tax Expense (Benefit)	1	- -	- -	- -	- -	- -	-8	-11	1	6	- -	2	1	3	5
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-26	-8	-3	-19	-12	4	18	22	11	26	14	24	22	23	23
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-26	-8	-3	-19	-12	4	18	22	11	26	14	24	22	23	23
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-26	-8	-3	-19	-12	4	18	22	11	26	14	24	22	23	23
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-26	-8	-3	-19	-12	4	18	22	11	26	14	24	22	23	23
EBIT	-22	-8	-3	-18	-12	3	9	10	10	34	14	25	19	22	24
EBITDA	-17	-4	1	-14	-8	7	13	14	15	39	20	31	23	26	28
EBITDA Margin (%)	-60.75	-9.94	2.54	-47.51	-18.21	14.29	22.26	22.69	20.26	42.27	19.03	24.79	18.04	18.11	20.71
EBITA	-22	-8	-3	-18	-12	3	9	10	10	34	14	25	19	22	24
Gross Margin (%)	27.81	47.41	59.76	54.93	56.24	64.1	67.15	70.71	72.08	69.32	68.56	69.56	67.85	66.87	65.14
Operating Margin (%)	-77.83	-18.86	-6.28	-60.75	-27	6.89	15.94	16.35	14.23	36.51	13.31	19.77	14.84	15.32	17.93
Profit Margin (%)	-94.28	-19.36	-7.22	-61.48	-26.65	7.48	31.63	36.2	14.98	28.65	13.73	19.15	16.75	15.9	17.01
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	5	4	4	4	4	4	4	4	4	5	6	6	4	4	4
Basic Weighted Avg Shares	53	51	51	52	52	52	54	54	55	56	57	56	56	57	54
Basic EPS, GAAP	-0.5	-0.16	-0.06	-0.36	-0.22	0.07	0.34	0.41	0.2	0.47	0.25	0.43	0.38	0.4	0.43
Basic EPS from Cont Ops	-0.5	-0.16	-0.06	-0.36	-0.22	0.07	0.34	0.41	0.2	0.47	0.25	0.43	0.38	0.4	0.43
Diluted Weighted Avg Shares	53	51	51	52	52	55	56	55	56	57	59	58	58	58	54
Diluted EPS, GAAP	-0.5	-0.16	-0.06	-0.36	-0.22	0.07	0.33	0.4	0.19	0.47	0.24	0.42	0.37	0.4	0.42
Diluted EPS from Cont Ops	-0.5	-0.16	-0.06	-0.36	-0.22	0.07	0.33	0.4	0.19	0.47	0.24	0.42	0.37	0.4	0.42

Balance Sheet (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	58	61	52	53	124	122	126	120	113	143	152	158	185	174	181
+ Cash, Cash Equivalents & STI	30	26	20	29	100	100	98	95	85	115	106	90	109	78	75
+ Cash & Cash Equivalents	19	17	14	16	100	61	28	22	26	94	74	56	68	30	48
+ ST Investments	12	9	6	13	- -	39	70	73	59	20	31	33	40	48	27
+ Accounts & Notes Receiv	8	18	21	12	13	14	19	14	13	13	21	36	48	64	77
+ Accounts Receivable, Net	6	13	15	11	12	12	12	10	13	12	21	34	47	64	77
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	1	5	6	1	2	2	7	4	- -	1	- -	2	1	- -	- -
+ Inventories	8	5	5	8	7	5	6	7	10	12	20	28	26	25	24
+ Raw Materials	5	3	2	3	3	2	2	2	4	5	7	11	9	9	8
+ Work In Process	2	1	1	2	2	1	2	3	2	2	3	3	5	6	6
+ Finished Goods	2	- -	1	3	2	2	1	2	4	5	10	15	13	10	11
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-1	-1	-1	-1	-1
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	12	11	6	4	3	3	4	3	5	4	5	4	3	7	5
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	52	44	50	33	28	27	38	60	76	61	62	59	68	69	50
+ Property, Plant & Equip, Net	16	16	14	13	11	9	16	27	30	36	35	33	30	25	21
+ Property, Plant & Equip	23	25	26	28	29	30	40	53	60	69	69	67	68	64	63
- Accumulated Depreciation	7	9	12	15	18	21	24	27	30	32	34	34	37	39	42
+ LT Investments & Receivables	11	5	14	- -	- -	- -	- -	1	15	- -	2	3	14	22	8
+ LT Investments	11	5	14	- -	- -	- -	- -	1	15	- -	2	3	14	22	8
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	25	23	22	19	18	18	22	32	30	25	25	23	24	22	22
+ Total Intangible Assets	20	18	17	16	15	15	14	13	13	13	13	13	13	13	13
+ Goodwill	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13
+ Other Intangible Assets	7	5	4	3	3	2	1	1	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	5	5	6	3	2	3	8	19	17	12	12	11	11	9	9
Total Assets	111	105	102	86	152	149	164	180	189	204	214	217	253	243	232
+ Payables & Accruals	9	12	10	11	10	10	13	10	11	12	15	15	18	20	14
+ Accounts Payable	2	2	1	2	2	2	4	1	1	1	1	1	3	3	2
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	2
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	7	10	9	9	8	8	8	8	10	11	14	13	13	16	9
+ ST Debt	- -	- -	- -	- -	- -	- -	2	1	1	1	2	2	2	2	3
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	2	1	1	1	2	2	2	2	3
+ Other ST Liabilities	1	1	1	1	6	7	16	16	16	2	3	2	2	2	1
+ Deferred Revenue	1	1	1	1	6	7	16	16	16	2	3	1	1	1	1
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	1	1	1	- -
Total Current Liabilities	10	13	11	12	16	17	30	27	28	16	20	18	21	23	17
+ LT Debt	- -	- -	- -	- -	- -	- -	2	13	12	16	15	13	11	9	7
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	2	13	12	16	15	13	11	9	7
+ Other LT Liabilities	4	4	4	5	72	67	41	27	13	1	- -	- -	- -	- -	1
+ Accrued Liabilities	3	3	3	3	72	67	41	27	13	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	1	1	1	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
Total Noncurrent Liabilities	4	4	4	5	72	67	42	39	25	17	15	13	12	9	8
Total Liabilities	14	17	15	16	88	84	73	66	53	33	35	32	33	33	25
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	115	117	120	124	130	140	149	158	170	179	196	205	218	235	244
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	115	117	120	124	130	140	149	158	170	179	196	205	218	235	244
- Treasury Stock	- -	4	4	7	7	16	20	30	30	30	54	80	80	131	167
+ Retained Earnings	-18	-26	-29	-48	-59	-58	-37	-14	-4	23	37	61	83	106	129
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	97	87	87	70	64	65	92	113	136	172	179	185	220	210	206
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	97	87	87	70	64	65	92	113	136	172	179	185	220	210	206
Total Liabilities & Equity	111	105	102	86	152	149	164	180	189	204	214	217	253	243	232
Shares Outstanding	53	51	51	52	52	53	54	54	55	56	57	56	57	55	53
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	3	13	13	18	16	15	13	11	9
Net Debt	-18	-17	-14	-16	-100	-61	-28	-22	-26	-94	-74	-56	-68	-30	-48
Net Debt to Equity	-19	-19.05	-16.53	-22.17	-156.9	-94.16	-30.2	-19.45	-19.4	-54.92	-41.59	-30.41	-30.98	-14.11	-23.32
Tangible Common Equity Ratio	84.87	80.22	82.36	77.11	35.42	37.54	51.74	60.06	70.01	82.93	82.62	84.48	86.19	85.75	88.42
Current Ratio	5.9	4.73	4.86	4.62	7.71	7.13	4.15	4.41	4.06	9.1	7.67	8.63	8.64	7.41	10.44
Cash Conversion Cycle	234.39	156.13	191.17	299.5	196	160.04	121.55	145.24	194.34	177.43	227.45	305.33	338.42	309.98	360.38

Cash Flow Statement (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	-26	-8	-3	-19	-12	4	18	22	11	26	14	24	22	23	23
+ Depreciation & Amortization	5	4	4	4	4	4	4	4	4	5	6	6	4	4	4
+ Non-Cash Items	10	6	3	4	2	3	-4	-4	8	14	7	8	8	10	8
+ Stock-Based Compensation	3	3	2	2	4	3	4	5	6	5	6	7	8	10	8
+ Deferred Income Taxes	3	- -	- -	- -	- -	- -	-9	-10	1	6	- -	1	- -	1	1
+ Asset Impairment Charge	1	1	- -	- -	- -	- -	- -	- -	- -	2	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	4	2	1	1	-2	- -	1	1	1	1	2	- -	- -	-1	-1
+ Chg in Non-Cash Work Cap	4	-6	-2	7	75	-5	-15	-15	-18	-29	-14	-26	-8	-17	-16
+ (Inc) Dec in Accts Receiv	4	-12	-3	9	-1	- -	-5	4	1	- -	-7	-15	-12	-19	-12
+ (Inc) Dec in Inventories	1	2	- -	-4	2	2	-1	-2	-3	-2	-9	-8	1	1	- -
+ (Inc) Dec in Prepaid Assets	- -	1	3	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -	-1	- -
+ Inc (Dec) in Accts Payable	- -	3	-2	2	-1	- -	3	-2	-1	- -	- -	-1	3	3	-5
+ Inc (Dec) in Other	-1	- -	- -	- -	74	-6	-12	-14	-14	-27	2	-2	- -	-1	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-8	-4	2	-4	69	5	3	8	5	17	14	13	26	21	19
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	1	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -
+ Disp of Fixed Prod Assets	1	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	-4	1	- -	1	-3	1	-6	6	4	-13	-24	5	-43	-34
+ Increase in Capital Stock	- -	- -	1	2	1	7	6	4	6	4	11	3	5	7	2
+ Decrease in Capital Stock	- -	-4	- -	-3	- -	-9	-4	-10	- -	- -	-23	-27	- -	-50	-36
+ Net Change in LT Investment	-23	8	-6	6	13	-39	-32	-5	1	53	-14	-4	-17	-14	35
+ Dec in LT Investment	- -	13	10	6	13	8	49	81	86	66	35	40	68	77	67
+ Inc in LT Investment	-23	-5	-15	- -	- -	-47	-81	-86	-85	-13	-49	-44	-85	-91	-31
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-6	-1	- -	1	1	-1	-7	-5	-7	-7	-7	-4	-3	-1	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-28	7	-5	6	14	-40	-39	-10	-7	47	-21	-7	-19	-16	34
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Repayments of Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	- -	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	-4	- -	-2	1	-3	1	-6	6	4	-13	-24	5	-43	-35
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-37	-2	-2	1	84	-38	-35	-8	4	68	-20	-18	12	-38	18
EBITDA	-17	-4	1	-14	-8	7	13	14	15	39	20	31	23	26	28
EBITDA Margin (%)	-60.75	-9.94	2.54	-47.51	-18.21	14.29	22.26	22.69	20.26	42.27	19.03	24.79	18.04	18.11	20.71
Free Cash Flow	-8	-4	2	-4	69	5	3	8	5	17	14	13	26	21	19
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	5	17	- -	13	26	21	19
Free Cash Flow to Equity	-8	-5	3	-4	69	5	3	8	5	17	14	14	26	21	19
Free Cash Flow per Basic Share	-0.16	-0.09	0.04	-0.07	1.32	0.09	0.05	0.14	0.1	0.3	0.24	0.22	0.46	0.36	0.35
Price/Free Cash Flow	-16.44	-39.47	135.74	-73.3	5.34	115.59	168.08	49.23	104.19	45.79	93.3	93.51	41.75	41.42	38.92
Cash Flow to Net Income	0.31	0.54	-0.67	0.2	-5.93	1.34	0.16	0.34	0.48	0.64	0.95	0.53	1.21	0.89	0.82
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -