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Energy Recovery ERII Desalination — G&A

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Other financials

Income statement

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Revenue$9.7M+20.3%
Gross profit$2.7M-39.4%
Operating income-$14.9M-18.3%
Net income-$12.3M-24.0%
EPS (diluted)-$0.23-27.8%

Balance sheet

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Cash & equivalents$50.1M+1.7%
Total debt$8.8M-20.4%
Total equity$184.3M-7.0%
Total assets$209.0M-7.3%

Cash flow

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Operating cash flow$21.0M+97.0%
CapEx$814.0K+326%
Free cash flow$20.2M+92.8%

Valuation

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Market cap$453.08M-30.8%
Enterprise value$411.81M-33.2%
P/E22×-8.6×
P/S3.3×-1.3×

Profitability

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Gross margin63.1%-3.8pp
Operating margin15.8%+3.0pp
Net margin15.1%-0.1pp
FCF margin25%

Returns & leverage

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Return on equity10.8%+0.4pp
Debt / equity0.0×
Current ratio9.3×+0.9×

Where this comes from

Reported directly by Energy Recovery in its filing.

Tagged under the XBRL concept us-gaap:GeneralAndAdministrativeExpense.

The official record: Energy Recovery’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Energy Recovery's desalination — G&A?
Energy Recovery (ERII) reported desalination — G&A of $756K in Q1 2026.
What does desalination — G&A mean?
Captures the overhead and support costs allocated to the desalination segment, including management, legal, and administrative functions. Tracking these expenses helps evaluate the operational leverage and cost-efficiency of the segment's support structure.