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Energy Recovery ERII Desalination — Operating Expenses

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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:OperatingExpenses.

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 — operating expenses?
Energy Recovery (ERII) reported desalination — operating expenses of $5.19M in Q1 2026.
What does desalination — operating expenses mean?
The aggregate of all non-production costs required to run the desalination segment, including sales, marketing, research, and administrative overhead. This metric is vital for evaluating the overall operational efficiency and cost management discipline of the business unit.