What is Energy Recovery's desalination — R&D?

Energy Recovery (ERII) reported desalination — R&D of $1.62M in Q1 2026.

What does desalination — R&D mean?

Includes costs related to the innovation, design, and improvement of energy recovery devices and desalination technologies. This metric indicates the company's commitment to maintaining a competitive advantage through technological advancement and product evolution.

Energy Recovery ERII Desalination — R&D

Other segment segments

Emerging Technologies

$1.04M-43.1%

Wastewater

$136K—

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INVTechnology — R&D

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ABTMedical Devices — R&D

$444M+10.7%

JOUTDiving — R&D

$1.27M+1.5%

CRMDOther research and development — Total research and development

$4.87M+133%

BDCR&D

$30.09M+5.9%

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 / equity0×0.0×

Current ratio9.3×+0.9×

Where this comes from

Reported directly by Energy Recovery in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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

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What is Energy Recovery's desalination — R&D?: Energy Recovery (ERII) reported desalination — R&D of $1.62M in Q1 2026.
What does desalination — R&D mean?: Includes costs related to the innovation, design, and improvement of energy recovery devices and desalination technologies. This metric indicates the company's commitment to maintaining a competitive advantage through technological advancement and product evolution.