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Energy Recovery ERII Desalination — Revenue

Other segment segments

Wastewater
$513K

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Other financials

Income statement

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Revenue$12.0M-57.2%
Gross profit$9.0M-50.1%
Operating income-$5.9M-499%
Net income-$3.2M-256%
EPS (diluted)-$0.06-250%

Balance sheet

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Cash & equivalents$61.4M+7.4%
Total debt$8.2M-22.0%
Total equity$172.5M-6.9%
Total assets$197.7M-6.8%

Cash flow

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Operating cash flow$16.3M+293%
CapEx$875.0K+548%
Free cash flow$15.4M+285%

Valuation

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Market cap$443.07M-40.0%
Enterprise value$389.86M-43.7%
P/E28.9×-1.7×
P/S3.7×-1.5×

Profitability

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Gross margin64%-2.7pp
Operating margin11.8%-3.4pp
Net margin12.7%-4.3pp
FCF margin25%

Returns & leverage

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Return on equity8.6%-3.4pp
Debt / equity0.0×
Current ratio8.1×0.0×

Where this comes from

Reported directly by Energy Recovery in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Energy Recovery’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001421517-26-000083
Line itemThree Months Ended June 30, 2026 / DesalinationThree Months Ended June 30, 2026 / WastewaterThree Months Ended June 30, 2026 / Corporate and Other(1)Three Months Ended June 30, 2026 / TotalSix Months Ended June 30, 2026 / DesalinationSix Months Ended June 30, 2026 / WastewaterSix Months Ended June 30, 2026 / Corporate and Other(1)Six Months Ended June 30, 2026 / Total
Middle East$6,081$—$—$6,081$8,587$—$77$8,664
Africa475475671671
Other$4,927$513$—$5,44011,1321,11412112,367
Total revenue$11,483$513$—$11,996$20,390$1,114$198$21,702
Channel
Original equipment manufacturer$4,665$513$—$5,178$10,531$1,114$121$11,766
Aftermarket4,1124,1126,789776,866
Megaproject2,7062,7063,0703,070

Item 1 — Financial Statements (unaudited)

FAQ

What is Energy Recovery's desalination — revenue?
Energy Recovery (ERII) reported desalination — revenue of $11.48M in Q2 2026.
What does desalination — revenue mean?
Represents the total gross income generated from the sale of energy recovery devices, pumps, and related services specifically within the desalination market. This metric serves as a primary indicator of the company's market penetration and demand for its core water treatment technologies.

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