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

Energy Recovery (ERII) reported wastewater — R&D of $262K in Q2 2026.

What does wastewater — R&D mean?

Includes costs associated with the design, testing, and innovation of new technologies or improvements to existing products within the wastewater segment. High investment here indicates a commitment to long-term technological leadership and product differentiation.

Energy Recovery (ERII) Wastewater — R&D

Screener

Other segment segments

Desalination

$2.39M—

Similar metrics at other companies

INSMARIKAYCE external R&D expenses — R&D

$6.23M-43.4%

INSMBrensocatib external R&D expenses — R&D

$13.83M-58.8%

INSMTPIP external R&D expenses — R&D

$38.94M+88.6%

INSMOther external R&D expenses — R&D

$48.84M+71.7%

MUAEBU — R&D

$109M+0.9%

MUCDBU — R&D

$358M+76.4%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$16.3M+293%

CapEx$875.0K+548%

Free cash flow$15.4M+285%

Valuation

See full

Market cap$407.85M-44.8%

Enterprise value$354.64M-48.8%

P/E26.6×-4.0×

P/S3.4×-1.8×

Profitability

See full

Gross margin64%-2.7pp

Operating margin11.8%-3.4pp

Net margin12.7%-4.3pp

FCF margin25%—

Returns & leverage

See full

Return on equity8.6%-3.4pp

Debt / equity0×0.0×

Current ratio8.1×0.0×

Where this comes from

Reported directly by Energy Recovery in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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 item	Three Months Ended June 30, 2026 / Desalination	Three Months Ended June 30, 2026 / Wastewater	Three Months Ended June 30, 2026 / Corporate and Other	Three Months Ended June 30, 2026 / Total	Six Months Ended June 30, 2026 / Desalination	Six Months Ended June 30, 2026 / Wastewater	Six Months Ended June 30, 2026 / Corporate and Other	Six Months Ended June 30, 2026 / Total
Operating expenses
General and administrative	1,025	872	4,904	6,801	1,781	1,853	9,622	13,256
Sales and marketing	2,453	1,209	674	4,336	4,938	2,372	2,145	9,455
Research and development	2,391	262	196	2,849	4,007	398	1,233	5,638
Restructuring charges	—	—	855	855	335	18	2,038	2,391
Impairment of goodwill	—	—	—	—	—	—	1,662	1,662
Total operating expenses	5,869	2,343	6,629	14,841	11,061	4,641	16,700	32,402
Operating income (loss)	$2,833	$(2,088)	$(6,629)	$(5,884)	$1,606	$(4,155)	$(18,194)	$(20,743)

Item 1 — Financial Statements (unaudited)

FAQ

What is Energy Recovery's wastewater — R&D?: Energy Recovery (ERII) reported wastewater — R&D of $262K in Q2 2026.
What does wastewater — R&D mean?: Includes costs associated with the design, testing, and innovation of new technologies or improvements to existing products within the wastewater segment. High investment here indicates a commitment to long-term technological leadership and product differentiation.