What is Energy Recovery's goodwill impairment?

Energy Recovery (ERII) reported goodwill impairment of $1.66M in Q1 2026.

What does goodwill impairment mean?

Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

Energy Recovery ERII Goodwill impairment

Goodwill impairment at other companies

Helen Of TroyHELE

$39.01M—

SSR MiningSSRM

$0—

Bloomin' Brands, Inc.BLMN

$0—

BlackBerryBB

$4M-93.5%

Teladoc HealthTDOC

$0-100%

Winnebago IndustriesWGO

$0-100%

Segments

By segment

See full

Emerging Technologies$1.66M—

Desalination$0—

Wastewater$0—

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$21.0M+97.0%

CapEx$814.0K+326%

Free cash flow$20.2M+92.8%

Valuation

See full

Market cap$453.08M-30.8%

Enterprise value$411.81M-33.2%

P/E22×-8.6×

P/S3.3×-1.3×

Profitability

See full

Gross margin63.1%-3.8pp

Operating margin15.8%+3.0pp

Net margin15.1%-0.1pp

FCF margin25%—

Returns & leverage

See full

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:GoodwillImpairmentLoss.

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

Ask your AI about Energy Recovery's goodwill impairment.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Energy Recovery's goodwill impairment?: Energy Recovery (ERII) reported goodwill impairment of $1.66M in Q1 2026.
What does goodwill impairment mean?: Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.