The Tip Desk

Energy Recovery, Inc.

Financial highlights

Amounts in millions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$135.0$144.9$128.3$125.6$103.9
Operating income$23.9$19.7$19.1$24.8$13.8
Net income$23.0$23.1$21.5$24.0$14.3
Cash Flow Statement
Free cash flow$17.4$19.2$23.5$8.4$6.8
Share repurchases$35.6$50.4$0.0$26.7$23.3

Shares outstanding 51.0M · Free float 77.0%

Annual filing data through FY ended December 31, 2025; float as of September 10, 2026.

Coverage