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ERII Q2 2023 Earnings — Energy Recovery, Inc. Revenue & Financial Results | Market Cap Arena
ERII
Energy Recovery, Inc.
$586M
Q2 2023 Earnings
Industrials
Industrial - Pollution & Treatment Controls
Income Statement
Revenue
$21M
+2.1% YoY
Gross Profit
$14M
65.4% margin
Operating Income
-$3M
-12.5% margin
Net Income
-$2M
-8.0% margin
EPS (Diluted)
$-0.03
QoQ Revenue Growth
+54.6%
Cash Flow
Operating Cash Flow
-$4M
Free Cash Flow
-$5M
Stock-Based Comp.
$2M
Balance Sheet
Total Assets
$210M
Total Liabilities
$28M
Stockholders' Equity
$182M
Cash & Equivalents
$44M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$21M
$20M
+2.1%
Gross Profit
$14M
$13M
+1.3%
Operating Income
-$3M
-$3M
+11.0%
Net Income
-$2M
-$2M
+29.4%
Revenue Segments
Water Segment
$21M
99%
Emerging Technologies Segment
$209,000
1%
Geographic Segments
Water Segment
$11M
100%
← FY 2023
All Quarters
Q3 2023 →