ERII Q2 2023 Earnings — Energy Recovery, Inc. Revenue & Financial Results | Market Cap Arena

ERIIEnergy Recovery, Inc.

$586M

Q2 2023 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$21M+2.1% YoY

Gross Profit

$14M65.4% 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

$21M99%

Emerging Technologies Segment

$209,0001%

Geographic Segments

Water Segment

$11M100%