ERII Q4 2023 Earnings — Energy Recovery, Inc. Revenue & Financial Results | Market Cap Arena

ERIIEnergy Recovery, Inc.

$586M

Q4 2023 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$57M+35.2% YoY

Gross Profit

$39M69.1% margin

Operating Income

$21M36.0% margin

Net Income

$20M34.6% margin

EPS (Diluted)

$0.34

QoQ Revenue Growth

+54.4%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$12M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$253M

Total Liabilities

$33M

Stockholders' Equity

$220M

Cash & Equivalents

$68M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$57M	$42M	+35.2%
Gross Profit	$39M	$30M	+32.1%
Operating Income	$21M	$15M	+41.1%
Net Income	$20M	$14M	+44.3%

Revenue Segments

Water Segment

$57M99%

Emerging Technologies Segment

$442,0001%

Geographic Segments

Middle East And Africa

$52M57%

Asia

$25M27%

Americas

$10M11%

Europe

$4M5%