Energy Recovery, Inc. · NASDAQ:ERII
Energy Recovery — Q2 2026 Earnings Presentation
10 slides from Energy Recovery's earnings presentation, Aug 5, 2026
Slide 1: Energy Recovery Reports its Second Quarter 2026 Financial Results
August 5, 2026 Energy Recovery Reports its Second Quarter 2026 Financial Results SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery”, “Company”, “we”, and “our”) today announced its financial results for the second quarter and six months ended June 30, 2026.
Slide 2: Forward-Looking Statements
---------- (1) Refer to the sections “Use of Non-GAAP Financial Measures” and “Reconciliation of Non-GAAP Financial Measures” for definitions of our non-GAAP financial measures and reconciliations of GAAP to non-GAAP amounts, respectively. Forward-Looking Statements Certain matters discussed in this
Slide 3: Conference Call to Discuss Financial Results
as net income (loss) which excludes i) stock-based compensation; ii) restructuring charges; iii) restructuring - inventory reserve, iv) impairment of long-lived assets; v) impairment of goodwill and vi) the applicable tax effect of the excluded items including the stock-based compensation discrete t
Slide 4: About Energy Recovery
desalination industry, today we use our proprietary pressure exchanger technology to help customers in multiple industries improve their operations and lower their emissions. Headquartered in the San Francisco Bay Area, we operate manufacturing and R&D facilities throughout California, with sales an
Slide 5: Condensed Consolidated Statements of Operations
ENERGY RECOVERY, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 (In thousands, except per share data) Revenue $ 11,996 $ 28,051 $ 21,702 $ 36,116 Cost of revenue 3,039 10,097 8,411 13,704 Restructuring - inve
Slide 6: Condensed Consolidated Statements of Cash Flows
ENERGY RECOVERY, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Six Months Ended June 30, 2026 2025 (In thousands) Cash flows from operating activities: Net loss $ (15,449) $ (7,826) Non-cash adjustments 4,979 4,706 Net cash provided by operating assets and liabilities 47,813 17,94
Slide 7: Segment Activity
Segment Activity Three Months Ended June 30, 2026 2025 Corporate Corporate Desalination Wastewater and Other Total Desalination Wastewater and Other Total (In thousands) Revenue $ 11,483 $ 513 $ — $ 11,996 $ 25,500 $ 2,339 $ 212 $ 28,051 Cost of revenue 2,781 258 — 3,039 9,259 667 171 10,097 Restruc
Slide 8: Stock-based Compensation
Stock-based Compensation Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 (In thousands) Stock-based compensation expense charged to: Cost of revenue $ 145 $ 148 $ 243 $ 296 General and administrative 429 728 1,398 1,598 Sales and marketing 582 701 1,253 1,380 Research and d
Slide 9: Reconciliation of Non-GAAP Financial Measures
ENERGY RECOVERY, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (1) (Unaudited) This press release includes certain non-GAAP financial information because we plan and manage our business using such information. The following table reconciles the GAAP financial information to the non-GAAP financi
Slide 10: Investor Relations
Investor Relations ir@energyrecovery.com Source: Energy Recovery, Inc.