---
schema_version: "secwatch.filing_event.v1"
accession: "0001421517-21-000107"
form_type: "8-K"
ticker: "ERII"
cik: "0001421517"
company_name: "Energy Recovery, Inc."
filed_at: "2021-08-05T23:59:59+00:00"
generated_at: "2026-06-29T21:28:41.850226+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Energy Recovery Q2 product revenue up 7% to $20.6M; net income $1.1M vs $16.9M year-ago on VorTeq termination

## Summary
- Product revenue $20.6M (+7% YoY); total revenue $20.6M (-53%) due to prior-year VorTeq license termination.
- Net income $1.1M ($0.02 diluted EPS) vs $16.9M ($0.30) which included $17.2M VorTeq-related gain.
- Product gross margin 65.1% vs 66.0% YoY; operating cash flow $11.5M.
- Cash and investments $120.7M, up 25% YoY; $12M in share buybacks during H1 2021.
- Desalination growth driven by megaproject and OEM channels; testing PX G1300 for CO2 refrigeration.

## SEC filing metadata
- accession: 0001421517-21-000107
- form_type: 8-K
- ticker: ERII
- cik: 0001421517
- company_name: Energy Recovery, Inc.
- filed_at: 2021-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1421517/000142151721000107/0001421517-21-000107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1421517/000142151721000107/erii-20210805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001421517-21-000107
- JSON: https://secwatch.observer/filing/0001421517-21-000107.json
- Plain text: https://secwatch.observer/filing/0001421517-21-000107.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.