---
schema_version: "secwatch.filing_event.v1"
accession: "0001421517-22-000120"
form_type: "8-K"
ticker: "ERII"
cik: "0001421517"
company_name: "Energy Recovery, Inc."
filed_at: "2022-08-03T23:59:59+00:00"
generated_at: "2026-06-24T05:02:06.535704+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Energy Recovery Q2 revenue $20.3M, net loss $2.4M; reaffirms FY revenue $130M

## Summary
- Revenue $20.3M, down 2% YoY; net loss per share $0.04 vs. income $0.02 in Q2 2021.
- Adjusted EBITDA $1.0M, down 64% YoY; operating loss $2.9M includes $1.3M VorTeq cessation expenses.
- Full year revenue guidance reaffirmed at $130M (25% YoY growth); gross margin expectations unchanged.
- First PX G1300 commissioned for CO2 refrigeration in southern Europe; second JDA signed with U.S. rack manufacturer.
- Share repurchases of $18.6M (1.0M shares) completed July 1; cash & investments $86.5M.

## SEC filing metadata
- accession: 0001421517-22-000120
- form_type: 8-K
- ticker: ERII
- cik: 0001421517
- company_name: Energy Recovery, Inc.
- filed_at: 2022-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1421517/000142151722000120/0001421517-22-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1421517/000142151722000120/erii-20220803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001421517-22-000120
- JSON: https://secwatch.observer/filing/0001421517-22-000120.json
- Plain text: https://secwatch.observer/filing/0001421517-22-000120.txt

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