{"schema_version":"secwatch.filing_event.v1","accession":"0001421517-23-000045","form_type":"8-K","ticker":"ERII","cik":"0001421517","company_name":"Energy Recovery, Inc.","filed_at":"2023-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.871075+00:00","generated_at":"2026-06-19T04:33:07.424321+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Energy Recovery reports record Q4 revenue $42.3M; FY2022 EPS up 75% to $0.42","bullets":["Q4 revenue $42.3M (record), up 26% YoY; FY revenue $125.6M, up 21% YoY.","FY net income $24.0M (+69%); GAAP EPS $0.42 (+75%); adjusted EPS $0.54 (+74%).","FY adjusted EBITDA $36.8M (+50%); gross margin 69.6% (+100 bps).","Core desalination business drove growth; industrial wastewater exceeded 2022 guidance by ~30%.","CO2 refrigeration PX G1300 received repeat orders; discussions for regional distribution agreements."],"urls":{"canonical":"https://secwatch.observer/filing/0001421517-23-000045","json":"https://secwatch.observer/filing/0001421517-23-000045.json","markdown":"https://secwatch.observer/filing/0001421517-23-000045.md","text":"https://secwatch.observer/filing/0001421517-23-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1421517/000142151723000045/0001421517-23-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1421517/000142151723000045/erii-20230222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T04:33:07.424321+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0c0f8b233929c9b1204bd374a477800e55b57a26","claim":"Energy Recovery, Inc. reported the year ended December 31, 2022 results: revenue $125.6, net income $24.0, EPS $0.42.","evidence_excerpt":"Revenue $42.3 $33.6 up 26% $125.6 $103.9 up 21% Gross margin 70.7% 68.9% up 180 bps 69.6% 68.6% up 100 bps Operating margin 34.5% 17.8% up 1670 bps 19.8% 13.3% up 650 bps Net income $13.7 $5.3 up 161% $24.0 $14.3 up 69% Net income per share $0.24 $0.09 up 167% $0.42 $0.24 up 75%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151723000045/0001421517-23-000045-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Revenue","value":"$125.6"},{"label":"Net income","value":"$24.0"},{"label":"EPS","value":"$0.42"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d2ade85c58bc65638cbfe60206592792c517a11c","claim":"Energy Recovery, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $42.3, net income $13.7, EPS $0.24.","evidence_excerpt":"Revenue $42.3 $33.6 up 26% $125.6 $103.9 up 21% Gross margin 70.7% 68.9% up 180 bps 69.6% 68.6% up 100 bps Operating margin 34.5% 17.8% up 1670 bps 19.8% 13.3% up 650 bps Net income $13.7 $5.3 up 161% $24.0 $14.3 up 69% Net income per share $0.24 $0.09 up 167% $0.42 $0.24 up 75%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1421517/000142151723000045/0001421517-23-000045-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$42.3"},{"label":"Net income","value":"$13.7"},{"label":"EPS","value":"$0.24"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}