---
schema_version: "secwatch.filing_event.v1"
accession: "0001421517-24-000170"
form_type: "8-K"
ticker: "ERII"
cik: "0001421517"
company_name: "Energy Recovery, Inc."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:19:40.905083+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Energy Recovery beats Q2 revenue guidance; reports $27.2M revenue, up 31% YoY

## Summary
- Revenue of $27.2M exceeded guidance of $20-25M; up 31% YoY from $20.7M.
- Gross margin 64.6% down 80 bps YoY; operating expenses up 21.4% to $19.6M.
- Net loss improved to $0.6M from $1.7M; adjusted EBITDA $5.2M.
- Full-year revenue guidance reaffirmed at $140-150M; nine PX G1300 deployments commissioned.
- Cash and investments $138M; free cash flow $7.9M in Q2.

## SEC filing metadata
- accession: 0001421517-24-000170
- form_type: 8-K
- ticker: ERII
- cik: 0001421517
- company_name: Energy Recovery, Inc.
- filed_at: 2024-07-31T23:59:59+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/1421517/000142151724000170/0001421517-24-000170-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1421517/000142151724000170/erii-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001421517-24-000170
- JSON: https://secwatch.observer/filing/0001421517-24-000170.json
- Plain text: https://secwatch.observer/filing/0001421517-24-000170.txt

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