---
schema_version: "secwatch.filing_event.v1"
accession: "0001421517-24-000190"
form_type: "8-K"
ticker: "ERII"
cik: "0001421517"
company_name: "Energy Recovery, Inc."
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:10:50.155889+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Energy Recovery Q3 revenue $38.6M (upper end of $35-39M guide); net income $8.5M, down 12% YoY

## Summary
- Revenue of $38.6M, up 4% YoY, at top of $35-39M guidance range.
- Gross margin 65.1%, down 480bps due to higher manufacturing and product mix costs.
- Net income $8.5M ($0.15/share) vs $9.7M ($0.17) in Q3'23; adjusted EBITDA $11.6M.
- Cash and investments $139.9M; operating cash flow ($3.0M) vs $7.7M year ago.
- CEO to host Nov 18 webinar detailing five-year strategic plan for desalination, wastewater, CO2 refrigeration.

## SEC filing metadata
- accession: 0001421517-24-000190
- form_type: 8-K
- ticker: ERII
- cik: 0001421517
- company_name: Energy Recovery, Inc.
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1421517/000142151724000190/0001421517-24-000190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1421517/000142151724000190/erii-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001421517-24-000190
- JSON: https://secwatch.observer/filing/0001421517-24-000190.json
- Plain text: https://secwatch.observer/filing/0001421517-24-000190.txt

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