earnings
confidence high
sentiment negative
materiality 0.70
Energy Recovery Q3 revenue down 17% to $32M; net income falls 54% to $3.9M
Energy Recovery, Inc.
2025-Q3 EPS reported
-$0.07
revenue$68,116,000
- Revenue $32.0M, down from $38.6M YoY, due to timing of contracted projects.
- Gross margin 64.2%, down 90 bps from 65.1% due to product mix and tariffs.
- Net income $3.9M ($0.07 EPS) vs $8.5M ($0.15 EPS) in Q3'2024, down 54%.
- Adjusted EBITDA $6.8M, down from $11.6M YoY.
- Operating expenses down 6.4% to $16.9M; cash and investments $79.9M.