secwatch.observer — SEC 8-K summary
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Issuer:     Energy Recovery, Inc. (ERII)
CIK:        0001421517
Form:       8-K
Filed at:   2026-08-05T20:06:45+00:00
Accession:  0001421517-26-000082
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Recovery Q2 revenue down 57% to $12M; net loss of $3.2M vs prior-year profit
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- Revenue $12.0M, down 57% YoY from $28.1M; company cites war in Iran as primary cause.
- Net loss of $3.2M ($0.06 diluted loss) vs net income of $2.1M ($0.04 EPS) in Q2 2025.
- Gross margin improved to 74.7% from 64.0% due to channel mix and lower indirect costs.
- Loss from operations of $5.9M, down from income from operations of $1.5M in Q2 2025.
- Cash and investments $98.1M; adjusted EBITDA loss of $2.6M vs positive $4.4M a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1421517/000142151726000082/0001421517-26-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1421517/000142151726000082/erii-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001421517-26-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer