Latest Financial Results
FY 2023
Fiscal Year Ended Dec 31, 2023
$128.3M
Record annual revenue of $128.3 million, which includes a 79% growth in wastewater and represents nine consecutive years of revenue growth.
$57.2M
Record quarterly revenue of $57.2 million, representing a 35% year-on-year growth with strong performance in Energy Recovery’s primary desalination business and the continued rapid expansion of the company’s wastewater sector.
67.8%
Gross margin of 67.8%, within Energy Recovery’s expectations and above guidance.
$68.0M
Operating expenses of $68.0 million, in line with Energy Recovery’s expectations.
Source: Q4 2023 Earnings Release
For complete information regarding our financials, see our periodic filings
Latest Annual Filing
For Fiscal Year Ending Dec 31, 2023