Energy Recovery Reports its Second Quarter 2026 Financial Results
Energy Recovery reported Q2 revenue of $12.0 million, down 57% year-over-year, swinging to a net loss of $3.2 million. Management attributed the revenue decline primarily to the 'war in Iran,' which significantly impacted its desalination projects.
Key figures
- Revenue
- 12000000
- Revenue Yoy
- -57%
- Fcf
- 15400000
- Gross margin
- 74.7%
- Cash and investments
- 98100000
AI analysis
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