Energy Recovery swings to Q3 net loss of $6.33 million; revenue falls 65% to $11.2 million
ERII•Energy Recovery reported a third-quarter 2026 net loss of $6.33 million, compared with net income of $3.87 million a year earlier. Revenue fell 65% to $11.2 million, while gross margin declined to 37.5% from 64.2%.
1. Quarterly results
Energy Recovery swung to a third-quarter 2026 net loss of $6.33 million from net income of $3.87 million a year earlier. Revenue dropped 65% year over year to $11.2 million, and gross margin fell to 37.5% from 64.2%, primarily due to lower volume, product mix and indirect manufacturing costs.
