ERII — what changed in the latest 10-Q
A section-by-section comparison of ERII's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-05 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +63 | −33 | ~43 | 78 |
| Market risk (Item 3) | Text added/removed | +1 | −1 | ~10 | 41 |
| Controls & procedures | Text added/removed | +1 | −1 | ~10 | 41 |
| Legal proceedings | Text added/removed | +1 | −1 | ~10 | 41 |
| Risk factors | Some risk factors updated | +83 | −52 | 0 | 0 |
| Other information | Text added/removed | +1 | −1 | ~10 | 41 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-05
service. Other factors for determining the reportable operating segments include the manner in which our Chief Operating Decision Maker
(“CODM”), our Interim President and Chief Executive Officer, evaluates our performance combined with the nature of the individual business
activities. In addition, our Corporate and Other include expenditures in support of the Desalination and Wastewater segments, as well as
revenue and expenditures associated with the former Emerging Technologies segment. We continue to monitor and review our segment
reporting structure in accordance with authoritative guidance to determine whether any changes have occurred that would impact our
Text removed vs the prior filing · source: 10-Q · 2026-05-06
related solution and service or, in the case of emerging technologies, where revenues from new and/or potential devices utilizing our
pressure exchanger technology can be brought to market. Other factors for determining the reportable operating segments include the
manner in which our Chief Operating Decision Maker (“CODM”), our President and Chief Executive Officer, evaluates our performance
combined with the nature of the individual business activities. In addition, our corporate operating expenses include expenditures in support
of the desalination, wastewater and emerging technologies segments. We continue to monitor and review our segment reporting structure in
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-05
Energy Recovery, Inc. | Q2'2026 Quarterly Report (Form 10-Q) | FLS 2
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Energy Recovery, Inc. | Q1'2026 Quarterly Report (Form 10-Q) | FLS 2
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-05
Energy Recovery, Inc. | Q2'2026 Quarterly Report (Form 10-Q) | FLS 2
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Energy Recovery, Inc. | Q1'2026 Quarterly Report (Form 10-Q) | FLS 2
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-05
Energy Recovery, Inc. | Q2'2026 Quarterly Report (Form 10-Q) | FLS 2
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Energy Recovery, Inc. | Q1'2026 Quarterly Report (Form 10-Q) | FLS 2
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-08-05
Except as noted below, there have been no material changes in our risk factors from those disclosed in Part I, Item 1A, “Risk Factors,”
Our Water segment revenues largely depend on the construction of new large-scale desalination plants and the retrofit of
existing desalination plants, and as a result, our operating results have historically experienced, and may continue to experience,
significant variability due to volatility in capital spending, availability of project financing, project timing, execution, war or other
hostilities and other factors affecting the broader water desalination industry.
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Energy Recovery, Inc. | Q1'2026 Quarterly Report (Form 10-Q) | FLS 1
This Quarterly Report on Form 10-Q for the three months ended March 31, 2026, including Part I, Item 2, “Management’s Discussion
and Analysis of Financial Condition and Results of Operations” (the “MD&A”), contains forward-looking statements within the “safe harbor”
provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this report include, but are not limited to,
statements about our expectations, objectives, anticipations, plans, hopes, beliefs, intentions or strategies regarding the future.
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-05
Energy Recovery, Inc. | Q2'2026 Quarterly Report (Form 10-Q) | FLS 2
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Energy Recovery, Inc. | Q1'2026 Quarterly Report (Form 10-Q) | FLS 2
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice