# Energy Recovery, Inc. (ERII) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from Energy Recovery, Inc.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/ERII/mda/fy2025/): filed 2026-02-25; accession 0001421517-26-000022 (https://www.sec.gov/Archives/edgar/data/1421517/000142151726000022/erii-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/ERII/mda/fy2024/): filed 2025-02-26; accession 0001421517-25-000048 (https://www.sec.gov/Archives/edgar/data/1421517/000142151725000048/erii-20241231.htm)
- [FY 2023 MD&A](/company/ERII/mda/fy2023/): filed 2024-02-21; accession 0001421517-24-000055 (https://www.sec.gov/Archives/edgar/data/1421517/000142151724000055/erii-20231231.htm)
- [FY 2022 MD&A](/company/ERII/mda/fy2022/): filed 2023-02-22; accession 0001421517-23-000046 (https://www.sec.gov/Archives/edgar/data/1421517/000142151723000046/erii-20221231.htm)
- [FY 2021 MD&A](/company/ERII/mda/fy2021/): filed 2022-02-24; accession 0001421517-22-000037 (https://www.sec.gov/Archives/edgar/data/1421517/000142151722000037/erii-20211231.htm)

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