Energy Recovery, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Alexander J. Buehler
- Full Time Employees
- 230
- Sector
- Industrials
- Industry
- Industrial - Pollution & Treatment Controls
- Address
- 1717 Doolittle Drive San Leandro CA United States of America 94577
- IPO Date
- Jul 2, 2008
- CIK
- 0001421517
- Website
- energyrecovery.com
- Similar Companies
- Business
- Energy Recovery, Inc. (NASDAQ: ERII) designs, manufactures and sells energy recovery devices and related solutions that enhance efficiency and sustainability in industrial fluid-flow processes, primarily through its proprietary pressure exchanger technology platform. Founded in 1992 and headquartered in San Leandro, California, in the San Francisco Bay Area, the company offers a suite of PX Pressure Exchanger devices including low-pressure, high-pressure and ultra-high-pressure models such as PX G1300 for CO2 refrigeration and Ultra PX for ultra high-pressure reverse osmosis in wastewater treatment; PX Turbochargers; and a family of pumps, targeting reverse osmosis desalination, wastewater applications, CO2 refrigeration and emerging technologies segments with operations worldwide including manufacturing and R&D in California, sales offices globally and recent expansions into Australia and New Zealand. Energy Recovery serves customers in water treatment, oil and gas, chemical processing and refrigeration industries, deriving majority revenue from its Water segment. In recent developments, the company announced significant desalination project wins including $32.8 million in contracts from Saudi Arabia in November 2025, $31 million in awards in September 2025 and over $7 million earlier in the year; formed a strategic partnership with Osmoflo in May 2025 to distribute PX technology across Australia and New Zealand; validated a 30-year service life for its PX Pressure Exchanger via testing announced in February 2025; appointed a new Chief Technology Officer and Vice President of Wastewater; and authorized multiple share repurchase programs totaling $105 million from November 2024 through August 2025, including a $25 million program in August 2025 reflecting strong cash generation.
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