Energy Recovery, Inc.

Energy Recovery, Inc.

ERII
Energy Recovery, Inc.US flagNASDAQ Global Select
8.33
USD
+0.14
- -
429.37MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.84
0.59
0.84
0.95
1.08
1.14
1.33
1.65
1.82
2.23
2.27
2.53
2.51
2.57
Basic EPS, GAAP
-0.06
-0.36
-0.22
0.07
0.34
0.41
0.2
0.47
0.25
0.43
0.38
0.4
0.43
0.39
Free Cash Flow per Basic Share
0.04
-0.07
1.32
0.09
0.05
0.14
0.1
0.3
0.24
0.22
0.46
0.36
0.35
0.55
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.57
-0.92
-1.14
-1.11
-0.68
-0.27
-0.06
0.41
0.65
1.09
1.47
1.85
2.39
2.19
Tangible Book Value per Share
1.37
1.04
0.93
0.96
1.45
1.86
2.25
2.85
2.91
3.07
3.67
3.45
3.59
3.25
Basic Weighted Avg Shares
51
52
52
52
54
54
55
56
57
56
56
57
54
53
Sales/Revenue/Turnover
43
30
44
50
58
61
73
92
104
126
128
145
135
137
Operating Margin (%)
-6.28
-60.75
-27
6.89
15.94
16.35
14.23
36.51
13.31
19.77
14.84
15.32
17.93
17.98
Depreciation Expense
4
4
4
4
4
4
4
5
6
6
4
4
4
4
Net Income, GAAP
-3
-19
-12
4
18
22
11
26
14
24
22
23
23
21
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
10.96
17.88
- -
7.76
5.29
10.43
16.79
17.81
Profit Margin (%)
-7.22
-61.48
-26.65
7.48
31.63
36.2
14.98
28.65
13.73
19.15
16.75
15.9
17.01
15.07
Working Capital
41
42
108
105
96
93
85
127
132
140
164
150
164
144
LT Debt
- -
- -
- -
- -
2
13
12
16
15
13
11
9
7
6
Total Equity
87
70
64
65
92
113
136
172
179
185
220
210
206
184
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
6.72
16.38
- -
11.58
8.31
8.72
9.16
9.96
Return on Capital (%)
- -
- -
- -
- -
- -
- -
268.17
106.3
- -
37.08
24.99
21.63
17.99
17.73
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
47.51
48.89
29.88
24.46
19.58
19.39

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2
3
3
LT Borrowings
- -
- -
- -
LT Finance Leases
8
7
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
53
53
52
Market Capitalization
844
726
536

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
156
181
161
Cash, Cash Equivalents & STI
70
75
86
Accounts Receivable, Net
44
77
39
Inventories
34
24
31
Total Current Liabilities
21
17
17
Payables & Accruals
16
14
13
ST Debt
2
3
3
Deferred Revenue
2
1
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.31%
4.03%
-1.82%
Free Cash Flow
26.67%
10.01%
-8.54%
Net Income, GAAP
39.2%
3.77%
-0.38%
Sales/Revenue/Turnover
12.35%
8.39%
-6.87%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12
27
39
67
145
2025
8
28
32
67
135
2026
10
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.14
-0.01
0.15
0.41
0.4
2025
-0.18
0.04
0.07
0.51
0.43
2026
-0.23
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
David W. Moon
Full Time Employees
254
Sector
Industrials
Industry
Industrial - Pollution & Treatment Controls
Address
1717 Doolittle Drive San Leandro CA United States of America 94577
IPO Date
Jul 2, 2008
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.

Company News

MCPAPIChat
  • Energy Recovery Announces Appointment of Alex Buehler as Interim President and Chief Executive Officer

  • Energy Recovery to Participate in Upcoming Investor Conference

  • Energy Recovery, Inc. (ERII) Q1 2026 Earnings Call Transcript

  • Energy Recovery (ERII) Reports Q1 Loss, Tops Revenue Estimates

  • Energy Recovery Reports its First Quarter 2026 Financial Results and Organizational Updates

  • 4 Pollution Control Stocks to Watch on Robust Industry Trends

  • SHARC Energy Selected by National Laboratory of the Rockies for Advanced Wastewater Energy Recovery Project

  • Energy Recovery to Release First Quarter 2026 Financial Results

  • Energy Recovery (NASDAQ:ERII) Shares Gap Down Following Analyst Downgrade

  • FAST TURNAROUND: Former energy sec predicts SHOCKINGLY swift energy recovery

  • Energy Recovery, Inc. $ERII Shares Sold by JPMorgan Chase & Co.

  • Analysts Set Energy Recovery, Inc. (NASDAQ:ERII) Target Price at $15.00

  • Energy Recovery (ERII) Soars 7.0%: Is Further Upside Left in the Stock?

  • Energy Recovery (NASDAQ:ERII) Reaches New 12-Month Low – Time to Sell?

  • Alpha Wave Global LP Trims Stake in Energy Recovery, Inc. $ERII

  • Energy Recovery Unveils Next Generation Pressure Exchanger Designed for the World's Leading Desalination Plants

  • Brokerages Set Energy Recovery, Inc. (NASDAQ:ERII) Price Target at $15.00

  • Energy Recovery CO2 Refrigeration Melted, Desalination Evaporates Into 2027

  • Energy Recovery, Inc. (ERII) Q4 2025 Earnings Call Transcript

  • Energy Recovery Reports its Fourth Quarter 2025 Financial Results