Energy Recovery, Inc. (ERII)

NASDAQ: ERII · Real-Time Price · USD
9.13
-0.30 (-3.18%)
At close: May 8, 2026, 4:00 PM EDT
9.14
+0.01 (0.09%)
After-hours: May 8, 2026, 7:53 PM EDT
Market Cap470.61M -43.6%
Revenue (ttm)136.63M -3.0%
Net Income20.59M -3.9%
EPS0.38 +3.2%
Shares Out 51.55M
PE Ratio23.85
Forward PE13.04
Dividendn/a
Ex-Dividend Daten/a
Volume1,548,666
Open9.67
Previous Close9.43
Day's Range9.03 - 9.67
52-Week Range9.03 - 18.32
Beta1.04
AnalystsBuy
Price Target17.07 (+86.97%)
Earnings DateMay 6, 2026

About ERII

Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the United States, North, South and Latin America, the Middle East, Northern Africa, Asia, and Europe. It operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra high-pressure exchangers; AT and LPT hydraulic turbochargers; and high-pressure feed and circulation pumps for use in water treatment industries, including seawater and brackish desalination, and wastewa... [Read more]

IPO Date Jun 2, 2008
Employees 230
Stock Exchange NASDAQ
Ticker Symbol ERII
Full Company Profile

Financial Performance

In 2025, Energy Recovery's revenue was $134.99 million, a decrease of -6.87% compared to the previous year's $144.95 million. Earnings were $22.96 million, a decrease of -0.38%.

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for ERII stock is "Buy." The 12-month stock price target is $17.07, which is an increase of 86.97% from the latest price.

Price Target
$17.07
(86.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Energy Recovery to Participate in Upcoming Investor Conference

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII), a global leader in energy-efficient technology enabling affordable, reliable water and reduced emissions, today announced it...

15 hours ago - Business Wire

Energy Recovery reports Q1 adjusted EPS (11c), consensus (7c)

Reports Q1 revenue $9.7M, consensus $7.86M.

2 days ago - TheFly

Energy Recovery CEO Moon to retire

Energy Recovery (ERII) announced that David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors of his intention to retire following the appointment of

2 days ago - TheFly

Energy Recovery Earnings Call Transcript: Q1 2026

PX Q650 launched with strong initial demand, but Middle East conflict has led to withdrawal of 2026 guidance and project delays. Strategic focus remains on innovation, cost discipline, and global expansion, with leadership transitions underway.

2 days ago - Transcripts

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

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery”, “Company”, “we”, and “our”) today announced its financial results for the first quarter ended March 31, 20...

2 days ago - Business Wire

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

VANCOUVER, British Columbia, May 05, 2026 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the “Company”), a global leader in Wastewater E...

3 days ago - GlobeNewsWire

Energy Recovery to Release First Quarter 2026 Financial Results

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII or the Company) announced today it will release its financial results for the quarter ending March 31, 2026. The Company will ...

21 days ago - Business Wire

Energy Recovery sinks after Northcoast downgrade on project delay risk

As previously reported, Northcoast downgraded Energy Recovery (ERII) to Neutral from Buy without a price target The stock in afternoon trading is down 5% to $10.68. When the company’s 2026

23 days ago - TheFly

Energy Recovery downgraded to Neutral from Buy at Northcoast

Northcoast downgraded Energy Recovery (ERII) to Neutral from Buy.

23 days ago - TheFly

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

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery (Nasdaq: ERII), a global leader in energy-efficient technology enabling affordable, reliable water and reduced emissions, today announced the laun...

2 months ago - Business Wire

Energy Recovery initiated with a Buy at Northcoast

Northcoast initiated coverage of Energy Recovery (ERII) with a Buy rating and $14 price target

2 months ago - TheFly

Energy Recovery price target lowered to $16 from $23 at Seaport Research

Seaport Research lowered the firm’s price target on Energy Recovery (ERII) to $16 from $23 and keeps a Buy rating on the shares.

2 months ago - TheFly

Energy Recovery price target lowered to $12 from $16 at B. Riley

B. Riley lowered the firm’s price target on Energy Recovery (ERII) to $12 from $16 and keeps a Neutral rating on the shares. Energy Recovery’s revenue miss was driven by

2 months ago - TheFly

Energy Recovery says to wind down CO2 retail grocery business

In a letter to shareholders, Energy Recovery (ERII) announced that it has made the decision to wind down our CO2 retail grocery business effective immediately. “As discussions with customers have

2 months ago - TheFly

Energy Recovery Earnings Call Transcript: Q4 2025

2025–2026 results are impacted by large desalination project delays, but underlying demand remains strong and growth is expected to resume in 2027. The CO2 business wind-down yields cost savings, while new product launches and manufacturing expansion support future margin improvement.

2 months ago - Transcripts

Energy Recovery reports Q4 EPS 50c, consensus 67c

Reports Q4 revenue $66.9M, consensus $82.59M. Reports Q4 gross margin of 67.2%, a decrease of 300 bps, as compared to Q4’2024, due primarily to costs related to product mix and

2 months ago - TheFly

Energy Recovery Reports its Fourth Quarter 2025 Financial Results

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the fourth quarter and year ended December 31, ...

2 months ago - Business Wire

Energy Recovery to Participate in Upcoming Investor Conferences

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII), a global leader in energy-efficient technology enabling affordable, reliable water and reduced emissions, today announced th...

2 months ago - Business Wire

Energy Recovery to Release Fourth Quarter and Full Year 2025 Financial Results

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII or the Company) announced today it will release its financial results for the full year ending December 31, 2025. The Company ...

3 months ago - Business Wire

Energy Recovery price target raised to $23 from $17 at Seaport Research

Seaport Research raised the firm’s price target on Energy Recovery (ERII) to $23 from $17 and keeps a Buy rating on the shares. While CO2 refrigeration has performed as expected,

6 months ago - TheFly

Energy Recovery price target raised to $16 from $14 at B. Riley

B. Riley analyst Ryan Pfingst raised the firm’s price target on Energy Recovery (ERII) to $16 from $14 and keeps a Neutral rating on the shares following the Q3 beat.

6 months ago - TheFly

Energy Recovery Earnings Call Transcript: Q3 2025

Strong Q3 sales and cost control led to reiterated revenue guidance and reduced OpEx outlook. CO2 business validated key benefits but faces delayed commercialization, while wastewater and lithium extraction projects show growth potential.

6 months ago - Transcripts

Energy Recovery reports Q3 EPS 12c, consensus 10c

Reports Q3 revenue $32M, consensus $29.94M.

6 months ago - TheFly

Energy Recovery affirms FY25 revenue view $147M-$159M, consensus $151.28M

16:49 EST Energy Recovery (ERII) affirms FY25 revenue view $147M-$159M, consensus $151.28M

6 months ago - TheFly

Energy Recovery Reports its Third Quarter 2025 Financial Results

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the third quarter and nine months ended Septemb...

6 months ago - Business Wire