Energy Recovery, Inc.
Energy Recovery, Inc. (Nasdaq: ERII) designs and manufactures pressure-exchanger technology and related equipment that recovers energy in pressurized fluid systems. Its core products serve seawater and brackish-water reverse osmosis desalination, wastewater treatment and water reuse, helping plant operators reduce… From the company’s description.
Over the twelve months to Sep 30, 2026, Energy Recovery, Inc. reported revenue of $99.77M, down 26.2% from a year earlier, and net income of $5.13M. Its operating margin was 0.8%, and operations generated $35.17M in cash. In fiscal 2025, it reported revenue of $134.99M, down 6.9% from fiscal 2024, and net income of $22.96M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Energy Recovery, Inc. does
In the company’s own words
Energy Recovery, Inc. (Nasdaq: ERII) designs and manufactures pressure-exchanger technology and related equipment that recovers energy in pressurized fluid systems. Its core products serve seawater and brackish-water reverse osmosis desalination, wastewater treatment and water reuse, helping plant operators reduce energy use; offerings include PX pressure exchangers, hydraulic turbochargers, high-pressure pumps and circulation pumps. Customers include large desalination project developers and engineering, procurement and construction firms, equipment manufacturers serving smaller plants, and plant owners and operators buying aftermarket parts and services. The company reports Water and Emerging Technologies segments: Water serves desalination and wastewater markets, while Emerging Technologies applies pressure-exchanger technology to new uses, including CO2 refrigeration through the PX G1300. In February 2026, it decided to wind down its CO2 retail grocery business. Its PX devices are used in desalination plants producing more than 43 million cubic meters of water per day. The company manufactures products in California and serves customers globally. Its website is www.energyrecovery.com.
Company details
- Sector
- Industrials
- Industry (SIC)
- Industrial Machinery
- Headquarters
- SAN LEANDRO, CA
- Fiscal year end
- December
- CIK
- 1421517
- SIC
- 3559
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Energy Recovery, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Energy Recovery, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do Energy Recovery, Inc. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of Energy Recovery, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in Energy Recovery, Inc.'s last four quarterly filings that the numbers alone won't show?”
