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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 launch of the PX Q650 Pressure Exchanger, a next-generation energy recovery device (ERD) designed to meet the scale, efficiency, and reliability requirements of the desalination industry. The Q650 represents the next evolution of Energy Recovery's PX Pressure Exchanger, delivering higher flow capacity.

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, 2025. Fourth Quarter Highlights Revenue of $66.9 million, a decrease of $0.2 million, as compared to Q4'2024, due to timing of revenue from contracted projects. Gross margin of 67.2%, a decrease of 300 bps, as compared to Q4'2024, due primarily to costs related to product mix and tariffs. Operating.

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 September 30, 2025. Third Quarter Highlights Q3'2025 financial results were in-line with internal expectations and consistent with our communicated expectations for quarterly revenue cadence in 2025. Revenue of $32.0 million, a decrease of $6.6 million, as compared to Q3'2024, due to timing of revenue fro.

Energy Recovery Announces New Share Repurchase Program

SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced its Board of Directors approved a share repurchase program to purchase up to $25 million of the company's outstanding common stock over the next 12 months, beginning in August 2025. The new program is in addition to two share repurchase programs announced in the last twelve months. The $50 million share repurchase program announced in November was completed in Q4 2024. Under this program, the company repu.