Welcome to our dedicated page for Energy Recovery news (Ticker: ERII), a resource for investors and traders seeking the latest updates and insights on Energy Recovery stock.
Energy Recovery designs and manufactures energy-saving technology built around proprietary pressure exchanger systems for critical infrastructure. Its news centers on water-sector demand, seawater desalination products, launches such as the PX Q650 Pressure Exchanger, and how contracted project timing, product mix, tariffs, manufacturing costs, and operating expenses affect reported results.
Company updates also cover investor-conference participation, management commentary through shareholder letters, organizational changes, and business decisions within its Emerging Technologies activities. The recurring focus is the use of pressure exchanger technology to improve energy efficiency in desalination and other industrial applications while supporting global sales and technical service.
Energy Recovery (Nasdaq: ERII) has signed a lease for a new 3,750-square-meter manufacturing facility near Dammam Second Industrial City in Dammam, Saudi Arabia, expected to be operational in 2027. The plant, operated through the wholly owned “Energy Recovery Company,” will handle key stages of the proprietary PX Pressure Exchanger manufacturing process, including machining, assembly, and testing.
The facility will serve desalination customers in Saudi Arabia and across the Middle East and North Africa, create skilled local jobs, and support industrial localization and water security goals aligned with Saudi Arabia’s Vision 2030. According to Energy Recovery, its technology currently helps produce 43.6 million cubic meters of water daily, saving customers an estimated $7.2 billion in energy costs annually and reducing seawater desalination energy use by up to 60%.
Energy Recovery (Nasdaq: ERII) announced a contract to supply its PX Pressure Exchanger energy recovery devices to a new flagship seawater reverse osmosis desalination plant under Saudi Arabia's Vision 2030 program. The plant is expected to provide affordable, drought‑resilient water to about one million people in Mecca, Al‑Baha, and Asir.
The PX devices will reduce the plant’s energy use within the reverse osmosis process. According to Energy Recovery, its installed and contracted capacity in Saudi Arabia now supports over 11 million cubic meters per day of fresh water production.
Energy Recovery (NASDAQ: ERII) announced it will release financial results for the quarter ending June 30, 2026, on Wednesday, August 5, 2026, after market close. The company will host a live listen-only conference call that day at 2 p.m. PT / 5 p.m. ET to discuss the results and related matters.
Investors can join via US/Canada toll-free line +1 (877) 709-8150 or local/international line +1 (201) 689-8354, or through an internet webcast. A replay will be available about three hours after the live call and remain accessible until September 5, 2026 using access code 13760218 on the replay numbers provided.
Energy Recovery (Nasdaq: ERII) announced the appointment of John Mitchell to its Board of Directors. Board Chair Pamela Tondreau highlighted Mitchell’s experience leading complex, technology-driven, “hard-tech” businesses and his familiarity with markets undergoing significant transformation, which the company expects will benefit its strategy in the evolving water sector.
Mitchell has more than three decades of global leadership across finance, operations, and industrial technology. He most recently served as Senior Vice President and General Manager of the Sensor Solutions business at TE Connectivity and previously was President of TE SubCom. His earlier career includes senior financial roles at TE Connectivity divisions and positions at JohnsonDiversey, Tyco Electronics Power Systems, and Tyco Electronics. He holds an MBA from University College Dublin and a Bachelor of Business Studies from the University of Limerick.
Energy Recovery (NASDAQ: ERII) announced five new contracted wastewater projects in India using its PX Pressure Exchanger energy recovery devices in industrial RO plants. The orders span textile, photovoltaic, steel, and petrochemical sectors and add 30,000 m³/day, bringing supported industrial wastewater capacity in India to over 230,000 m³/day.
Energy Recovery (Nasdaq: ERII) appointed Board member Alex Buehler as Interim President and CEO, effective immediately, following the accelerated retirement of President and CEO David Moon for personal reasons.
Buehler, a former Energy Recovery CFO, will retain his Board seat but leave the Compensation and Audit Committees, with Director Arve Hanstveit becoming Audit Chair.
Energy Recovery (NASDAQ: ERII) will participate in the B. Riley Securities 26th Annual Investor Conference. Interim CFO Aidan Ryan will take part in investor meetings on Thursday, May 21, 2026. The company provides energy-efficient technologies for water and emissions reduction.
Energy Recovery (Nasdaq:ERII) reported Q1 2026 results: revenue $9.7M (up 20% vs Q1 2025) and gross margin 27.8% (down 2,750 bps) driven by $1.6M of restructuring charges tied to wind down of the CO2 retail grocery business. Net loss was $12.3M; adjusted EBITDA loss $7.1M. Cash and investments totaled $92.1M. Management changes: CEO David Moon announced intention to retire after successor appointment; CFO Mike Mancini resigned, Aidan Ryan named interim CFO. Board authorized a $25M buyback, bringing aggregate authorizations to $130M.
Energy Recovery (NASDAQ: ERII) will release first quarter 2026 financial results on Wednesday, May 6, 2026 after market close and will host a live conference call the same day at 2:00 p.m. PT / 5:00 p.m. ET.
Investors can listen via toll-free numbers or webcast; call replay will be available through June 6, 2026 with access code 13760218.
Energy Recovery (Nasdaq: ERII) launched the PX Q650 Pressure Exchanger on March 9, 2026, a next-generation energy recovery device for large-scale seawater desalination.
The PX Q650 offers 250–650 gpm flow (63% higher peak vs PX Q400), peak efficiency up to 99%, volumetric mixing as low as 2%, and warranty enhancements: 10-year ceramic and 4-year performance coverage for units sold and shipped on or after March 9, 2026.