The earnings call highlighted strong performance in the desalination business and progress in the CO2 sector, along with effective strategies to mitigate tariff impacts. However, challenges such as unrecognized revenue from a megaproject order and significant lost revenue from China present concerns. Overall, the positive elements slightly outweigh the negative, showcasing a company navigating challenges while maintaining growth trajectories.

Company Guidance -

Q2 2025

During the first quarter of fiscal year 2025, Energy Recovery maintained its revenue and profitability expectations, emphasizing a heavily back-end-weighted year, particularly within its strong desalination business. Despite increased tariffs, the company is working to offset the majority of the net impact, ensuring a manageable effect on its 2025 financial results. The CO2 division is progressing towards commercialization, with three OEMs integrating the PX into their designs and pilot tests anticipated in the summer. A notable collaboration with Hillphoenix was highlighted, with key milestones including a commercial agreement and a test site for the PXG integrated into their systems. Additionally, Energy Recovery is seeking to expand its international footprint, preferably through wholly owned facilities, while also exploring partnerships to navigate tariffs. Despite pulling guidance for the wastewater sector due to lost China revenue, the company is exploring opportunities in other geographies such as India and the U.S., where regulatory changes present potential growth. Overall, the company reaffirmed its gross margin guidance, underscoring a continued focus on margin expansion and cost structure optimization.

Strong Desalination Business

The desalination business remains strong and on track for the year, with a high probability pipeline giving visibility into more than 80% of expected 2025 revenue.

Progress in CO2 Business

The CO2 business is on track with clear progress towards full commercialization. Three OEMs are integrating the PX into their designs, and a collaboration with Hillphoenix is moving forward, with important milestones expected.

Tariff Impact Mitigation

Despite increased tariffs, initiatives are in place to offset the majority of the net tariff impact with manageable effects on financial results for 2025.

International Expansion Efforts

Plans to establish a 100% owned and operated facility internationally are underway, with potential benefits of being closer to key markets like the Middle East and North Africa.

Energy Recovery (ERII) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ERII Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 06, 2025	2025 (Q2)	>-0.01 / -	-0.01	―	―	―
May 07, 2025	2025 (Q1)	-0.03 / -0.18	-0.14	-28.57% (-0.04)	―
Feb 26, 2025	2024 (Q4)	0.38 / 0.41	0.34	20.59% (+0.07)	―
Oct 30, 2024	2024 (Q3)	0.07 / 0.15	0.17	-11.76% (-0.02)	―
Jul 31, 2024	2024 (Q2)	-0.11 / -0.01	-0.03	66.67% (+0.02)	―
May 01, 2024	2024 (Q1)	-0.14 / -0.14	-0.11	-27.27% (-0.03)	―
Feb 21, 2024	2023 (Q4)	0.38 / 0.34	0.24	41.67% (+0.10)	―
Nov 01, 2023	2023 (Q3)	0.04 / 0.17	0.08	112.50% (+0.09)	―
Aug 02, 2023	2023 (Q2)	-0.02 / -0.03	-0.04	25.00% (+0.01)	―
May 03, 2023	2023 (Q1)	-0.14 / -0.11	0.14	-178.57% (-0.25)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ERII Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 07, 2025	$15.04	$12.25	-18.55%
Feb 26, 2025	$14.68	$15.05	+2.52%
Oct 30, 2024	$17.86	$17.86	0.00%
Jul 31, 2024	$14.58	$17.59	+20.64%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Energy Recovery (ERII) report earnings?

Energy Recovery (ERII) is schdueled to report earning on Aug 06, 2025, After Close (Confirmed).

What is Energy Recovery (ERII) earnings time?

Energy Recovery (ERII) earnings time is at Aug 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ERII EPS forecast?

ERII EPS forecast for the fiscal quarter 2025 (Q2) is >-0.01.

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