Energy Recovery (ERII)
NASDAQ:ERII
Want to see ERII full AI Analyst Report?
Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
>-0.01Last Year’s EPS
0.04Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mix of meaningful commercial and strategic positives — notably the Q650 launch with early orders, manufacturing expansion plans, and pipeline opportunities in China, South America and potentially Texas — alongside substantial near-term uncertainties tied to the Middle East conflict, withdrawal of 2026 guidance, leadership transitions (CEO retirement intention and CFO resignation), and some cost/input pressures. The positives demonstrate product momentum and a clear strategic plan, but the geopolitical exposure and guidance pause introduce material short-term uncertainty.Company Guidance
Successful Launch of PX Q650
Launched PX Q650 in March 2026, secured first commercial order and engaged multiple large customers to design the product into large desalination plants; management describes early commercial momentum and expects a multi-year transition to make Q650 the primary product (management estimates that transition could complete by 2028).
Clear Product Roadmap and Ongoing Innovation
Company emphasizes continued product innovation with additional products on the drawing board, and cites prior successful transitions (Q300 -> Q400) as precedent for product adoption timelines (two-plus years for prior transition).
Manufacturing Expansion Plans
Continued planning to expand manufacturing footprint overseas with a target to begin assembling Q400 units abroad (management reiterated the target to start overseas Q400 assembly by 'Q1'); the Middle East expansion is driven by customer demand for local content and potential cost benefits.
Inventory and Production Planning
Management is proactively building inventory to be ready to serve customers when projects resume, citing visibility into near-term Q400 demand and a deliberate multi-year transition plan for Q650 production volumes.
Focus on Cost Discipline and Manufacturing Productivity
Company reiterates emphasis on cost control through lean and Kaizen programs, manufacturing transformation (both domestic productivity gains and overseas footprint), and ongoing SG&A discipline; management highlighted prior workforce reductions and ongoing efforts to optimize costs.
Geographic Opportunity Pipeline
Management called out strong opportunities and ramping activity in China and South America, with Texas as a potential wildcard for future desal projects, indicating multiple market avenues beyond the Middle East.
ERII Earnings History
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 06, 2026 | $11.61 | $9.43 | -18.78% |
Feb 25, 2026 | $16.12 | $10.43 | -35.30% |
Nov 05, 2025 | $17.26 | $14.49 | -16.05% |
Aug 06, 2025 | $13.62 | $14.65 | +7.56% |
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 05, 2026, After Close (Confirmed).
What is Energy Recovery (ERII) earnings time?
Energy Recovery (ERII) earnings time is at Aug 05, 2026, 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 2026 (Q2) is >-0.01.