
Energy Recovery (ERII) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Energy Recovery (ERII) last issued guidance on February 25, 2026 for fiscal year 2026. The company guided earnings per share in the range of $0.5 - $0.7, compared to a consensus EPS estimate of $0.75. Energy Recovery also guided revenue in the range of $115M - $140M for the period.
Compared to prior guidance, Energy Recovery lowered its revenue forecast from a prior range of $147M - $159M.
Energy Recovery has issued 8 guidance updates between November 2, 2022 and February 25, 2026. During this period, the company raised its outlook 2 times and lowered it 2 times, providing investors with insight into management's evolving expectations.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $-0.04 | $-0.09 | $0.66 | $0.08 |
| Actual | $-0.03 | $-0.11 | $0.53 | $0.12 |
| Surprise | +25.0% | -22.2% | -19.7% | +50.0% |
| Revenue | ||||
| Estimate | $18.3M | $8.0M | $82.8M | $29.9M |
| Actual | $12.0M | $9.7M | $66.9M | $32.0M |
| Surprise | -34.4% | +20.8% | -19.2% | +7.12% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $-0.01 | $0.12 | $-0.13 | $-0.02 |
| Revenue | ||||
| Consensus | $16.5M | $34.6M | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 5, 2026 | $-0.03 | $-0.04 | 25.0 % |
| Q1 | May 6, 2026 | $-0.11 | $-0.09 | -22.2 % |
| Q4 | Feb 25, 2026 | $0.53 | $0.66 | -19.7 % |
| Q3 | Nov 5, 2025 | $0.12 | $0.08 | 50.0 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 5, 2026 | $12.00M | $18.28M | -34.4 % |
| Q1 | May 6, 2026 | $9.71M | $8.03M | 20.8 % |
| Q4 | Feb 25, 2026 | $66.87M | $82.81M | -19.2 % |
| Q3 | Nov 5, 2025 | $32.00M | $29.87M | 7.12 % |