Energy Recovery Inc (ERII) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Energy Recovery Inc   (NASDAQ: ERII)

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Description of Energy Recovery Inc's Business Segments


Energy Recovery Inc. (ERI) Overview:

Energy Recovery Inc. is a leader in the field of energy recovery solutions with a focus on maximizing efficiency in water desalination, oil & gas applications, and a growing range of services. The company leverages innovative technology to convert wasted energy into reusable assets, significantly reducing operational costs and enhancing overall energy efficiency for their clients across various industries.

Segments

Energy Recovery Inc. primarily operates within two major segments:

1. Water Desalination
2. Oil & Gas

Products and Technologies

Water Desalination:

Energy Recoverys products for the water desalination industry are categorized into two main technology groups: PX Energy Recovery Devices and AT Turbochargers.

- PX Energy Recovery Devices:
- These innovative devices utilize patented Pressure Exchanger (PX) technology, which incorporates advanced ceramic rotors and almost frictionless hydrodynamic bearings.
- The PX devices operate with up to 98% efficiency, significantly reducing energy consumption and operational costs by up to 60% for desalination plants.
- This efficiency is critical in managing the energy-intensive process of seawater reverse osmosis, where high energy input is needed for water extraction.

- AT Turbochargers:
- The AT series includes turbochargers specifically tailored for both low-pressure brackish water and high-pressure seawater reverse osmosis systems.
- Engineered for reliability and efficiency, these turbochargers capitalize on state-of-the-art engineering, achieving substantial energy savings.
- The design features custom hydraulics and 3-D geometry, which enables optimal performance. A noteworthy innovation here is the patent-protected volute inserts that permit operational flexibility in the field.

- High-Efficiency Pumps (AquaBold):
- Complementing the main technologies, ERI offers high-efficiency pumps under the trademark AquaBold.
- The AquaBold range includes centrifugal pumps, circulation pumps, and advanced high-speed pumps, all engineered for optimal performance in demanding water desalination environments.

Oil & Gas:

Energy Recovery is also deeply entrenched in the oil and gas sector, where it has developed systems aimed at enhancing efficiency and reducing costs in energy-intensive processes.

- VorTeq Hydraulic Fracturing System:
- The VorTeq system is designed to isolate and preserve hydraulic fracturing pumps from harsh working conditions, preserving their integrity.
- In a significant partnership established in October 2015, ERI entered a fifteen-year licensing agreement with Schlumberger to utilize VorTeq technology to improve the hydraulic fracturing process while reducing operational costs.
- By rerouting hostile fracturing fluids away from critical pump equipment, VorTeq extends the life of hydraulic fracturing pumps and reduces maintenance costs.

- IsoBoost and IsoGen Systems:
- IsoBoost systems incorporate hydraulic turbochargers that capture and convert wasted hydraulic pressure energy, saving energy and operating costs for oil and gas operations.
- IsoGen systems utilize hydraulic turbines and generators to recover hydraulic energy, allowing operators to generate electricity from the hydraulic flow, further minimizing the dependence on high-cost energy sources and capital-intensive high-pressure pumps.

International Operations:

Energy Recovery Inc. operates on a global scale, providing technologies and solutions across multiple international markets. The companys products are utilized in desalination projects in regions facing acute water shortages, such as the Middle East, North Africa, and other arid climates.

In the oil and gas sector, ERIs solutions are implemented in extraction operations worldwide, including North America, Latin America, Europe, and Asia. As the energy market evolves towards a more sustainable model, ERIs innovative technologies position it advantageously to meet the growing demand for energy efficiency and sustainability.

Services Offered:

Energy Recovery Inc. provides a comprehensive suite of services designed to support their product offerings and enhance customer experience. These services include:

- Consultation and Planning: Early-stage planning assistance, leveraging ERIs expertise in fluid dynamics and material science.
- Engineering and Technical Support: Comprehensive support during the installation and commissioning of systems, ensuring optimal performance from the outset.
- Training Services: Tailored training programs for staff to ensure they are well-equipped to operate and maintain ERI systems effectively.
- Preventative Maintenance and Support: Scheduled maintenance services to ensure continued efficiency and reliability of installed products.
- Reinstallation Services: Assistance with the reinstallation and integration of products during upgrades or system changes.

While these services have not yet constituted a significant portion of ERI’s revenue, they underpin the company’s commitment to enhancing the customer lifecycle experience and ensuring the long-term success of implemented solutions.

Conclusion:

Energy Recovery Inc. stands at the forefront of technological innovation in both water desalination and oil & gas energy recovery sectors. Its focus on efficiency, sustainability, and reliability makes it a crucial player in addressing global energy and water challenges, providing advanced solutions that not only benefit clients economically but also contribute to broader environmental objectives.


Composition of Energy Recovery Inc Revenues by Segments

 
Desalination    240.6 % of total Revenue
Wastewater    16.23 % of total Revenue
Emerging Technologies    5.35 % of total Revenue
Original equipment manufacturer    177.96 % of total Revenue
Original equipment manufacturer Desalination    158.45 % of total Revenue
Original equipment manufacturer Wastewater    16.23 % of total Revenue
Original equipment manufacturer Emerging Technologies    3.27 % of total Revenue
Aftermarket    74.39 % of total Revenue
Aftermarket Desalination    72.31 % of total Revenue
Aftermarket Emerging Technologies    2.08 % of total Revenue
Megaproject    9.83 % of total Revenue
Megaproject Desalination    9.83 % of total Revenue
Middle East    69.77 % of total Revenue
Middle East Desalination    67.69 % of total Revenue
Middle East Emerging Technologies    2.08 % of total Revenue
Africa    5.29 % of total Revenue
Africa Desalination    5.29 % of total Revenue
Other    187.12 % of total Revenue
Other Desalination    167.61 % of total Revenue
Other Wastewater    16.23 % of total Revenue
Other Emerging Technologies    3.27 % of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Desalination 8.91 240.6 %
Wastewater 0.60 16.23 %
Emerging Technologies 0.20 5.35 %
Original equipment manufacturer 6.59 177.96 %
Original equipment manufacturer Desalination 5.87 158.45 %
Original equipment manufacturer Wastewater 0.60 16.23 %
Original equipment manufacturer Emerging Technologies 0.12 3.27 %
Aftermarket 2.75 74.39 %
Aftermarket Desalination 2.68 72.31 %
Aftermarket Emerging Technologies 0.08 2.08 %
Megaproject 0.36 9.83 %
Megaproject Desalination 0.36 9.83 %
Middle East 2.58 69.77 %
Middle East Desalination 2.51 67.69 %
Middle East Emerging Technologies 0.08 2.08 %
Africa 0.20 5.29 %
Africa Desalination 0.20 5.29 %
Other 6.93 187.12 %
Other Desalination 6.21 167.61 %
Other Wastewater 0.60 16.23 %
Other Emerging Technologies 0.12 3.27 %
Total 3.70 100 %




Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Desalination 14.8 % -
Wastewater 97.05 % -
Emerging Technologies 330.43 % -
Original equipment manufacturer 64.66 % -
Original equipment manufacturer Desalination 53.84 % -
Original equipment manufacturer Wastewater 219.68 % -
Original equipment manufacturer Emerging Technologies - -
Aftermarket -31.63 % -
Aftermarket Desalination -31.53 % -
Aftermarket Emerging Technologies 7600 % -
Megaproject 911.11 % -
Megaproject Desalination 911.11 % -
Middle East 28.19 % -
Middle East Desalination 24.43 % -
Middle East Emerging Technologies 7600 % -
Africa -77.37 % -
Africa Desalination -77.37 % -
Other 33.62 % -
Other Desalination 27.18 % -
Other Wastewater 97.05 % -
Other Emerging Technologies - -
Total -50.36 % -




Q1 three months ended (Mar 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Desalination 3.97 44.52 %
Wastewater 0.23 38.44 %
Emerging Technologies -1.49 -
Total -12.25 -




Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Desalination -9.41 % -
Wastewater 83.33 % -
Emerging Technologies - -
Total - -




Annual Report on Energy Recovery Inc Divisions, Sales by Country

 
Emerging Technologies   Emerging Technologies Segment contribution to total sales 0.21 % of total Revenue
Original equipment manufacturer   Original equipment manufacturer Segment contribution to total sales 23.67 % of total Revenue
Original equipment manufacturer Emerging Technologies   Original equipment manufacturer Emerging Technologies Segment contribution to total sales 0.14 % of total Revenue
Aftermarket   Aftermarket Segment contribution to total sales 14.94 % of total Revenue
Aftermarket Emerging Technologies   Aftermarket Emerging Technologies Segment contribution to total sales 0.07 % of total Revenue
Megaproject   Megaproject Segment contribution to total sales 61.43 % of total Revenue
Middle East   Middle East Segment contribution to total sales 50.53 % of total Revenue
Middle East Emerging Technologies   Middle East Emerging Technologies Segment contribution to total sales 0.07 % of total Revenue
Africa   Africa Segment contribution to total sales 11.12 % of total Revenue
Other   Other Segment contribution to total sales 38.39 % of total Revenue
Other Emerging Technologies   Other Emerging Technologies Segment contribution to total sales 0.14 % of total Revenue
Water   Water Segment contribution to total sales 99.83 % of total Revenue
Aftermarket Water   Aftermarket Water Segment contribution to total sales 14.87 % of total Revenue
Original equipment manufacturer Water   Original equipment manufacturer Water Segment contribution to total sales 23.53 % of total Revenue
Megaproject Water   Megaproject Water Segment contribution to total sales 61.43 % of total Revenue
Middle East Water   Middle East Water Segment contribution to total sales 50.46 % of total Revenue
Africa Water   Africa Water Segment contribution to total sales 11.12 % of total Revenue
Other Water   Other Water Segment contribution to total sales 38.25 % of total Revenue
Water Megaproject   Water Megaproject Segment contribution to total sales 61.43 % of total Revenue
Water Original Equipment Manufacturer   Water Original Equipment Manufacturer Segment contribution to total sales 23.53 % of total Revenue
Emerging Technologies Original Equipment Manufacturer   Emerging Technologies Original Equipment Manufacturer Segment contribution to total sales 0.14 % of total Revenue


Twelve months ended 2025
ERII s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Emerging Technologies 0.29 0.21 %
Original equipment manufacturer 31.94 23.67 %
Original equipment manufacturer Emerging Technologies 0.19 0.14 %
Aftermarket 20.16 14.94 %
Aftermarket Emerging Technologies 0.09 0.07 %
Megaproject 82.89 61.43 %
Middle East 68.18 50.53 %
Middle East Emerging Technologies 0.09 0.07 %
Africa 15.01 11.12 %
Other 51.80 38.39 %
Other Emerging Technologies 0.19 0.14 %
Total 134.93 100 %
Water 134.70 99.83 %
Aftermarket Water 20.07 14.87 %
Original equipment manufacturer Water 31.75 23.53 %
Megaproject Water 82.89 61.43 %
Middle East Water 68.08 50.46 %
Africa Water 15.01 11.12 %
Other Water 51.61 38.25 %
Water Megaproject 82.89 61.43 %
Water Original Equipment Manufacturer 31.75 23.53 %
Emerging Technologies Original Equipment Manufacturer 0.19 0.14 %


Twelve months ended 2025
ERII s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Emerging Technologies 0.15 53.33 %
Total 22.96 17.02 %
Water 87.78 65.17 %

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Emerging Technologies -55.33 % 1166.67 %
Original equipment manufacturer 1.32 % -
Original equipment manufacturer Emerging Technologies 2.13 % -
Aftermarket 11.86 % -
Aftermarket Emerging Technologies -79.33 % -
Megaproject -13.12 % -
Middle East 13.75 % -
Middle East Emerging Technologies -76.94 % -
Africa -51.16 % -
Other -4.57 % -
Other Emerging Technologies -19.25 % -
Total -6.9 % -0.38 %
Water -6.66 % -9.43 %
Aftermarket Water 14.2 % -
Original equipment manufacturer Water 1.31 % -
Megaproject Water -13.12 % -
Asia - -
Asia Water - -
Middle East and Africa - -
Middle East and Africa Water - -
Middle East and Africa Emerging Technologies - -
Europe - -
Europe Water - -
Americas - -
Americas Water - -
Middle East Water 14.35 % -
Africa Water -51.16 % -
Other Water -4.5 % -
Water Megaproject -13.12 % -
Water Original Equipment Manufacturer 1.31 % -
Emerging Technologies Original Equipment Manufacturer 2.13 % -
Asia Emerging Technologies - -
Europe Emerging Technologies - -
Americas Emerging Technologies - -



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