secwatch / observer
8-K filed May 6, 2026, 7:59 PM ET ticker ERII CIK 0001421517
leadership confidence high sentiment neutral materiality 0.80

Energy Recovery reports Q1 2026 results, CEO David Moon to retire, CFO resigns, board authorizes $25M share repurchase

Energy Recovery, Inc.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

David Moon

President and Chief Executive Officer
ERII · Energy Recovery, Inc.
Filed
May 6, 2026, 7:59 PM ET
David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.
Departed

Mike Mancini

Chief Financial Officer
ERII · Energy Recovery, Inc.
Effective
2026-05-06
Successor
Aidan Ryan
Filed
May 6, 2026, 7:59 PM ET
On May 4, 2026, Mike Mancini, Chief Financial Officer of the Company, submitted his resignation to the Company effective as of May 6, 2026.
Appointed (interim)

Aidan Ryan

Interim Chief Financial Officer
ERII · Energy Recovery, Inc.
Effective
2026-05-06
Filed
May 6, 2026, 7:59 PM ET
On May 6, 2026, the Company announced that Aidan Ryan, 42, has been appointed as the Interim Chief Financial Officer.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Energy Recovery, Inc. reported the first quarter ended March 31, 2026 results: revenue $9.7 million, net income Net loss of $12.3 million, EPS Diluted loss per share ($0.23).

Period
the first quarter ended March 31, 2026
Revenue
$9.7 million
Net income
Net loss of $12.3 million
EPS
Diluted loss per share ($0.23)
Result
reported results
Exact text from the filing
over the next 12 months. Since November 2024, the Company has now announced $130.0 million of aggregate share repurchase authorizations. First Quarter Highlights • Revenue of $9.7 million, an increase of $1.6 million, as compared to Q1’2025. • Gross margin of 27.8%, a decrease of 2,750 bps, as compared to Q1’2025 due primarily to $1.6 million of restructuring
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

David Moon departed as President and Chief Executive Officer at Energy Recovery, Inc..

Action
retire
Role
President and Chief Executive Officer
Exact text from the filing
David Moon, President and Chief Executive Officer of the Company, has notified the Board of Directors (the “Board”) of his intention to retire following the appointment of his replacement.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.98

Mike Mancini resigned as Chief Financial Officer at Energy Recovery, Inc..

Action
resigned
Role
Chief Financial Officer
Exact text from the filing
On May 4, 2026, Mike Mancini, Chief Financial Officer of the Company, submitted his resignation to the Company effective as of May 6, 2026.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.98

Aidan Ryan was appointed as Interim Chief Financial Officer at Energy Recovery, Inc..

Action
appointed
Role
Interim Chief Financial Officer
Exact text from the filing
On May 6, 2026, the Company announced that Aidan Ryan, 42, has been appointed as the Interim Chief Financial Officer.
View on SEC.gov

20 earnings releases filed in the last 30 days. Browse all earnings releases →

Energy Recovery, Inc. filing history →

Source: SEC EDGAR
accession 0001421517-26-000040
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