374Water Inc.

374Water Inc.SCWOEarnings & Financial Report

Nasdaq · Information Technology · Motors & Generators

374Water Inc. is a cleantech company offering advanced supercritical water oxidation solutions for non-recyclable waste treatment. It serves industrial, municipal and government clients across North America and Europe, processing organic sludge, hazardous industrial waste and contaminated wastewater to cut environmental impact of waste disposal.

SCWO Q4 2025 Key Financial Metrics

Revenue

$-1.7M

Gross Profit

$-2.4M

Operating Profit

$-8.4M

Net Profit

$-8.3M

Gross Margin

144.1%

Operating Margin

496.8%

Net Margin

495.8%

YoY Growth

-14299.1%

EPS

$-1.35

374Water Inc. Q4 2025 Financial Summary

374Water Inc. reported revenue of $-1.7M (down 14299.1% YoY) for Q4 2025, with a net profit of $-8.3M (down 74.8% YoY) (495.8% margin). Cost of goods sold was $742.5K, operating expenses totaled $5.9M.

Key Financial Metrics

Total Revenue$-1.7M
Net Profit$-8.3M
Gross Margin144.1%
Operating Margin496.8%
Report PeriodQ4 2025

374Water Inc. Annual Revenue by Year

374Water Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $215.0K). Click any linked year to see what changed vs the prior annual report.

YearAnnual Revenue
2025$215.0Kvs 2024
2024$445.4Kvs 2023
2022$3.0M

374Water Inc. Quarterly Revenue & Net Profit History

374Water Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 2025$-1.7M-14299.1%$-8.3M495.8%
Q3 2025$760.4K+833.1%$-4.3M-571.9%
Q2 2025$595.0K+1515.8%$-4.6M-769.9%
Q1 2025$543.1K+72.3%$-3.7M-681.0%
Q4 2024$11.9K+109.9%$-4.8M-40279.3%
Q3 2024$81.5K+563.1%$-2.7M-3315.5%
Q2 2024$36.8K-26.2%$-2.9M-7963.7%
Q1 2024$315.3K-60.7%$-2.0M-642.1%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$315278$36821$81490$11856$543100$594967$760417$-1.7M
YoY Growth-60.7%-26.2%563.1%109.9%72.3%1515.8%833.1%-14299.1%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$14.5M$12.2M$10.1M$19.2M$16.0M$12.4M$11.4M$11.4M
Liabilities$1.6M$1.5M$1.6M$3.7M$3.4M$3.4M$4.9M$4.7M
Equity$12.9M$10.7M$8.5M$15.5M$12.6M$8.9M$6.5M$6.7M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-2.5M$-2.4M$-2.6M$-3.1M$-3.5M$-4.1M$-2.6M$-4.1M