Earnings ·
374Water Inc. issued a press release reporting preliminary second quarter 2026 revenue exceeding $2.2 million…
SCWO374Water Inc.
374Water Inc. issued a press release reporting preliminary second quarter 2026 revenue exceeding $2.2 million, compared to $0.6 million in the prior year period. First half revenue surpassed $2.8 million, more than doubling the previous year's total of $1.1 million. Key operational milestones included completing a Factory Acceptance Test for the Orange County Sanitation District, which positions the company to invoice approximately $2.6 million and recognize $1.1 million in remaining contract value. The company also secured a $4.8 million order from Olathe, Kansas, and advanced a $600,000 pilot project in St. Cloud, Minnesota. Additionally, 374Water appointed Charles Weiser as Chief Financial Officer and Richard Davis to its Board of Directors. The company operates in the cleantech environmental services industry, deploying supercritical water oxidation technology for waste destruction.