Earnings ·
374Water Inc. reported second quarter 2026 financial results, revealing revenue of $2.26 million, a 280% increase from…
SCWO374Water Inc.
374Water Inc. reported second quarter 2026 financial results, revealing revenue of $2.26 million, a 280% increase from the prior year period. The surge was driven by project milestones, including the Orange County Sanitation District Factory Acceptance Test, which generated approximately $2.0 million in revenue. Gross profit improved to $1.98 million with an 87% margin, compared to a gross deficit in Q2 2025. Operating expenses decreased to $3.6 million, resulting in a net loss of $2.7 million or $0.15 per share, down from $4.6 million previously. The company holds $1.8 million in cash and has secured an Orlando facility while advancing deployments in St. Cloud and Olathe. 374Water Inc. operates in the cleantech and environmental services industry, deploying supercritical water oxidation technology for waste destruction.