374Water Inc (SCWO)
NASDAQIndustrialsIndustrial - Pollution & Treatment ControlsSnapshot 2026-11-05
$2.43-3.95%
Close 2026-11-05 · 1-day change
NASDAQIndustrialsIndustrial - Pollution & Treatment ControlsSnapshot 2026-11-05
QuarterlyIQ Insights · SCWO
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
[/TABLE] [TABLE] 1 [/TABLE] Financial Position and Outlook During the first half of 2026, 374Water continued to focus on strengthening its financial position while advancing the commercialization of…
Stated in 2 of 2 supplied quarters. Management reported: “Revenue for the second quarter of 2026 was $2.26 million, compared with approximately $0.6 million in the second quarter of 2025, representing an increase of approximately 280% quarter-over-quarter, driven by the completion project milestones, most notable the Orange County Sanitation District (“OC San”) Factory Acceptance Test, and associated revenues.” Revenue was $2.262 million in 2026-Q2.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated weak grew net income 53% of the time over the next year (vs 59% for the rest of the cohort, n=6983).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“[/TABLE] [TABLE] 1 [/TABLE] Financial Position and Outlook During the first half of 2026, 374Water continued to focus on strengthening its financial position while advancing the commercialization of…”
“Building the Platform for Waste Destruction Services 374Water is scaling its recurring revenue platform to better serve municipal, federal, and industrial markets, with AirSCWO positioned as the end-…”
The Company has also taken action to reduce its operating costs by approximately $3.2 million on an annualized basis, while prioritizing capital toward commercial deployments and revenue-generating o…
Stated in 2 of 2 supplied quarters. Management reported: “The Company has also taken action to reduce its operating costs by approximately $3.2 million on an annualized basis, while prioritizing capital toward commercial deployments and revenue-generating opportunities.” “Overhead Reduction and Cash Burn: Cash used in operating activities was $(2,508,341) vs. $(3,494,477) in Q1 2025, a 28% improvement in operating cash efficiency.” Operating cash flow was $-2.508 million in 2026-Q1.
“The Company has also taken action to reduce its operating costs by approximately $3.2 million on an annualized basis, while prioritizing capital toward commercial deployments and revenue-generating o…”
“Since its leadership transition in March 2026, the Company has taken decisive actions to improve operational efficiency, streamline overhead, and focus resources on near-term commercial opportunities.”
Gross profit for the quarter was $1.98 million, representing a gross margin of 87%, compared with a gross deficit of approximately $0.3 million and a negative gross margin in the second quarter of 20…
Stated in 2 of 2 supplied quarters. Management reported: “Gross profit for the quarter was $1.98 million, representing a gross margin of 87%, compared with a gross deficit of approximately $0.3 million and a negative gross margin in the second quarter of 2025.” “The Company’s Waste Destruction Services (“WDS”) platform continued to scale, with gross margins expanding 38 percentage points year-over-year, and contracted deployments advancing across multiple market segments.” Gross profit was $1.983 million in 2026-Q2.
“Gross profit for the quarter was $1.98 million, representing a gross margin of 87%, compared with a gross deficit of approximately $0.3 million and a negative gross margin in the second quarter of 20…”
“The Company’s Waste Destruction Services (“WDS”) platform continued to scale, with gross margins expanding 38 percentage points year-over-year, and contracted deployments advancing across multiple ma…”
|| · | Executed a strategic collaboration agreement with Arcadis , bringing together 374Water’s destruction technology with one of the world’s leading environmental engineering and consulting organiz…
Stated in 2 of 2 supplied quarters. Management reported: “|| · | Executed a strategic collaboration agreement with Arcadis , bringing together 374Water’s destruction technology with one of the world’s leading environmental engineering and consulting organizations to jointly execute commercial and government opportunities.” “Department of Defense PFAS Destruction Program: 374Water’s AirSCWO technology has achieved independently validated destruction and removal efficiency of greater than 99.9% across multiple PFAS-impacted waste streams through the U.S. Defense Innovation Unit (“DIU”) and Environmental Security Technology Certification Program (“ESTCP”) initiative.”
“|| · | Executed a strategic collaboration agreement with Arcadis , bringing together 374Water’s destruction technology with one of the world’s leading environmental engineering and consulting organiz…”
“Department of Defense PFAS Destruction Program: 374Water’s AirSCWO technology has achieved independently validated destruction and removal efficiency of greater than 99.9% across multiple PFAS-impact…”
Continue executing municipal contracts, build infrastructure, and establish partnerships to accelerate market penetration and revenue growth.
Over the trailing year it converted 0.86x of net income into operating cash flow.
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
26 material management or governance events in the past 24 months, led by executive changes. Historically, Industrials names rated volatile grew net income 52% of the time over the next year (vs 59% for the rest of the cohort, n=6547).
Not investment advice. As of 2026-11-05.