NASDAQ:SCWO
374Water Inc.
374Water Inc.'s revenue fell 51.7% in fiscal 2025 to $215,037 while operating margin fell to −9834.2%, its lowest in 10 years. Free cash flow was −$16.2M, −7544.9% of revenue, and the diluted share count rose 13.2%.Summary generated from 374Water Inc.'s SEC filings. Latest annual report filed Mar 31, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$215,037
Revenue growth−51.7%
Revenue, 5-yr CAGR+20.0%
Gross margin−1093.5%
Operating margin−9834.2%
Net margin−9754.2%
ROICn/a
Return on equity−189.0%
Debt / equityn/a
Free cash flow−$16.2M
FCF margin−7544.9%
Share count change+13.2%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 0 | 3 | 1 | 0 | 0 |
| Operating income | −3 | −5 | −9 | −13 | −21 |
| Net income | −3 | −5 | −8 | −12 | −21 |
| Free cash flow | −2 | −5 | −9 | −11 | −16 |
Recent filings
- 8-KAmendment to articles or bylaws
Sep 30, 2026 - DEF 14AProxy statement
Aug 25, 2026 - 8-KResults of operations and financial condition
Aug 18, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 14, 2026 - 8-KResults of operations and financial condition
Aug 11, 2026 - 4Insider transaction report
Jul 8, 2026 - 8-KDirector or officer change
Jul 8, 2026 - 4Insider transaction report
Jun 15, 2026