Latest revenue
$551.2K
as of 2026-03-31
Latest net income
$-4.6M
as of 2026-03-31
Net margin
-829.5%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $42.5M
- Enterprise value
- $42.5M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $3.60
- 52-wk low
- $0.16
- Beta
- —
- Shares out
- 17.5M
5-year trend
What this company does
ITEM 1. BUSINESS. Overview 374Water Inc. (the “Company”, “374Water”, “We”, or “Our”) is a cleantech and environmental services company developing supercritical water oxidation technology (“SCWO”) for the destruction of organic waste streams within the municipal, federal, and industrial markets. 374Water offers our proprietary AirSCWO technology, which is designed to destroy and mineralize a broad spectrum of non-hazardous and hazardous organic wastes producing safe dischargeable water streams, safe mineral effluent, safe vent gas, and recoverable heat energy. Importantly, our AirSCWO system is designed to eliminate recalcitrant organic wastes without creating waste byproducts, as well as to…
AI summary unavailable — showing raw filing excerpt
Generated from SCWO's filing dated 2026-03-31
Key risks
ITEM 1A. RISK FACTORS. You should carefully consider the following risks. These risks could materially affect our business, results of operations or financial condition, cause the trading price of our common stock to decline materially or cause our actual results to differ materially from those expected or those expressed in any forward-looking statements made by us or on our behalf. These risks are not exclusive, and additional risks to which we are subject include, but are not limited to, the factors mentioned under “Cautionary Note Regarding Forward-Looking Statements” and the risks of our businesses described elsewhere in this Report for the year ended December 31, 2025. SUMMARY RISK…
AI summary unavailable — showing raw filing excerpt
Generated from SCWO's filing dated 2026-03-31
Profitability
Gross margin
-1093.5%
433.7%Operating margin
-9834.2%
242.1%Net margin
-9754.2%
249.4%Return on equity
-311.9%
288.2%Return on assets
-183.9%
183.7%Leverage
Debt / equity
0.70×
190.4%Long-term debt / equity
0.01×
Debt / assets
41.0%
112.3%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $551.2K | +1.5% | $-4.6M | -23.6% | -829.5% |
Q4 2025 2025-12-31 | $-1.7M | -14299.1% | $-8.3M | -74.8% | — |
Q3 2025 2025-09-30 | $760.4K | +833.1% | $-4.3M | -61.0% | -571.9% |
Q2 2025 2025-06-30 | $595.0K | +1515.8% | $-4.6M | -56.2% | -769.9% |
Q1 2025 2025-03-31 | $543.1K | +72.3% | $-3.7M | -82.7% | -681.0% |
Q4 2024 2024-12-31 | $11.9K | — | $-4.8M | — | -40279.3% |
Q3 2024 2024-09-30 | $81.5K | +563.1% | $-2.7M | -56.0% | -3315.5% |
Q2 2024 2024-06-30 | $36.8K | -26.2% | $-2.9M | -77.7% | -7963.7% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Motors & Generators · SIC 3621
Your notes
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Insider activity
Insider buying
$221.5K
Insider selling
$2.0M
Net activity
−$1.7M
Distinct insiders
6
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns SCWO
Institutional value
$3.1M
Total shares held
1.1M
Distinct holders
28
-16 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 322.8K | $916.7K | — | New |
| 2 | HAMILTON LANE ADVISORS LLC | 160.2K | $455.0K | +0 (+0.0%) | No change |
| 3 | D.A. DAVIDSON & CO. | 135.5K | $384.8K | +26.2K (+24.0%) | Added |
| 4 | Icon Wealth Advisors, LLC | 108.4K | $261.1K | +0 (+0.0%) | No change |
| 5 | BlackRock, Inc. | 79.3K | $225.2K | -3 (-0.0%) | Trimmed |
| 6 | Sigma Planning Corp | 52.4K | $148.7K | +7.0K (+15.4%) | Added |
| 7 | VANGUARD FIDUCIARY TRUST CO | 48.5K | $137.6K | — | New |
| 8 | UBS Group AG | 33.8K | $96.1K | +20.2K (+147.9%) | Added |
| 9 | Trinity Legacy Partners, LLC | 23.2K | $76.4K | -6 (-0.0%) | Trimmed |
| 10 | Uncommon Cents Investing LLC | 18.2K | $51.7K | +0 (+0.0%) | No change |
| 11 | Mariner, LLC | 18.1K | $51.3K | +0 (+0.0%) | No change |
| 12 | Prospera Financial Services Inc | 17.5K | $49.7K | — | New |
| 13 | QUADRANT CAPITAL GROUP LLC | 420 | $49.6K | +210 (+100.0%) | Added |
| 14 | PATRON PARTNERS, LLC | 15.0K | $42.6K | +1.0K (+7.1%) | Added |
| 15 | Westend Capital Management, LLC | 13.0K | $36.9K | — | New |
| 16 | TFO Wealth Partners, LLC | 11.9K | $33.7K | +0 (+0.0%) | No change |
| 17 | Compass Ion Advisors, LLC | 10.2K | $28.9K | +0 (+0.0%) | No change |
| 18 | MATRIX ASSET ADVISORS INC/NY | 10.0K | $28.4K | +0 (+0.0%) | No change |
| 19 | Avalon Trust Co | 4.3K | $12.2K | +0 (+0.0%) | No change |
| 20 | Vanguard Global Advisers, LLC | 2.0K | $5.6K | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once SCWO's latest filing finishes processing.