Filing Flows › 374Water (SCWO) › Q2 2026 › vs Q1 2026
374Water (SCWO) Q2 2026 vs Q1 2026 (quarter over quarter)
374Water's revenue rose $1.7M (+310%) from $551K in Q1 2026 to $2.3M in Q2 2026.
374Water, Q2 2026: revenue $2.3M (+280% year over year), operating margin -71.7%, net loss $2.7M, operating cash flow $211K. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.3M | $551K | $1.7M | +310% |
| Net loss | $2.7M | $4.6M | −$1.9M | -41% |
| Costs & expenses | $5.0M | $5.1M | −$191K | -4% |
| Operating costs | $3.9M | $5.1M | −$1.3M | -25% |
| Interest & other, net | $1.1M | −$27K | $1.1M | — |
| Cost of revenue | $279K | $203K | $76K | +38% |
| Research & development | $285K | $450K | −$165K | -37% |
| General & admin | $1.3M | $1.4M | −$104K | -7% |
| Other operating costs | $2.0M | $3.1M | −$1.1M | -35% |
| Operating cash sources | $2.9M | $2.1M | $844K | +41% |
| Depreciation & amortization | $230K | $209K | $20K | +10% |
| Share-based compensation | $610K | $1.3M | −$718K | -54% |
| Working capital & other | $2.1M | $527K | $1.5M | +293% |
| Net loss absorbed | $2.7M | $4.6M | −$1.9M | -41% |
| Operating cash flow | $211K | −$2.5M | $2.7M | — |
| Capital expenditures | $907K | $346K | $562K | +162% |
| Negative free cash flow (OCF − capex) | $697K | $2.9M | −$2.2M | -76% |
Questions
How much did 374Water's revenue grow quarter over quarter in Q2 2026?
374Water's revenue rose $1.7M (+310%) from $551K in Q1 2026 to $2.3M in Q2 2026.