Filing Flows › 374Water (SCWO) › Q2 2026 › vs Q2 2025
374Water (SCWO) Q2 2026 vs Q2 2025 (year over year)
374Water's revenue rose $1.7M (+280%) from $595K in Q2 2025 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 Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $2.3M | $595K | $1.7M | +280% |
| Net loss | $2.7M | $4.6M | −$1.9M | -41% |
| Costs & expenses | $5.0M | $5.2M | −$275K | -5% |
| Operating costs | $3.9M | $5.2M | −$1.3M | -26% |
| Interest & other, net | $1.1M | −$58K | $1.1M | — |
| Cost of revenue | $279K | $871K | −$592K | -68% |
| Research & development | $285K | $531K | −$247K | -46% |
| General & admin | $1.3M | $1.2M | $153K | +13% |
| Other operating costs | $2.0M | $2.6M | −$663K | -25% |
| Operating cash sources | $2.9M | $454K | $2.5M | +541% |
| Depreciation & amortization | $230K | $185K | $44K | +24% |
| Share-based compensation | $610K | $549K | $61K | +11% |
| Working capital & other | $2.1M | −$281K | $2.3M | — |
| Net loss absorbed | $2.7M | $4.6M | −$1.9M | -41% |
| Operating cash flow | $211K | −$4.1M | $4.3M | — |
| Capital expenditures | $907K | $16K | $892K | 59× |
| Negative free cash flow (OCF − capex) | $697K | $4.1M | −$3.4M | -83% |
Questions
How much did 374Water's revenue grow year over year in Q2 2026?
374Water's revenue rose $1.7M (+280%) from $595K in Q2 2025 to $2.3M in Q2 2026.