Aug. 18 at 6:37 PM
374Water Inc. (NASDAQ:
$SCWO ) reported second quarter 2026 revenue of
$2.26 million, compared with approximately
$0.6 million a year earlier, an increase of approximately 280%. The increase came from completed project milestones, most notably the Orange County Sanitation District (OC San) Factory Acceptance Test for its AirSCWO system.
374Water Inc. is a B2i Digital Featured Company. See the company’s in-depth profile at: https://b2idigital.com/374water-inc-1
Milestones in California, Minnesota and Kansas set the second half schedule:
• Gross profit for the quarter was
$1.98 million, a gross margin of 87%
• Completion of the Factory Acceptance Test lets the company begin invoicing the remaining
$2.6 million of the OC San contract as further milestones are achieved, with delivery to Orange County scheduled for October
• St. Cloud, Minnesota, approximately
$600,000, is expected to wrap up in September, and the contracted
$4.8 million Olathe, Kansas deployment is preparing for launch
• AirSCWO achieved greater than 99.9% PFAS destruction in U.S. Department of Defense testing
On the quarter, “The second quarter marked an important achievement for 374Water, driven by our successful completion of the OC San Factory Acceptance Test, which enabled us to recognize approximately
$2.0 million in revenue and demonstrate meaningful commercial progress,” said Danny Bogar, Chief Executive Officer of 374Water.
Read the full release: https://finance.yahoo.com/markets/stocks/articles/374water-reports-second-quarter-2026-120000057.html
374Water Inc. (NASDAQ: SCWO) is a cleantech and environmental services company deploying supercritical water oxidation technology for the destruction of organic waste streams within the industrial, municipal, and federal markets. 374Water’s AirSCWO technology is designed to efficiently destroy and mineralize a broad spectrum of nonhazardous and hazardous organic wastes, producing safe dischargeable water streams, safe mineral effluent, safe vent gas, and recoverable heat energy. Learn more at https://www.374water.com.
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David Shapiro, Chief Executive Officer of B2i Digital, personally purchased in the open market and currently owns shares of unrestricted SCWO stock, in line with B2i Digital’s practice of investing alongside its Featured Companies. B2i Digital is not a broker-dealer or investment adviser. This post is informational and not an offer or solicitation regarding any security. See the complete Disclosure at https://b2idigital.com/disclaimer.
