374Water Inc.
374Water Inc. (Nasdaq: SCWO) develops AirSCWO systems that use supercritical water oxidation to destroy and mineralize organic waste, including sewage sludge, biosolids, food waste, industrial wastes and PFAS-contaminated materials. The process produces water, minerals, vent gas and recoverable heat, and the company… From the company’s description.
Over the twelve months to Jun 30, 2026, 374Water Inc. reported revenue of $1.89M, up 53.5% from a year earlier, and a net loss of $19.96M. Operations used $9.00M in cash. In fiscal 2025, it reported revenue of $0.22M, down 51.7% from fiscal 2024, and a net loss of $20.98M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What 374Water Inc. does
In the company’s own words
374Water Inc. (Nasdaq: SCWO) develops AirSCWO systems that use supercritical water oxidation to destroy and mineralize organic waste, including sewage sludge, biosolids, food waste, industrial wastes and PFAS-contaminated materials. The process produces water, minerals, vent gas and recoverable heat, and the company serves municipal, federal and industrial customers. Its offerings include mobile and modular systems, equipment for pretreatment and post-treatment, waste destruction services, laboratory testing, and system operations, maintenance and training. The company generates business through equipment sales, service contracts and partnerships, including waste destruction operations at a municipal wastewater facility and collaborations with permitted treatment, storage and disposal facilities. Its AirSCWO applications include liquid and slurry waste streams such as firefighting foam, landfill leachate, spent filtration media, solvents and oily sludge. In fiscal 2025, 374Water employed 48 full-time employees and operated two modular AirSCWO systems, one at its Orlando service hub. The company adopted its current name in 2021 following a merger with privately held 374Water; it was previously known as PowerVerde. Its website is www.374water.com.
Company details
- Sector
- Information Technology
- Industry (SIC)
- Electronic Equipment
- Headquarters
- DURHAM, NC
- Fiscal year end
- December
- CIK
- 933972
- SIC
- 3621
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns 374Water Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · 374Water Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do 374Water Inc. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of 374Water Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in 374Water Inc.'s last four quarterly filings that the numbers alone won't show?”
