374Water Inc.
374Water Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 0 | 3 | 1 | 2 | 7 | 11 | 2 | 5 | 8 | 10 | 13 | 15 | |||||
Accounts Receivable Net Current | 2 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Assets Current | |||||||||||||||||
Assets Current | 5 | 6 | 6 | 8 | 12 | 15 | 6 | 9 | 13 | 15 | 17 | 18 | |||||
Other Receivables Net Current | 0 | 0 | - | - | - | 0 | - | - | - | - | - | - | |||||
Unbilled Receivables Current | - | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | |||||
Common Stock Share Subscribed But Unissued Subscri… | - | - | 0 | 0 | - | - | - | - | - | - | - | - | |||||
Accounts And Other Receivables Net Current | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | |||||
Other Receivables | - | - | - | - | - | - | - | - | - | 0 | - | - | |||||
Inventory Net | 2 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 3 | 2 | 2 | 2 | |||||
Contract With Customer Asset Net Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | - | - | |||||
Prepaid Expense Current | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | |||||
Investments | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | |||||
Property Plant And Equipment Net | 4 | 4 | 3 | 3 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Finite Lived Intangible Assets Net | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | - | |||||
Operating Lease Right Of Use Asset | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | - | - | |||||
Other Assets | - | - | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | - | - | |||||
Assets Noncurrent | |||||||||||||||||
Assets Noncurrent | 6 | 6 | 5 | 5 | 4 | 4 | 4 | 3 | 1 | 1 | 1 | 1 | |||||
Intangible Assets Current | - | - | - | - | - | 1 | - | 1 | 1 | 1 | 1 | 1 | |||||
Other Intangible Assets Net | - | - | - | - | - | - | - | - | - | 1 | - | - | |||||
Other Assets Noncurrent | 0 | 0 | - | - | - | 0 | - | - | - | - | - | - | |||||
Finance Lease Right Of Use Asset | - | - | - | - | - | 1 | - | - | - | 0 | - | - | |||||
Assets | 11 | 11 | 11 | 12 | 16 | 19 | 10 | 12 | 15 | 16 | 18 | 19 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Accounts Payable And Accrued Liabilities Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | |||||
Accrued Bonuses Current | 0 | 0 | 0 | 0 | 0 | 1 | - | - | - | - | - | - | |||||
Accrued Liabilities Current | - | - | - | - | - | 1 | - | - | - | 0 | - | - | |||||
Provision For Loss On Contracts | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | |||||
Accrued Professional Fees Current | - | - | - | - | - | - | - | - | - | 1 | - | - | |||||
Liabilities Current | |||||||||||||||||
Liabilities Current | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | |||||
Settlement Liabilities Current | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |||||
Accrued Sales Commission Current | - | - | - | - | - | 0 | 0 | - | - | 0 | - | - | |||||
Deferred Revenue Current | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 | - | 0 | 0 | |||||
Notes Payable | - | - | 0 | 0 | - | - | - | - | - | - | - | - | |||||
Notes Payable Current | 0 | 0 | - | - | - | 0 | - | - | - | - | - | - | |||||
Contract With Customer Liability Current | - | - | - | - | - | 0 | 0 | - | - | 0 | - | - | |||||
Other Liabilities | - | - | - | - | - | - | - | - | - | 0 | - | - | |||||
Secured Debt Current | 0 | 1 | - | - | - | 0 | - | - | - | - | - | - | |||||
Finance Lease Liability Current | 0 | 0 | - | - | - | 0 | - | - | - | - | - | - | |||||
Operating Lease Liability Current | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | 0 | - | - | |||||
Other Liabilities Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Deferred Revenue Noncurrent | 2 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |||||
Liabilities Noncurrent | |||||||||||||||||
Liabilities Noncurrent | 4 | 0 | 1 | 1 | - | 1 | - | - | - | 0 | - | - | |||||
Convertible Debt Noncurrent | 1 | - | - | - | - | - | - | - | - | - | - | - | |||||
Long Term Notes Payable | 0 | 0 | 1 | - | - | 0 | - | - | - | - | - | - | |||||
Finance Lease Liability | - | - | 0 | - | - | - | - | - | - | - | - | - | |||||
Operating Lease Liability Noncurrent | 1 | 0 | 0 | 0 | 1 | 1 | - | - | - | 0 | - | - | |||||
Liabilities | 7 | 5 | 5 | 3 | 3 | 4 | - | 2 | 2 | 1 | 1 | 1 | |||||
Commitments And Contingen… | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 58 | 57 | 47 | 46 | 45 | 44 | 32 | 32 | 31 | 31 | 30 | 30 | |||||
Retained Earnings Accumulated Deficit | -55 | -50 | -41 | -37 | -32 | -28 | -24 | -21 | -18 | -16 | -13 | -11 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | |||||
Stockholders Equity | 4 | 7 | 6 | 9 | 13 | 15 | 8 | 11 | 13 | 15 | 17 | 19 | |||||
Liabilities And Stockholders Equity | 11 | 11 | 11 | 12 | 16 | 19 | 10 | 12 | 15 | 16 | 18 | 19 | |||||
Common Stock Shares Authorized | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Issued | 140 | 137 | - | - | 145 | 127 | 133 | 133 | 133 | 133 | 133 | 131 | |||||
Allowance For Doubtful Accounts Receivable | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | |||||
Shares Outstanding | 157 | 154 | 154 | 146 | 145 | 127 | 133 | 133 | 133 | 133 | 133 | 131 | |||||
Preferred Stock Shares Authorized | 500 | 500 | 500 | 500 | 500 | 500 | 500 | - | 500 | 500 | 500 | 500 | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | 0 | 0 | 0 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.68% | -13.10% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 42.86% | -25.00% | -32.14% | 50.00% | 19.23% | 46.15% | -25.00% | -31.11% | -13.61% | 4.58% | -14.44% | -20.77% |
| 2024 | -13.67% | -17.27% | -20.86% | 13.59% | 29.13% | 40.78% | -29.20% | -48.91% | -62.04% | -23.53% | -8.82% | 5.88% |
| 2023 | - | - | - | -19.90% | -38.31% | -25.37% | -17.99% | 2.16% | -11.51% | - | - | - |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.42 | 1.40 | 1.44 | 2.61 | 4.07 | 4.76 | 3.81 | 5.73 | 8.17 | 10.85 | 29.81 | 35.45 | |||||
| Quick Ratio | 0.80 | 0.95 | 0.90 | 1.88 | 3.29 | 4.08 | 2.56 | 4.51 | 6.01 | 8.77 | 25.69 | 31.56 | |||||
| Working Capital | 1.52M | 1.67M | 1.90M | 4.64M | 8.73M | 11.76M | 4.48M | 7.27M | 11.72M | 13.53M | 16.28M | 17.82M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 2.01 | 0.70 | 0.75 | 0.39 | 0.27 | 0.24 | 0.19 | 0.14 | 0.13 | 0.09 | 0.03 | 0.03 | |||||
| Debt Ratio | 0.67 | 0.41 | 0.43 | 0.28 | 0.21 | 0.19 | 0.16 | 0.13 | 0.11 | 0.09 | 0.03 | 0.03 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.02 | 0.01 | 0.18 | 0.10 | 0.04 | 0.03 | 0.02 | 0.02 | 0.02 | 0.06 | 0.11 | 0.16 | |||||
| Days Sales Outstanding TTM | 2,045.22 | 796.61 | 89.07 | 136.53 | 48.37 | 137.06 | 177.62 | 55.90 | 78.24 | 31.79 | 3.70 | 2.50 | |||||
| Receivables Turnover TTM | 0.18 | 0.46 | 4.10 | 2.67 | 7.55 | 2.66 | 2.05 | 6.53 | 4.67 | 11.48 | 98.60 | 146.24 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.14 | -0.14 | -0.11 | -0.11 | -0.11 | -0.09 | -0.08 | -0.07 | -0.06 | -0.06 | -0.05 | -0.05 | |||||
| Free Cash Flow Per Share TTM | -0.10 | -0.11 | -0.10 | -0.10 | -0.09 | -0.09 | -0.07 | -0.07 | -0.06 | -0.07 | -0.07 | -0.07 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | -959.81% | -1,093.48% | -29.76% | -60.26% | -70.17% | -204.90% | -413.29% | -614.11% | -578.65% | -148.97% | -0.46% | 10.50% | |||||
| Operating Profit Margin TTM | -9,843.40% | -9,834.15% | -922.63% | -1,299.84% | -2,136.98% | -2,874.26% | -3,591.52% | -4,255.91% | -3,555.66% | -1,161.75% | -428.68% | -238.59% | |||||
| Net Profit Margin TTM | -9,793.39% | -9,754.16% | -911.01% | -1,279.52% | -2,095.46% | -2,791.39% | -3,421.07% | -3,991.90% | -3,292.69% | -1,089.25% | -406.16% | -229.95% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -66.86% | -51.73% | 508.52% | 403.17% | 161.19% | -40.12% | -81.00% | -90.45% | -92.73% | -75.33% | -26.25% | 91.67% | |||||
| Net Income Growth (1Y) | 54.86% | 68.69% | 62.05% | 61.28% | 66.22% | 53.44% | 60.00% | 65.76% | 55.52% | 72.78% | 82.81% | 78.01% | |||||
| EPS Growth (1Y) | 60.08% | 56.42% | 39.89% | 46.36% | 52.42% | 60.07% | 59.40% | 62.95% | 51.03% | 72.78% | 74.56% | 72.57% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -18.19 | -13.34 | -25.71 | -29.75 | -34.87 | -69.55 | -168.63 | -163.28 | -196.95 | -232.48 | -245.08 | -529.92 | |||||
| P/B TTM | 108.62 | 41.60 | 68.86 | 52.57 | 39.11 | 55.88 | 213.94 | 149.38 | 129.48 | 127.74 | 94.19 | 164.54 | |||||
| P/S TTM | 1,781.77 | 1,301.11 | 234.18 | 380.65 | 730.65 | 1,941.36 | 5,769.07 | 6,518.15 | 6,484.99 | 2,532.25 | 995.41 | 1,218.54 | |||||
| Market Cap | 397.50M | 279.79M | 447.36M | 468.74M | 491.92M | 864.77M | 1.81B | 1.60B | 1.67B | 1.88B | 1.65B | 3.12B | |||||
| Enterprise Value | 397.81M | 277.42M | 447.03M | 466.60M | 485.04M | 854.12M | 1.81B | 1.59B | 1.66B | 1.87B | 1.63B | 3.11B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -14.46M | -15.39M | -14.84M | -14.40M | -12.43M | -11.15M | -9.96M | -9.24M | -8.47M | -9.14M | -9.12M | -8.95M | |||||
| Net Debt | 316.97K | -2.37M | -325.98K | -2.14M | -6.88M | -10.65M | -1.96M | -5.08M | -7.94M | -10.45M | -12.80M | -14.60M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
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| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
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| EV EBITDA TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
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| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
374Water Inc. (SCWO) — SEC Financial Statements & Analysis
374Water Inc. (SCWO) is a motors & generators company, incorporated in DE. 374Water Inc. trades on SCWO: Nasdaq as: SCWO. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), 374Water Inc. reported a -66.86% year-over-year revenue growth, a Gross Profit Margin of -959.81% (TTM), a Debt-to-Equity ratio of 2.01x, a Price-to-Sales (P/S) ratio of 1781.77x (TTM), a Price-to-Book (P/B) ratio of 108.62 (TTM), at a market cap of $397.50M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -66.86%
- Gross Profit Margin TTM
- -959.81%
- Debt To Equity
- 2.01x
- P/S TTM
- 1781.77x
- P/B TTM
- 108.62
- Market Cap
- $397.50M
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is 374Water Inc. in?
374Water Inc. (SCWO) operates in the Motors & Generators industry.
What is SCWO's market cap?
374Water Inc. (SCWO) has a market capitalization of $397.50M as of 2026-03-31.
What exchange does SCWO trade on?
374Water Inc. (SCWO) trades on the SCWO: Nasdaq.
Where is 374Water Inc. incorporated?
374Water Inc. is incorporated in DE.