374Water (SCWO) Gross Margin (2010 - 2026)
374Water (SCWO) recorded Gross Margin of 87.66% in Q2 2026, up 134.11 percentage points from -46.45% a year earlier.
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Analysis
374Water (SCWO) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, 374Water's Gross Margin came in at -26.20% as of Jun 30, 2026, up 34.06 percentage points year-over-year; for FY2025, it came in at -1093.48%, down 888.58 percentage points from FY2024.
- Annual Gross Margin has declined for four straight years, with a five-year change of -1177.03 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at -204.90% in FY2024 (-55.93 pp), -148.97% in FY2023 (-160.13 pp), 11.16% in FY2022 (-88.84 pp) and 100.00% in FY2021 (+16.45 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q4 2021.
- On a year-over-year basis, Gross Margin rose in three of the last five quarters, with an average year-over-year change of +321.80 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 1401.83 percentage points in Q3 2024, against a drop of 1365.82 percentage points in Q3 2023 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn | 44.07% |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn | 41.22% |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn | 61.19% |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn | 40.83% |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn | 30.34% |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn | 21.54% |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn | 74.67% |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 | -2.45% |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - | - |
| 10 | 374Water | 38.62 Mn | 38.62 Mn | 1.98 Mn | 87.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 87.66% |
| Sep 30, 2025 | 27.96% |
| Jun 30, 2025 | -46.45% |
| Mar 31, 2025 | 25.46% |
| Dec 31, 2024 | -5,423.84% |
| Sep 30, 2024 | 47.96% |
| Jun 30, 2024 | -18.26% |
| Mar 31, 2024 | -95.79% |
| Sep 30, 2023 | -1,353.86% |
| Jun 30, 2023 | 9.24% |
| Mar 31, 2023 | 10.15% |
| Dec 31, 2022 | 9.24% |
| Sep 30, 2022 | 11.96% |
| Jun 30, 2022 | 12.42% |
| Mar 31, 2022 | 9.24% |
| Dec 31, 2021 | 100.00% |
| Sep 30, 2021 | 100.00% |
| Jun 30, 2021 | 100.00% |
| Dec 31, 2020 | 73.53% |
| Sep 30, 2020 | 100.00% |
API Access
374Water Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SCWO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SCWO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SCWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();