374Water (SCWO) Gross Margin (2010 - 2025)

374Water (SCWO) recorded quarterly Gross Margin of 144.11% in Q4 2025, up 415.35% quarter-over-quarter from 27.96% in Q3 2025, and up 556795.0% on a YoY basis from N/an in Q4 2024.

374Water (SCWO) Gross Margin (2010 - 2025) Analysis & Trends

374Water's Gross Margin history runs 10 years deep, the most recent figure standing at 144.11% for Q4 2025.

  • In Q4 2025, Gross Margin rose 556795.0% year-over-year to 144.11%; the TTM figure through Dec 2025 stood at 1093.48% (down 88858.0% YoY), while the FY2025 annual figure was 1093.48%, down 88858.0% from the prior year.
  • Gross Margin was 144.11% for Q4 2025 at 374Water, up from 27.96% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 858.93% in Q4 2023 to a low of 5423.84% in Q4 2024.
  • Historically, Gross Margin has averaged 287.98% across 5 years, with a median of 11.96% in 2022.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin plunged 628277 bps in 2024, then surged 556795 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 100.0% in 2021, then slumped by 91 bps to 9.24% in 2022, then soared by 9196 bps to 858.93% in 2023, then tumbled by 731 bps to 5423.84% in 2024, then jumped by 103 bps to 144.11% in 2025.
  • The last three Gross Margin figures came in at 144.11% (Q4 2025), 27.96% (Q3 2025), and 46.45% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Aduro Clean Technologies 856.39 Bn 856.36 Bn - -
2 Veralto 20.76 Bn 19.33 Bn 854.00 Mn 60.06%
3 Zurn Elkay Water Solutions 8.35 Bn 8.08 Bn 205.80 Mn 47.53%
4 Federal Signal 7.20 Bn 7.13 Bn 179.40 Mn 1,520.34%
5 Ceco Environmental 3.52 Bn 3.48 Bn 63.92 Mn 31.04%
6 PureCycle Technologies 1.57 Bn 1.47 Bn - -
7 Energy Recovery 497.64 Mn 411.49 Mn 2.70 Mn 27.84%
8 CleanCore Solutions 210.18 Mn 193.13 Mn -419,259.00 -77.11%
9 Arq 118.94 Mn 114.26 Mn 9.94 Mn 34.21%
10 374Water 38.06 Mn 38.06 Mn -2.43 Mn 144.11%

Historic Data

Download Data
DateValue
Dec 31, 2025 144.11%
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%
Dec 31, 2023 858.93%
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%