374Water (SCWO) Gross Margin (2010 - 2025)
374Water (SCWO) posted quarterly Gross Margin of 144.11% for Q4 2025, up 556795.0% year-over-year from N/an in Q4 2024, and up 415.35% quarter-over-quarter from 27.96% in Q3 2025.
374Water (SCWO) Gross Margin (2010 - 2025) Analysis & Trends
374Water (SCWO) has reported Gross Margin for 10 consecutive years, with 144.11% the latest figure, recorded in 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 climbed to 144.11% in Q4 2025 per SCWO's latest filing, from 27.96% in the prior quarter.
- Across five years, Gross Margin topped out at 858.93% in Q4 2023 and bottomed at 5423.84% in Q4 2024.
- Historically, Gross Margin has averaged 287.98% across 5 years, with a median of 11.96% in 2022.
- Annual changes were most pronounced in 2024 — Gross Margin tumbled 628277 bps — and 2025, when it jumped 556795 bps.
- 374Water's Gross Margin stood at 100.0% in 2021, then sank by 91 bps to 9.24% in 2022, then surged by 9196 bps to 858.93% in 2023, then slumped by 731 bps to 5423.84% in 2024, then soared by 103 bps to 144.11% in 2025.
- Business Quant data shows SCWO's Gross Margin at 144.11% in Q4 2025, 27.96% in Q3 2025, and 46.45% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.42 Bn | 22.31 Bn | 902.00 Mn | 61.19% |
| 2 | Zurn Elkay Water Solutions | 8.18 Bn | 7.81 Bn | 288.30 Mn | 58.72% |
| 3 | Federal Signal | 7.44 Bn | 7.38 Bn | 203.80 Mn | 30.41% |
| 4 | Ceco Environmental | 3.10 Bn | 3.03 Bn | 86.47 Mn | 30.34% |
| 5 | PureCycle Technologies | 1.24 Bn | 1.24 Bn | - | - |
| 6 | Aduro Clean Technologies | 541.78 Mn | 513.12 Mn | - | - |
| 7 | Energy Recovery | 407.07 Mn | 314.02 Mn | 8.96 Mn | 74.67% |
| 8 | Arq | 95.57 Mn | 94.67 Mn | 11.51 Mn | 38.52% |
| 9 | Fuel Tech | 42.72 Mn | 23.11 Mn | 2.68 Mn | 41.25% |
| 10 | 374Water | 33.12 Mn | 33.12 Mn | 1.98 Mn | 87.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |