374Water (SCWO) Operating Expenses (2010 - 2025)
374Water (SCWO) recorded quarterly Operating Expenses of $5.9 million in Q4 2025, up 29.81% quarter-over-quarter from $4.6 million in Q3 2025, and up 41.42% on a YoY basis from $4.2 million in Q4 2024.
374Water (SCWO) Operating Expenses (2010 - 2025) Analysis & Trends
374Water's Operating Expenses history runs 16 years deep, the most recent figure standing at $5.9 million for Q4 2025.
- In Q4 2025, Operating Expenses rose 41.42% year-over-year to $5.9 million; the TTM figure through Dec 2025 stood at $18.8 million (up 58.07% YoY), while the FY2025 annual figure was $18.8 million, up 58.07% from the prior year.
- Operating Expenses was $5.9 million for Q4 2025 at 374Water, up from $4.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $5.9 million in Q4 2025 to a low of $66551.0 in Q1 2021.
- Historically, Operating Expenses has averaged $2.3 million across 5 years, with a median of $1.9 million in 2021.
- Biggest YoY gain for Operating Expenses was 86324.11% in 2021; the steepest drop was 30.69% in 2021.
- A 5-year view of Operating Expenses shows it stood at $686940.0 in 2021, then jumped by 166.03% to $1.8 million in 2022, then increased by 25.04% to $2.3 million in 2023, then surged by 83.72% to $4.2 million in 2024, then surged by 41.42% to $5.9 million in 2025.
- The last three Operating Expenses figures came in at $5.9 million (Q4 2025), $4.6 million (Q3 2025), and $4.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Aduro Clean Technologies | 856.39 Bn | 856.36 Bn | - | 3.04 Mn |
| 2 | Veralto | 20.76 Bn | 19.33 Bn | 854.00 Mn | 516.00 Mn |
| 3 | Zurn Elkay Water Solutions | 8.35 Bn | 8.08 Bn | 205.80 Mn | 109.10 Mn |
| 4 | Federal Signal | 7.20 Bn | 7.13 Bn | 179.40 Mn | 72.00 Mn |
| 5 | Ceco Environmental | 3.52 Bn | 3.48 Bn | 63.92 Mn | 56.37 Mn |
| 6 | PureCycle Technologies | 1.57 Bn | 1.47 Bn | - | 31.39 Mn |
| 7 | Energy Recovery | 497.64 Mn | 411.49 Mn | 2.70 Mn | 17.56 Mn |
| 8 | CleanCore Solutions | 210.18 Mn | 193.13 Mn | -419,259.00 | 18.56 Mn |
| 9 | Arq | 118.94 Mn | 114.26 Mn | 9.94 Mn | 10.92 Mn |
| 10 | 374Water | 38.06 Mn | 38.06 Mn | -2.43 Mn | 5.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.94 Mn |
| Sep 30, 2025 | 4.57 Mn |
| Jun 30, 2025 | 4.36 Mn |
| Mar 31, 2025 | 3.92 Mn |
| Dec 31, 2024 | 4.20 Mn |
| Sep 30, 2024 | 2.78 Mn |
| Jun 30, 2024 | 3.01 Mn |
| Mar 31, 2024 | 1.90 Mn |
| Dec 31, 2023 | 2.29 Mn |
| Sep 30, 2023 | 1.72 Mn |
| Jun 30, 2023 | 1.77 Mn |
| Mar 31, 2023 | 1.76 Mn |
| Dec 31, 2022 | 1.83 Mn |
| Sep 30, 2022 | 1.02 Mn |
| Jun 30, 2022 | 1.34 Mn |
| Mar 31, 2022 | 898,950.00 |
| Dec 31, 2021 | 686,940.00 |
| Sep 30, 2021 | 571,387.00 |
| Jun 30, 2021 | 1.89 Mn |
| Mar 31, 2021 | 66,551.00 |