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
DateValue
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