374Water (SCWO) Operating Expenses (2010 - 2026)
374Water (SCWO) posted Operating Expenses of $3.6 million for Q2 2026, down 17.4% from $4.36 million a year earlier.
Powered by 
Analysis
374Water (SCWO) Operating Expenses (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at 374Water was $18.48 million, up 21.0% year-over-year; for FY2025, it was $18.8 million, up 58.1% from FY2024.
- Annual Operating Expenses has increased for four consecutive years, with a five-year compound annual growth rate of 195.1% (FY2020 to FY2025).
- In prior years, 374Water's Operating Expenses was $11.89 million in FY2024 (+57.8%), $7.53 million in FY2023 (+48.0%), $5.09 million in FY2022 (+58.4%) and $3.21 million in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Operating Expenses since Q3 2024.
- On a year-over-year basis, Operating Expenses increased in six of the last seven quarters, with growth averaging 55.1%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2021, with growth of 852.7%; the weakest was Q2 2022, with a decline of 28.9%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.88 Bn | 69.66 Bn | 1.95 Bn | 1.14 Bn |
| 2 | Veralto | 23.60 Bn | 16.25 Bn | 902.00 Mn | 587.00 Mn |
| 3 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn | 573.00 Mn |
| 4 | Badger Meter | 3.65 Bn | 2.92 Bn | 90.77 Mn | 51.40 Mn |
| 5 | Ceco Environmental | 3.06 Bn | 2.89 Bn | 86.47 Mn | 109.35 Mn |
| 6 | NWPX Infrastructure | 986.65 Mn | 948.13 Mn | 34.36 Mn | 13.21 Mn |
| 7 | Energy Recovery | 345.43 Mn | 20.59 Mn | 8.96 Mn | 14.84 Mn |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 | 9.81 Mn |
| 9 | AirJoule Technologies | 289.72 Mn | 169.35 Mn | - | 5.04 Mn |
| 10 | 374Water | 38.49 Mn | 38.49 Mn | 1.98 Mn | 3.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.60 Mn |
| 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 |
API Access
374Water Operating Expenses 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=operating-expenses&ticker=SCWO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=SCWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();