374Water (SCWO) Operating Income (2010 - 2025)
374Water (SCWO) posted quarterly Operating Income of -$8.4 million for Q4 2025, down 72.74% year-over-year from -$30.7 million in Q4 2024, and down 91.78% quarter-over-quarter from -$4.4 million in Q3 2025.
374Water (SCWO) Operating Income (2010 - 2025) Analysis & Trends
374Water (SCWO) has reported Operating Income for 16 consecutive years, with -$8.4 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Income fell 72.74% year-over-year to -$8.4 million; the TTM figure through Dec 2025 stood at -$21.1 million (down 65.17% YoY), while the FY2025 annual figure was -$21.1 million, down 65.17% from the prior year.
- Operating Income eased to -$8.4 million in Q4 2025 per SCWO's latest filing, from -$4.4 million in the prior quarter.
- Across five years, Operating Income topped out at -$66551.0 in Q1 2021 and bottomed at -$8.4 million in Q4 2025.
- Historically, Operating Income has averaged -$2.5 million across 5 years, with a median of -$1.9 million in 2021.
- Annual changes were most pronounced in 2021 — Operating Income plunged 85656.22% — and 2022, when it jumped 35.19%.
- 374Water's Operating Income stood at -$672440.0 in 2021, then sank by 160.92% to -$1.8 million in 2022, then slumped by 88.81% to -$3.3 million in 2023, then sank by 46.14% to -$4.8 million in 2024, then tumbled by 72.74% to -$8.4 million in 2025.
- Business Quant data shows SCWO's Operating Income at -$8.4 million in Q4 2025, -$4.4 million in Q3 2025, and -$4.6 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.35 Bn | 22.23 Bn | 902.00 Mn | 315.00 Mn |
| 2 | Zurn Elkay Water Solutions | 8.16 Bn | 7.80 Bn | 288.30 Mn | 152.30 Mn |
| 3 | Federal Signal | 7.42 Bn | 7.35 Bn | 203.80 Mn | 118.20 Mn |
| 4 | Ceco Environmental | 3.17 Bn | 3.11 Bn | 86.47 Mn | -33.18 Mn |
| 5 | PureCycle Technologies | 1.24 Bn | 1.24 Bn | - | -41.33 Mn |
| 6 | Aduro Clean Technologies | 521.85 Mn | 493.18 Mn | - | - |
| 7 | Energy Recovery | 398.07 Mn | 305.01 Mn | 8.96 Mn | -5.88 Mn |
| 8 | Arq | 94.31 Mn | 93.40 Mn | 11.51 Mn | -68,000.00 |
| 9 | Fuel Tech | 43.03 Mn | 23.42 Mn | 2.68 Mn | -1.57 Mn |
| 10 | 374Water | 32.19 Mn | 32.19 Mn | 1.98 Mn | -1.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -8.36 Mn |
| Sep 30, 2025 | -4.36 Mn |
| Jun 30, 2025 | -4.64 Mn |
| Mar 31, 2025 | -3.79 Mn |
| Dec 31, 2024 | -4.84 Mn |
| Sep 30, 2024 | -2.74 Mn |
| Jun 30, 2024 | -3.02 Mn |
| Mar 31, 2024 | -2.20 Mn |
| Dec 31, 2023 | -3.31 Mn |
| Sep 30, 2023 | -1.88 Mn |
| Jun 30, 2023 | -1.77 Mn |
| Mar 31, 2023 | -1.68 Mn |
| Dec 31, 2022 | -1.75 Mn |
| Sep 30, 2022 | -912,988.00 |
| Jun 30, 2022 | -1.21 Mn |
| Mar 31, 2022 | -873,705.00 |
| Dec 31, 2021 | -672,440.00 |
| Sep 30, 2021 | -552,387.00 |
| Jun 30, 2021 | -1.87 Mn |
| Mar 31, 2021 | -66,551.00 |