Revenue
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
374Water Inc. (SCWO)
Price$3.32Cached quote
Net income
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2010
2011
2013
2014
2015
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $215,037 | $445,445 | $743,952 | $3.0M | $48,100 | $86,570 | $24,000 | $190,094 | $852,443 | $587,613 | $529,861 | $428,747 | $359,362 | $193,692 | $193,391 | $33,842 | — | — |
| Gross profit | −$2.4M | −$912,707 | −$1.1M | $336,501 | $48,100 | $72,329 | — | — | — | — | $529,681 | $428,747 | $359,362 | $193,692 | $56,466 | $33,842 | — | — |
| Gross margin | −1,093.48% | −204.90% | −148.97% | 11.16% | 100.00% | 83.55% | — | — | — | — | 99.97% | 100.00% | 100.00% | 100.00% | 29.20% | 100.00% | — | — |
| Research & development | $2.5M | $2.1M | $1.5M | $1.1M | $375,032 | $57,718 | $218,919 | $630,742 | $210,624 | $331,038 | $627,889 | $364,095 | $459,651 | $1.3M | $994,619 | $169,665 | — | — |
| Operating expenses | $18.8M | $11.9M | $7.5M | $5.1M | $3.2M | $83,992 | $436,429 | $870,094 | $421,115 | $649,105 | $900,170 | $865,801 | $1.3M | $4.9M | $2.6M | $368,565 | — | — |
| Operating income | −$21.1M | −$12.8M | −$8.6M | −$4.8M | −$3.2M | −$11,663 | −$412,429 | −$680,000 | $431,328 | −$61,492 | −$370,309 | −$437,054 | −$944,548 | −$4.7M | −$2.6M | −$334,723 | — | — |
| Operating margin | −9,834.15% | −2,874.26% | −1,161.75% | −157.72% | −6,582.14% | −13.47% | −1,718.45% | −357.72% | 50.60% | −10.46% | −69.89% | −101.94% | −262.84% | −2,449.30% | −1,327.31% | −989.08% | — | — |
| EBITDA | −$20.4M | −$12.6M | −$8.6M | −$4.7M | −$3.1M | −$11,663 | −$406,796 | −$660,037 | $467,774 | −$29,121 | −$293,730 | −$200,599 | −$712,890 | −$4.6M | −$2.6M | −$329,036 | — | — |
| EBITDA margin | −9,484.43% | −2,823.52% | −1,150.22% | −155.48% | −6,486.40% | −13.47% | −1,694.98% | −347.22% | 54.87% | −4.96% | −55.44% | −46.79% | −198.38% | −2,360.96% | −1,323.47% | −972.27% | — | — |
| Net income | −$21.0M | −$12.4M | −$8.1M | −$4.7M | −$3.2M | $40,337 | −$514,916 | −$679,078 | $404,353 | −$123,762 | −$426,634 | −$565,913 | −$1.1M | −$4.8M | −$2.6M | −$308,352 | −$890,980 | −$829,556 |
| Net profit margin | −9,754.16% | −2,791.39% | −1,089.25% | −155.53% | −6,579.23% | 46.59% | −2,145.48% | −357.23% | 47.43% | −21.06% | −80.52% | −131.99% | −293.56% | −2,454.95% | −1,320.36% | −911.15% | — | — |
| Basic EPSper basic share | -$1.38 | -$0.90 | -$0.06 | -$0.04 | $0.03 | -$0.01 | -$0.01 | -$0.01 | $0.01 | $0.00 | -$0.01 | -$0.01 | -$0.02 | -$0.09 | -$0.05 | -$0.01 | — | — |
| Diluted EPSper diluted share | -$1.38 | -$0.92 | -$0.06 | -$0.04 | $0.03 | -$0.01 | -$0.01 | -$0.01 | $0.01 | $0.00 | -$0.01 | -$0.01 | -$0.02 | -$0.09 | -$0.05 | -$0.01 | — | — |
Owners
Reported shareholders
≈34.37%of listed shares
Merrell Terry6.09M shares · Nov 15, 2024
View holders
| Holder | % owned |
|---|---|
Deshusses Marc | —22.65M shares |
Merrell Terry | ≈34.37%6.09M shares |
Nagar Yaacov | ≈10.00%1.77M shares |
Vanderhider James Michael | ≈8.01%1.42M shares |
DAVIS RICHARD H | ≈7.42%1.31M shares |
Jones Stephen J | ≈5.96%1.06M shares |
Russell Kline | ≈3.77%668.64K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 1.82%322.79K shares |
Mandel Peter | ≈1.49%263.58K shares |
CAPTRUST FINANCIAL ADVISORS | 1.17%206.74K shares |
Pawloski James | ≈1.09%193.3K shares |
McKnight Stephen H. | ≈1.08%191.5K shares |
HAMILTON LANE ADVISORS LLC | 0.90%160.23K shares |
D.A. DAVIDSON & CO. | 0.84%148.18K shares |
Gannon Chris M | ≈0.68%120K shares |
BlackRock, Inc. | 0.67%119.52K shares |
Icon Wealth Advisors, LLC | 0.61%108.36K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.61%107.76K shares |
Estes Deanna Rene | ≈0.60%106.5K shares |
BOGAR DANIEL T | ≈0.45%79.33K shares |
Percentages use 17.72M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 4 ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 12, 2026Form 4 | Meyers Brad IanChief Operating Officer | SellCommon Stock | 9.8K | $2.33 | $22.9K | 30.2K |
| Jun 11, 2026Form 4 | Meyers Brad IanChief Operating Officer | SellCommon Stock | 9.0K | $2.46 | $22.1K | 40.0K |
| Dec 16, 2025Form 4 | Russell KlineChief Financial Officer | BuyCommon Stock | 20.0K | $0.22 | $4.4K | 668.6K |
| Dec 16, 2025Form 4 | Jones Stephen JInterim CEO | BuyCommon Stock | 450.0K | $0.23 | $103.5K | 1.06M |
| Oct 23, 2025Form 4 | Nagar YaacovTenPercentOwner | SellCommon Stock | 473.2K | $0.43 | $203.5K | 32.11M |