374Water Inc.

SCWO

Annual financial statement facts and ownership filing activity are published for this company from SEC filings.

How 374Water Inc. Makes Money

Follow each dollar of revenue through to what shareholders keep.

From revenue to net income

Node heights are proportional to the reported figures; choose an annual period end to compare the flows.

Source: SEC filings (EDGAR) · annual statements through Dec 31, 2025 · latest annual filing Apr 30, 2026 · insider filings through Jun 15, 2026 · newest institutional row shown Sep 30, 2025

Annual Financial Review

Figures taken from this company's own annual financial statements filed with the SEC, shown with the filing they came from and the dates each figure covers. Source data only — not a recommendation, valuation, or analysis.

Latest annual filing

Form 10-K/A , accession 0001654954-26-004179 , filed Apr 30, 2026 , report period Dec 31, 2025 .

Revenue, income and cash flow

6 annual periods shown, with 24 observed values across 4 series. Missing and withheld values remain gaps. Positive values extend above the middle zero line; negative values extend below it.

RevenueNet incomeOperating cash flowFree cash flow
374Water Inc. annual statement facts by period end
Period ended Revenue Gross margin Operating margin Net margin Free cash flow Debt/equity EPS Book value/share
Dec 31, 2020
USD
$86.6K Withheld -13.5% (derived) 46.6% (derived) $64.8K (derived) Not available Withheld Withheld
Dec 31, 2021
USD
$48.1K 100% (derived) -6,582.1% (derived) -6,579.2% (derived) -$1.8M (derived) Not available Withheld Withheld
Dec 31, 2022
USD
$3M 11.2% (derived) -157.7% (derived) -155.5% (derived) -$5.1M (derived) Not available Withheld Withheld
Dec 31, 2023
USD
$744K -149% (derived) -1,161.8% (derived) -1,089.3% (derived) -$9.1M (derived) Not available Withheld Withheld
Dec 31, 2024
USD
$445.4K -204.9% (derived) -2,874.3% (derived) -2,791.4% (derived) -$11.1M (derived) Not available Withheld Withheld
Dec 31, 2025
USD
$215K -1,093.5% (derived) -9,834.2% (derived) -9,754.2% (derived) -$16.2M (derived) Withheld Withheld Withheld

Each period shows its own reported currency; currencies are never converted here. "(derived)" marks a calculation from other verified figures and "(est.)" an estimate. "Not available" means this dataset does not establish the value. "Withheld" means a value could not be verified against matching filing, period and unit evidence or rebuilt from verified inputs. "N/A" marks a measure that does not apply to this company's sector or financial state. A † identifies a calculation shown on its inputs' filings. Cell notes and the downloads retain the available evidence. Dates identify the periods covered; no issuer fiscal-year name is inferred from the calendar year.

What this release will not vouch for

Matching evidence is insufficient for some observations of Gross margin, EPS, Book value/share, Debt/equity. A filing link alone does not establish that a figure belongs to the displayed period. These values remain withheld until their source period, unit and calculation inputs can be verified.

Notes on withheld figures

  • Gross margin: Withheld: gross margin is calculated from gross profit, which is withheld for this period.
  • EPS: Withheld: this calculation depends on a figure without matching source evidence for its reporting period and unit. Publishing the calculation would carry that unsupported figure forward.
  • Book value/share: Withheld: this calculation depends on a figure without matching source evidence for its reporting period and unit. Publishing the calculation would carry that unsupported figure forward.
  • Debt/equity: Withheld: this calculation depends on a figure without matching source evidence for its reporting period and unit. Publishing the calculation would carry that unsupported figure forward.

Financial Visuals

Revenue, profitability, margins, reinvestment, and cash generation — annual, and quarterly where the issuer reports it.

Loading financial visuals…

Published figures are reported SEC filing data, not a live feed and not analysis. 6 annual periods are published for this company. The newest annual period ends Dec 31, 2025. The newest insider filing is dated Jun 15, 2026. Annual or insider filings after the stated dates are not reflected here. The newest institutional row shown is dated Sep 30, 2025; this bounded display does not establish complete ownership coverage.

Source-derived SEC facts and descriptive ownership activity. This is a facts release, not completed investor or committee analysis, and carries no valuation, recommendation, or price target.

Ownership

Who holds the shares, as reported in SEC ownership filings.

Reported 13F positions

Point-in-time filer reports, not a live position. This release's institutional_holding table carries no filing-type column, so 13F reported positions and 5% 13D/G disclosures are not distinguished from each other by this bridge.

Filer Report date Shares Value Filing
BNP PARIBAS FINANCIAL MARKETS 2025-09-30 4,604 1.3K USD SEC filing
ROYAL BANK OF CANADA 2025-09-30 4,812 2K USD SEC filing
Cambridge Investment Research Advisors, Inc. 2025-09-30 10,000 3 USD SEC filing
MORGAN STANLEY 2025-09-30 60,053 17.2K USD SEC filing
JANE STREET GROUP, LLC 2025-09-30 130,002 37.3K USD SEC filing
BARCLAYS PLC 2025-09-30 1 0 USD SEC filing
OSAIC HOLDINGS, INC. 2025-09-30 179,893 51.6K USD SEC filing
UBS Group AG 2025-09-30 2,839 815 USD SEC filing
Sigma Planning Corp 2025-09-30 335,893 96.4K USD SEC filing
FIFTH THIRD BANCORP 2025-09-30 18,715 5.4K USD SEC filing
VANGUARD GROUP INC 2025-09-30 3,280,889 941.6K USD SEC filing
Manhattan West Asset Management, LLC 2025-09-30 30,000 8.6K USD SEC filing
Icon Wealth Advisors, LLC 2025-09-30 1,179,112 338.3K USD SEC filing
Cresset Asset Management, LLC 2025-09-30 40,000 11.5K USD SEC filing
ENVESTNET ASSET MANAGEMENT INC 2025-09-30 20,000 5.7K USD SEC filing
GOLDMAN SACHS GROUP INC 2025-09-30 45,205 13K USD SEC filing
Virtus Wealth Solutions LLC 2025-09-30 22,067 6.3K USD SEC filing
Smartleaf Asset Management LLC 2025-09-30 3,455 1K USD SEC filing
BARCLAYS PLC 2025-09-30 1 0 USD SEC filing
RAYMOND JAMES FINANCIAL INC 2025-09-30 390,238 112K USD SEC filing

Filer report history

Two raw observations per filer, shown as reported. This release does not compute an increase/decrease between them -- see the reason below each pair.

  • Mariner, LLC: 180,880 shares reported 2025-06-30; 200,750 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Unknown filer: unknown reported 2025-06-30; unknown reported 2025-09-30. Not compared: multiple rows were reported for one period.
  • CITIGROUP INC: 1,380 shares reported 2025-06-30; 11,810 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • OneDigital Investment Advisors LLC: 40,033 shares reported 2025-06-30; 40,033 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • HAMILTON LANE ADVISORS LLC: 1,620,282 shares reported 2025-06-30; 1,620,282 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • MILLENNIUM MANAGEMENT LLC: 1,191,660 shares reported 2025-06-30; 1,084,003 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Tower Research Capital LLC (TRC): 36,004 shares reported 2025-06-30; 16,039 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • BlackRock, Inc.: 1,443,527 shares reported 2025-06-30; 792,835 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • PATRON PARTNERS, LLC: 130,000 shares reported 2025-06-30; 130,000 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Unknown filer: unknown reported 2025-06-30; unknown reported 2025-09-30. Not compared: multiple rows were reported for one period.
  • Prosperity Consulting Group, LLC: 12,500 shares reported 2025-06-30; 12,500 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Graney & King, LLC: 7,500 shares reported 2025-06-30; 7,500 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Unknown filer: unknown reported 2025-06-30; unknown reported 2025-09-30. Not compared: multiple rows were reported for one period.
  • Tanager Wealth Management LLP: 18,330 shares reported 2025-06-30; 18,330 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Qube Research & Technologies Ltd: 287,264 shares reported 2025-06-30; 93,908 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • D.A. DAVIDSON & CO.: 736,545 shares reported 2025-06-30; 1,012,894 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • CAPTRUST FINANCIAL ADVISORS: 727,288 shares reported 2025-06-30; 726,886 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • HRT FINANCIAL LP: 68,147 shares reported 2025-06-30; 15,334 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Oceanside Advisors LLC: 50,000 shares reported 2025-06-30; 50,000 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • FMR LLC: 16,348 shares reported 2025-06-30; 40 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • NORTHERN TRUST CORP: 124,128 shares reported 2025-06-30; 224,128 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Uncommon Cents Investing LLC: 180,000 shares reported 2025-06-30; 180,000 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Point72 Asia (Singapore) Pte. Ltd.: 48,630 shares reported 2025-06-30; 24,299 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • GEODE CAPITAL MANAGEMENT, LLC: 857,804 shares reported 2025-06-30; 876,462 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Compass Ion Advisors, LLC: 101,647 shares reported 2025-06-30; 101,647 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • RAYMOND JAMES FINANCIAL INC: 382,838 shares reported 2025-06-30; 390,238 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Unknown filer: unknown reported 2025-06-30; unknown reported 2025-09-30. Not compared: multiple rows were reported for one period.
  • GOLDMAN SACHS GROUP INC: 345,327 shares reported 2025-06-30; 45,205 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • ENVESTNET ASSET MANAGEMENT INC: 20,000 shares reported 2025-06-30; 20,000 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Icon Wealth Advisors, LLC: 1,171,612 shares reported 2025-06-30; 1,179,112 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Manhattan West Asset Management, LLC: 30,000 shares reported 2025-06-30; 30,000 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • VANGUARD GROUP INC: 3,203,762 shares reported 2025-06-30; 3,280,889 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • FIFTH THIRD BANCORP: 18,715 shares reported 2025-06-30; 18,715 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Unknown filer: unknown reported 2025-06-30; unknown reported 2025-09-30. Not compared: multiple rows were reported for one period.
  • JANE STREET GROUP, LLC: 86,566 shares reported 2025-06-30; 130,002 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • Cambridge Investment Research Advisors, Inc.: 10,000 shares reported 2025-06-30; 10,000 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • ROYAL BANK OF CANADA: 3,408 shares reported 2025-06-30; 4,812 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.
  • BNP PARIBAS FINANCIAL MARKETS: 7,525 shares reported 2025-06-30; 4,604 shares reported 2025-09-30. Not compared: share class, put/call, unit, and corporate-action data are not available in this release.

This release's institutional_holding table carries no share-class, put/call, unit, amendment or corporate-action-coverage fields. Two reported share counts for the same filer and security are shown side by side as raw observations only -- this bridge does not compute or label a share increase, decrease, or delta, because comparability across those missing dimensions cannot be proven from this release. 38 filer(s) had only one report on file.

Purchases & sales (open market or private)

SecurityCodeReported priceFiling
2026-06-12Meyers Brad Ian · Chief Operating OfficerCommon StockS — Open market or private sale−9,8312.33 (currency unknown)SEC filing
2026-06-11Meyers Brad Ian · Chief Operating OfficerCommon StockS — Open market or private sale−9,0002.46 (currency unknown)SEC filing
2025-12-16Russell Kline · Chief Financial OfficerCommon StockP — Open market or private purchase+20,0000.22 (currency unknown)SEC filing
2025-12-16Jones Stephen J · Interim CEOCommon StockP — Open market or private purchase+450,0000.23 (currency unknown)SEC filing
2025-10-23Nagar Yaacov · TenPercentOwnerCommon StockS — Open market or private sale−473,2110.43 (currency unknown)SEC filing
2025-10-22Nagar Yaacov · TenPercentOwnerCommon StockS — Open market or private sale−32,7910.42 (currency unknown)SEC filing
2025-10-22Nagar Yaacov · TenPercentOwnerCommon StockS — Open market or private sale−61,0000.42 (currency unknown)SEC filing
2025-10-21Nagar Yaacov · TenPercentOwnerCommon StockS — Open market or private sale−284,3940.42 (currency unknown)SEC filing

Showing 8 of 20 rows

Grants, exercises, tax & gifts

SecurityCodeFiling
2026-04-30Nagar Yaacov · TenPercentOwnerCommon StockG — Bona fide gift−1,440,000SEC filing
2025-10-09Meyers Brad Ian · Chief Operating OfficerStock options (right to buy)A — Grant, award, or other acquisition+500,000SEC filing
2025-10-09Russell Kline · Chief Financial OfficerStock options (right to buy)A — Grant, award, or other acquisition+500,000SEC filing
2025-10-09Melkote Rajesh Ramaswamy · Chief Technology OfficerStock options (right to buy)A — Grant, award, or other acquisition+500,000SEC filing
2025-10-07Jones Stephen J · Interim CEOStock options (right to buy)A — Grant, award, or other acquisition+4,500,000SEC filing
2025-08-28Vanderhider James Michael · DirectorCommon Stock (restricted stock units)A — Grant, award, or other acquisition+130,000SEC filing
2025-08-28Estes Deanna Rene · DirectorCommon Stock (restricted stock units)A — Grant, award, or other acquisition+130,000SEC filing
2025-08-28Estes Deanna Rene · DirectorCommon Stock (restricted stock units)A — Grant, award, or other acquisition+616,970SEC filing

Showing 8 of 23 rows

Other / unrecognized activity

SecurityCodeFiling
2012-10-16KONRAD GEORGE · President and TreasurerCOMMON STOCKJ — Other acquisition or disposition−3,000,000SEC filing
2012-04-30BARKER FRED · Vice President and SecretaryCOMMON STOCKJ — Other acquisition or disposition+2,515,990SEC filing
2012-04-30BARKER FRED · Vice President and SecretaryCOMMON STOCKJ — Other acquisition or disposition−600,000SEC filing
2012-04-30BARKER FRED · Vice President and SecretaryCOMMON STOCKJ — Other acquisition or disposition−1,915,990SEC filing
2011-04-07KONRAD GEORGE · President & TreasurerCOMMON STOCKJ — Other acquisition or disposition−4,500,000SEC filing
2010-12-06BARKER FRED · Vice President and SecretaryCOMMON STOCKJ — Other acquisition or disposition+900,000SEC filing
2010-08-03BARKER FRED · Vice President and SecretaryCOMMON STOCKJ — Other acquisition or disposition−900,000SEC filing
2009-11-09BARKER FRED · Vice President and SecretaryCOMMON STOCKJ — Other acquisition or disposition+2,015,990SEC filing

Showing 8 of 10 rows

Unusual-size flags

Descriptive rank within this issuer's own history -- not a prediction, and not an assertion of improper trading. Newest first. 3 flagged of 21 transactions with enough history to rank. 37 further ranked transactions, none of them flagged, are not listed here.

  • 2025-12-16 · Jones Stephen J · Common Stock : unusually large vs. this owner's own history (compared against 20 prior rows) SEC filing
  • 2025-08-25 · Pawloski James · Common Stock : unusually large vs. this owner's own history (compared against 20 prior rows) SEC filing
  • 2024-11-18 · Vanderhider James Michael · Common Stock : unusually large vs. this owner's own history (compared against 20 prior rows) SEC filing

Independent-owner clusters

  • 2025-12-16–2025-12-16: 2 event(s) across 2 owner(s) — A cluster counts independent reporting-owner units that reported purchases inside a bounded window. Co-filers and declared affiliates count once, and two reports of one economic event count once. ( filing , filing )
  • 2025-08-19–2025-08-26: 6 event(s) across 4 owner(s) — A cluster counts independent reporting-owner units that reported purchases inside a bounded window. Co-filers and declared affiliates count once, and two reports of one economic event count once. ( filing , filing , filing , filing , filing , filing )
  • 2025-08-18–2025-08-25: 6 event(s) across 3 owner(s) — A cluster counts independent reporting-owner units that reported purchases inside a bounded window. Co-filers and declared affiliates count once, and two reports of one economic event count once. ( filing , filing , filing , filing , filing , filing )
  • 2024-11-18–2024-11-18: 8 event(s) across 8 owner(s) — A cluster counts independent reporting-owner units that reported purchases inside a bounded window. Co-filers and declared affiliates count once, and two reports of one economic event count once. ( filing , filing , filing , filing , filing , filing , filing , filing )
  • 2024-11-18–2024-11-18: 8 event(s) across 8 owner(s) — A cluster counts independent reporting-owner units that reported purchases inside a bounded window. Co-filers and declared affiliates count once, and two reports of one economic event count once. ( filing , filing , filing , filing , filing , filing , filing , filing )

Ranks describe the bounded sample of rows the admitted release returned for this issuer, not the issuer's complete filing history, and are not filtered by publication availability because this release does not carry exact availability instants. This is a descriptive distribution over observed history, not a point-in-time backtested signal.

This release's insider_transaction table carries no currency column for price. Insider transaction price currency is unknown, never assumed USD, and no notional dollar value is computed from it.

Flags that the filing itself was an amendment (form ends '/A'). This release does not carry which specific row an amendment replaces -- a changed-quantity Form 4/A is not an exact-field match of the row it corrects, so it is never identified or collapsed as a duplicate of it either. Because this bridge will not guess which row an amendment replaces, an amendment row's mere presence taints its whole comparable rank group/cluster window exactly like a possible duplicate does ('withheld_possible_duplicate_in_comparable_group'); it is never silently ranked or clustered as if it were an independent, uncorrected observation.

This release provides no security or share-class identifier for insider transactions beyond a free-text security_title. Rows are grouped for ranking by an exact title-string match plus the derivative flag, which is a display-text match, not a verified share-class or security identity.

An exact match on owner/date/security/code/side/shares/price is a possible duplicate signal only, not proof of one economic event: this release carries no accession/amendment cross-reference that could establish two rows are the same transaction, and two genuinely distinct transactions can coincidentally match on every one of these fields. No row is ever collapsed, dropped, or silently counted as one 'unique economic event' -- every reported row is retained and shown. But a rank or cluster computed over a comparable group that contains a possible duplicate could double- or under-count that one event, so that group's rank/cluster result is withheld with an explicit ambiguity status ('withheld_possible_duplicate_in_comparable_group') instead of asserted as clean.

The admitted release carries date-only filing dates with no exact availability instant. ownership.insider / ownership.institutional point-in-time baseline exclusion and amendment supersession are therefore not applied here; this bridge is descriptive only.