Quarterly UpdatesAug 11, 2026, 04:24 PM
374Water Preliminary Q2 Revenue Exceeds $2.2M; Advances Deployments
AI Summary
374Water Inc. reported preliminary second quarter 2026 revenue exceeding $2.2 million, significantly up from $0.6 million in the prior year, and preliminary first half revenue of approximately $2.8 million. The company highlighted key business advancements including the successful completion of the Factory Acceptance Test for the Orange County Sanitation District, securing a $4.8 million order from Olathe, KS, and expanding its Orlando Waste Destruction Services hub. Additionally, 374Water announced a strategic MOU with Arcadis for federal PFAS destruction and made leadership changes with a new CFO and Board appointment.
Key Highlights
- Preliminary Q2 2026 revenue exceeded $2.2M, up from $0.6M in Q2 2025.
- Preliminary first half 2026 revenue was approximately $2.8M, up from $1.1M in H1 2025.
- Completed Orange County Sanitation District (OC San) Factory Acceptance Test, activating $2.6M in remaining billings and $1.1M in remaining revenue recognition.
- Received a $4.8M order from Olathe, KS.
- Deployed an AirSCWO mobile system to St. Cloud, MN for a $600,000 pilot project.
- Expanded the Waste Destruction Services (WDS) facility in Orlando, FL, adding 88,000 gallons of waste storage capacity.
- Executed a Memorandum of Understanding (MOU) with Arcadis for federal PFAS destruction opportunities.
- Appointed Charles Weiser as Chief Financial Officer and Richard Davis to the Board of Directors.
Price Impact
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