profit from every $100 of sales.
$0$100
374Water
$2.05-7.24% today
-27.3% in 1 year
1-year low $1.761-year high $3.50
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What 374Water sold, what it kept, and what it did with the cash.
Sales went from $3.02 million in 2022 to $215,037 in 2025, with -$21.0 million of profit last year.
SalesProfit
374Water vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| 374Water | No profit yet | ||
 Veralto | 30.6× · Expensive | ||
 Zurn Elkay Water Solutions | 38.2× · Expensive | ||
 CECO Environmental | 63.5× · Very expensive | ||
 Energy Recovery | 16.1× · Fair price |
AI analysis
An AI analyst reads 374Water's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 3 | 1 | 0 | 0 | |
| 0 | -1 | -1 | -2 | |
| -5 | -9 | -13 | -21 | |
| -5 | -9 | -12 | -20 | |
| -5 | -8 | -12 | -21 | |
| -0.40 | -0.60 | -0.90 | -1.38 | |
| 11.2% | -149.0% | -204.9% | -1,093.5% | |
| -157.7% | -1,161.8% | -2,874.3% | -9,834.2% | |
| -155.5% | -1,089.3% | -2,791.4% | -9,754.2% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 10 | 16 | 19 | 11 |
| Cash | 4 | 10 | 11 | 3 |
| Total debt | – | 0 | 1 | 1 |
| Total liabilities | 2 | 1 | 4 | 5 |
| 8 | 15 | 15 | 7 | |
| 13 | 13 | 13 | 15 | |
| -45.5% | -46.3% | -60.9% | -208.0% | |
| -56.8% | -54.9% | -80.4% | -311.9% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -5 | -9 | -11 | -14 | |
| 0 | 0 | 1 | 2 | |
| -5 | -9 | -11 | -16 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 1 | 1 | 1 | 4 |
Valuation
- –
- –
- –
- 5.4×
- 168.9×
- –
- –
- -44.7%
- -57.7%
- 0.0%
Profitability
- -1,093.5%
- -9,834.2%
- -9,754.2%
- -9,388.8%
- -265.0%
- -95.7%
- -241.7%
- -183.9%
- -292.8%
- 1,174.0%
Growth
- −58.5%
- –
- −44.3%
- –
- +12.8%
Financial health
- -0.1×
- 0.18
- 10.7%
- –
- 1.40
- 1.05
- 0.02
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 1%of 983
Bottom 1%of 987
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 14, 2026 | -0.26 | – | – |
| Mar 31, 2026 | -0.30 | -0.10 | −200.0% |
| Nov 12, 2025 | -0.30 | -0.10 | −200.0% |
| Aug 12, 2025 | -0.03 | -0.02 | −50.0% |
| May 15, 2025 | -0.03 | -0.02 | −50.0% |
| Mar 27, 2025 | -0.03 | -0.02 | −50.0% |
| Nov 13, 2024 | -0.02 | -0.02 | +0.0% |
| Aug 14, 2024 | -0.02 | -0.02 | +0.0% |
News
374Water GAAP EPS of -$0.15, revenue of $2.26MSeeking Alpha · Aug 18, 2026The newest story we have is from Aug 18, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/6Passes 1 of 6. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
19No pass
Benjamin Graham
26No pass
Philip Fisher
32No pass
Peter Lynch
62Pass
Joel Greenblatt
–Not enough data
Charlie Munger
37No pass
Terry Smith
32No pass
Questions about 374Water
Is 374Water a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 6 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the 374Water AI analysis
What does 374Water do?
374Water, Inc. focuses on providing a technology that addresses environmental pollution challenges. It develops a waste stream treatment system based on supercritical water oxidation technology. It is in Industrial - Pollution & Treatment Controls.
Does 374Water pay a dividend?
No. 374Water does not pay a dividend at the moment.
Is 374Water stock halal?
Yes. 374Water passes our halal screen: its business is permitted and its debt is 3% of its market value, under the 30% limit. How we check
How has 374Water stock done over the past year?
Down 27.3% over the past twelve months, to $2.05. It traded between $1.76 and $3.50 and is 41.4% below its high.
Who are 374Water's competitors?
The largest listed companies in the same industry are Veralto, Zurn Elkay Water Solutions, CECO Environmental and Energy Recovery. The peers table on this page compares their profit, growth and price with 374Water's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.