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374Water Inc. (SCWO) Fundamental Analysis & AI Grade 2026

SCWO Nasdaq Motors & Generators DE CIK: 0000933972
Recently Updated • Analysis: May 23, 2026 • SEC Data: 2026-03-31
Combined AI Grade
D
88% Confidence
N/A
D
88% Conf
Pending
Analysis scheduled

📊 SCWO Key Takeaways

Revenue: $551.2K
Net Margin: -829.5%
Free Cash Flow: $-2.9M
Current Ratio: 1.42x
Debt/Equity: 0.03x
EPS: $-0.26
AI Grade: D with 88% confidence
374Water Inc. (SCWO) receives a D fundamental grade with 88% confidence from our AI analysis based on SEC 10-K filings. With revenue of $551.2K, net profit margin of -829.5%, and return on equity (ROE) of -124.9%, 374Water Inc. demonstrates mixed fundamentals in the Market sector. Below is our complete SCWO stock analysis for 2026.

Is 374Water Inc. (SCWO) a Good Investment?

Claude

374Water is in acute financial distress with only $551K in annual revenue while burning $2.5M in operating cash flow, leaving less than 3 months of cash runway at current burn rates. Despite healthy gross margins (63.2%), the company faces existential liquidity risk without immediate capital infusion or dramatic revenue acceleration.

374Water Inc. Key Strengths (SCWO)

Claude
  • + Healthy gross margin of 63.2% suggests underlying product economics may be viable at scale
  • + Minimal leverage with debt-to-equity of 0.03x provides financial flexibility for restructuring
  • + Current ratio of 1.42x indicates short-term solvency is not immediately compromised

SCWO Stock Risks: 374Water Inc. Investment Risks

Claude
  • ! Severe revenue collapse of -51.7% YoY indicates deteriorating market traction or failed product-market fit
  • ! Operating cash burn of $2.5M annually against $447.5K cash position creates imminent funding crisis risk
  • ! Negative operating and net margins of -834% and -829% respectively with no clear path to profitability
  • ! Free cash flow of -$2.9M coupled with minimal equity cushion ($3.7M) threatens solvency within 12-18 months
  • ! Operating cash flow negative across the business indicates core operations cannot sustain the company

Key Metrics to Watch

Claude
  • * Quarterly revenue growth trajectory - must stabilize decline immediately
  • * Cash position and runway calculation - critical for assessing bankruptcy risk timeline
  • * Capital raises and financing activities - necessary for survival but dilutes existing shareholders
  • * Operating cash flow improvement - company must reach cash flow breakeven to avoid insolvency

374Water Inc. (SCWO) Financial Metrics & Key Ratios

Revenue
$551.2K
Net Income
$-4.6M
EPS (Diluted)
$-0.26
Free Cash Flow
$-2.9M
Total Assets
$11.0M
Cash Position
$447.5K

💡 AI Analyst Insight

374Water Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

SCWO Profit Margin, ROE & Profitability Analysis

Gross Margin 63.2%
Operating Margin -834.3%
Net Margin -829.5%
ROE -124.9%
ROA -41.5%
FCF Margin -517.9%

SCWO vs Market Sector: How 374Water Inc. Compares

How 374Water Inc. compares to Market sector averages

Net Margin
SCWO -829.5%
vs
Sector Avg 12.0%
SCWO Sector
ROE
SCWO -124.9%
vs
Sector Avg 15.0%
SCWO Sector
Current Ratio
SCWO 1.4x
vs
Sector Avg 1.8x
SCWO Sector
Debt/Equity
SCWO 0.0x
vs
Sector Avg 0.7x
SCWO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is 374Water Inc. Stock Overvalued? SCWO Valuation Analysis 2026

Based on fundamental analysis, 374Water Inc. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
-124.9%
Sector avg: 15%
Net Profit Margin
-829.5%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.03x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

374Water Inc. Balance Sheet: SCWO Debt, Cash & Liquidity

Current Ratio
1.42x
Quick Ratio
0.93x
Debt/Equity
0.03x
Debt/Assets
66.8%
Interest Coverage
-50.77x
Long-term Debt
$97.9K

SCWO Revenue & Earnings Growth: 5-Year Financial Trend

SCWO 5-year financial data: Year 2021: Revenue $86.6K, Net Income $40.3K, EPS N/A. Year 2022: Revenue $3.0M, Net Income -$3.2M, EPS N/A. Year 2023: Revenue $3.0M, Net Income -$4.7M, EPS N/A. Year 2024: Revenue $744.0K, Net Income -$8.1M, EPS $-0.06. Year 2025: Revenue $445.4K, Net Income -$12.4M, EPS $-0.92.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: 374Water Inc.'s revenue has grown significantly by 415% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.92 indicates the company is currently unprofitable.

SCWO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-517.9%
Free cash flow / Revenue

SCWO Quarterly Earnings & Performance

Quarterly financial performance data for 374Water Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $270.7K -$2.0M $0.02
Q2 2025 $270.7K -$2.0M $-0.02

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

374Water Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$2.5M
Cash generated from operations
Stock Buybacks
$300.0K
Shares repurchased (TTM)
Capital Expenditures
$345.9K
Investment in assets
Dividends
None
No dividend program

SCWO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for 374Water Inc. (CIK: 0000933972)

📋 Recent SEC Filings

Date Form Document Action
May 14, 2026 8-K scwo_8k.htm View →
May 14, 2026 10-Q scwo_10q.htm View →
May 1, 2026 8-K scwo_8k.htm View →
Apr 30, 2026 10-K/A scwo_10ka.htm View →
Apr 30, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about SCWO

What is the AI rating for SCWO?

374Water Inc. (SCWO) has an AI grade of D with 88% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SCWO's key strengths?

Claude: Healthy gross margin of 63.2% suggests underlying product economics may be viable at scale. Minimal leverage with debt-to-equity of 0.03x provides financial flexibility for restructuring.

What are the risks of investing in SCWO?

Claude: Severe revenue collapse of -51.7% YoY indicates deteriorating market traction or failed product-market fit. Operating cash burn of $2.5M annually against $447.5K cash position creates imminent funding crisis risk.

What is SCWO's revenue and growth?

374Water Inc. reported revenue of $551.2K.

Does SCWO pay dividends?

374Water Inc. does not currently pay dividends.

Where can I find SCWO SEC filings?

Official SEC filings for 374Water Inc. (CIK: 0000933972) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SCWO's EPS?

374Water Inc. has a diluted EPS of $-0.26.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is SCWO's fundamental grade?

Based on our AI fundamental analysis in May 2026, 374Water Inc. has a D grade with 88% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is SCWO stock overvalued or undervalued?

Valuation metrics for SCWO: ROE of -124.9% (sector avg: 15%), net margin of -829.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is SCWO's AI grade for 2026?

Our dual AI analysis gives 374Water Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SCWO's free cash flow?

374Water Inc.'s operating cash flow is $-2.5M, with capital expenditures of $345.9K. FCF margin is -517.9%.

How does SCWO compare to other Market stocks?

Vs Default sector averages: Net margin -829.5% (avg: 12%), ROE -124.9% (avg: 15%), current ratio 1.42 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 23, 2026 | Data as of: 2026-03-31 | Powered by Claude AI