Waste treatment firm 374Water posts wider Q3 net loss on higher operational costs

374Water

12/11/2025 21:15

Overview

374Water Q3 revenue rises to $0.8 mln, driven by higher service revenues

Company reports Q3 net loss of $4.3 mln due to increased operational costs

374Water secures $7 mln ATM facility, extends cash runway into Q2 2026

Outlook

Company expects 2025 full-year revenues of approximately $4 mln

Company projects 2026 revenue to be in the $6-8 mln range

Result Drivers

SERVICE REVENUES - Increase in Q3 revenue primarily due to completion of waste destruction service projects

PFAS DESTRUCTION PROJECTS - Successful completion of PFAS destruction projects at Clean Earth and Colorado School of Mines

COLLABORATION AGREEMENT - Signed agreement with Crystal Clean to scale waste destruction services

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$800,000
Q3 Net Income
-$4.3 mln
Q3 Operating Expenses
$4.6 mln


Press Release: ID:nGNXbMNDCw

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)