The cleantech firm reported a 276.7% year-over-year revenue jump while reducing cash burn in the first half of 2026.
374Water reported a Q2 GAAP loss of $0.15 per share on revenue of $2.26 million, up 276.7% from the same period last year. The company’s cash used in operations fell to $2.3 million for the six months ended June 30, 2026, from $7.6 million in the prior-year period.
Revenue growth outpaced the sector average, though the firm remains unprofitable. Cash burn improvements suggest tighter cost controls amid ongoing expansion efforts. Comparable 2025 figures showed deeper losses and higher operational cash outflows.
No immediate market reaction was disclosed in the release.