374Water Q2 revenue more than triples year over year - SCWO News | Rallies374Water Q2 revenue more than triples year over year
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SCWO• Outlook
- Company expects recurring growth driven by new contracts, facility expansion, and strategic partnerships
- 374Water anticipates additional invoicing of $2.6 mln under the OC San contract as milestones are met
- Management sees opportunity to expand St. Cloud pilot and grow recurring revenue at Orlando hub
Overview
- US cleantech environmental services firm's preliminary Q2 2026 revenue more than tripled yr/yr
- Preliminary first half revenue more than doubled yr/yr, surpassing $2.8 mln
- Company attributes growth to new contracts, Orlando hub expansion, and OC San milestone
Key Details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|
| Q2 Revenue | | $2.20 mln | |
Result Drivers
- OC SAN MILESTONE - Completion of Factory Acceptance Test for Orange County Sanitation District enabled recognition of contract revenue
- ORLANDO HUB EXPANSION - Expanded Orlando Waste Destruction Services facility increased capacity for PFAS-contaminated waste and recurring revenue potential
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