374Water Q2 revenue up 280% to $2.26M; gross margin 87% vs -46%

374Water Inc.

2026-Q2 EPS reported $0.41 revenue$2,813,195

Q2 revenue $2.26M, up ~280% YoY from $0.6M; six-month revenue $2.8M vs $1.1M.
Gross profit $1.98M (87% margin) vs gross deficit ~$0.3M in Q2 2025; net loss $2.7M ($0.15/sh) vs $4.6M ($0.32/sh).
Completed OC San Factory Acceptance Test, unlocking $2.6M contract value; delivery to Orange County scheduled for October.
Cut operating costs by ~$3.2M annualized; cash $1.8M; cash used in ops -$2.3M vs -$7.6M in H1 2025.
Achieved >99.9% PFAS destruction in DoD testing; Arcadis collaboration and DIU 'Golden Ticket' for AFFF stockpiles.

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