RKLB
Rocket Lab USA, Inc.
RKLB lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink, though they disagree widely on how much.
SCWO
374Water, Inc.
There isn't enough reported data to score SCWO yet.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
SCWO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Under pressure | |
| Unavailable |
SCWO's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
SCWO PE Valuation
SCWO has no meaningful PE right now: it lost money over the past year.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
SCWO Forward outlook
There aren't enough analyst estimates for SCWO to show an outlook.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB has the edge over SCWO on earnings, with more consistent year-over-year improvement.
SCWO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$1.26 | -$0.13 |
| Q1 2026 | -$1.41 | -$0.36 |
| Q4 2025 | -$1.45 | -$0.55 |
| Q3 2025 | -$1.22 | -$0.41 |
| Q2 2025 | -$1.13 | -$0.39 |
| Q1 2025 | -$1.05 | -$0.41 |
| Q4 2024 | -$0.90 | -$0.29 |
| Q3 2021 | $0.00 | +$0.05 |
SCWO lost $1.26 per share over the past year, a bigger loss than the year before.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB has the edge over SCWO on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB has the edge over SCWO on profitability, with a higher operating margin.
SCWO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $2.3M | +280% |
| Q1 2026 | $551.2K | +1.5% |
| Q3 2025 | $760.4K | +833% |
| Q2 2025 | $595K | +1516% |
| Q1 2025 | $543.1K | +72% |
| Q3 2024 | $81.5K | +563% |
| Q2 2024 | $36.8K | -26% |
| Q1 2024 | $315.3K | -61% |
SCWO's revenue is growing: $2M last quarter, up 280% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -72% | +708 points |
| Q1 2026 | -834% | -137 points |
| Q3 2025 | -573% | +2791 points |
| Q2 2025 | -780% | +7420 points |
| Q1 2025 | -697% | +1.2 points |
| Q4 2024 | -40833% | N/A |
| Q3 2024 | -3365% | +11952 points |
| Q2 2024 | -8199% | -4652 points |
SCWO's operating margin was −72% last quarter, up 625 points from the same quarter a year ago, near the top of its range since 2019.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has the edge over SCWO on cash flow, with more consistent year-over-year improvement.
SCWO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$696.5K | +$3.4M |
| Q1 2026 | -$2.9M | +$937.5K |
| Q4 2025 | -$4.7M | -$1.1M |
| Q3 2025 | -$3M | -$448.5K |
| Q2 2025 | -$4.1M | -$1.7M |
| Q1 2025 | -$3.8M | -$1.3M |
| Q4 2024 | -$3.6M | -$1.2M |
| Q3 2024 | -$2.6M | -$725.5K |
SCWO has burned cash in almost every quarter: −$11M over the past year, against −$14M the year before.
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has 652M diluted shares, up 23% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
SCWO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.9% | +158K shares |
| 1 year | +21% | +3.1M shares |
| 3 years | +33% | +4.3M shares |
| 5 years | +530% | +14.8M shares |
| Available history | +455% | +14.4M shares |
SCWO has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q4 2023 | — |
| Q4 2020 | — |
| Q3 2020 | $300,000 |
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
SCWO Net Leverage
SCWO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
SCWO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.7 | Neutral |
| Stochastic | 18.4 | Oversold |
SCWO's weekly RSI is 42 (neutral) and its Stochastic is 18 (oversold).
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
SCWO PE vs Industrials Sector
SCWO has no meaningful PE right now: it lost money over the past year.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB has the edge over SCWO on trend strength, trading above more of its moving averages.
SCWO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.57 | 14% below |
| 20 week MA | $2.53 | 13% below |
| 50 week MA | $2.59 | 15% below |
| 100 week MA | $3.16 | 30% below |
| 200 week MA | $10.7 | 79% below |
SCWO is in a downtrend: it's below all five of its weekly moving averages, and 79% below its 200-week average.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB's yearly returns have swung widely, from +392% in 2024 to −69% in 2022. It's down 9.3% so far in 2026.
SCWO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $0.90 | $8.80 | +878% |
| 2021 | $8.80 | $26.0 | +195% |
| 2022 | $26.0 | $29.5 | +13% |
| 2023 | $29.5 | $14.2 | -52% |
| 2024 | $14.2 | $6.79 | -52% |
| 2025 | $6.79 | $2.36 | -65% |
| 2026 YTD | $2.36 | $2.21 | -6.4% |
SCWO has the edge over RKLB on returns for 2026, with the stronger performance.