Fuel Tech, Inc.

Fuel Tech, Inc.

FTEKยทNASDAQ

$1.63

+1.2%
IndustrialsIndustrial - Pollution & Treatment Controls

Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. It operates through two segments, Air Pollution Control Technology and FUEL CHEM Technology. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide (NOx) emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources by low and ultra-low NOx burners; over-fire air systems; NOxOUT and HERT selective non-catalytic reduction systems; selective catalytic reduction systems comprising ammonia injection grid, and graduated straightening grid systems; I-NOx systems; ESP Processes and Services; ULTRA technology; and flue gas conditioning systems; and burner systems. The FUEL CHEM Technology segment provides programs to improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units by controlling slagging, fouling, corrosion, opacity, and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide through the addition of chemicals into the furnace using TIFI targeted in-furnace injection technology. This segment offers its FUEL CHEM program for plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, and university and district heating markets; and the owners of boilers, furnaces, and other combustion units. The company was incorporated in 1987 and is headquartered in Warrenville, Illinois.

At a Glance

Live Snapshot
Market Cap$50.79M
EPS-0.0751
P/E Ratio-20.77
Earnings Date05/05/2026
3Y-1.0%
5Y+18.0%
10Y-52.0%
3Y+61.0%
5Y-46.0%
10Y-87.0%
3Y-173.0%
5Y-211.0%
10Y-210.0%
Fuel Tech, Inc.

Fuel Tech, Inc. Profit Bridge

FTEK ยท NASDAQ
Revenue26.68M
Cost of Goods Sold (14.29M)
Gross Profit12.38M
Operating Expenses (16.06M)
Operating Income-3.68M
Interest Expense (0.00)
Other Income/Expense1.37M
Pretax Income-2.31M
Income Tax (15.00K)
Net Income-2.32M
Net Income
-2.32M

Profitability Analysis

Gross Margin

46.4%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

-13.8%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-8.7%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Fuel Tech, Inc. Income Statement

FTEK โ€ข NASDAQ

Fuel Tech, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
26.7M
25.1M
27.1M
26.9M
24.3M
22.6M
30.5M
56.5M
45.2M
55.2M
73.7M
79M
109.3M
97.6M
93.7M
81.8M
71.4M
81.1M
80.3M
75.1M
GROSS PROFIT
(14.3M)
(14.5M)
(15.4M)
(15.3M)
(12.4M)
(11.9M)
(19.6M)
(36.5M)
(27.1M)
(36.4M)
(45.1M)
(43.9M)
(62.5M)
(56.9M)
(49.9M)
(46.8M)
(42.4M)
(44.3M)
(42.5M)
(38.4M)
12.4M
10.6M
11.7M
11.6M
11.9M
10.6M
10.8M
20.1M
18M
18.8M
28.6M
35.1M
46.8M
40.7M
43.8M
35M
29M
36.7M
37.8M
36.7M
OPERATING INCOME
(16.1M)
(15.3M)
(14.3M)
(13.2M)
(13.4M)
(15M)
(18.3M)
(19.6M)
(22M)
(30.1M)
(35.4M)
(36.9M)
(38.8M)
(35.5M)
(34.2M)
(31M)
(32M)
(30.1M)
(27.1M)
(26M)
(14.1M)
(13.8M)
(12.8M)
(12.3M)
(12.1M)
(13.6M)
(17.2M)
(18.6M)
(20.9M)
(25.6M)
(31.1M)
(35.4M)
(36.4M)
(32.7M)
(33.4M)
(30.9M)
(32.3M)
(28M)
(25M)
(23.9M)
(2M)
(1.6M)
(1.5M)
(895K)
(1.3M)
(1.2M)
(1.1M)
(1.1M)
(1.1M)
(4.6M)
(4.3M)
(1.5M)
(2.4M)
(2.9M)
(1.5M)
(948K)
(542K)
(2.1M)
(2.1M)
(2.1M)
-3.7M
-4.7M
-2.7M
-1.5M
-1.5M
-4.3M
-7.5M
110K
-7.1M
-14.8M
-8.3M
-25.2M
8M
5.2M
9.6M
3.9M
-3.1M
6.6M
10.7M
10.7M
PRE-TAX INCOME
(0.0)
(0.0)
(21K)
(17K)
(19K)
(4K)
(0.0)
(0.0)
(0.0)
(0.0)
(27K)
(125K)
(56K)
(93K)
(148K)
(143K)
(120K)
(135K)
(24K)
(0.0)
1.4M
1.3M
1.3M
185K
-13K
-4K
41K
6K
10K
25K
-6K
-96K
2K
-15K
-113K
-132K
-88K
606K
1.6M
1M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(197K)
-8K
(2K)
-60K
(0.0)
(0.0)
(0.0)
-137K
-107K
-758K
-768K
-781K
(0.0)
(0.0)
(0.0)
1.4M
2.8M
1.2M
139K
1.6M
115K
403K
8K
-50K
-3.7M
-366K
-640K
-135K
-122K
-392K
-251K
-329K
770K
1.7M
1M
-2.3M
-1.9M
-1.5M
-1.4M
68K
-4.2M
-7.8M
118K
-7.1M
-15.7M
-8.6M
-25.8M
7.9M
5.1M
9.3M
3.7M
-3.4M
7M
12.4M
11.8M
NET INCOME
(15K)
(77K)
(69K)
(54K)
(14K)
(57K)
(14K)
(33K)
-46K
(1.7M)
(3.8M)
-8.1M
(2.8M)
(2.3M)
(3.1M)
(1.9M)
-1.1M
(3.4M)
(5.2M)
(4.9M)
-2.3M
-1.9M
-1.5M
-1.4M
54K
-4.3M
-7.9M
-28K
-11M
-17.4M
-12.4M
-17.7M
5.1M
2.8M
6.1M
1.8M
-2.3M
3.6M
7.2M
6.8M

SEC Filings

FTEK - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

April 13, 2026
June 04, 2026
2026
8-K

8-K 2026

N/A

March 27, 2026
March 24, 2026
2026
8-K

8-K 2026

N/A

March 03, 2026
March 03, 2026
2026
10-K

10-K 2025 FY

FY

March 03, 2026
December 31, 2025
2025
8-K

8-K 2025

N/A

December 12, 2025
December 11, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 04, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
8-K

8-K 2025

N/A

August 05, 2025
August 05, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 05, 2025
June 30, 2025
2025
8-K

8-K 2025

N/A

June 10, 2025
June 05, 2025
2025
Showing 1 to 10 of 340 filings