FUEL TECH, INC. (FTEK)
About FUEL TECH, INC.
Fuel Tech Inc is a technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources. The Fuel Chem technology segment uses chemical processes in combination with Computational Fluid Dynamics and Chemical Kinetics Modeling for boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.
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Financial summary
- Revenue FY2025
- $26.7M
- Net income
- -$2.3M
- Total assets
- $47.2M
- Market cap
- $42.4M
- Gross margin
- 46.4%
- Operating margin
- -13.8%
- Net margin
- -8.7%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $26.7M
- Cost of revenue
- $14.3M
- Gross profit
- $12.4M
- Operating expenses
- $16.1M
- Operating income
- -$3.7M
- Income tax
- $15.0K
- Net income
- -$2.3M
- EPS (basic)
- $-0.08
- EPS (diluted)
- $-0.08
Balance sheet
- Total assets
- $47.2M
- Current assets
- $31.9M
- Total liabilities
- $7.2M
- Current liabilities
- $6.3M
- Shareholders’ equity
- $39.9M
Cash flow
- Operating cash flow
- $3.0M
- Investing cash flow
- $545.0K
- Financing cash flow
- -$222.0K
- Net cash flow
- $3.4M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $42.4M
- EPS (diluted)
- $-0.08
- Shares outstanding
- 27.5M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Sep 7, 1993
Fuel Tech, Inc. (FTEK) Stock Price
- Reported a net loss of $2.3M in FY2025.
- Revenue grew 10% from FY2021 to FY2025.
- Gross margin of 46.4%, net margin -8.7%.
- Trading 58% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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Fuel Tech, Inc.: frequently asked questions
Is Fuel Tech, Inc. an American company?
Fuel Tech, Inc. is a US-based company headquartered in Warrenville, Illinois, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Fuel Tech, Inc. headquartered?
Fuel Tech, Inc. is headquartered in Warrenville, Illinois, United States.
Is Fuel Tech, Inc. publicly traded?
Yes — Fuel Tech, Inc. is a publicly traded company. Its stock trades under the ticker symbol FTEK on the NASDAQ.
What does Fuel Tech, Inc. do?
Fuel Tech, Inc. is an American Machinery & Equipment company in the Manufacturing & Industrial sector.