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FUEL TECH, INC.

$1.35 -0.74% NASDAQ: FTEK · 15-min delayed
  • WARRENVILLE, Illinois
  • Public · NASDAQ: FTEK
  • 77 employees
$42.4MMarket cap
$26.7MRevenue · FY2025
-$2.3MNet income
77Employees
FTEKNASDAQ
1993IPO

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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Reported figures

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

Multi-year

Revenue & profit trend

Revenue Net income
FY 2025

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)

NASDAQ: FTEK
$1.35 -0.74%

15-minute delayed · data by Polygon.io

Past year

$0.94 $3.63

52-week range

Market cap
$42.4M
EPS (diluted)
$-0.08
Shares outstanding
31.4M
Open
Day range
Prev close
Volume
IPO date
Sep 7, 1993

Market data by Polygon.io · prices are 15-minute delayed

Auto-generated

At a glance

  • 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 63% 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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