Fuel Tech, Inc.
FTEK
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Fundamentals
| Market cap | $51.66M | Enterprise value | $32.59M | Trailing P/E | — | Forward P/E | -33.10 |
| PEG | 2.33 | Price / book | 1.38 | Beta | 1.28 | Dividend yield | 0.00% |
| Revenue growth | 16.7% | Earnings growth | — | Gross margin | 44.7% | Operating margin | -24.1% |
| Profit margin | -12.8% | ROE | -8.9% | ROA | -6.3% | Debt / equity | 0.01 |
| Current ratio | 5.10 | Free cash flow | -$713,750 | Analyst recommendation | none | Mean target | $4.00 |
| 52w high | $3.45 | 52w low | $1.17 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $6.5M | $6.1M | $7.2M | $7.5M | $5.6M | — |
| Op margin | -24.1% | -26.3% | -19.7% | 0.1% | -23.5% | — |
| Net income | -$1.2M | -$1.4M | -$1.2M | $0.3M | -$0.7M | — |
| Gross margin | 41.2% | 43.5% | 44.6% | 48.9% | 45.5% | — |
| Gross profit | $2.7M | $2.6M | $3.2M | $3.7M | $2.5M | — |
| Operating income | -$1.6M | -$1.6M | -$1.4M | $0.0M | -$1.3M | — |
- Revenue +7% vs prior quarter ($6.5M vs $6.1M).
- Gross margin 41.2% (was 43.5% prior quarter).
- Operating margin expanded to -24.1%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $26.7M | $25.1M | $27.1M | $26.9M | — |
| Op margin | -13.8% | -18.7% | -9.8% | -5.7% | — |
| Net income | -$2.3M | -$1.9M | -$1.5M | -$1.4M | — |
| Gross margin | 46.4% | 42.3% | 43.0% | 43.2% | — |
| Gross profit | $12.4M | $10.6M | $11.7M | $11.6M | — |
| Operating income | -$3.7M | -$4.7M | -$2.7M | -$1.5M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-09-11 · Fuel Tech Announces Air Pollution Control Contracts Valued at Approximately $2.8 Million
2026-09-09 · Fuel Tech To Present At H.C. Wainwright 28th Annual Global Investment Conference
2026-09-08 · Fuel Tech Names Sharon Jones as Board Chair
2026-09-08 · Fuel Tech, Inc. Names Sharon L. Jones Chair of the Board
2026-08-12 · Fuel Tech (FTEK) Q2 2026 Earnings Call Transcript
2026-08-05 · Fuel Tech Inc (FTEK) (Q2 2026) Earnings Call Highlights: Record Backlog and Strategic Growth ...
2026-08-05 · Fuel Tech, Inc. Q2 2026 Earnings Call Summary
2026-08-04 · Fuel Tech Reports 2026 Second Quarter Financial Results
2026-08-04 · Fuel Tech Appoints Ramesh Nuggihalli President and Chief Executive Officer
2026-08-03 · Alamo Group (ALG) Tops Q2 Earnings and Revenue Estimates
2026-07-29 · Fuel Tech Announces Air Pollution Control Contracts Valued at Approximately $2.6 Million
2026-07-21 · Fuel Tech Schedules 2026 Second Quarter Financial Results and Conference Call
Price (daily)
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