FTEKNasdaqIndustrial & Commercial Fans & Blowers & Air Purifing EquipFiscal year ends December 31

FUEL TECH, INC.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026

$1.37−0.03 (-2.14%)

Close on Oct 19, 2026

Market cap: $42.72M
P/E (TTM): –
Dividend yield: –

FUEL TECH, INC. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31
Revenue	27	25	27	27	24	23	30	57	45	55	74	79	109	98	94	82	71
Cost of Revenue	14	15	15	15	12	12	20	36	27	36	45	44	63	57	50	47	42
Gross Profit	12	11	12	12	12	11	11	20	18	19	29	35	47	41	44	35	29
Research & Development	2.01	1.56	1.51	0.90	1.33	1.18	1.13	1.07	1.07	1.75	1.45	1.46	2.44	2.86	1.47	0.95	0.54
Selling, General & Admin	14	14	13	12	12	14	17	19	21	26	31	35	36	33	33	31	32
Operating Expenses	–	–	–	–	–	–	–	–	–	–	–	–	–	–	84	78	74
Total Costs & Expenses	30	30	30	28	26	27	39	56	52	67	79	104	101	92	84	78	–
Operating Income	-3.68	-4.70	-2.66	-1.53	-1.49	-4.34	-8.24	0.11	-7.07	-12	-5.43	-25	8.00	5.20	9.65	3.94	-3.08
Interest Expense	–	0	0.02	0.02	0.02	0.00	–	–	0	0	0.03	0.13	0.06	0.09	0.15	0.14	0.12
Interest & Investment Income	1.42	1.25	1.30	0.20	0.01	–	0.04	0.01	0.01	0.03	0.02	0.03	0.06	0.08	0.04	0.01	0.03
Other Non-Operating Income	-0.04	1.59	-0.09	-0.05	1.57	0.12	-0.01	0.00	-0.06	-0.93	-0.36	-0.54	-0.14	-0.11	-0.28	-0.12	-0.24
Merger & Restructuring Charges	0	0	0	0	0	0	0.63	0	0.12	1.43	0.22	0	–	–	–	–	–
Asset Impairment Charges	0	0	0	0	0	0.20	0.13	0.32	2.97	2.07	1.43	23	0	0	–	–	–
Gain (Loss) on Sale of Assets	0.00	0	-0.01	0	-0.05	0.01	0.00	-0.14	-0.30	-0.06	0.03	0	0	0.07	-0.06	-0.02	-0.09
Pretax Income	-2.31	-1.87	-1.47	-1.39	0.07	-4.22	-7.84	0.12	-7.12	-13	-5.80	-26	7.87	5.08	9.26	3.69	-3.41
Income Tax Expense	0.02	0.08	0.07	0.05	0.01	0.06	0.01	0.03	-0.58	1.66	3.76	-8.08	2.76	2.30	3.11	1.93	-1.10
Income from Continuing Operations	–	–	–	–	–	-4.28	-7.85	0.09	-6.54	-15	-9.55	–	–	–	–	–	–
Income from Discontinued Operations	–	–	–	–	–	–	0.00	-0.11	-3.91	-2.80	-2.83	–	–	–	–	–	–
Net Income	-2.32	-1.94	-1.54	-1.44	0.05	-4.28	-7.85	-0.03	-10	-17	-12	-18	5.10	2.78	6.15	1.75	-2.31
EPS (Basic)(per share)	-0.08	-0.06	-0.05	-0.05	0.00	-0.17	-0.32	0.00	-0.44	-0.01	-0.54	-0.78	0.23	0.12	0.26	0.07	-0.10
EPS (Diluted)(per share)	-0.08	-0.06	-0.05	-0.05	0.00	-0.17	-0.32	0.00	-0.44	-0.74	-0.54	-0.78	0.23	0.12	0.25	0.07	-0.10
Shares Outstanding (Basic, Weighted)(shares)	31	31	30	30	30	25	24	24	24	23	23	23	22	23	24	24	24
Shares Outstanding (Diluted, Weighted)(shares)	31	31	30	30	30	25	24	24	24	23	23	23	23	24	25	24	24

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 44.7%
Operating margin: -16.8%
Net margin: -12.7%
Return on equity, FY2025: -5.7%

Financial strength

Current ratio: 5.10
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 155.3%

Valuation

P/E ratio: –
Price to sales: 1.56
Price to book: 1.14
Dividend yield: –