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. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FUEL CHEM [Member] | $17.77M | $13.89M | $13.60M | $16.34M | $17.37M | $13.99M | $16.39M | – | – | – | 66.6% | +27.9% |
| Air Pollution Control [Member] | $8.91M | $11.24M | $13.48M | $10.60M | $6.90M | $8.56M | $14.08M | – | – | – | 33.4% | -20.8% |
| Other Operating Segment [Member] | $0 | $0 | $0 | $0 | $0 | $0 | – | – | – | – | 0.0% | – |
| Air Pollution Control Segment | – | – | – | – | – | – | $14.08M | $38.42M | $27.81M | $34.05M | – | – |
| FUEL CHEM Segment | – | – | – | – | – | – | $16.39M | $18.12M | $17.36M | $21.11M | – | – |
| Other | – | – | – | – | – | – | $0 | $0 | $0 | $0 | – | – |
| Fuel Conversion Segment | – | – | – | – | – | – | – | – | – | $0 | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FUEL CHEM [Member] | $8.57M | $6.43M | $6.58M | $7.97M | $8.53M | $6.66M | $8.00M | – | – | – | +33.2% |
| Air Pollution Control [Member] | $3.82M | $4.19M | $5.07M | $3.67M | $3.37M | $3.97M | $2.20M | – | – | – | -9.0% |
| Other Operating Segment [Member] | -$16.06M | -$15.33M | -$14.31M | -$13.17M | -$13.39M | -$14.97M | -$18.45M | – | – | – | +4.8% |
| Air Pollution Control Segment | – | – | – | – | – | – | $2.20M | $11.04M | $9.27M | $8.15M | – |
| FUEL CHEM Segment | – | – | – | – | – | – | $8.00M | $9.03M | $8.63M | $9.22M | – |
| Other | – | – | – | – | – | – | -$18.45M | -$19.95M | -$24.97M | -$29.39M | – |
| Fuel Conversion Segment | – | – | – | – | – | – | – | – | – | -$2.80M | – |
By product or service
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $21.02M | $17.80M | $21.40M | $20.31M | $19.52M | $18.62M | $25.88M | $43.89M | $29.51M | $42.55M | 78.8% | +18.1% |
| Non-US [Member] | $5.66M | $7.33M | $5.68M | $6.63M | $4.75M | $3.93M | $4.59M | $12.65M | $15.66M | $12.62M | 21.2% | -22.9% |
| Pacific Rim and Other Geographical Areas [Member] | $2.39M | $1.69M | $2.39M | – | – | – | – | – | – | – | 9.0% | +41.4% |
| Europe [Member] | $2.24M | $2.15M | $2.56M | $2.89M | $1.89M | $1.66M | $2.32M | $6.26M | $6.21M | $4.46M | 8.4% | +4.3% |
| Americas [Member] | $707.00K | $924.00K | $577.00K | $213.00K | $356.00K | – | – | – | – | – | 2.7% | -23.5% |
| South Africa | $318.00K | $2.57M | $163.00K | – | – | – | – | – | – | – | 1.2% | -87.6% |
| China | $0 | $0 | $2.00K | $3.00K | $22.00K | $25.00K | $329.00K | $3.00K | $8.00K | – | 0.0% | – |
| Foreign Tax Jurisdiction [Member] | – | – | – | – | – | – | – | – | $15.66M | $12.62M | – | – |
| Asia [Member] | – | – | $2.38M | $3.53M | $2.50M | $1.72M | $1.49M | $5.10M | $7.33M | $5.22M | – | – |
| Latin America | – | – | – | – | – | – | $777.00K | $1.29M | $2.12M | $2.93M | – | – |
| Americas, Excluding United States [Member] | – | – | – | – | $356.00K | $549.00K | $777.00K | – | – | – | – | – |
From the segment and revenue-disaggregation notes of Fuel Tech's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.