Fuel Tech, Inc. (FTEK) stock
FTEKNasdaqIndustrial & Commercial Fans & Blowers & Air Purifing EquipFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 9/3037% below fair value
$1.31−0.05 (-3.68%)
Close on Nov 13, 2026Market cap $40.89MP/E –Yield –
Fuel Tech operating margin
Operating margin is operating income as a percentage of revenue.
Fuel Tech's operating margin for the twelve months ending Jun 30, 2026 was -16.8%. For fiscal 2025 it was -13.8%, against -18.7% the year before. The highest annual figure on record is 10.3% in fiscal 2011.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | -13.8% | +4.9 |
| FY2024 | Dec 31, 2024 | -18.7% | −8.9 |
| FY2023 | Dec 31, 2023 | -9.8% | −4.1 |
| FY2022 | Dec 31, 2022 | -5.7% | +0.5 |
| FY2021 | Dec 31, 2021 | -6.1% | +13.1 |
| FY2020 | Dec 31, 2020 | -19.2% | +7.8 |
| FY2019 | Dec 31, 2019 | -27.0% | −27.2 |
| FY2018 | Dec 31, 2018 | 0.2% | +15.8 |
| FY2017 | Dec 31, 2017 | -15.6% | +6.2 |
| FY2016 | Dec 31, 2016 | -21.8% | −14.4 |
| FY2015 | Dec 31, 2015 | -7.4% | +24.5 |
| FY2014 | Dec 31, 2014 | -31.8% | −39.2 |
| FY2013 | Dec 31, 2013 | 7.3% | +2.0 |
| FY2012 | Dec 31, 2012 | 5.3% | −5.0 |
| FY2011 | Dec 31, 2011 | 10.3% | +5.5 |
| FY2010 | Dec 31, 2010 | 4.8% | +9.1 |
| FY2009 | Dec 31, 2009 | -4.3% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | -24.1% | −0.6 |
| Q1 FY2026 | Mar 31, 2026 | -26.3% | −11.3 |
| Q4 FY2025 | Dec 31, 2025 | -19.7% | +20.4 |
| Q3 FY2025 | Sep 30, 2025 | 0.1% | +2.3 |
| Q2 FY2025 | Jun 30, 2025 | -23.5% | −13.4 |
| Q1 FY2025 | Mar 31, 2025 | -14.9% | +19.2 |
| Q4 FY2024 | Dec 31, 2024 | -40.1% | −27.4 |
| Q3 FY2024 | Sep 30, 2024 | -2.3% | −3.9 |
| Q2 FY2024 | Jun 30, 2024 | -10.2% | +14.2 |
| Q1 FY2024 | Mar 31, 2024 | -34.1% | −25.1 |
| Q4 FY2023 | Dec 31, 2023 | -12.6% | −9.1 |
| Q3 FY2023 | Sep 30, 2023 | 1.7% | −0.7 |
| Q2 FY2023 | Jun 30, 2023 | -24.4% | −16.8 |
| Q1 FY2023 | Mar 31, 2023 | -9.0% | +8.7 |
| Q4 FY2022 | Dec 31, 2022 | -3.6% | −0.1 |
| Q3 FY2022 | Sep 30, 2022 | 2.4% | −5.3 |
| Q2 FY2022 | Jun 30, 2022 | -7.6% | +5.6 |
| Q1 FY2022 | Mar 31, 2022 | -17.8% | +5.2 |
| Q4 FY2021 | Dec 31, 2021 | -3.4% | +23.4 |
| Q3 FY2021 | Sep 30, 2021 | 7.6% | −22.2 |
| Q2 FY2021 | Jun 30, 2021 | -13.2% | +41.9 |
| Q1 FY2021 | Mar 31, 2021 | -23.0% | +48.0 |
| Q4 FY2020 | Dec 31, 2020 | -26.8% | +69.5 |
| Q3 FY2020 | Sep 30, 2020 | 29.9% | +51.0 |
| Q2 FY2020 | Jun 30, 2020 | -55.1% | −45.7 |
| Q1 FY2020 | Mar 31, 2020 | -71.0% | −58.2 |
| Q4 FY2019 | Dec 31, 2019 | -96.3% | −101.8 |
| Q3 FY2019 | Sep 30, 2019 | -21.1% | −27.6 |
| Q2 FY2019 | Jun 30, 2019 | -9.4% | +4.2 |
| Q1 FY2019 | Mar 31, 2019 | -12.9% | −11.4 |
| Q4 FY2018 | Dec 31, 2018 | 5.5% | +2.1 |
| Q3 FY2018 | Sep 30, 2018 | 6.5% | +7.5 |
| Q2 FY2018 | Jun 30, 2018 | -13.7% | +43.8 |
| Q1 FY2018 | Mar 31, 2018 | -1.4% | +19.5 |
| Q4 FY2017 | Dec 31, 2017 | 3.3% | +70.2 |
| Q3 FY2017 | Sep 30, 2017 | -1.0% | +16.9 |
| Q2 FY2017 | Jun 30, 2017 | -57.5% | – |
| Q1 FY2017 | Mar 31, 2017 | -20.9% | – |
| Q4 FY2016 | Dec 31, 2016 | -66.8% | – |
| Q3 FY2016 | Sep 30, 2016 | -17.9% | – |
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