FTEK
FUEL TECH, INC.
NASDAQ · Industrials · Industrial - Pollution & Treatment Controls · US
$1.46
+2.82%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 28.5M | 26.7M | 25.1M | 27.1M | 26.9M |
| Cost of Revenue | 16.0M | 14.3M | 14.5M | 15.4M | 15.3M |
| Gross Profit | 12.5M | 12.4M | 10.6M | 11.7M | 11.6M |
| Operating Expenses | |||||
| R&D Expense | 2.4M | 2.0M | 1.6M | 1.5M | 895.0K |
| SG&A Expense | 15.1M | 14.1M | 13.8M | 12.8M | 12.3M |
| General & Admin Expense | 3.6M | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | — | — | — | — | — |
| Total Operating Expenses | 17.6M | 16.1M | 15.3M | 14.3M | 13.2M |
| Cost and Expenses | 33.6M | 30.4M | 29.8M | 29.7M | 28.5M |
| Operating Income (EBIT) | (5.1M) | (3.7M) | (4.7M) | (2.7M) | (1.5M) |
| Non-Operating | |||||
| Interest Income | 1.0M | 1.4M | 1.3M | 1.3M | 202.0K |
| Interest Expense | — | — | — | 21.0K | 17.0K |
| Net Interest Income | 794.0K | 1.4M | 1.3M | 1.3M | 185.0K |
| Other Non-Op Income/Expense | 1.1M | 1.4M | 2.8M | 1.2M | 139.0K |
| Non-Operating Income (excl Interest) | (391.0K) | (1.4M) | (2.8M) | (1.2M) | (156.0K) |
| EBT (Pre-Tax Income) | (4.0M) | (2.3M) | (1.9M) | (1.5M) | (1.4M) |
| Income Tax Expense | 13.0K | 15.0K | 77.0K | 69.0K | 54.0K |
| Bottom Line | |||||
| Net Income | (4.1M) | (2.3M) | (1.9M) | (1.5M) | (1.4M) |
| Earnings from Cont. Ops | (4.1M) | (2.3M) | (1.9M) | (1.5M) | (1.4M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (4.1M) | (2.3M) | (1.9M) | (1.5M) | (1.4M) |
| Per Share | |||||
| Basic EPS | ($0.13) | ($0.08) | ($0.06) | ($0.05) | ($0.05) |
| Diluted EPS | ($0.13) | ($0.08) | ($0.06) | ($0.05) | ($0.05) |
| Revenue Per Share | $0.91 | $0.86 | $0.82 | $0.89 | $0.89 |
| Shares | |||||
| Basic Shares Outstanding | 31.2M | 30.9M | 30.6M | 30.3M | 30.3M |
| Diluted Shares Outstanding | 31.2M | 30.9M | 30.6M | 30.3M | 30.3M |
| Profitability Metrics | |||||
| EBITDA | (4.1M) | (1.6M) | (1.4M) | (1.1M) | (931.0K) |
| D&A | 579.0K | 699.0K | 460.0K | 342.0K | 440.0K |
| EBIT | (4.2M) | (2.3M) | (1.9M) | (1.4M) | (1.4M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026