NASDAQ:FTEK
Fuel Tech, Inc.
Fuel Tech, Inc.'s revenue grew 6.1% in fiscal 2025 to $26.7M while operating margin rose to −13.8%. Free cash flow was $2.3M, 8.8% of revenue, and the diluted share count rose 1.2%.Summary generated from Fuel Tech, Inc.'s SEC filings. Latest annual report filed Mar 3, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$26.7M
Revenue growth+6.1%
Revenue, 5-yr CAGR+3.4%
Gross margin46.4%
Operating margin−13.8%
Net margin−8.7%
ROICn/a
Return on equity−5.7%
Debt / equityn/a
Free cash flow$2.3M
FCF margin8.8%
Share count change+1.2%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 24 | 27 | 27 | 25 | 27 |
| Operating income | −1 | −2 | −3 | −5 | −4 |
| Net income | 0 | −1 | −2 | −2 | −2 |
| Free cash flow | 1 | −4 | 0 | −4 | 2 |
Recent filings
- 8-KRegulation FD disclosure
Sep 18, 2026 - 4Insider transaction report
Sep 3, 2026 - 8-KDirector or officer change
Sep 2, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 4, 2026 - 8-KResults of operations and financial condition
Aug 4, 2026 - 8-KDirector or officer change
Aug 4, 2026 - 8-KResults of a shareholder vote
Jun 8, 2026 - 4Insider transaction report
Jun 5, 2026