Stocks Industrials FTEK
NASDAQ · IndustrialsFuel Tech, Inc. (FTEK)
Fuel Tech, Inc. brought in $27.3M of revenue over the twelve months to June 30, 2026, up 8.9% from a year earlier. It posted a net loss of $3.5M. Operating cash flow minus capital spending left $2.3M of free cash flow in fiscal 2025. At June 30, 2026 it held $7.6M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 4, 2026.
Key facts about Fuel Tech, Inc.
- Net worth
- Fuel Tech, Inc. has a market value (market cap) of $44M at the latest share price, and shareholders' equity of $37.4M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $26.7M (+6.1% year on year), with a net loss of $2.3M. Over the 12 months to June 30, 2026: revenue $27.3M, net loss $3.5M.
- Cash flow
- In fiscal 2025 operations brought in $3M of cash; after $674K of capital spending, free cash flow was $2.3M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 4, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Fuel Tech, Inc.'s next report was expected around November 3, 2026 and is not on file with the SEC yet.
What Fuel Tech, Inc. does
Fuel Tech, Inc. is registered with the SEC under industry code SIC 3564 (Industrial & Commercial Fans & Blowers & Air Purifing Equip). Its shares trade on NASDAQ under the ticker FTEK.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $26.7M | -$2.3M | -$0.08 | $2.3M |
| 2024 | $25.1M | -$1.9M | -$0.06 | -$3.8M |
| 2023 | $27.1M | -$1.5M | -$0.05 | $278K |
| 2022 | $26.9M | -$1.4M | -$0.05 | -$4.3M |
| 2021 | $24.3M | $54K | $0.00 | $677K |
| 2020 | $22.6M | -$4.3M | -$0.17 | -$3M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where FTEK ranks in Industrials
Latest SEC filings
What Fuel Tech, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 18, 2026
- September 2, 2026
- August 4, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 17% to $6.5M versus the same quarter last year; diluted EPS -$0.04 versus -$0.02.
- August 4, 2026
- August 4, 2026
- June 8, 2026
- May 5, 2026Quarterly report 10-Q · period to March 31, 2026Revenue fell 4.7% to $6.1M versus the same quarter last year; diluted EPS -$0.04 versus -$0.02.
- May 5, 2026
- April 13, 2026Proxy statement DEF 14A
- April 6, 2026Passive stake changed SCHEDULE 13G/A
What is FTEK worth? A DCF from its reported cash flow
Insider trades
What the people running Fuel Tech, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $2K worth of shares on the open market in the last 90 days and sold none.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 1, 2026 | Nuggihalli RameshPresident & CEO | Bought | 1,471 | $2K |
| March 6, 2026 | Arnone Vincent JPresident & CEO, Director | Bought | 10,000 | $12.4K |
Who owns FTEK
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Grace & White, Inc.13G, passive | 5.02% | April 6, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 43 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Grace & White Inc | 1,541,307 | 0 |
| Renaissance Technologies LLC | 1,102,406 | -305,400 |
| Vanguard Capital Management LLC | 1,005,701 | +17,703 |
| Peapod Lane Capital LLC | 820,592 | +341,750 |
| Geode Capital Management, LLC | 522,983 | -9,825 |
| BlackRock, Inc. | 496,493 | +86,129 |
| US Bancorp | 304,776 | 0 |
| Two Sigma Investments, LP | 168,457 | -69,622 |
| Beartown Capital Management, LLC | 146,689 | 0 |
| Vanguard Fiduciary Trust Co | 133,459 | +954 |
| State Street Corp | 121,846 | 0 |
| Marquette Asset Management, LLC | 110,509 | new |
| Jane Street Group, LLC | 109,483 | +38,686 |
| Thompson Davis & CO., Inc. | 85,800 | new |
| Essex Investment Management Co LLC | 77,159 | -91 |
| Northern Trust Corp | 60,333 | +28,898 |
| Rothschild Wealth LLC | 40,000 | new |
| Susquehanna International Group, Llp | 35,896 | -104,196 |
| LexAurum Advisors, LLC | 20,160 | +6,000 |
| Citadel Advisors LLC | 19,070 | -202,329 |
Insiders
2 insiders reported holding 550,984 shares in total, about $776.9K at the last price.
| Holder | Shares |
|---|---|
| Arnone Vincent JPresident & CEO, Director | 549,513 |
| Nuggihalli RameshPresident & CEO | 1,471 |
Questions about FTEK
What does Fuel Tech, Inc. do?
Fuel Tech, Inc. is a company in the Industrials sector, listed on NASDAQ as FTEK. Its shares trade on NASDAQ under the ticker FTEK.
What is Fuel Tech, Inc.'s net worth?
Fuel Tech, Inc. has a market value (market cap) of $44M at the latest share price, and shareholders' equity of $37.4M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Fuel Tech, Inc. profitable?
No. Over the twelve months to June 30, 2026 it reported a net loss of $3.5M on revenue of $27.3M.
How much revenue does Fuel Tech, Inc. make?
Over the twelve months to June 30, 2026 Fuel Tech, Inc. reported revenue of $27.3M. That is 8.9% more than a year earlier.
When did Fuel Tech, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 4, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the investor disclosure from September 18, 2026.
When is Fuel Tech, Inc.'s next earnings report?
Fuel Tech, Inc.'s next report was expected around November 3, 2026 and is not on file with the SEC yet.
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Where the numbers come from
Financial figures are the values Fuel Tech, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.