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Companies/Fuel Tech, Inc.
Company profile

Fuel Tech, Inc.

NASDAQ: FTEK · Industrials · Industrial - Pollution & Treatment Controls
PublicHQ Warrenville, IL · DuPageCIK 0000846913Reports USD
#537 of 959 Industrials companies by revenue55th-percentile growth
EA Score
59C
FH 47DQ 77GM 61SS 58
v0.1 · 65/100 weight · provisional
↑ balance-sheet leverage, disclosure history · ↓ Piotroski F, operating margin
Methodology →
Revenue TTM
$26.4M
Rev growth YoY (TTM)
-0.7%
Net income (FY)
-$2.3M
Employees
78
Market cap
$58.3M
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$26.7M$26.7M2025
Net income-$2.3M-$2.3M2025
Operating income-$3.7M-$3.7M2025
Total assets$47.2M$47.2M2025
Liabilities$7.2M$7.2M2025
Equity$39.9M$39.9M2025

Revenue trend

FY2020 – FY2025 · USD
$4.4M
FY20
$8.2M
FY20
$22.6M
FY20
$24.3M
FY21
$26.9M
FY22
$27.1M
FY23
$25.1M
FY24
$26.7M
FY25

Revenue by segment

Filed disclosures · FY2025
By product
FUEL CHEM77%
Air Pollution Control23%
By geography
UNITED STATES65%
Non-US17%
Pacific Rim and Other Geographical Areas7%
Europe7%
Americas2%
SOUTH AFRICA1%
The read

Fuel Tech, Inc. booked $26.7M in FY2025 revenue, growing 6.1% year over year — about the middle of the pack among Industrials companies we track, at a -8.7% net margin.

Peers · Industrials
Fluence Corporation Limited39DVictor Mining Industry Group Inc.——SSC Security Services Corp.56CDecker Manufacturing Corporation72B
Neighbors
DuPage →
Dover Corporation$8.1B82B+Federal Signal Corporation$2.2B84B+AAR Corp.$2.8B73BKnowles Corporation$593.2M79B+InvenTrust Properties Corp.$299.2M69BHub Group, Inc.$3.9B——
Key facts
CEOVincent J. Arnone
SectorIndustrials
IndustryIndustrial - Pollution & Treatment Controls
HeadquartersWarrenville, IL
ExchangeNASDAQ: FTEK
Employees78
IPO date1993-09-07
Latest filings
8-K2026-06-088-K2026-05-0510-Q2026-05-05DEF 14A2026-04-138-K2026-03-278-K2026-03-0310-K2026-03-038-K2025-12-12
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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