Company profile
Fuel Tech, Inc.
NASDAQ: FTEK · Industrials · Industrial - Pollution & Treatment Controls
#548 of 978 Industrials companies by revenue54th-percentile growth
EA Score
59CFH 47DQ 78GM 60SS 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
77
as of 2026-08-19
Market cap
$43.9M
as of 2026-08-19
Financials — latest annual
SEC EDGAR · USD-normalizedConceptUSDNativeFY
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
FY20
FY20
FY20
FY21
FY22
FY23
FY24
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
What is Fuel Tech, Inc.’s revenue?
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
Chicago Rivet & Machine Co.56CPioneer Pow44DTecogen Inc.49DCoda Octopus Group, Inc.66BCEA Industries Inc. Common Stock65BMessaben Corp.——Neighbors
DuPage →Key facts
CEORamesh Nuggihalli
SectorIndustrials
IndustryIndustrial - Pollution & Treatment Controls
HeadquartersWarrenville, IL
ExchangeNASDAQ: FTEK
Employees77
IPO date1993-09-07
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.