FTEK · Fuel Tech, Inc.
Fuel Tech Inc (FTEK)
What's happening
- FTEK is down 1.44% today, trading at $1.37. — Live quote
- Volume today (964) is well below its 3-month average of 282,480. (Finnhub fundamentals)
- Reports earnings on 2026-11-10, 19 days away. (Finnhub earnings calendar)
- Last quarter's EPS missed estimates: $-0.04 actual vs. $-0.02 estimated (-96.1%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2026-09-01 (7 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (5 periods)
| Measure | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 |
|---|---|---|---|---|---|
| Market cap | $68.3M | $41.3M | $90.7M | $86.8M | $37.0M |
| P/E | -22.98 | -16.66 | -86.84 | -49.08 | -46.25 |
| Price/Sales | 2.67 | 1.62 | 3.33 | 3.24 | 1.41 |
| Price/Book | 1.83 | 1.07 | 2.21 | 2.13 | 0.89 |
| EV/Revenue | 2.37 | 1.26 | 2.83 | 2.84 | 0.96 |
| ROE | -7.95% | -6.43% | -2.55% | -4.35% | -1.93% |
| ROA | -6.88% | -5.57% | -2.18% | -3.76% | -1.71% |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E/PEG unavailable (no free data source).
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Revenue growth is 16.7% on the provider's reported measure. Finnhub fundamentals ↗
- Latest SEC filing is Form 8-K, filed 2026-09-18; review it for current changes and risks. SEC EDGAR ↗
Potential concerns
- Net profit margin is -12.8%. Finnhub fundamentals ↗
- Trailing 52-week price return is -52.8%. Finnhub market metrics ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on FTEK
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.5M | $6.1M | $7.5M | $5.6M | $6.4M | $7.9M | $7.0M | $5.0M |
| Gross profit | $2.7M | $2.6M | $3.7M | $2.5M | $3.0M | $3.4M | $3.0M | $2.0M |
| Operating income | -$1.6M | -$1.6M | $4.0K | -$1.3M | -$952.0K | -$179.0K | -$715.0K | -$1.7M |
| Net income | -$1.2M | -$1.4M | $303.0K | -$689.0K | -$739.0K | $80.0K | -$421.0K | $281.0K |
| EPS (diluted) | $-0.04 | $-0.04 | $0.01 | $-0.02 | $-0.02 | $0.00 | $-0.01 | $0.01 |
| EPS (basic) | $-0.04 | $-0.04 | $0.01 | $-0.02 | $-0.02 | $0.00 | $-0.01 | $0.01 |
| Operating margin | -$24 | -$26 | $0 | -$24 | -$15 | -$2 | -$10 | -$34 |
| Net margin | -$19 | -$22 | $4 | -$12 | -$12 | $1 | -$6 | $6 |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $43.2M | $44.5M | $47.2M | $47.9M | $47.0M | $46.7M | $48.8M | $50.1M |
| Total liabilities | $5.8M | $5.9M | $7.2M | $6.9M | $6.3M | $5.3M | $6.8M | $6.3M |
| Stockholders' equity | $37.4M | $38.6M | $39.9M | $41.0M | $40.7M | $41.4M | $42.0M | $43.9M |
| Total current assets | $25.0M | $27.2M | $31.9M | $32.0M | $31.0M | $29.1M | $29.6M | $30.9M |
| Total current liabilities | $4.9M | $5.0M | $6.3M | $5.9M | $5.3M | $4.3M | $5.9M | $5.3M |
| Cash & equivalents | $7.6M | $9.1M | $11.9M | $13.7M | $10.6M | $11.8M | $8.5M | $12.3M |
| Marketable securities (current) | $12.0M | $12.5M | $12.9M | $12.2M | $12.4M | $10.0M | $10.2M | $8.2M |
| Accounts receivable | $3.9M | $4.1M | $5.4M | $4.8M | $6.3M | $5.6M | $9.4M | $9.2M |
| Inventory | $358.0K | $364.0K | $373.0K | $402.0K | $616.0K | $534.0K | $397.0K | $441.0K |
| Marketable securities (non-current) | $10.0M | $9.0M | $7.0M | $8.0M | $7.9M | $9.4M | $10.9M | $10.9M |
| Property, plant & equipment | $4.8M | $4.9M | $4.7M | $4.8M | $4.9M | $5.0M | $5.1M | $4.6M |
| Goodwill | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M |
| Intangible assets | $604.0K | $620.0K | $646.0K | $306.0K | $315.0K | $324.0K | $327.0K | $327.0K |
| Other non-current assets | $202.0K | $200.0K | $207.0K | $190.0K | $205.0K | $197.0K | $191.0K | $757.0K |
| Accounts payable | $2.8M | $2.1M | $3.2M | $2.4M | $2.1M | $1.6M | $2.9M | $3.3M |
| Deferred revenue (current) | $960.0K | $1.1M | $1.0M | $2.2M | $1.7M | $627.0K | $721.0K | $775.0K |
| Short-term debt | — | — | — | — | — | — | — | — |
| Long-term debt | — | — | — | — | — | — | — | — |
| Other non-current liabilities | $293.0K | $291.0K | $296.0K | $303.0K | $301.0K | $276.0K | $263.0K | $286.0K |
| Common stock & paid-in capital | $324.0K | $323.0K | $322.0K | $322.0K | $322.0K | $318.0K | $317.0K | $317.0K |
| Retained earnings | -$124.4M | -$123.2M | -$121.8M | -$120.6M | -$120.9M | -$120.2M | -$119.5M | -$117.6M |
| Accumulated other comprehensive income (loss) | -$1.8M | -$1.8M | -$1.7M | -$1.8M | -$1.8M | -$1.8M | -$1.9M | -$1.8M |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$894.0K | -$847.0K | -$1.6M | $3.1M | -$21.0K | $1.5M | -$1.6M | $879.0K |
| Investing cash flow | -$588.0K | -$1.9M | -$220.0K | $65.0K | -$992.0K | $1.7M | -$2.1M | $923.0K |
| Financing cash flow | -$11.0K | -$34.0K | $0 | $0 | -$198.0K | -$24.0K | $0 | $0 |
| Share-based compensation | $42.0K | $56.0K | $57.0K | $57.0K | $102.0K | $110.0K | $109.0K | $109.0K |
| Deferred income taxes | — | — | $11.0K | — | — | — | $4.0K | — |
| Change in accounts receivable | -$258.0K | -$1.2M | $548.0K | -$1.1M | $1.8M | -$3.8M | $282.0K | $511.0K |
| Change in inventory | -$6.0K | -$9.0K | -$30.0K | -$214.0K | $81.0K | $137.0K | -$44.0K | -$21.0K |
| Change in accounts payable | $678.0K | -$1.1M | $818.0K | $273.0K | $507.0K | -$1.3M | -$323.0K | $318.0K |
| Share repurchases | — | — | — | — | — | — | — | — |
| Other financing activities | — | — | — | — | — | — | — | — |
Income statement
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Revenue | $26.7M | $25.1M | $27.1M | $26.9M | $24.3M |
| Gross profit | $12.4M | $10.6M | $11.7M | $11.6M | $11.9M |
| Operating income | -$3.7M | -$4.7M | -$2.7M | -$1.5M | -$1.5M |
| Net income | -$2.3M | -$1.9M | -$1.5M | -$1.4M | $54.0K |
| EPS (diluted) | $-0.08 | $-0.06 | $-0.05 | $-0.05 | $0.00 |
| EPS (basic) | $-0.08 | $-0.06 | $-0.05 | $-0.05 | $0.00 |
| Operating margin | -$14 | -$19 | -$10 | -$6 | -$6 |
| Net margin | -$9 | -$8 | -$6 | -$5 | $0 |
Balance sheet
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Total assets | $47.2M | $48.8M | $50.4M | $50.1M | $50.0M |
| Total liabilities | $7.2M | $6.8M | $6.7M | $5.3M | $3.8M |
| Stockholders' equity | $39.9M | $42.0M | $43.7M | $44.8M | $46.2M |
| Total current assets | $31.9M | $29.6M | $38.3M | $35.8M | $41.5M |
| Total current liabilities | $6.3M | $5.9M | $5.7M | $4.8M | $3.2M |
| Cash & equivalents | $11.9M | $8.5M | $17.6M | $23.3M | $35.9M |
| Marketable securities (current) | $12.9M | $10.2M | $12.1M | $3.0M | $0 |
| Accounts receivable | $5.4M | $9.4M | $6.7M | $7.7M | $3.3M |
| Inventory | $373.0K | $397.0K | $439.0K | $392.0K | $348.0K |
| Marketable securities (non-current) | $7.0M | $10.9M | $3.7M | $6.4M | $0 |
| Property, plant & equipment | $4.7M | $5.1M | $4.5M | $4.4M | $4.6M |
| Goodwill | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M |
| Intangible assets | $646.0K | $327.0K | $358.0K | $397.0K | $448.0K |
| Other non-current assets | $207.0K | $191.0K | $781.0K | $794.0K | $824.0K |
| Accounts payable | $3.2M | $2.9M | $2.4M | $2.7M | $1.6M |
| Deferred revenue (current) | $1.0M | $721.0K | $1.3M | $372.0K | $390.0K |
| Long-term debt | — | — | — | — | $0 |
| Other non-current liabilities | $296.0K | $263.0K | $281.0K | $274.0K | $290.0K |
| Common stock & paid-in capital | $322.0K | $317.0K | $313.0K | $313.0K | $312.0K |
| Retained earnings | -$121.8M | -$119.5M | -$117.5M | -$116.0M | -$114.5M |
| Accumulated other comprehensive income (loss) | -$1.7M | -$1.9M | -$1.7M | -$1.7M | -$1.6M |
Cash flow
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating cash flow | $3.0M | -$3.4M | $696.0K | -$4.1M | $761.0K |
| Investing cash flow | $545.0K | -$5.4M | -$6.4M | -$9.5M | -$84.0K |
| Financing cash flow | -$222.0K | -$95.0K | $42.0K | -$17.0K | $24.0M |
| Share-based compensation | $326.0K | $446.0K | $389.0K | $224.0K | $82.0K |
| Deferred income taxes | $11.0K | $4.0K | -$5.0K | $38.0K | $5.0K |
| Change in accounts receivable | -$2.5M | $1.1M | -$1.0M | $4.4M | -$3.8M |
| Change in inventory | -$26.0K | -$41.0K | $46.0K | $45.0K | $252.0K |
| Change in accounts payable | $258.0K | $519.0K | -$295.0K | $1.2M | -$772.0K |
| Share repurchases | — | — | — | — | — |
| Other financing activities | — | — | — | — | — |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding FTEK as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-22 09:14 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-09-18 | 8-K | 2026-09-14 | View on SEC.gov → |
| 2026-09-03 | 4 | 2026-09-01 | View on SEC.gov → |
| 2026-09-02 | 8-K | 2026-08-27 | View on SEC.gov → |
| 2026-08-04 | 10-Q | 2026-06-30 | View on SEC.gov → |
| 2026-08-04 | 8-K | 2026-08-04 | View on SEC.gov → |
| 2026-08-04 | 8-K | 2026-07-31 | View on SEC.gov → |
| 2026-06-08 | 8-K | 2026-06-04 | View on SEC.gov → |
| 2026-06-05 | 4 | 2026-06-04 | View on SEC.gov → |
| 2026-06-05 | 4 | 2026-06-04 | View on SEC.gov → |
| 2026-06-05 | 4 | 2026-06-04 | View on SEC.gov → |
| 2026-05-05 | 10-Q | 2026-03-31 | View on SEC.gov → |
| 2026-05-05 | 8-K | 2026-05-05 | View on SEC.gov → |
Recent news
Headlines about FTEK (Fuel Tech, Inc.). Links open the publisher — we don’t host full articles.
-
H.C. Wainwright keeps USD 4.00 target for Fuel Tech stock
AD HOC NEWS · 2026-10-20 -
Zacks Industry Outlook Highlights Donaldson, CECO Environmental, Fuel Tech and LiqTech International
Yahoo Finance · 2026-10-19 -
EML,SPRU,ATLO,TLSI,CVGI,NEWT,GRNT,ZETA,MTDR,LILA,FTHM,MDRR,FTEK,RLMD,FRD,PODC | Stock Prices | Quote Comparison
Yahoo! Finance Canada · 2026-10-18 -
EML,SPRU,ATLO,CVGI,APPS,NSLR,NEWT,GRNT,LILA,ZETA,FTHM,MDRR,GRDN,FTEK,MYE,FRD,PODC | Stock Prices | Quote Comparison
Yahoo! Finance Canada · 2026-10-18 -
Zacks sees USD 28.20 million 2026 revenue for Fuel Tech stock - ad-hoc-news.de
ad-hoc-news.de · 2026-10-17 -
Fuel Tech Q3 2026 Earnings Date and Estimates
MarketBeat · 2026-10-17 -
Fuel Tech wins $2.8M worth of APC contracts; backlog hits $20M
Seeking Alpha · 2026-09-11 -
Fuel Tech, Inc. Names Sharon L. Jones Chair of the Board
Yahoo Finance · 2026-09-08
No headlines in this category right now — try “All”.