About Fuel Tech, Inc.
https://www.ftek.comFuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. It operates through two segments, Air Pollution Control Technology and FUEL CHEM Technology.

CEO
Vincent J. Arnone
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 17
Ratings Snapshot
Rating : C
Price Target
Institutional Ownership

GRACE & WHITE INC /NY
Shares:1.49M
Value:$2.28M

VANGUARD GROUP INC
Shares:1.01M
Value:$1.55M

RENAISSANCE TECHNOLOGIES LLC
Shares:898.91K
Value:$1.38M
Summary
Showing Top 3 of 65
About Fuel Tech, Inc.
https://www.ftek.comFuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. It operates through two segments, Air Pollution Control Technology and FUEL CHEM Technology.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $7.49M ▲ | $3.66M ▼ | $303K ▲ | 4.05% ▲ | $0.01 ▲ | $482K ▲ |
| Q2-2025 | $5.56M ▼ | $3.84M ▼ | $-689K ▲ | -12.4% ▼ | $-0.02 ▲ | $-1.14M ▼ |
| Q1-2025 | $6.38M ▲ | $3.91M ▼ | $-739K ▲ | -11.58% ▲ | $-0.02 ▲ | $-779K ▲ |
| Q4-2024 | $5.28M ▼ | $4.35M ▲ | $-1.88M ▼ | -35.64% ▼ | $-0.06 ▼ | $-1.65M ▼ |
| Q3-2024 | $7.85M | $3.59M | $80K | 1.02% | $0 | $179K |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $25.86M ▲ | $47.91M ▲ | $6.9M ▲ | $41.01M ▲ |
| Q2-2025 | $23.01M ▲ | $47M ▲ | $6.34M ▲ | $40.66M ▼ |
| Q1-2025 | $21.79M ▲ | $46.71M ▼ | $5.27M ▼ | $41.44M ▼ |
| Q4-2024 | $18.69M ▼ | $48.8M ▼ | $6.84M ▲ | $41.95M ▼ |
| Q3-2024 | $20.44M | $50.12M | $6.25M | $43.86M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $303K ▲ | $3.1M ▲ | $65K ▲ | $0 ▲ | $3.09M ▲ | $2.97M ▲ |
| Q2-2025 | $-689K ▲ | $-21K ▼ | $-992K ▼ | $-198K ▼ | $-1.23M ▼ | $-21K ▼ |
| Q1-2025 | $-739K ▲ | $1.51M ▲ | $1.69M ▲ | $-24K ▼ | $3.31M ▲ | $1.44M ▲ |
| Q4-2024 | $-1.88M ▼ | $-1.65M ▼ | $-2.06M ▼ | $0 | $-3.76M ▼ | $-1.71M ▼ |
| Q3-2024 | $80K | $879K | $923K | $0 | $1.87M | $767K |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Air Pollution Control | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
FUEL CHEM | $10.00M ▲ | $10.00M ▲ | $0 ▼ | $0 ▲ |
Revenue by Geography
| Region | Q4-2024 | Q2-2025 | Q1-2025 | Q3-2025 |
|---|---|---|---|---|
Africa | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Asia | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Europe | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Latin America | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
NonUS | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
UNITED STATES | $0 ▲ | $0 ▲ | $10.00M ▲ | $10.00M ▲ |
Americas | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Pacific Rim and Other Geographical Areas | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
SOUTH AFRICA | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |

CEO
Vincent J. Arnone
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 17
Ratings Snapshot
Rating : C
Price Target
Institutional Ownership

GRACE & WHITE INC /NY
Shares:1.49M
Value:$2.28M

VANGUARD GROUP INC
Shares:1.01M
Value:$1.55M

RENAISSANCE TECHNOLOGIES LLC
Shares:898.91K
Value:$1.38M
Summary
Showing Top 3 of 65




