Fuel Tech (FTEK) Capital Expenditures (2010 - 2026)
Fuel Tech (FTEK) recorded Capital Expenditures of $77,000 in Q2 2026, up 113.9% from $36,000 a year earlier but down 76.1% from the prior quarter.
Fuel Tech (FTEK) Capital Expenditures (2010 - 2026) Analysis & Trends
On a TTM basis, Fuel Tech's Capital Expenditures came in at $972,000 as of Jun 30, 2026, up 253.5% year-over-year; for FY2025, it was $674,000, up 78.3% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 22.2% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $378,000 in FY2024 (-9.6%), $418,000 in FY2023 (+102.9%), $206,000 in FY2022 (+145.2%) and $84,000 in FY2021 (-66.0%).
- Quarterly Capital Expenditures has ranged from -$500,000 in Q4 2021 to $443,000 in Q4 2025 over the past five years.
- On a year-over-year basis, Capital Expenditures has increased for four consecutive quarters, with growth averaging 122.5% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 985.0% in Q4 2023, against a decline of 86.2% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $322,000 (Q1 2026), $443,000 (Q4 2025) and $130,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn | 240.10 Mn |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn | 89.00 Mn |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn | 12.00 Mn |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn | 4.84 Mn |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn | 4.90 Mn |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn | 4.22 Mn |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn | 875,000.00 |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - | - |
| 10 | Fuel Tech | 50.57 Mn | -41.36 Mn | 2.68 Mn | 77,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77,000.00 |
| Mar 31, 2026 | 322,000.00 |
| Dec 31, 2025 | 443,000.00 |
| Sep 30, 2025 | 130,000.00 |
| Jun 30, 2025 | 36,000.00 |
| Mar 31, 2025 | 65,000.00 |
| Dec 31, 2024 | 62,000.00 |
| Sep 30, 2024 | 112,000.00 |
| Jun 30, 2024 | 90,000.00 |
| Mar 31, 2024 | 114,000.00 |
| Dec 31, 2023 | 217,000.00 |
| Sep 30, 2023 | 98,000.00 |
| Jun 30, 2023 | 73,000.00 |
| Mar 31, 2023 | 30,000.00 |
| Dec 31, 2022 | 20,000.00 |
| Sep 30, 2022 | 48,000.00 |
| Jun 30, 2022 | 85,000.00 |
| Mar 31, 2022 | 53,000.00 |
| Dec 31, 2021 | -500,000.00 |
| Sep 30, 2021 | 347,000.00 |
Fuel Tech Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=FTEK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "FTEK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=FTEK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();