Fuel Tech (FTEK) Cash & Equivalents (2010 - 2026)
Fuel Tech's Cash & Equivalents was $7.62 million in Q2 2026, down 28.0% from $10.59 million a year earlier and down 16.3% from the prior quarter.
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Analysis
Fuel Tech (FTEK) Cash & Equivalents (2010 - 2026) Analysis & Trends
At the end of FY2025, Cash & Equivalents at Fuel Tech came in at $11.94 million, up 40.3% from FY2024.
- Cash & Equivalents shows a five-year compound annual growth rate of 2.3% (FY2020 to FY2025).
- In earlier years, Cash & Equivalents was $8.51 million in FY2024 (-51.6%), $17.58 million in FY2023 (-24.6%), $23.33 million in FY2022 (-35.0%) and $35.89 million in FY2021 (+237.3%).
- The Q2 2026 figure marks the lowest quarterly Cash & Equivalents since Q1 2019.
- Compared with a year earlier, Cash & Equivalents was higher in four of the last eight quarters, with an average decline of 6.8%.
- The best year-over-year quarter for Cash & Equivalents over five years was Q3 2021 (growth of 273.3%); the worst was Q1 2023 (a decline of 54.1%).
- Per Business Quant data, FTEK's Cash & Equivalents in the three quarters before Q2 2026 was $9.11 million (Q1 2026), $11.94 million (Q4 2025) and $13.68 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn | 5.14 Bn |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn | 1.28 Bn |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn | 2.12 Bn |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn | 95.73 Mn |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn | 61.10 Mn |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn | 19.32 Mn |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn | 61.44 Mn |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 | 5.32 Mn |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - | 41.42 Mn |
| 10 | Fuel Tech | 50.57 Mn | -41.36 Mn | 2.68 Mn | 7.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.62 Mn |
| Mar 31, 2026 | 9.11 Mn |
| Dec 31, 2025 | 11.94 Mn |
| Sep 30, 2025 | 13.68 Mn |
| Jun 30, 2025 | 10.59 Mn |
| Mar 31, 2025 | 11.82 Mn |
| Dec 31, 2024 | 8.51 Mn |
| Sep 30, 2024 | 12.27 Mn |
| Jun 30, 2024 | 10.40 Mn |
| Mar 31, 2024 | 11.38 Mn |
| Dec 31, 2023 | 17.58 Mn |
| Sep 30, 2023 | 13.48 Mn |
| Jun 30, 2023 | 15.13 Mn |
| Mar 31, 2023 | 15.70 Mn |
| Dec 31, 2022 | 23.33 Mn |
| Sep 30, 2022 | 24.08 Mn |
| Jun 30, 2022 | 31.31 Mn |
| Mar 31, 2022 | 34.17 Mn |
| Dec 31, 2021 | 35.89 Mn |
| Sep 30, 2021 | 35.16 Mn |
API Access
Fuel Tech Cash & Equivalents 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=cash-and-equivalents&ticker=FTEK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=FTEK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();