Fuel Tech (FTEK) Cash & Equivalents (2009 - 2026)
Fuel Tech's Cash & Equivalents was $6.83 million in Q3 2026, down 50.1% from $13.68 million a year earlier and down 10.4% from the prior quarter.
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Analysis
Fuel Tech (FTEK) Cash & Equivalents (2009 - 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 Q3 2026 figure marks the lowest quarterly Cash & Equivalents since Q3 2018.
- Compared with a year earlier, Cash & Equivalents has declined for three straight quarters, with an average decline of 11.9% over the last eight quarters.
- The best year-over-year quarter for Cash & Equivalents over five years was Q4 2021 (growth of 237.3%); the worst was Q1 2023 (a decline of 54.1%).
- Per Business Quant data, FTEK's Cash & Equivalents in the three quarters before Q3 2026 was $7.62 million (Q2 2026), $9.11 million (Q1 2026) and $11.94 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.84 Bn | 78.85 Bn | 2.07 Bn | 722.30 Mn |
| 2 | Veralto | 28.78 Bn | 21.41 Bn | 908.00 Mn | 1.79 Bn |
| 3 | Xylem | 22.22 Bn | 18.19 Bn | 907.00 Mn | 708.00 Mn |
| 4 | Badger Meter | 4.49 Bn | 3.89 Bn | 98.85 Mn | 67.93 Mn |
| 5 | Ceco Environmental | 3.04 Bn | 2.84 Bn | 130.10 Mn | 72.10 Mn |
| 6 | NWPX Infrastructure | 868.49 Mn | 826.57 Mn | 38.19 Mn | 6.06 Mn |
| 7 | Energy Recovery | 373.27 Mn | 35.71 Mn | 4.20 Mn | 42.48 Mn |
| 8 | Cadiz | 280.26 Mn | 245.37 Mn | -24,000.00 | 5.32 Mn |
| 9 | AirJoule Technologies | 174.57 Mn | 54.19 Mn | - | 41.42 Mn |
| 10 | Fuel Tech | 42.77 Mn | -41.13 Mn | 3.91 Mn | 6.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.83 Mn |
| 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 |
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();