Growth Metrics

Fuel Tech (FTEK) Cost of Revenue (2010 - 2026)

Fuel Tech posted quarterly Cost of Revenue of $3.4 million for Q1 2026, little changed year-on-year from $3.4 million in Q1 2025, and down 14.38% on a QoQ basis from $4.0 million in Q4 2025.

Fuel Tech (FTEK) has 17 years of Cost of Revenue data on file, last reported at $3.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue changed 0.38% year-over-year to $3.4 million; the trailing twelve-month figure through Mar 2026 stood at $14.3 million (down 4.65% YoY), and the FY2025 full-year result was $14.3 million, down 1.49% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $3.4 million, down from $4.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $4.5 million in Q1 2023 and bottomed at $2.9 million in Q1 2024.
  • The 5-year median for Cost of Revenue is $3.7 million (2022), against an average of $3.7 million.
  • The widest annual swing landed in 2022, when Cost of Revenue surged 40.04%; it then plunged 34.67% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $4.0 million in 2022, then declined by 22.8% to $3.1 million in 2023, then retreated by 1.74% to $3.0 million in 2024, then jumped by 31.66% to $4.0 million in 2025, then slipped by 14.38% to $3.4 million in 2026.
  • The last three Cost of Revenue figures came in at $3.4 million (Q1 2026), $4.0 million (Q4 2025), and $3.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Veralto 20.72 Bn 19.29 Bn 854.00 Mn 568.00 Mn
2 Zurn Elkay Water Solutions 7.83 Bn 7.56 Bn 205.80 Mn 227.20 Mn
3 Federal Signal 6.47 Bn 6.40 Bn 179.40 Mn 446.20 Mn
4 Ceco Environmental 2.82 Bn 2.78 Bn 63.92 Mn 142.00 Mn
5 PureCycle Technologies 2.21 Bn 2.11 Bn - -
6 Euro Tech Holdings 1.36 Bn 1.34 Bn - -
7 Energy Recovery 421.81 Mn 335.66 Mn 2.70 Mn 5.12 Mn
8 CleanCore Solutions 173.22 Mn 156.17 Mn -419,259.00 962,953.00
9 Arq 116.43 Mn 111.76 Mn 9.94 Mn 19.11 Mn
10 Fuel Tech 4.19 Mn -17.39 Mn 2.64 Mn 3.44 Mn

Historic Data

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DateValue
Mar 31, 2026 3.44 Mn
Mar 31, 2026 3.44 Mn
Dec 31, 2025 4.01 Mn
Dec 31, 2025 4.01 Mn
Sep 30, 2025 3.83 Mn
Sep 30, 2025 3.83 Mn
Jun 30, 2025 3.03 Mn
Jun 30, 2025 3.03 Mn
Mar 31, 2025 3.42 Mn
Mar 31, 2025 3.42 Mn
Dec 31, 2024 3.05 Mn
Dec 31, 2024 3.05 Mn
Sep 30, 2024 4.44 Mn
Sep 30, 2024 4.44 Mn
Jun 30, 2024 4.09 Mn
Jun 30, 2024 4.09 Mn
Mar 31, 2024 2.93 Mn
Mar 31, 2024 2.93 Mn
Dec 31, 2023 3.10 Mn
Dec 31, 2023 3.10 Mn
Sep 30, 2023 4.38 Mn
Sep 30, 2023 4.38 Mn
Jun 30, 2023 3.47 Mn
Jun 30, 2023 3.47 Mn
Mar 31, 2023 4.48 Mn
Mar 31, 2023 4.48 Mn
Dec 31, 2022 4.02 Mn
Dec 31, 2022 4.02 Mn
Sep 30, 2022 4.35 Mn
Sep 30, 2022 4.35 Mn
Jun 30, 2022 3.69 Mn
Jun 30, 2022 3.69 Mn
Mar 31, 2022 3.25 Mn
Mar 31, 2022 3.25 Mn
Dec 31, 2021 3.21 Mn
Dec 31, 2021 3.21 Mn
Sep 30, 2021 3.84 Mn
Sep 30, 2021 3.84 Mn
Jun 30, 2021 2.64 Mn
Jun 30, 2021 2.64 Mn
Mar 31, 2021 2.68 Mn
Mar 31, 2021 2.68 Mn
Dec 31, 2020 3.61 Mn
Dec 31, 2020 3.61 Mn
Sep 30, 2020 2.25 Mn
Sep 30, 2020 2.25 Mn
Jun 30, 2020 3.80 Mn
Jun 30, 2020 3.80 Mn
Mar 31, 2020 2.25 Mn
Mar 31, 2020 2.25 Mn
Dec 31, 2019 4.88 Mn
Dec 31, 2019 4.88 Mn
Sep 30, 2019 3.56 Mn
Sep 30, 2019 3.56 Mn
Jun 30, 2019 5.05 Mn
Jun 30, 2019 5.05 Mn
Mar 31, 2019 6.14 Mn
Mar 31, 2019 6.14 Mn
Dec 31, 2018 9.93 Mn
Dec 31, 2018 9.93 Mn
Sep 30, 2018 10.65 Mn
Sep 30, 2018 10.65 Mn
Jun 30, 2018 8.13 Mn
Jun 30, 2018 8.13 Mn
Mar 31, 2018 7.77 Mn
Mar 31, 2018 7.77 Mn
Dec 31, 2017 7.76 Mn
Dec 31, 2017 7.76 Mn
Sep 30, 2017 8.50 Mn
Sep 30, 2017 8.50 Mn
Jun 30, 2017 6.12 Mn
Jun 30, 2017 6.12 Mn
Mar 31, 2017 4.77 Mn
Mar 31, 2017 4.77 Mn
Dec 31, 2016 7.72 Mn
Dec 31, 2016 7.72 Mn
Sep 30, 2016 7.28 Mn
Sep 30, 2016 7.28 Mn
Jun 30, 2016 9.60 Mn
Jun 30, 2016 9.60 Mn
Mar 31, 2016 11.77 Mn
Mar 31, 2016 11.77 Mn
Dec 31, 2015 11.29 Mn
Dec 31, 2015 11.29 Mn
Sep 30, 2015 13.83 Mn
Sep 30, 2015 13.83 Mn
Jun 30, 2015 11.55 Mn
Jun 30, 2015 11.55 Mn
Mar 31, 2015 8.44 Mn
Mar 31, 2015 8.44 Mn
Dec 31, 2014 9.82 Mn
Dec 31, 2014 9.82 Mn
Sep 30, 2014 11.58 Mn
Sep 30, 2014 11.58 Mn
Jun 30, 2014 11.68 Mn
Jun 30, 2014 11.68 Mn
Mar 31, 2014 10.81 Mn
Mar 31, 2014 10.81 Mn
Dec 31, 2013 13.79 Mn
Dec 31, 2013 13.79 Mn
Sep 30, 2013 18.46 Mn
Sep 30, 2013 18.46 Mn
Jun 30, 2013 17.23 Mn
Jun 30, 2013 17.23 Mn
Mar 31, 2013 13.05 Mn
Mar 31, 2013 13.05 Mn
Dec 31, 2012 17.13 Mn
Dec 31, 2012 17.13 Mn
Sep 30, 2012 14.67 Mn
Sep 30, 2012 14.67 Mn
Jun 30, 2012 11.88 Mn
Jun 30, 2012 11.88 Mn
Mar 31, 2012 13.22 Mn
Mar 31, 2012 13.22 Mn
Dec 31, 2011 14.79 Mn
Dec 31, 2011 14.79 Mn
Sep 30, 2011 13.05 Mn
Sep 30, 2011 13.05 Mn
Jun 30, 2011 10.55 Mn
Jun 30, 2011 10.55 Mn
Mar 31, 2011 11.47 Mn
Mar 31, 2011 11.47 Mn
Dec 31, 2010 14.76 Mn
Dec 31, 2010 14.76 Mn
Sep 30, 2010 11.50 Mn
Sep 30, 2010 11.50 Mn
Jun 30, 2010 11.07 Mn
Jun 30, 2010 11.07 Mn