Fuel Tech (FTEK) Gross Margin (2010 - 2026)
Fuel Tech's (FTEK) quarterly Gross Margin came in at 41.25% in Q2 2026, down 425.0% on a YoY basis from 12.69% in Q2 2025, and down 5.15% quarter-over-quarter from 43.49% in Q1 2026.
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Fuel Tech (FTEK) Gross Margin (2010 - 2026) Analysis & Trends
Fuel Tech (FTEK) has reported Gross Margin for 17 consecutive years, with 41.25% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 425.0% year-over-year to 41.25%; the trailing twelve-month figure through Jun 2026 stood at 44.74% (up 35.0% YoY), and the FY2025 full-year result was 46.42%, up 415.0% from the prior year.
- Gross Margin declined to 41.25% in Q2 2026 per FTEK's latest filing, from 43.49% in the prior quarter.
- Across five years, Gross Margin topped out at 51.11% in Q4 2023 and bottomed at 36.55% in Q2 2023.
- Historically, Gross Margin has averaged 43.45% across 5 years, with a median of 43.08% in 2024.
- The sharpest annual moves came in 2023 and 2024: Gross Margin surged 834 bps in 2023, then plunged 881 bps in 2024.
- Over 5 years, Gross Margin stood at 42.77% in 2022, then advanced by 19 bps to 51.11% in 2023, then declined by 17 bps to 42.31% in 2024, then advanced by 5 bps to 44.63% in 2025, then decreased by 8 bps to 41.25% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 41.25%, 43.49%, and 44.63% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ceco Environmental | 3.33 Bn | 3.26 Bn | 86.47 Mn | 30.34% |
| 2 | LanzaTech Global | 69.03 Mn | 24.05 Mn | 5.24 Mn | 58.09% |
| 3 | Fuel Tech | 51.29 Mn | 31.68 Mn | 2.68 Mn | 41.25% |
| 4 | 374Water | 43.76 Mn | 43.76 Mn | 1.98 Mn | 87.66% |
| 5 | Birchtech | 25.69 Mn | 13.85 Mn | 1.03 Mn | 27.24% |
| 6 | ClearSign Technologies | 25.03 Mn | 15.14 Mn | 228,000.00 | 40.71% |
| 7 | Liqtech International | 14.68 Mn | -971,412.90 | 365,539.00 | 8.38% |
| 8 | TOMI Environmental Solutions | 12.91 Mn | 12.37 Mn | 1.39 Mn | 61.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.25% |
| Mar 31, 2026 | 43.49% |
| Dec 31, 2025 | 44.63% |
| Sep 30, 2025 | 48.88% |
| Jun 30, 2025 | 45.50% |
| Mar 31, 2025 | 46.36% |
| Dec 31, 2024 | 42.31% |
| Sep 30, 2024 | 43.40% |
| Jun 30, 2024 | 41.92% |
| Mar 31, 2024 | 40.93% |
| Dec 31, 2023 | 51.11% |
| Sep 30, 2023 | 45.22% |
| Jun 30, 2023 | 36.55% |
| Mar 31, 2023 | 38.49% |
| Dec 31, 2022 | 42.77% |
| Sep 30, 2022 | 45.80% |
| Jun 30, 2022 | 42.05% |
| Mar 31, 2022 | 41.37% |
| Dec 31, 2021 | 50.19% |
| Sep 30, 2021 | 49.20% |