Fuel Tech (FTEK) Gross Profit (2009 - 2026)
Fuel Tech (FTEK) reported Gross Profit of $3.91 million for Q3 2026, up 6.7% from $3.66 million a year earlier and up 46.0% from the prior quarter.
Fuel Tech (FTEK) Gross Profit (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Fuel Tech's Gross Profit came in at $12.46 million, up 9.4% year-over-year; for FY2025, it came in at $12.38 million, up 16.6% from FY2024.
- Gross Profit has a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
- By year, Gross Profit came in at $10.62 million in FY2024 (-8.9%), $11.66 million in FY2023 (+0.1%), $11.64 million in FY2022 (-2.1%) and $11.9 million in FY2021 (+11.8%).
- The Q3 2026 figure ranks as the highest quarterly Gross Profit since Q3 2020.
- Year over year, Gross Profit gained in five of the last eight quarters, with growth averaging 6.8%.
- The high point for year-over-year Gross Profit in five years was Q2 2024 (growth of 47.9%); the low point was Q4 2024 (a decline of 31.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $2.68 million (Q2 2026), $2.64 million (Q1 2026) and $3.23 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 85.84 Bn | 78.85 Bn | 2.07 Bn |
| 2 | Veralto | 28.78 Bn | 21.41 Bn | 908.00 Mn |
| 3 | Xylem | 22.22 Bn | 18.19 Bn | 907.00 Mn |
| 4 | Badger Meter | 4.49 Bn | 3.89 Bn | 98.85 Mn |
| 5 | Ceco Environmental | 3.04 Bn | 2.84 Bn | 130.10 Mn |
| 6 | NWPX Infrastructure | 868.49 Mn | 826.57 Mn | 38.19 Mn |
| 7 | Energy Recovery | 373.27 Mn | 35.71 Mn | 4.20 Mn |
| 8 | Cadiz | 280.26 Mn | 245.37 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 174.57 Mn | 54.19 Mn | - |
| 10 | Fuel Tech | 42.77 Mn | -41.13 Mn | 3.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.91 Mn |
| Jun 30, 2026 | 2.68 Mn |
| Mar 31, 2026 | 2.64 Mn |
| Dec 31, 2025 | 3.23 Mn |
| Sep 30, 2025 | 3.66 Mn |
| Jun 30, 2025 | 2.53 Mn |
| Mar 31, 2025 | 2.96 Mn |
| Dec 31, 2024 | 2.24 Mn |
| Sep 30, 2024 | 3.41 Mn |
| Jun 30, 2024 | 2.95 Mn |
| Mar 31, 2024 | 2.03 Mn |
| Dec 31, 2023 | 3.24 Mn |
| Sep 30, 2023 | 3.61 Mn |
| Jun 30, 2023 | 2.00 Mn |
| Mar 31, 2023 | 2.81 Mn |
| Dec 31, 2022 | 3.00 Mn |
| Sep 30, 2022 | 3.67 Mn |
| Jun 30, 2022 | 2.68 Mn |
| Mar 31, 2022 | 2.29 Mn |
| Dec 31, 2021 | 3.24 Mn |
Fuel Tech Gross Profit 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=gross-profit&ticker=FTEK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=FTEK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();