Fuel Tech (FTEK) Net Margin (2010 - 2026)
Fuel Tech's (FTEK) quarterly Net Margin came in at 18.97% in Q2 2026, down 657.0% on a YoY basis from 3.41% in Q2 2025, and up 14.89% quarter-over-quarter from 22.29% in Q1 2026.
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Analysis
Fuel Tech (FTEK) Net Margin (2010 - 2026) Analysis & Trends
Fuel Tech (FTEK) has reported Net Margin for 17 consecutive years, with 18.97% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 657.0% year-over-year to 18.97%; the trailing twelve-month figure through Jun 2026 stood at 12.75% (up 14.0% YoY), and the FY2025 full-year result was 8.71%, down 98.0% from the prior year.
- Net Margin grew to 18.97% in Q2 2026 per FTEK's latest filing, from 22.29% in the prior quarter.
- Across five years, Net Margin topped out at 5.75% in Q3 2023 and bottomed at 35.64% in Q4 2024.
- Historically, Net Margin has averaged 9.21% across 5 years, with a median of 7.28% in 2023.
- The sharpest annual moves came in 2024 and 2025: Net Margin plunged 2707 bps in 2024, then jumped 1910 bps in 2025.
- Over 5 years, Net Margin stood at 5.73% in 2022, then sank by 50 bps to 8.57% in 2023, then tumbled by 316 bps to 35.64% in 2024, then surged by 54 bps to 16.54% in 2025, then dropped by 15 bps to 18.97% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 18.97%, 22.29%, and 16.54% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ceco Environmental | 3.32 Bn | 3.25 Bn | 86.47 Mn | -12.10% |
| 2 | LanzaTech Global | 70.78 Mn | 25.80 Mn | 5.24 Mn | -108.36% |
| 3 | Fuel Tech | 50.05 Mn | 30.43 Mn | 2.68 Mn | -18.97% |
| 4 | 374Water | 43.09 Mn | 43.09 Mn | 1.98 Mn | -119.19% |
| 5 | Birchtech | 25.69 Mn | 13.85 Mn | 1.03 Mn | -79.60% |
| 6 | ClearSign Technologies | 24.97 Mn | 15.08 Mn | 228,000.00 | -256.61% |
| 7 | Liqtech International | 14.57 Mn | -1.09 Mn | 365,539.00 | -69.93% |
| 8 | TOMI Environmental Solutions | 13.14 Mn | 12.59 Mn | 1.39 Mn | -17.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -18.97% |
| Mar 31, 2026 | -22.29% |
| Dec 31, 2025 | -16.54% |
| Sep 30, 2025 | 4.05% |
| Jun 30, 2025 | -12.40% |
| Mar 31, 2025 | -11.58% |
| Dec 31, 2024 | -35.64% |
| Sep 30, 2024 | 1.02% |
| Jun 30, 2024 | -5.98% |
| Mar 31, 2024 | 5.67% |
| Dec 31, 2023 | -8.57% |
| Sep 30, 2023 | 5.75% |
| Jun 30, 2023 | -19.12% |
| Mar 31, 2023 | -5.68% |
| Dec 31, 2022 | -5.73% |
| Sep 30, 2022 | 3.92% |
| Jun 30, 2022 | -5.59% |
| Mar 31, 2022 | -18.03% |
| Dec 31, 2021 | -3.78% |
| Sep 30, 2021 | 8.97% |