Fuel Tech (FTEK) Net Margin (2010 - 2026)
Fuel Tech's (FTEK) quarterly Net Margin came in at 22.29% in Q1 2026, down 1071.0% YoY from 2.3% in Q1 2025, and down 34.7% on a QoQ basis from 16.54% in Q4 2025.
Fuel Tech (FTEK) Net Margin (2010 - 2026) Analysis & Trends
Fuel Tech (FTEK) has 17 years of Net Margin data on file, last reported at 22.29% in Q1 2026.
- Quarterly Net Margin fell 1071.0% year-over-year to 22.29% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.15% (up 1.0% YoY) and the FY2025 annual result came in at 8.71%, down 98.0% from the prior year.
- Net Margin eased to 22.29% in Q1 2026, from 16.54% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 5.75% in Q3 2023 to a low of 35.64% in Q4 2024.
- A 5-year average of 8.6% and a median of 5.98% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin plunged 2715 bps — and 2025, when it soared 1910 bps.
- Tracing FTEK's Net Margin over 5 years: stood at 5.18% in 2022, then slumped by 64 bps to 8.49% in 2023, then tumbled by 320 bps to 35.64% in 2024, then soared by 54 bps to 16.54% in 2025, then slumped by 35 bps to 22.29% in 2026.
- The last three Net Margin figures came in at 22.29% (Q1 2026), 16.54% (Q4 2025), and 4.05% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.35 Bn | 22.23 Bn | 902.00 Mn | 16.35% |
| 2 | Zurn Elkay Water Solutions | 8.16 Bn | 7.80 Bn | 288.30 Mn | 23.08% |
| 3 | Federal Signal | 7.42 Bn | 7.35 Bn | 203.80 Mn | 12.85% |
| 4 | Ceco Environmental | 3.17 Bn | 3.11 Bn | 86.47 Mn | -12.10% |
| 5 | PureCycle Technologies | 1.24 Bn | 1.24 Bn | - | -3,274.49% |
| 6 | Aduro Clean Technologies | 521.85 Mn | 493.18 Mn | - | - |
| 7 | Energy Recovery | 398.07 Mn | 305.01 Mn | 8.96 Mn | -26.66% |
| 8 | Arq | 94.31 Mn | 93.40 Mn | 11.51 Mn | -2.45% |
| 9 | Fuel Tech | 43.03 Mn | 23.42 Mn | 2.68 Mn | -18.97% |
| 10 | CleanCore Solutions | 34.84 Mn | 17.79 Mn | -419,259.00 | -3,509.52% |
Historic Data
Download 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 | -8.49% |
| Sep 30, 2023 | 5.75% |
| Jun 30, 2023 | -19.12% |
| Mar 31, 2023 | -5.68% |
| Dec 31, 2022 | -5.18% |
| 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% |