Fuel Tech (FTEK) Net Margin (2010 - 2026)
Fuel Tech posted quarterly Net Margin of 22.29% for Q1 2026, down 1071.0% year-on-year from 2.3% in Q1 2025, and down 35.95% on a QoQ basis from 16.39% in Q4 2025.
Fuel Tech (FTEK) has 17 years of Net Margin data on file, last reported at 22.29% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 1071.0% year-over-year to 22.29%; the trailing twelve-month figure through Mar 2026 stood at 11.11% (up 5.0% YoY), and the FY2025 full-year result was 8.67%, down 94.0% from the prior year.
- Net Margin for Q1 2026 stood at 22.29%, down from 16.39% 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.
- The 5-year median for Net Margin is 5.98% (2024), against an average of 8.62%.
- The widest annual swing landed in 2024, when Net Margin sank 2707 bps; it then jumped 1925 bps in 2025.
- A 5-year view of Net Margin shows it stood at 5.73% in 2022, then slumped by 50 bps to 8.57% in 2023, then plunged by 316 bps to 35.64% in 2024, then surged by 54 bps to 16.39% in 2025, then sank by 36 bps to 22.29% in 2026.
- The last three Net Margin figures came in at 22.29% (Q1 2026), 16.39% (Q4 2025), and 4.05% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 20.72 Bn | 19.29 Bn | 854.00 Mn | 17.86% |
| 2 | Zurn Elkay Water Solutions | 7.83 Bn | 7.56 Bn | 205.80 Mn | - |
| 3 | Federal Signal | 6.47 Bn | 6.40 Bn | 179.40 Mn | 596.61% |
| 4 | Ceco Environmental | 2.82 Bn | 2.78 Bn | 63.92 Mn | -0.12% |
| 5 | PureCycle Technologies | 2.21 Bn | 2.11 Bn | - | -939.04% |
| 6 | Euro Tech Holdings | 1.36 Bn | 1.34 Bn | - | - |
| 7 | Energy Recovery | 421.81 Mn | 335.66 Mn | 2.70 Mn | -126.22% |
| 8 | CleanCore Solutions | 173.22 Mn | 156.17 Mn | -419,259.00 | -3,477.57% |
| 9 | Arq | 116.43 Mn | 111.76 Mn | 9.94 Mn | -2.90% |
| 10 | Fuel Tech | 4.19 Mn | -17.39 Mn | 2.64 Mn | -22.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -22.29% |
| Dec 31, 2025 | -16.39% |
| 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 | -3.70% |
| Sep 30, 2021 | 8.97% |
| Jun 30, 2021 | -14.91% |
| Mar 31, 2021 | 7.91% |
| Dec 31, 2020 | -25.43% |
| Sep 30, 2020 | 29.14% |
| Sep 30, 2019 | 0.28% |
| Jun 30, 2019 | -0.10% |
| Mar 31, 2019 | -0.10% |
| Dec 31, 2018 | -0.03% |
| Sep 30, 2018 | -0.06% |
| Jun 30, 2018 | -0.62% |
| Mar 31, 2018 | -0.20% |
| Dec 31, 2017 | -12.52% |
| Sep 30, 2017 | -1.76% |
| Jun 30, 2017 | -13.03% |
| Mar 31, 2017 | -8.60% |
| Dec 31, 2016 | -6.86% |
| Sep 30, 2016 | -5.00% |
| Jun 30, 2016 | -5.45% |
| Mar 31, 2016 | -14.80% |
| Dec 31, 2015 | -34.28% |
| Sep 30, 2015 | -1.33% |
| Jun 30, 2015 | -7.34% |
| Mar 31, 2015 | -10.95% |
| Dec 31, 2014 | -91.58% |
| Sep 30, 2014 | 5.55% |
| Jun 30, 2014 | -3.57% |
| Mar 31, 2014 | -5.82% |
| Dec 31, 2013 | 1.68% |
| Sep 30, 2013 | 10.37% |
| Jun 30, 2013 | 4.25% |
| Mar 31, 2013 | -0.09% |
| Dec 31, 2012 | -0.11% |
| Sep 30, 2012 | 4.79% |
| Jun 30, 2012 | 0.33% |
| Mar 31, 2012 | 6.12% |
| Dec 31, 2011 | 6.16% |
| Sep 30, 2011 | 11.05% |
| Jun 30, 2011 | 2.26% |
| Mar 31, 2011 | 5.92% |
| Dec 31, 2010 | 4.12% |
| Sep 30, 2010 | 4.03% |
| Jun 30, 2010 | -1.63% |