Fuel Tech FTEK
NASDAQ FTEK
$1.64 -0.08 (-4.36%)
As of: Sep 10, 2026 · 10:11 AM EDT

Fuel Tech (FTEK) Operating Expenses (2010 - 2026)

Fuel Tech's (FTEK) quarterly Operating Expenses came in at $8.0 million in Q2 2026, up 17.24% on a YoY basis from $6.9 million in Q2 2025, and up 4.87% quarter-over-quarter from $7.7 million in Q1 2026.

Analysis

Fuel Tech (FTEK) Operating Expenses (2010 - 2026) Analysis & Trends

Fuel Tech (FTEK) has reported Operating Expenses for 17 consecutive years, with $8.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 17.24% year-over-year to $8.0 million; the trailing twelve-month figure through Jun 2026 stood at $31.9 million (up 7.61% YoY), and the FY2025 full-year result was $30.4 million, up 1.75% from the prior year.
  • Operating Expenses grew to $8.0 million in Q2 2026 per FTEK's latest filing, from $7.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $8.7 million in Q4 2025 and bottomed at $6.5 million in Q1 2022.
  • Historically, Operating Expenses has averaged $7.5 million across 5 years, with a median of $7.4 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses gained 21.87% in 2023, then declined 16.31% in 2024.
  • Over 5 years, Operating Expenses stood at $7.3 million in 2022, then dropped by 1.72% to $7.1 million in 2023, then rose by 3.54% to $7.4 million in 2024, then grew by 17.21% to $8.7 million in 2025, then fell by 7.17% to $8.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $8.0 million, $7.7 million, and $8.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Ceco Environmental 3.31 Bn 3.25 Bn 86.47 Mn 109.35 Mn
2 LanzaTech Global 69.96 Mn 24.99 Mn 5.24 Mn 18.89 Mn
3 Fuel Tech 51.29 Mn 31.68 Mn 2.68 Mn 8.05 Mn
4 374Water 43.09 Mn 43.09 Mn 1.98 Mn 3.60 Mn
5 Birchtech 27.20 Mn 15.36 Mn 1.03 Mn 2.66 Mn
6 ClearSign Technologies 24.66 Mn 14.77 Mn 228,000.00 1.73 Mn
7 Liqtech International 14.28 Mn -1.38 Mn 365,539.00 2.70 Mn
8 TOMI Environmental Solutions 13.07 Mn 12.52 Mn 1.39 Mn 1.63 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 8.05 Mn
Mar 31, 2026 7.68 Mn
Dec 31, 2025 8.67 Mn
Sep 30, 2025 7.49 Mn
Jun 30, 2025 6.87 Mn
Mar 31, 2025 7.33 Mn
Dec 31, 2024 7.40 Mn
Sep 30, 2024 8.03 Mn
Jun 30, 2024 7.76 Mn
Mar 31, 2024 6.65 Mn
Dec 31, 2023 7.15 Mn
Sep 30, 2023 7.86 Mn
Jun 30, 2023 6.79 Mn
Mar 31, 2023 7.95 Mn
Dec 31, 2022 7.27 Mn
Sep 30, 2022 7.83 Mn
Jun 30, 2022 6.85 Mn
Mar 31, 2022 6.52 Mn
Dec 31, 2021 6.67 Mn
Sep 30, 2021 6.98 Mn