Growth Metrics

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

Fuel Tech posted quarterly Operating Income of -$1.6 million for Q1 2026, down 67.65% year-on-year from -$4.9 million in Q1 2025, and down 12.0% on a QoQ basis from -$1.4 million in Q4 2025.

Fuel Tech (FTEK) has 17 years of Operating Income data on file, last reported at -$1.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 67.65% year-over-year to -$1.6 million; the trailing twelve-month figure through Mar 2026 stood at -$4.3 million (down 9.16% YoY), and the FY2025 full-year result was -$3.7 million, up 21.71% from the prior year.
  • Operating Income for Q1 2026 stood at -$1.6 million, down from -$1.4 million in the prior quarter.
  • Across five years, Operating Income topped out at $192000.0 in Q3 2022 and bottomed at -$2.1 million in Q4 2024.
  • The 5-year median for Operating Income is -$801000.0 (2023), against an average of -$833176.5.
  • The widest annual swing landed in 2024, when Operating Income plunged 234.59%; it then soared 102.23% in 2025.
  • A 5-year view of Operating Income shows it stood at -$250000.0 in 2022, then sank by 220.4% to -$801000.0 in 2023, then plunged by 164.17% to -$2.1 million in 2024, then surged by 32.66% to -$1.4 million in 2025, then retreated by 12.0% to -$1.6 million in 2026.
  • The last three Operating Income figures came in at -$1.6 million (Q1 2026), -$1.4 million (Q4 2025), and $4000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Veralto 20.72 Bn 19.29 Bn 854.00 Mn 338.00 Mn
2 Zurn Elkay Water Solutions 7.83 Bn 7.56 Bn 205.80 Mn 82.10 Mn
3 Federal Signal 6.47 Bn 6.40 Bn 179.40 Mn 99.70 Mn
4 Ceco Environmental 2.82 Bn 2.78 Bn 63.92 Mn 1.88 Mn
5 PureCycle Technologies 2.21 Bn 2.11 Bn - -41.80 Mn
6 Euro Tech Holdings 1.36 Bn 1.34 Bn - -
7 Energy Recovery 421.81 Mn 335.66 Mn 2.70 Mn -14.86 Mn
8 CleanCore Solutions 173.22 Mn 156.17 Mn -419,259.00 -18.98 Mn
9 Arq 116.43 Mn 111.76 Mn 9.94 Mn -982,000.00
10 Fuel Tech 4.19 Mn -17.39 Mn 2.64 Mn -1.60 Mn

Historic Data

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DateValue
Mar 31, 2026 -1.60 Mn
Dec 31, 2025 -1.43 Mn
Sep 30, 2025 4,000.00
Jun 30, 2025 -1.31 Mn
Mar 31, 2025 -952,000.00
Dec 31, 2024 -2.12 Mn
Sep 30, 2024 -179,000.00
Jun 30, 2024 -715,000.00
Mar 31, 2024 -1.69 Mn
Dec 31, 2023 -801,000.00
Sep 30, 2023 133,000.00
Jun 30, 2023 -1.33 Mn
Mar 31, 2023 -658,000.00
Dec 31, 2022 -250,000.00
Sep 30, 2022 192,000.00
Jun 30, 2022 -485,000.00
Mar 31, 2022 -984,000.00
Dec 31, 2021 -221,000.00
Sep 30, 2021 578,000.00
Jun 30, 2021 -689,000.00
Mar 31, 2021 -1.16 Mn
Dec 31, 2020 -1.67 Mn
Sep 30, 2020 2.44 Mn
Jun 30, 2020 -2.42 Mn
Mar 31, 2020 -2.68 Mn
Dec 31, 2019 -4.73 Mn
Sep 30, 2019 -1.36 Mn
Jun 30, 2019 -843,000.00
Mar 31, 2019 -1.31 Mn
Dec 31, 2018 867,000.00
Sep 30, 2018 1.05 Mn
Jun 30, 2018 -1.62 Mn
Mar 31, 2018 -184,000.00
Dec 31, 2017 447,000.00
Sep 30, 2017 -134,000.00
Jun 30, 2017 -5.60 Mn
Mar 31, 2017 -1.78 Mn
Dec 31, 2016 -6.39 Mn
Sep 30, 2016 -2.25 Mn
Jun 30, 2016 -1.48 Mn
Mar 31, 2016 -2.59 Mn
Dec 31, 2015 19,000.00
Sep 30, 2015 -795,000.00
Jun 30, 2015 -2.25 Mn
Mar 31, 2015 -2.41 Mn
Dec 31, 2014 -24.80 Mn
Sep 30, 2014 1.44 Mn
Jun 30, 2014 -671,000.00
Mar 31, 2014 -1.14 Mn
Dec 31, 2013 496,000.00
Sep 30, 2013 5.34 Mn
Jun 30, 2013 2.13 Mn
Mar 31, 2013 41,000.00
Dec 31, 2012 917,000.00
Sep 30, 2012 1.60 Mn
Jun 30, 2012 188,000.00
Mar 31, 2012 2.49 Mn
Dec 31, 2011 2.99 Mn
Sep 30, 2011 2.91 Mn
Jun 30, 2011 945,000.00
Mar 31, 2011 945,000.00
Dec 31, 2010 2.32 Mn
Sep 30, 2010 1.48 Mn
Jun 30, 2010 -348,000.00