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

Fuel Tech (FTEK) reported Operating Income of -$1.6 million for Q1 2026, down 67.65% on a YoY basis from -$4.9 million in Q1 2025, and down 12.0% quarter-over-quarter from -$1.4 million in Q4 2025.

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

Fuel Tech has reported Operating Income for 17 years, with the latest figure 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.
  • The five-year high for Operating Income was $192000.0 in Q3 2022, with the low at -$2.1 million in Q4 2024.
  • Historically, Operating Income has averaged -$833176.5 across 5 years, with a median of -$801000.0 in 2023.
  • Annual changes were most pronounced in 2024 — Operating Income slumped 234.59% — and 2025, when it soared 102.23%.
  • Fuel Tech's Operating Income stood at -$250000.0 in 2022, then slumped by 220.4% to -$801000.0 in 2023, then sank by 164.17% to -$2.1 million in 2024, then jumped by 32.66% to -$1.4 million in 2025, then fell 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 Aduro Clean Technologies 856.39 Bn 856.36 Bn - -
2 Veralto 20.76 Bn 19.33 Bn 854.00 Mn 338.00 Mn
3 Zurn Elkay Water Solutions 8.35 Bn 8.08 Bn 205.80 Mn 82.10 Mn
4 Federal Signal 7.20 Bn 7.13 Bn 179.40 Mn 99.70 Mn
5 Ceco Environmental 3.52 Bn 3.48 Bn 63.92 Mn 1.88 Mn
6 PureCycle Technologies 1.57 Bn 1.47 Bn - -41.80 Mn
7 Energy Recovery 497.64 Mn 411.49 Mn 2.70 Mn -14.86 Mn
8 CleanCore Solutions 210.18 Mn 193.13 Mn -419,259.00 -18.98 Mn
9 Arq 118.94 Mn 114.26 Mn 9.94 Mn -982,000.00
10 Fuel Tech 4.36 Mn -17.22 Mn 2.64 Mn -1.60 Mn

Historic Data

Download Data
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