Fuel Tech (FTEK) Operating Income (2009 - 2026)
Fuel Tech (FTEK) recorded Operating Income of -$523,000 in Q3 2026, compared with $4,000 a year earlier.
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Analysis
Fuel Tech (FTEK) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Fuel Tech's Operating Income came in at -$5.11 million as of Sep 30, 2026; for FY2025, it came in at -$3.68 million.
- Across earlier years, Operating Income came in at -$4.7 million in FY2024, -$2.66 million in FY2023, -$1.53 million in FY2022 and -$1.49 million in FY2021.
- Quarterly Operating Income has ranged from -$2.12 million in Q4 2024 to $192,000 in Q3 2022 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$1.57 million (Q2 2026), -$1.6 million (Q1 2026) and -$1.43 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.84 Bn | 78.85 Bn | 2.07 Bn | 810.50 Mn |
| 2 | Veralto | 28.78 Bn | 21.41 Bn | 908.00 Mn | 298.00 Mn |
| 3 | Xylem | 22.22 Bn | 18.19 Bn | 907.00 Mn | 385.00 Mn |
| 4 | Badger Meter | 4.49 Bn | 3.89 Bn | 98.85 Mn | 47.74 Mn |
| 5 | Ceco Environmental | 3.04 Bn | 2.84 Bn | 130.10 Mn | 10.52 Mn |
| 6 | NWPX Infrastructure | 868.49 Mn | 826.57 Mn | 38.19 Mn | 24.31 Mn |
| 7 | Energy Recovery | 373.27 Mn | 35.71 Mn | 4.20 Mn | -9.80 Mn |
| 8 | Cadiz | 280.26 Mn | 245.37 Mn | -24,000.00 | -8.84 Mn |
| 9 | AirJoule Technologies | 174.57 Mn | 54.19 Mn | - | -4.11 Mn |
| 10 | Fuel Tech | 42.77 Mn | -41.13 Mn | 3.91 Mn | -523,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -523,000.00 |
| Jun 30, 2026 | -1.57 Mn |
| 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 |
API Access
Fuel Tech Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=FTEK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "FTEK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=FTEK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();