Fuel Tech FTEK
NASDAQ FTEK
$1.38 +0.00 (+0.36%)
As of: Aug 21, 2026 · 10:56 AM EDT

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

Fuel Tech's (FTEK) quarterly Operating Margin came in at 26.25% in Q1 2026, down 1133.0% YoY from 2.54% in Q1 2025, and down 33.5% on a QoQ basis from 19.66% in Q4 2025.

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

Fuel Tech (FTEK) has 17 years of Operating Margin data on file, last reported at 26.25% in Q1 2026.

  • Quarterly Operating Margin fell 1133.0% year-over-year to 26.25% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 16.4% (down 148.0% YoY) and the FY2025 annual result came in at 13.8%, up 491.0% from the prior year.
  • Operating Margin slipped to 26.25% in Q1 2026, from 19.66% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 2.39% in Q3 2022 to a low of 40.05% in Q4 2024.
  • A 5-year average of 14.23% and a median of 12.62% in 2023 frame the typical range for Operating Margin.
  • Annual changes were most pronounced in 2024 — Operating Margin slumped 2743 bps — and 2025, when it soared 2039 bps.
  • Tracing FTEK's Operating Margin over 5 years: stood at 3.56% in 2022, then sank by 255 bps to 12.62% in 2023, then sank by 217 bps to 40.05% in 2024, then soared by 51 bps to 19.66% in 2025, then tumbled by 33 bps to 26.25% in 2026.
  • The last three Operating Margin figures came in at 26.25% (Q1 2026), 19.66% (Q4 2025), and 0.05% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Veralto 24.48 Bn 22.36 Bn 902.00 Mn 21.37%
2 Zurn Elkay Water Solutions 8.17 Bn 7.81 Bn 288.30 Mn 31.02%
3 Federal Signal 7.42 Bn 7.36 Bn 203.80 Mn 17.64%
4 Ceco Environmental 3.07 Bn 3.00 Bn 86.47 Mn -11.64%
5 PureCycle Technologies 1.25 Bn 1.25 Bn - -916.09%
6 Aduro Clean Technologies 533.48 Mn 504.81 Mn - -
7 Energy Recovery 405.53 Mn 312.47 Mn 8.96 Mn -49.05%
8 Arq 94.31 Mn 93.40 Mn 11.51 Mn -0.23%
9 Fuel Tech 43.03 Mn 23.42 Mn 2.68 Mn -24.13%
10 374Water 33.25 Mn 33.25 Mn 1.98 Mn -71.70%

Historic Data

Download Data
DateValue
Jun 30, 2026 -24.13%
Mar 31, 2026 -26.25%
Dec 31, 2025 -19.66%
Sep 30, 2025 0.05%
Jun 30, 2025 -23.53%
Mar 31, 2025 -14.92%
Dec 31, 2024 -40.05%
Sep 30, 2024 -2.28%
Jun 30, 2024 -10.15%
Mar 31, 2024 -34.13%
Dec 31, 2023 -12.62%
Sep 30, 2023 1.66%
Jun 30, 2023 -24.39%
Mar 31, 2023 -9.03%
Dec 31, 2022 -3.56%
Sep 30, 2022 2.39%
Jun 30, 2022 -7.62%
Mar 31, 2022 -17.78%
Dec 31, 2021 -3.43%
Sep 30, 2021 7.65%