Fuel Tech FTEK
NASDAQ FTEK
$1.72 +0.07 (+4.24%)
At close: Sep 9, 2026 · 4:00 PM EDT

Fuel Tech (FTEK) Research & Development (2010 - 2026)

Fuel Tech's (FTEK) quarterly Research & Development came in at $646000.0 in Q2 2026, up 31.84% on a YoY basis from $490000.0 in Q2 2025, and up 23.28% quarter-over-quarter from $524000.0 in Q1 2026.

Analysis

Fuel Tech (FTEK) Research & Development (2010 - 2026) Analysis & Trends

Fuel Tech (FTEK) has reported Research & Development for 17 consecutive years, with $646000.0 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 31.84% year-over-year to $646000.0; the trailing twelve-month figure through Jun 2026 stood at $2.1 million (up 16.32% YoY), and the FY2025 full-year result was $2.0 million, up 28.77% from the prior year.
  • Research & Development climbed to $646000.0 in Q2 2026 per FTEK's latest filing, from $524000.0 in the prior quarter.
  • Across five years, Research & Development topped out at $646000.0 in Q2 2026 and bottomed at $179000.0 in Q4 2022.
  • Historically, Research & Development has averaged $397444.4 across 5 years, with a median of $409000.0 in 2023.
  • The sharpest annual moves came in 2022 and 2023: Research & Development plunged 46.99% in 2022, then jumped 147.83% in 2023.
  • Over 5 years, Research & Development stood at $179000.0 in 2022, then jumped by 105.03% to $367000.0 in 2023, then climbed by 10.35% to $405000.0 in 2024, then rose by 24.44% to $504000.0 in 2025, then gained by 28.17% to $646000.0 in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $646000.0, $524000.0, and $504000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Ceco Environmental 3.21 Bn 3.15 Bn 86.47 Mn -
2 LanzaTech Global 80.11 Mn 35.13 Mn 5.24 Mn 1.96 Mn
3 Fuel Tech 48.39 Mn 28.78 Mn 2.68 Mn 646,000.00
4 374Water 44.21 Mn 44.21 Mn 1.98 Mn 284,589.00
5 ClearSign Technologies 24.66 Mn 14.77 Mn 228,000.00 448,000.00
6 Birchtech 23.54 Mn 11.71 Mn 1.03 Mn 587,433.00
7 TOMI Environmental Solutions 13.52 Mn 12.97 Mn 1.39 Mn 38,052.00
8 Liqtech International 11.86 Mn -3.91 Mn 365,539.00 271,745.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 646,000.00
Mar 31, 2026 524,000.00
Dec 31, 2025 504,000.00
Sep 30, 2025 450,000.00
Jun 30, 2025 490,000.00
Mar 31, 2025 570,000.00
Dec 31, 2024 405,000.00
Sep 30, 2024 361,000.00
Jun 30, 2024 422,000.00
Mar 31, 2024 376,000.00
Dec 31, 2023 367,000.00
Sep 30, 2023 513,000.00
Jun 30, 2023 413,000.00
Mar 31, 2023 218,000.00
Dec 31, 2022 179,000.00
Sep 30, 2022 207,000.00
Jun 30, 2022 289,000.00
Mar 31, 2022 220,000.00
Dec 31, 2021 262,000.00
Sep 30, 2021 340,000.00