Fuel Tech (FTEK) Research & Development (2010 - 2026)
Fuel Tech (FTEK) reported Research & Development of $524000.0 for Q1 2026, down 8.07% on a YoY basis from $570000.0 in Q1 2025, and up 3.97% quarter-over-quarter from $504000.0 in Q4 2025.
Fuel Tech (FTEK) Research & Development (2010 - 2026) Analysis & Trends
Fuel Tech has reported Research & Development for 17 years, with the latest figure at $524000.0 in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 8.07% year-over-year to $524000.0; the trailing twelve-month figure through Mar 2026 stood at $2.0 million (up 11.95% YoY), and the FY2025 full-year result was $2.0 million, up 28.77% from the prior year.
- Research & Development for Q1 2026 stood at $524000.0, up from $504000.0 in the prior quarter.
- The five-year high for Research & Development was $570000.0 in Q1 2025, with the low at $179000.0 in Q4 2022.
- Historically, Research & Development has averaged $382823.5 across 5 years, with a median of $405000.0 in 2024.
- Annual changes were most pronounced in 2022 — Research & Development tumbled 46.99% — and 2023, when it soared 147.83%.
- Fuel Tech's Research & Development stood at $179000.0 in 2022, then surged by 105.03% to $367000.0 in 2023, then gained by 10.35% to $405000.0 in 2024, then grew by 24.44% to $504000.0 in 2025, then advanced by 3.97% to $524000.0 in 2026.
- The last three Research & Development figures came in at $524000.0 (Q1 2026), $504000.0 (Q4 2025), and $450000.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Aduro Clean Technologies | 856.39 Bn | 856.36 Bn | - | 1.22 Mn |
| 2 | Veralto | 20.76 Bn | 19.33 Bn | 854.00 Mn | 68.00 Mn |
| 3 | Zurn Elkay Water Solutions | 8.35 Bn | 8.08 Bn | 205.80 Mn | - |
| 4 | Federal Signal | 7.20 Bn | 7.13 Bn | 179.40 Mn | - |
| 5 | Ceco Environmental | 3.52 Bn | 3.48 Bn | 63.92 Mn | - |
| 6 | PureCycle Technologies | 1.57 Bn | 1.47 Bn | - | 1.56 Mn |
| 7 | Energy Recovery | 497.64 Mn | 411.49 Mn | 2.70 Mn | 2.79 Mn |
| 8 | CleanCore Solutions | 210.18 Mn | 193.13 Mn | -419,259.00 | - |
| 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 | 524,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 315,000.00 |