FTEK Q3 2025 Earnings — Fuel Tech, Inc. Revenue & Financial Results | Market Cap Arena

FTEKFuel Tech, Inc.

$40M

Q3 2025 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$7M-4.6% YoY

Gross Profit

$4M48.9% margin

Operating Income

$4,0000.1% margin

Net Income

$303,0004.0% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+34.8%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$3M

Stock-Based Comp.

$57,000

Balance Sheet

Total Assets

$48M

Total Liabilities

$7M

Stockholders' Equity

$41M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7M	$8M	-4.6%
Gross Profit	$4M	$3M	+7.5%
Operating Income	$4,000	-$179,000	+102.2%
Net Income	$303,000	$80,000	+278.8%

Revenue Segments

FUEL CHEM

$5M80%

Air Pollution Control

$1M20%

Geographic Segments

UNITED STATES

$6M60%

Non-US

$2M20%

Asia

$932,00010%

Europe

$698,0007%

Latin America

$166,0002%

Africa

$68,0001%