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Fuel Tech FTEK Q2 2025 earnings

Reported August 5, 2025 · After market close

Revenue$5.6MMiss by $528.0K
EPS-$0.02Beat by $0.01
Revenue estimate$6.1M
EPS estimate-$0.03

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$6.6M
EPS estimate-$0.02

Financials

Q2 2025

Income statement

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Revenue$5.6M-21.1%
Gross profit$3.1M+16.6%
Operating income-$920.3K+21.7%
Net income-$581.0K-19.6%
EPS (diluted)-$0.02-33.3%

Balance sheet

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Cash & equivalents$10.6M+1.8%
Total debt$620.0K+5.3%
Total equity$40.7M-6.7%
Total assets$47.0M-4.1%

Cash flow

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CapEx$36.0K-60.0%

Valuation & ratios

Valuation

as of 06/30/25
See full
Market cap$72.33M+122%
Enterprise value$62.36M+175%
P/S2.9×+1.6×

Profitability

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Gross margin45.9%+3.6pp
Operating margin-16.7%+4.1pp
Net margin-8.5%+3.4pp

Returns & leverage

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Return on equity-5.1%+1.9pp
Debt / equity0.0×
Current ratio5.8×-0.9×

Segments

By geography

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US$4.4M-0.6%
Europe$707.0K-43.5%
Pacific Rim And Other Geographical Areas$597.8K+41.4%
Asia$188.0K-68.1%
Americas$176.8K-23.5%

By product

See full
Technology Solutions$4.7M-17.8%
Ancillary Revenue$436.0K-17.0%
Spare Parts$425.0K-47.2%

By segment

See full
Air Pollution Control$2.5M-36.6%

Versus estimates

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Questions, answered.

When did Fuel Tech report Q2 2025 earnings?
Fuel Tech (FTEK) reported Q2 2025 earnings on August 5, 2025 after market close.
What were Fuel Tech's Q2 2025 revenue and EPS?
Fuel Tech reported revenue of $5.6M and eps of $-0.02 for Q2 2025.
Did Fuel Tech beat estimates in Q2 2025?
Revenue missed the consensus estimate of $6.1M by $528.0K. EPS beat the consensus estimate of $-0.03 by $0.01.
How did Fuel Tech's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 21.1% from $7.0M a year earlier and eps declined 100.0% from $-0.01.
Where can I find Fuel Tech's Q2 2025 SEC filings?
You can read the 10-Q periodic report (0001437749-25-024873) directly on SEC EDGAR. The filing index links above go to sec.gov.