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Fuel Tech FTEK FUELCHEM — Research And Development Expense

Other segment segments

Air Pollution Control
-$0

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Other financials

Income statement

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Revenue$6.1M-4.7%
Gross profit$3.1M+16.6%
Operating income-$920.3K+21.7%
Net income-$1.4M-133%
EPS (diluted)-$0.02-33.3%

Balance sheet

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Cash & equivalents$9.1M-22.9%
Total debt$557.0K-8.2%
Total equity$38.6M-7.0%
Total assets$44.5M-4.8%

Cash flow

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Operating cash flow-$847.0K-156%
CapEx$322.0K+395%
Free cash flow-$1.2M-181%

Valuation

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Market cap$68.88M-24.9%
Enterprise value$60.32M-26.4%
P/S2.6×-1.0×

Profitability

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Gross margin46.4%+4.2pp
Operating margin-13.8%-2.9pp
Net margin-11.7%+13.3pp
FCF margin-9.5%

Returns & leverage

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Return on equity-7.7%+12.8pp
Debt / equity0.0×
Current ratio5.4×-1.4×

Where this comes from

Reported directly by Fuel Tech in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Fuel Tech’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fuel Tech's FUELCHEM — research and development expense?
Fuel Tech (FTEK) reported FUELCHEM — research and development expense of -$0 in Q1 2026.
What does FUELCHEM — research and development expense mean?
This metric tracks the investment made by the business segment into innovation, product development, and technological advancement. It represents the capital allocated to future growth and maintaining a competitive edge in the market. High spending in this area suggests a commitment to long-term product evolution and market leadership.