What is Fuel Tech's gross profit?

Fuel Tech (FTEK) reported gross profit of $3.1M in Q4 2025.

How has Fuel Tech's gross profit changed year-over-year?

Fuel Tech's gross profit increased by 16.6% year-over-year, from $2.66M to $3.1M.

What is the long-term trend for Fuel Tech's gross profit?

Over 4 years (2021 to 2025), Fuel Tech's gross profit has grown at a 1.0% compound annual growth rate (CAGR), from $11.9M to $12.38M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Fuel Tech FTEK Gross Profit

Discontinued — last reported Q4 '25

Gross Profit at other companies

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$63.92M-89.9%

Babcock & Wilcox EnterprisesBW

$43.46M+56.5%

Arq, Inc.ARQ

$9.94M+0.2%

Flotek IndustriesFTK

$15.54M+24.8%

InnospecIOSP

$123.5M-1.3%

PhiniaPHIN

$188M+9.3%

Segments

By segment

See full

FUELCHEM$2.53M—

Air Pollution Control$615K+44.7%

Other financials

Income statement

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Revenue$6.1M-4.7%

Operating income-$920.3K+21.7%

Net income-$1.4M-133%

EPS (diluted)-$0.02-33.3%

Balance sheet

See full

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

See full

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-11.2%

Enterprise value$60.32M-10.8%

P/S2.6×-0.5×

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

See full

Return on equity-7.7%+12.8pp

Debt / equity0×0.0×

Current ratio5.4×-1.4×

Where this comes from

Calculated from Fuel Tech’s reported figures.

$7.2Mtotal revenue−$3.6Mtotal cost of revenue=$3.1M

The official record: Fuel Tech’s 10-K, filed March 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fuel Tech's gross profit?: Fuel Tech (FTEK) reported gross profit of $3.1M in Q4 2025.
How has Fuel Tech's gross profit changed year-over-year?: Fuel Tech's gross profit increased by 16.6% year-over-year, from $2.66M to $3.1M.
What is the long-term trend for Fuel Tech's gross profit?: Over 4 years (2021 to 2025), Fuel Tech's gross profit has grown at a 1.0% compound annual growth rate (CAGR), from $11.9M to $12.38M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.