What is Fuel Tech's SG&A?

Fuel Tech (FTEK) reported SG&A of $3.51M in Q4 2025.

How has Fuel Tech's SG&A changed year-over-year?

Fuel Tech's SG&A increased by 2.1% year-over-year, from $3.44M to $3.51M.

What is the long-term trend for Fuel Tech's SG&A?

Over 4 years (2021 to 2025), Fuel Tech's SG&A has grown at a 3.9% compound annual growth rate (CAGR), from $12.06M to $14.05M.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Fuel Tech FTEK SG&A

Discontinued — last reported Q4 '25

SG&A at other companies

Ceco EnvironmentalCECO

$46.09M-13.9%

Babcock & Wilcox EnterprisesBW

$44.38M+56.8%

Arq, Inc.ARQ

$7.37M+21.7%

Flotek IndustriesFTK

$6.93M+10.2%

InnospecIOSP

$78.5M+13.3%

PhiniaPHIN

$115M+7.5%

Segments

By segment

See full

Air Pollution Control-$0—

FUELCHEM-$0—

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

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

See full

Market cap$68.88M-24.9%

Enterprise value$60.32M-26.4%

P/S2.6×-1.0×

Profitability

See full

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

Reported directly by Fuel Tech in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

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 SG&A?: Fuel Tech (FTEK) reported SG&A of $3.51M in Q4 2025.
How has Fuel Tech's SG&A changed year-over-year?: Fuel Tech's SG&A increased by 2.1% year-over-year, from $3.44M to $3.51M.
What is the long-term trend for Fuel Tech's SG&A?: Over 4 years (2021 to 2025), Fuel Tech's SG&A has grown at a 3.9% compound annual growth rate (CAGR), from $12.06M to $14.05M.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.