What is Fuel Tech's total cost of revenue?

Fuel Tech (FTEK) reported total cost of revenue of $3.57M in Q4 2025.

How has Fuel Tech's total cost of revenue changed year-over-year?

Fuel Tech's total cost of revenue decreased by 1.5% year-over-year, from $3.63M to $3.57M.

What is the long-term trend for Fuel Tech's total cost of revenue?

Over 4 years (2021 to 2025), Fuel Tech's total cost of revenue has grown at a 3.7% compound annual growth rate (CAGR), from $12.36M to $14.29M.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Fuel Tech FTEK Total Cost of Revenue

Discontinued — last reported Q4 '25

Total Cost of Revenue at other companies

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$170.96M+41.5%

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$19.11M+10.3%

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$54.51M+27.0%

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$690M+10.6%

Segments

By segment

See full

FUELCHEM$2.55M—

Air Pollution Control$989K+12.6%

Other financials

Income statement

See full

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-11.2%

Enterprise value$60.32M-10.8%

P/S2.6×-0.5×

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:CostOfRevenue.

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 total cost of revenue?: Fuel Tech (FTEK) reported total cost of revenue of $3.57M in Q4 2025.
How has Fuel Tech's total cost of revenue changed year-over-year?: Fuel Tech's total cost of revenue decreased by 1.5% year-over-year, from $3.63M to $3.57M.
What is the long-term trend for Fuel Tech's total cost of revenue?: Over 4 years (2021 to 2025), Fuel Tech's total cost of revenue has grown at a 3.7% compound annual growth rate (CAGR), from $12.36M to $14.29M.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.