Quick Answer
FUEL TECH, INC. reported Total Revenue of $26.68 million for fiscal year 2025.
FUEL TECH, INC. — Key Financials by Year
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total Revenue | $26.68M +6.1% |
$25.13M -7.2% |
$27.08M +0.5% |
$26.94M +11.0% |
$24.26M +7.6% |
$22.55M -26.0% |
| Revenue (ASC 606) | $26.68M +6.1% |
$25.13M -7.2% |
$27.08M +0.5% |
$26.94M +11.0% |
$24.26M +7.6% |
$22.55M -26.0% |
| Net Income | -$2.32M -19.6% |
-$1.94M -26.3% |
-$1.54M -6.7% |
-$1.44M -2770.4% |
$54.0K +101.3% |
-$4.28M +45.5% |
| Diluted EPS | -$0.08 -33.3% |
-$0.06 -20.0% |
-$0.05 +0.0% |
-$0.05 | $0.00 +100.0% |
-$0.17 +46.9% |
| Total Assets | $47.18M -3.3% |
$48.80M -3.2% |
$50.39M +0.5% |
$50.12M +0.3% |
$49.97M +66.1% |
$30.09M -4.8% |
| Cash and Equivalents | $11.94M +40.3% |
$8.51M -51.6% |
$17.58M -24.6% |
$23.33M -35.0% |
$35.89M +237.3% |
$10.64M -2.5% |
| Long-Term Debt | — | — | — | — | $0.00 -100.0% |
$1.56M |
| Stockholders Equity | $39.93M -4.8% |
$41.95M -4.0% |
$43.71M -2.5% |
$44.84M -2.9% |
$46.20M +107.0% |
$22.32M -14.7% |
| R&D Expense | $2.01M +28.8% |
$1.56M +3.5% |
$1.51M +68.8% |
$895.0K -32.8% |
$1.33M +13.2% |
$1.18M +4.4% |
| Operating Income | -$3.68M +21.7% |
-$4.70M -76.9% |
-$2.66M -74.1% |
-$1.53M -2.6% |
-$1.49M +65.7% |
-$4.34M +47.4% |
| Shares Outstanding | 31.07M +1.2% |
30.71M +1.1% |
30.39M +0.3% |
30.30M +0.1% |
30.26M +20.0% |
25.23M +2.6% |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Total Revenue | September 30, 2025 | $7.49M | -4.6% | +34.8% |
| Revenue (ASC 606) | September 30, 2025 | $7.49M | -4.6% | +34.8% |
| Net Income | September 30, 2025 | $303.0K | +278.8% | +144.0% |
| Diluted EPS | September 30, 2025 | $0.01 | — | +150.0% |
| Total Assets | September 30, 2025 | $47.91M | -4.4% | +1.9% |
| Cash and Equivalents | September 30, 2025 | $13.68M | +11.4% | +29.2% |
| Long-Term Debt | September 30, 2021 | $0.00 | -100.0% | — |
| Stockholders Equity | September 30, 2025 | $41.01M | -6.5% | +0.9% |
| R&D Expense | September 30, 2025 | $450.0K | +24.7% | -8.2% |
| Operating Income | September 30, 2025 | $4.0K | +102.2% | +100.3% |
| Shares Outstanding | September 30, 2025 | 31.07M | +1.2% | +0.0% |
- FUEL TECH, INC. reported Total Revenue of $26.68 million for fiscal year 2025.
- FUEL TECH, INC. showed an increase of +6.1% in Total Revenue compared to the prior fiscal year.
- FUEL TECH, INC. reported Revenue (ASC 606) of $26.68 million for fiscal year 2025.
- FUEL TECH, INC. showed an increase of +6.1% in Revenue (ASC 606) compared to the prior fiscal year.
- FUEL TECH, INC. reported Net Income of -$2.32 million for fiscal year 2025.
- FUEL TECH, INC. showed a decrease of -19.6% in Net Income compared to the prior fiscal year.
- FUEL TECH, INC. reported Diluted EPS of $0.08 per share (loss) for fiscal year 2025.
- FUEL TECH, INC. showed a decrease of -33.3% in Diluted EPS compared to the prior fiscal year.
- FUEL TECH, INC. reported Total Assets of $47.18 million for fiscal year 2025.
- FUEL TECH, INC. showed a decrease of -3.3% in Total Assets compared to the prior fiscal year.
- FUEL TECH, INC. reported Cash and Equivalents of $11.94 million for fiscal year 2025.
- FUEL TECH, INC. showed an increase of +40.3% in Cash and Equivalents compared to the prior fiscal year.
- FUEL TECH, INC. reported Long-Term Debt of $0.00 for fiscal year 2021.
- FUEL TECH, INC. showed a decrease of -100.0% in Long-Term Debt compared to the prior fiscal year.
- FUEL TECH, INC. reported Stockholders Equity of $39.93 million for fiscal year 2025.
- FUEL TECH, INC. showed a decrease of -4.8% in Stockholders Equity compared to the prior fiscal year.
- FUEL TECH, INC. reported R&D Expense of $2.01 million for fiscal year 2025.
- FUEL TECH, INC. showed an increase of +28.8% in R&D Expense compared to the prior fiscal year.
- FUEL TECH, INC. reported Operating Income of -$3.68 million for fiscal year 2025.
- FUEL TECH, INC. showed an increase of +21.7% in Operating Income compared to the prior fiscal year.
- FUEL TECH, INC. reported Shares Outstanding of 31.07 million shares for fiscal year 2025.
- FUEL TECH, INC. showed an increase of +1.2% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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