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Fuel Tech Inc. (FTEK) Releases Q4 2025 Earnings: Revenue Growth but EPS Miss

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Fuel Tech Inc. (FTEK) reported fourth-quarter 2025 results. Revenue grew 37.2% year over year to $7.25 million, while gross profit rose 44.7% to $3.23 million. The company posted an operating loss of $1.43 million and a net loss attributable to common shareholders of $448,000; diluted loss per share was -$0.04.

  • Revenue: $7.25 million (+37.2% YoY)
  • Gross profit: $3.23 million (+44.7% YoY)
  • Operating loss: $1.43 million (-32.7% YoY)
  • Net loss attributable to common shareholders: $448,000 (-76.3% YoY)
  • Diluted EPS (loss): -$0.04 (-33.3% YoY)
  • Cash and cash equivalents: $11.94 million (+40.3% YoY)
  • Operating cash flow: outflow of $1.57 million (-4.9% YoY)
  • Purchases of property, plant and equipment: $443,000 (+614.5% YoY)
  • Total liabilities: $7.25 million (+5.9% YoY)
  • Cost of sales: $4.01 million (+31.7% YoY)
  • Against consensus, revenue came in below the estimate of $7.62 million, and diluted EPS missed the estimate of -$0.03.

    Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

    Fuel Tech Inc. Hedge Fund Activity

    We have seen 24 institutional investors add shares of Fuel Tech Inc. stock to their portfolio, and 22 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

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