Fuel Tech (FTEK) reported second-quarter 2026 revenue of $6.5 million, up 17% from $5.6 million a year earlier, with increases in both its Air Pollution Control and FUEL CHEM segments.
The company posted a Q2 net loss of $1.2 million, or $0.04 per share, compared with a net loss of $0.7 million, or $0.02 per share, in the prior-year quarter. Fuel Tech also said Ramesh Nuggihalli will succeed Vincent J. Arnone as president and CEO effective August 10, 2026.
- APC segment revenue rose 11% to $2.8 million in Q2 2026.
- FUEL CHEM segment revenue rose 21% to $3.7 million.
- Consolidated gross margin declined to 41% of revenue from 46% a year earlier.
- APC backlog was $14.3 million at June 30, 2026, compared with $7.0 million at December 31, 2025.
- Cash, cash equivalents and investments totaled about $30 million, and the company reported no long-term debt.
$FTEK Insider Trading Activity
$FTEK insiders have traded $FTEK stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $FTEK stock by insiders over the last 6 months:
- VINCENT J ARNONE (President & CEO) purchased 10,000 shares for an estimated $12,400
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$FTEK Hedge Fund Activity
We have seen 13 institutional investors add shares of $FTEK stock to their portfolio, and 17 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PEAPOD LANE CAPITAL LLC added 341,750 shares (+71.4%) to their portfolio in Q2 2026, for an estimated $755,267
- CITADEL ADVISORS LLC removed 282,618 shares (-56.1%) from their portfolio in Q1 2026, for an estimated $344,793
- RENAISSANCE TECHNOLOGIES LLC added 259,811 shares (+22.6%) to their portfolio in Q1 2026, for an estimated $316,969
- JANE STREET GROUP, LLC removed 189,985 shares (-72.9%) from their portfolio in Q1 2026, for an estimated $231,781
- TWO SIGMA INVESTMENTS, LP added 111,919 shares (+88.7%) to their portfolio in Q1 2026, for an estimated $136,541
- MARQUETTE ASSET MANAGEMENT, LLC added 110,509 shares (+inf%) to their portfolio in Q2 2026, for an estimated $244,224
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 97,884 shares (-41.1%) from their portfolio in Q1 2026, for an estimated $119,418
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
