Fuel Tech, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was FUELCHEM at $17.8 million, 67% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was FUELCHEM at $17.8 million, 67% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
28
|
27
|
25
|
27
|
27
|
24
|
23
|
30
|
57
|
45
|
55
|
| Operating segments | |||||||||||
| FUELCHEM |
18
+9.2%
share 63.0%
|
18
+27.9%
share 66.6%
|
14
+2.2%
share 55.3%
|
14
-16.8%
share 50.2%
|
16
-5.9%
share 60.7%
|
17
+24.1%
share 71.6%
|
14
share 62.1%
|
—
|
—
|
—
|
—
|
| Air Pollution Control |
11
+27.4%
share 37.0%
|
9
-20.8%
share 33.4%
|
11
-16.6%
share 44.7%
|
13
+27.2%
share 49.8%
|
11
+53.7%
share 39.3%
|
7
-19.4%
share 28.4%
|
9
share 37.9%
|
—
|
—
|
—
|
—
|
| Sales mix | |||||||||||
| FUELCHEM |
18
+9.2%
share 63.0%
|
18
+27.9%
share 66.6%
|
14
+2.2%
share 55.3%
|
14
-16.8%
share 50.2%
|
16
-5.9%
share 60.7%
|
17
+24.1%
share 71.6%
|
14
share 62.1%
|
—
|
—
|
—
|
—
|
| Technology Solutions |
8
+72.4%
share 27.3%
|
5
-31.4%
share 20.3%
|
8
-16.8%
share 31.4%
|
9
+19.7%
share 35.1%
|
8
+89.4%
share 29.5%
|
4
-26.1%
share 17.3%
|
6
share 25.1%
|
—
|
—
|
—
|
—
|
| Spare Parts |
1
-12.5%
share 5.2%
|
2
+7.6%
share 6.5%
|
2
-27.8%
share 6.4%
|
2
+145.8%
share 8.3%
|
1
-19.9%
share 3.4%
|
1
+25.6%
share 4.7%
|
1
share 4.0%
|
—
|
—
|
—
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Industrial & Commercial Fans & Blowers & Air Purifing Equip (SIC 3564)
- Listed as
- FTEK (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Warrenville, IL
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 846913
- Former names
- FUEL TECH N V (until Oct 5, 2006)
Other Industrial & Commercial Fans & Blowers & Air Purifing Equip companies
- Madison Air Solutions Corp MAIR
- DONALDSON Co INC DCI
- Ceco Environmental Corp CECO
- Perma-Pipe International Holdings, Inc. PPIH
- Kronos Advanced Technologies Inc KNOS
All 6 Industrial & Commercial Fans & Blowers & Air Purifing Equip companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.