Company Analysis

Fuel Tech, Inc. (FTEK)

Nasdaq: FTEK · Industrial & Commercial Fans & Blowers & Air Purifing Equip · Warrenville, IL · filing with the SEC since 1997
Grade4.0
◀ Past 1.4● Present 3.5▶ Future 7.2

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 3, 2026Mar 4, 2025Mar 11, 2024Mar 7, 2023Mar 8, 2022Mar 15, 2021Mar 12, 2020Mar 14, 2019Mar 12, 2018Mar 14, 2017
Revenue26,67725,13327,08126,94124,26122,55030,46756,53545,16655,161
Cost of revenue14,29414,51015,42515,29812,36311,91219,63736,47127,14436,367
Gross profit12,38310,62311,65611,64311,89810,63810,83020,06418,02218,794
Research and development2,0141,5641,5118951,3321,1771,1271,0731,0701,752r
Selling, general and administrative14,05013,76112,80312,27512,05513,60017,19118,56420,93325,564
Total costs and expenses30,35829,83529,73928,46825,75026,88638,70756,42552,23167,185r
Operating income-3,681-4,702-2,658-1,527-1,489-4,336-8,240110-7,065-12,024r
Interest expense·0211719r4··00
Interest and investment income1,4151,2511,3002026·4161025
Other income (expense), net-431,585-90-461,570119-82-60-925
Income before income taxes-2,309-1,866-1,469-1,38868-4,221-7,837118-7,115-12,924r
Income tax expense1577695414571433-580r1,664
Income from continuing operations·····-4,278-7,85185-6,535r-14,588
Income from discontinued operations······-1-113-3,914-2,800
Net income-2,324-1,943-1,538-1,44254-4,278-7,852-28-10,449r-17,388
Earnings per share, basic-0.08-0.06-0.05-0.050.00-0.17-0.320.00-0.44r-0.01r
Earnings per share, diluted-0.08-0.06-0.05-0.050.00-0.17-0.320.00-0.44r-0.74
Weighted average shares, basic30,937,00030,572,00030,348,00030,289,00029,585,00024,691,00024,202,00024,164,00023,872,00023,365,000
Weighted average shares, diluted30,937,00030,572,00030,348,00030,289,00029,694,00024,691,00024,202,00024,164,00023,872,00023,365,000
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton FTEK · research, not advice