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FUEL TECH, INC.

FUEL TECH, INC.FTEKEarnings & Financial Report

Nasdaq

Rocket Fuel was an ad technology company based in Redwood City, California. It was founded in 2008 by alumni of Yahoo!.

NextMar 13, 2026

FTEK Q3 2025 Key Financial Metrics

Revenue

$7.5M

Gross Profit

$3.7M

Operating Profit

$4.0K

Net Profit

$303.0K

Gross Margin

48.9%

Operating Margin

0.1%

Net Margin

4.0%

YoY Growth

-4.6%

EPS

$0.01

Financial Flow

FUEL TECH, INC. Q3 2025 Financial Summary

FUEL TECH, INC. reported revenue of $7.5M for Q3 2025, with a net profit of $303.0K (4.0% margin). Cost of goods sold was $3.8M, operating expenses totaled $3.7M.

Key Financial Metrics

Total Revenue$7.5M
Net Profit$303.0K
Gross Margin48.9%
Operating Margin0.1%
Report PeriodQ3 2025

FUEL TECH, INC. Annual Revenue by Year

FUEL TECH, INC. annual revenue history includes year-by-year totals (for example, 2024 revenue was $25.1M).

YearAnnual Revenue
2024$25.1M
2023$27.1M
2022$26.9M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$6.3M$5.0M$7.0M$7.9M$5.3M$6.4M$5.6M$7.5M
YoY Growth-9.6%-32.0%29.0%-1.7%-16.7%28.7%-21.1%-4.6%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$50.4M$49.4M$49.0M$50.1M$48.8M$46.7M$47.0M$47.9M
Liabilities$6.7M$5.5M$5.4M$6.3M$6.8M$5.3M$6.3M$6.9M
Equity$43.7M$44.0M$43.6M$43.9M$42.0M$41.4M$40.7M$41.0M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$305000$-1.1M$-1.6M$879000$-1.6M$1.5M$-21000$3.1M