Fuel Tech Inc ( (FTEK) ) has released its Q3 earnings. Here is a breakdown of the information Fuel Tech Inc presented to its investors.
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Fuel Tech Inc., a technology company specializing in emissions control and water treatment solutions, has reported its financial results for the third quarter of 2025. The company operates in the utility and industrial sectors, focusing on advanced engineering processes to enhance environmental sustainability.
Fuel Tech’s third-quarter results highlight a profitable operation with expanded customer relationships in its Air Pollution Control (APC) and FUEL CHEM® segments. The company ended the quarter with a strong financial position, boasting $33.8 million in cash and investments and no debt. A strategic acquisition of intellectual property from Wahlco, Inc. was also completed to enhance its APC solutions portfolio.
Key financial metrics for the quarter include consolidated revenues of $7.5 million, a slight decline from the previous year, primarily due to delays in APC projects. However, the FUEL CHEM® segment saw increased revenues, contributing to an expanded consolidated gross margin of 48.9%. The company reported a net income of $303,000, or $0.01 per share, marking an improvement from the previous year’s $80,000.
Fuel Tech’s strategic initiatives include a demonstration program for a new FUEL CHEM customer in the U.S., with potential annual revenue of $2.5 to $3.0 million. The company is also actively pursuing opportunities in the power generation sector to support data centers and public utilities, with multiple bids outstanding for its SCR technology.
Looking ahead, Fuel Tech remains optimistic about its growth prospects, driven by rising demand for its technologies and the recent acquisition of Wahlco’s intellectual property. The company is well-positioned to address global APC needs and continue its focus on innovative solutions for emissions control and water treatment.