The earnings call reflected a balanced perspective with notable achievements in financial positioning and growth prospects in emerging technologies, particularly in AI data centers. However, this was offset by challenges such as a decline in revenue, increased operating loss, and reduced revenue guidance, leading to an overall neutral sentiment.

Company Guidance

In the Fuel Tech Inc. 2025 Second Quarter Financial Results Conference Call, the company provided several key metrics and guidance for the year. The company’s second-quarter revenues declined to $5.6 million from $7 million in the previous year, primarily due to lower APC segment revenues, which fell to $2.5 million from $3.9 million. The FUEL CHEM segment, however, remained flat at $3.1 million. Fuel Tech reported a consolidated gross margin increase to 46% from 42%, with the FUEL CHEM segment gross margin slightly rising to 47%. The company ended the quarter with cash, cash equivalents, and investments totaling nearly $31 million and no long-term debt. Looking forward, the company expects its FUEL CHEM revenues to reach $15 million to $16 million for 2025 and anticipates recognizing approximately $5 million of its $7.8 million backlog over the next 12 months. Fuel Tech reduced its overall revenue guidance for 2025 to a range of $28 million to $29 million, citing uncertainties in the timing of APC awards. However, they expressed optimism about significant opportunities in the AI-related data center infrastructure, with a pipeline of approximately $100 million in bids outstanding for their APC emissions control solutions.

Strong Financial Position

Fuel Tech ended the quarter with nearly $31 million in cash, cash equivalents, and investments, and no long-term debt.

Optimistic Growth in APC and FUEL CHEM

Expecting $2.5 million to $3 million in new APC awards by the end of August, and FUEL CHEM segment is on track to achieve $15 million to $16 million in revenue for 2025.

Increase in Gross Margin

Consolidated gross margin rose to 46% from 42% in the previous year, driven by segment contribution mix.

Dissolved Gas Infusion Technology Demonstration

Commenced an extended demonstration at a fish hatchery in the Western U.S., expected to last until 2026.

Strong Pipeline in AI Data Centers

Significant bid pipeline for APC emissions control solutions driven by AI and data center infrastructure, approximating $100 million.

Fuel Tech (FTEK) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

FTEK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.01 / -	0	―	―	―
Aug 05, 2025	2025 (Q2)	-0.03 / -0.02	-0.01	-100.00% (-0.01)	―
May 12, 2025	2025 (Q1)	-0.02 / -0.02	0.01	-300.00% (-0.03)	―
Mar 04, 2025	2024 (Q4)	-0.03 / -0.06	-0.02	-200.00% (-0.04)	―
Nov 06, 2024	2024 (Q3)	0.01 / 0.00	0.01	―	―
Aug 06, 2024	2024 (Q2)	-0.02 / -0.01	-0.03	66.67% (+0.02)	―
May 07, 2024	2024 (Q1)	-0.01 / 0.01	-0.01	200.00% (+0.02)	―
Mar 11, 2024	2023 (Q4)	-0.03 / -0.02	-0.01	-100.00% (-0.01)	―
Nov 07, 2023	2023 (Q3)	0.00 / 0.01	0.01	0.00% (0.00)	―
Aug 08, 2023	2023 (Q2)	-0.02 / -0.03	-0.01	-200.00% (-0.02)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FTEK Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$2.96	$2.94	-0.68%
May 12, 2025	$0.96	$1.07	+11.46%
Mar 04, 2025	$0.97	$1.02	+5.15%
Nov 06, 2024	$1.03	$1.02	-0.97%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Fuel Tech (FTEK) report earnings?

Fuel Tech (FTEK) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).

What is Fuel Tech (FTEK) earnings time?

Fuel Tech (FTEK) earnings time is at Nov 11, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FTEK EPS forecast?

FTEK EPS forecast for the fiscal quarter 2025 (Q3) is 0.01.

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