Jun 2026 (Q2 FY26) — Aug 5, 2026
FuelTech Q2 FY26 — Strong Revenue Growth and Backlog Expansion
Read the full callFuel Tech earnings: last reported Wed, 5 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 6.5 | +16.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -24.1 | −0.6 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -1.2 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
1Y: $3.08 on 14 Oct 2025 → $1.42. High $3.19 (16 Oct 2025), low $1.19 (30 Mar 2026).
Overview
Call summaries
FuelTech Q2 FY26 — Strong Revenue Growth and Backlog Expansion
Read the full callEvery analysed call
Financials
Net profit, year on year: −79% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 8 | 5 | 6 | 6 | 7 | 7 | 6 | 6 |
| Expenses | 8 | 7 | 7 | 7 | 7 | 9 | 8 | 8 |
| Operating profit | -0 | -2 | -1 | -1 | 0 | -1 | -2 | -2 |
| Operating margin | −2.3% | −40.0% | −14.9% | −23.5% | 0.1% | −19.7% | −26.3% | −24.1% |
| Interest | 0 | 0 | — | — | — | — | — | — |
| Profit before tax | 0 | -2 | -1 | -1 | 0 | -1 | -1 | -1 |
| Tax rate | 1.2% | −3.2% | 0.0% | −0.6% | 2.3% | −0.3% | 0.1% | −0.8% |
| Net profit | 0 | -2 | -1 | -1 | 0 | -1 | -1 | -1 |
| EPS ($ per share) | 0 | — | -0.02 | -0.02 | 0.01 | — | -0.04 | -0.04 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -102 | -110 | -115 | -115 | -116 | -118 | -119 | -122 |
| Total liabilities | 18 | 5 | 8 | 4 | 5 | 7 | 7 | 7 |
| Fixed assets | 6 | 6 | 5 | 5 | 4 | 5 | 5 | 5 |
| Investments | 0 | — | — | 0 | 3 | 12 | 10 | 13 |
| Total assets | 52 | 32 | 30 | 50 | 50 | 50 | 49 | 47 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 5 | -3 | -3 | 1 | -4 | 1 | -3 | 3 |
| Cash from investing | -1 | -0 | -0 | -0 | -9 | -6 | -5 | 1 |
| Cash from financing | -0 | -0 | 1 | 24 | -0 | 0 | -0 | -0 |
| Net cash flow | 4 | -5 | -1 | 24 | -14 | -6 | -9 | 3 |
| Capital expenditure | -1 | -1 | -0 | -0 | -0 | -0 | -0 | -1 |
| Free cash flow | 4 | -4 | -3 | 1 | -4 | 0 | -4 | 2 |
2 filings between Mar 6, 2026 and Sep 1, 2026.
Purchases
$14.4K
2 purchases by 2 insiders
Sales
None
No insider sold shares.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| ARNONE VINCENT J | $12.4K | — | Mar 6, 2026 |
| Nuggihalli Ramesh | $2.0K | — | Sep 1, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 1, 2026 | Nuggihalli Ramesh President & CEO | Purchase | 1,471 | $2.0K |
| Mar 6, 2026 | ARNONE VINCENT J President & CEO | Purchase | 10,000 | $12.4K |
| Jun 4, 2025 | Jones Sharon L Director | Sale | 12,627 | $21.0K |
| Mar 28, 2025 | ARNONE VINCENT J President & CEO | Purchase | 15,000 | $15.8K |
| Nov 19, 2024 | Jones Sharon L Director | Purchase | 8,014 | $8.7K |
| Nov 18, 2024 | Jones Sharon L Director | Purchase | 9,800 | $10.3K |
| Nov 15, 2024 | Jones Sharon L Director | Purchase | 4,200 | $4.4K |
| Nov 14, 2024 | Jones Sharon L Director | Purchase | 7,200 | $7.5K |
| Nov 13, 2024 | Jones Sharon L Director | Purchase | 9,100 | $9.6K |
| Nov 12, 2024 | Jones Sharon L Director | Purchase | 9,500 | $9.7K |
| Sep 12, 2024 | ARNONE VINCENT J President & CEO | Purchase | 20,000 | $20.4K |
| Sep 12, 2024 | Albrecht Ellen T Chief Financial Officer | Purchase | 5,000 | $5.0K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Free account. Everything above stays public.
Write why you follow FUEL TECH, INC. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading