Fuel Tech, Inc. (FTEK)
NASDAQ: FTEK · Real-Time Price · USD
1.380
-0.020 (-1.43%)
Aug 20, 2026, 1:15 PM EDT - Market open
Fuel Tech Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 7.62 | 11.94 | 8.51 | 17.58 | 23.33 | 35.89 |
Short-Term Investments | 11.99 | 12.94 | 10.18 | 12.14 | 2.98 | - |
Cash & Short-Term Investments | 19.61 | 24.88 | 18.69 | 29.71 | 26.31 | 35.89 |
Cash Growth | -14.77% | 33.10% | -37.09% | 12.94% | -26.70% | 237.34% |
Accounts Receivable | 3.81 | 5.27 | 7.34 | 6.47 | 7.58 | 3.18 |
Other Receivables | 0.1 | 0.08 | 2.02 | 0.26 | 0.15 | 0.08 |
Receivables | 3.9 | 5.36 | 9.37 | 6.73 | 7.73 | 3.26 |
Inventory | 0.36 | 0.37 | 0.4 | 0.44 | 0.39 | 0.35 |
Prepaid Expenses | 1.15 | 1.34 | 1.16 | 1.44 | 1.4 | 1.02 |
Restricted Cash | - | - | - | - | - | 0.89 |
Other Current Assets | - | - | - | - | - | 0.06 |
Total Current Assets | 25.03 | 31.94 | 29.62 | 38.32 | 35.83 | 41.47 |
Property, Plant & Equipment | 5.27 | 5.28 | 5.67 | 5.15 | 4.63 | 4.85 |
Long-Term Investments | 9.97 | 6.99 | 10.88 | 3.66 | 6.36 | - |
Goodwill | 2.12 | 2.12 | 2.12 | 2.12 | 2.12 | 2.12 |
Other Intangible Assets | 0.6 | 0.65 | 0.33 | 0.36 | 0.4 | 0.45 |
Other Long-Term Assets | 0.2 | 0.21 | 0.19 | 0.78 | 0.79 | 1.09 |
Total Assets | 43.19 | 47.18 | 48.8 | 50.39 | 50.12 | 49.97 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 2.82 | 3.24 | 2.92 | 2.42 | 2.71 | 1.56 |
Accrued Expenses | 0.79 | 1.67 | 1.62 | 1.65 | 1.33 | 1 |
Current Portion of Leases | 0.09 | 0.09 | 0.08 | 0.08 | 0.13 | 0.11 |
Current Unearned Revenue | 1.05 | 1.12 | 1.08 | 1.38 | 0.45 | 0.39 |
Other Current Liabilities | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 |
Total Current Liabilities | 4.91 | 6.27 | 5.86 | 5.69 | 4.77 | 3.22 |
Long-Term Leases | 0.44 | 0.49 | 0.55 | 0.53 | 0.07 | 0.12 |
Long-Term Deferred Tax Liabilities | 0.19 | 0.19 | 0.18 | 0.17 | 0.18 | 0.14 |
Other Long-Term Liabilities | 0.29 | 0.3 | 0.26 | 0.28 | 0.27 | 0.29 |
Total Liabilities | 5.83 | 7.25 | 6.84 | 6.67 | 5.28 | 3.77 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 0.32 | 0.32 | 0.32 | 0.31 | 0.31 | 0.31 |
Additional Paid-In Capital | 165.71 | 165.62 | 165.3 | 164.85 | 164.42 | 164.2 |
Retained Earnings | -124.38 | -121.8 | -119.47 | -117.53 | -115.99 | -114.55 |
Treasury Stock | -2.61 | -2.57 | -2.35 | -2.25 | -2.25 | -2.23 |
Comprehensive Income & Other | -1.68 | -1.64 | -1.84 | -1.67 | -1.65 | -1.53 |
Shareholders' Equity | 37.37 | 39.93 | 41.96 | 43.71 | 44.84 | 46.2 |
Total Liabilities & Equity | 43.19 | 47.18 | 48.8 | 50.39 | 50.12 | 49.97 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 0.53 | 0.58 | 0.63 | 0.61 | 0.19 | 0.24 |
Net Cash (Debt) | 19.08 | 24.3 | 18.07 | 29.1 | 26.12 | 35.66 |
Net Cash Growth | -14.79% | 34.49% | -37.91% | 11.42% | -26.75% | 309.96% |
Net Cash Per Share | 0.61 | 0.79 | 0.59 | 0.96 | 0.86 | 1.20 |
Filing Date Shares Outstanding | 31.22 | 30.71 | 30.71 | 30.39 | 30.3 | 30.26 |
Total Common Shares Outstanding | 31.22 | 31.07 | 30.71 | 30.39 | 30.3 | 30.26 |
Working Capital | 20.12 | 25.67 | 23.76 | 32.63 | 31.06 | 38.24 |
Book Value Per Share | 1.19 | 1.28 | 1.36 | 1.44 | 1.48 | 1.52 |
Tangible Book Value | 34.65 | 37.17 | 39.51 | 41.24 | 42.33 | 43.64 |
Tangible Book Value Per Share | 1.11 | 1.19 | 1.28 | 1.35 | 1.39 | 1.44 |
Land | - | 1.05 | 1.05 | 1.05 | 1.05 | 1.05 |
Buildings | - | 6.65 | 6.63 | 6.61 | 6.58 | 6.58 |
Machinery | - | 16.45 | 16.36 | 15.49 | 15.34 | 15.23 |
Construction In Progress | - | 0.02 | 0 | 0.1 | 0.03 | - |
Order Backlog | - | 7.05 | 6.18 | 7.46 | 8.2 | 9.1 |