Fuel Tech annual operating expenses
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Fuel Tech Operating Expenses Growth & History (FTEK)
Fuel Tech's operating expenses was $30.4M for fiscal 2025.
View full Fuel Tech company overviewFuel Tech annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $30.4M | $523,000 | +1.75% |
| 2024 | 2024-12-31 | $29.8M | $96,000 | +0.32% |
| 2023 | 2023-12-31 | $29.7M | $1.3M | +4.46% |
| 2022 | 2022-12-31 | $28.5M | $2.7M | +10.56% |
| 2021 | 2021-12-31 | $25.8M | −$1.1M | −4.23% |
| 2020 | 2020-12-31 | $26.9M | −$11.8M | −30.54% |
| 2019 | 2019-12-31 | $38.7M | −$17.7M | −31.40% |
| 2018 | 2018-12-31 | $56.4M | $4.2M | +8.03% |
| 2017 | 2017-12-31 | $52.2M | −$15.0M | −22.26% |
| 2016 | 2016-12-31 | $67.2M | −$11.9M | −15.06% |
| 2015 | 2015-12-31 | $79.1M | −$25.1M | −24.08% |
| 2014 | 2014-12-31 | $104.2M | $2.8M | +2.80% |
| 2013 | 2013-12-31 | $101.3M | $8.9M | +9.62% |
| 2012 | 2012-12-31 | $92.4M | $8.4M | +10.03% |
| 2011 | 2011-12-31 | $84.0M | $6.2M | +7.91% |
| 2010 | 2010-12-31 | $77.9M | $3.4M | +4.54% |
| 2009 | 2009-12-31 | $74.5M | — | — |
Fuel Tech quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $8.1M | $1.2M | +17.24% |
| Q1 2026 | 2026-03-31 | $7.7M | $342,000 | +4.66% |
| Q4 2025 | 2025-12-31 | $8.7M | $1.3M | +17.21% |
| Q3 2025 | 2025-09-30 | $7.5M | −$544,000 | −6.77% |
| Q2 2025 | 2025-06-30 | $6.9M | −$891,000 | −11.49% |
| Q1 2025 | 2025-03-31 | $7.3M | $685,000 | +10.30% |
| Q4 2024 | 2024-12-31 | $7.4M | $253,000 | +3.54% |
| Q3 2024 | 2024-09-30 | $8.0M | $175,000 | +2.23% |
| Q2 2024 | 2024-06-30 | $7.8M | $964,000 | +14.19% |
| Q1 2024 | 2024-03-31 | $6.6M | −$1.3M | −16.31% |
| Q4 2023 | 2023-12-31 | $7.1M | −$125,000 | −1.72% |
| Q3 2023 | 2023-09-30 | $7.9M | $30,000 | +0.38% |
| Q2 2023 | 2023-06-30 | $6.8M | −$60,000 | −0.88% |
| Q1 2023 | 2023-03-31 | $7.9M | $1.4M | +21.87% |
| Q4 2022 | 2022-12-31 | $7.3M | $599,000 | +8.98% |
| Q3 2022 | 2022-09-30 | $7.8M | $844,000 | +12.09% |
| Q2 2022 | 2022-06-30 | $6.9M | $946,000 | +16.01% |
| Q1 2022 | 2022-03-31 | $6.5M | $329,000 | +5.32% |
| Q4 2021 | 2021-12-31 | $6.7M | −$1.2M | −15.35% |
| Q3 2021 | 2021-09-30 | $7.0M | $1.3M | +22.09% |
| Q2 2021 | 2021-06-30 | $5.9M | −$918,000 | −13.45% |
| Q1 2021 | 2021-03-31 | $6.2M | −$271,000 | −4.19% |
| Q4 2020 | 2020-12-31 | $7.9M | −$1.8M | −18.26% |
| Q3 2020 | 2020-09-30 | $5.7M | −$2.1M | −26.81% |
| Q2 2020 | 2020-06-30 | $6.8M | −$3.0M | −30.29% |
| Q1 2020 | 2020-03-31 | $6.5M | −$5.0M | −43.62% |
| Q4 2019 | 2019-12-31 | $9.6M | −$5.3M | −35.54% |
| Q3 2019 | 2019-09-30 | $7.8M | −$7.2M | −48.00% |
| Q2 2019 | 2019-06-30 | $9.8M | −$3.7M | −27.29% |
| Q1 2019 | 2019-03-31 | $11.5M | −$1.5M | −11.68% |
| Q4 2018 | 2018-12-31 | $15.0M | −$2.7M | −15.52% |
| Q3 2018 | 2018-09-30 | $15.0M | $1.3M | +9.81% |
| Q2 2018 | 2018-06-30 | $13.5M | −$1.9M | −12.23% |
| Q1 2018 | 2018-03-31 | $13.0M | $7.5M | +135.95% |
| Q4 2017 | 2017-12-31 | $17.7M | $2.4M | +15.94% |
| Q3 2017 | 2017-09-30 | $13.7M | −$1.2M | −7.87% |
| Q2 2017 | 2017-06-30 | $15.3M | −$1.3M | −7.86% |
| Q1 2017 | 2017-03-31 | $5.5M | −$14.9M | −73.06% |
| Q4 2016 | 2016-12-31 | $15.3M | −$2.9M | −15.99% |
| Q3 2016 | 2016-09-30 | $14.8M | −$7.6M | −33.92% |
| Q2 2016 | 2016-06-30 | $16.6M | −$4.3M | −20.45% |
| Q1 2016 | 2016-03-31 | $20.4M | $2.9M | +16.55% |
| Q4 2015 | 2015-12-31 | $18.2M | −$25.3M | −58.18% |
| Q3 2015 | 2015-09-30 | $22.5M | $2.4M | +12.13% |
| Q2 2015 | 2015-06-30 | $20.9M | $68,000 | +0.33% |
| Q1 2015 | 2015-03-31 | $17.5M | −$2.3M | −11.55% |
| Q4 2014 | 2014-12-31 | $43.5M | $19.8M | +83.37% |
| Q3 2014 | 2014-09-30 | $20.0M | −$8.2M | −28.98% |
| Q2 2014 | 2014-06-30 | $20.9M | −$6.1M | −22.63% |
| Q1 2014 | 2014-03-31 | $19.8M | −$2.6M | −11.79% |
| Q4 2013 | 2013-12-31 | $23.7M | −$2.0M | −7.73% |
| Q3 2013 | 2013-09-30 | $28.2M | $4.9M | +21.10% |
| Q2 2013 | 2013-06-30 | $27.0M | $6.2M | +30.12% |
| Q1 2013 | 2013-03-31 | $22.4M | −$277,000 | −1.22% |
| Q4 2012 | 2012-12-31 | $25.7M | −$8.9M | −25.78% |
| Q3 2012 | 2012-09-30 | $23.3M | $2.2M | +10.40% |
| Q2 2012 | 2012-06-30 | $20.7M | $2.6M | +14.64% |
| Q1 2012 | 2012-03-31 | $22.7M | $12.5M | +122.51% |
| Q4 2011 | 2011-12-31 | $34.6M | — | — |
| Q3 2011 | 2011-09-30 | $21.1M | $2.3M | +12.28% |
| Q2 2011 | 2011-06-30 | $18.1M | −$1.2M | −6.10% |
| Q1 2011 | 2011-03-31 | $10.2M | — | — |
| Q3 2010 | 2010-09-30 | $18.8M | — | — |
| Q2 2010 | 2010-06-30 | $19.3M | — | — |
Fuel Tech operating expenses trends
Over the last five fiscal years, Fuel Tech's operating expenses increased from $26.9M to $30.4M, a change of $3.5M. The latest reported quarter, Q2 2026, shows $8.1M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Fuel Tech source filings ↗