Fuel Tech annual r&d spending
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2025
Fuel Tech R&D Spending Growth & History (FTEK)
Fuel Tech's r&d spending was $2.0M for fiscal 2025.
View full Fuel Tech company overviewFuel Tech annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.0M | $450,000 | +28.77% |
| 2024 | 2024-12-31 | $1.6M | $53,000 | +3.51% |
| 2023 | 2023-12-31 | $1.5M | $616,000 | +68.83% |
| 2022 | 2022-12-31 | $895,000 | −$437,000 | −32.81% |
| 2021 | 2021-12-31 | $1.3M | $155,000 | +13.17% |
| 2020 | 2020-12-31 | $1.2M | $50,000 | +4.44% |
| 2019 | 2019-12-31 | $1.1M | $54,000 | +5.03% |
| 2018 | 2018-12-31 | $1.1M | $3,000 | +0.28% |
| 2017 | 2017-12-31 | $1.1M | −$682,000 | −38.93% |
| 2016 | 2016-12-31 | $1.8M | $305,000 | +21.08% |
| 2015 | 2015-12-31 | $1.4M | −$12,000 | −0.82% |
| 2014 | 2014-12-31 | $1.5M | −$983,000 | −40.25% |
| 2013 | 2013-12-31 | $2.4M | −$421,000 | −14.70% |
| 2012 | 2012-12-31 | $2.9M | $1.4M | +94.23% |
| 2011 | 2011-12-31 | $1.5M | $526,000 | +55.49% |
| 2010 | 2010-12-31 | $948,000 | $406,000 | +74.91% |
| 2009 | 2009-12-31 | $542,000 | — | — |
Fuel Tech quarterly r&d spending
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Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $646,000 | $156,000 | +31.84% |
| Q1 2026 | 2026-03-31 | $524,000 | −$46,000 | −8.07% |
| Q4 2025 | 2025-12-31 | $504,000 | $99,000 | +24.44% |
| Q3 2025 | 2025-09-30 | $450,000 | $89,000 | +24.65% |
| Q2 2025 | 2025-06-30 | $490,000 | $68,000 | +16.11% |
| Q1 2025 | 2025-03-31 | $570,000 | $194,000 | +51.60% |
| Q4 2024 | 2024-12-31 | $405,000 | $38,000 | +10.35% |
| Q3 2024 | 2024-09-30 | $361,000 | −$152,000 | −29.63% |
| Q2 2024 | 2024-06-30 | $422,000 | $9,000 | +2.18% |
| Q1 2024 | 2024-03-31 | $376,000 | $158,000 | +72.48% |
| Q4 2023 | 2023-12-31 | $367,000 | $188,000 | +105.03% |
| Q3 2023 | 2023-09-30 | $513,000 | $306,000 | +147.83% |
| Q2 2023 | 2023-06-30 | $413,000 | $124,000 | +42.91% |
| Q1 2023 | 2023-03-31 | $218,000 | −$2,000 | −0.91% |
| Q4 2022 | 2022-12-31 | $179,000 | −$83,000 | −31.68% |
| Q3 2022 | 2022-09-30 | $207,000 | −$133,000 | −39.12% |
| Q2 2022 | 2022-06-30 | $289,000 | −$26,000 | −8.25% |
| Q1 2022 | 2022-03-31 | $220,000 | −$195,000 | −46.99% |
| Q4 2021 | 2021-12-31 | $262,000 | −$35,000 | −11.78% |
| Q3 2021 | 2021-09-30 | $340,000 | $55,000 | +19.30% |
| Q2 2021 | 2021-06-30 | $315,000 | $44,000 | +16.24% |
| Q1 2021 | 2021-03-31 | $415,000 | $91,000 | +28.09% |
| Q4 2020 | 2020-12-31 | $297,000 | −$7,000 | −2.30% |
| Q3 2020 | 2020-09-30 | $285,000 | −$67,000 | −19.03% |
| Q2 2020 | 2020-06-30 | $271,000 | $66,000 | +32.20% |
| Q1 2020 | 2020-03-31 | $324,000 | $58,000 | +21.80% |
| Q4 2019 | 2019-12-31 | $304,000 | $45,000 | +17.37% |
| Q3 2019 | 2019-09-30 | $352,000 | $87,000 | +32.83% |
| Q2 2019 | 2019-06-30 | $205,000 | −$56,000 | −21.46% |
| Q1 2019 | 2019-03-31 | $266,000 | −$22,000 | −7.64% |
| Q4 2018 | 2018-12-31 | $259,000 | −$31,000 | −10.69% |
| Q3 2018 | 2018-09-30 | $265,000 | $49,000 | +22.69% |
| Q2 2018 | 2018-06-30 | $261,000 | −$19,000 | −6.79% |
| Q1 2018 | 2018-03-31 | $288,000 | $4,000 | +1.41% |
| Q4 2017 | 2017-12-31 | $290,000 | — | — |
| Q3 2017 | 2017-09-30 | $216,000 | −$456,000 | −67.86% |
| Q2 2017 | 2017-06-30 | $280,000 | −$15,000 | −5.08% |
| Q1 2017 | 2017-03-31 | $284,000 | −$874,000 | −75.47% |
| Q3 2016 | 2016-09-30 | $672,000 | −$849,000 | −55.82% |
| Q2 2016 | 2016-06-30 | $295,000 | −$687,000 | −69.96% |
| Q1 2016 | 2016-03-31 | $1.2M | $286,000 | +32.80% |
| Q3 2015 | 2015-09-30 | $1.5M | $1.1M | +301.32% |
| Q2 2015 | 2015-06-30 | $982,000 | $757,000 | +336.44% |
| Q1 2015 | 2015-03-31 | $872,000 | $628,000 | +257.38% |
| Q4 2014 | 2014-12-31 | $611,000 | −$7,000 | −1.13% |
| Q3 2014 | 2014-09-30 | $379,000 | −$82,000 | −17.79% |
| Q2 2014 | 2014-06-30 | $225,000 | −$205,000 | −47.67% |
| Q1 2014 | 2014-03-31 | $244,000 | −$689,000 | −73.85% |
| Q4 2013 | 2013-12-31 | $618,000 | −$201,000 | −24.54% |
| Q3 2013 | 2013-09-30 | $461,000 | −$108,000 | −18.98% |
| Q2 2013 | 2013-06-30 | $430,000 | −$539,000 | −55.62% |
| Q1 2013 | 2013-03-31 | $933,000 | $427,000 | +84.39% |
| Q4 2012 | 2012-12-31 | $819,000 | $420,000 | +105.26% |
| Q3 2012 | 2012-09-30 | $569,000 | $211,000 | +58.94% |
| Q2 2012 | 2012-06-30 | $969,000 | $654,000 | +207.62% |
| Q1 2012 | 2012-03-31 | $506,000 | $104,000 | +25.87% |
| Q4 2011 | 2011-12-31 | $399,000 | — | — |
| Q3 2011 | 2011-09-30 | $358,000 | $94,000 | +35.61% |
| Q2 2011 | 2011-06-30 | $315,000 | $150,000 | +90.91% |
| Q1 2011 | 2011-03-31 | $402,000 | — | — |
| Q3 2010 | 2010-09-30 | $264,000 | — | — |
| Q2 2010 | 2010-06-30 | $165,000 | — | — |
Fuel Tech r&d spending trends
Over the last five fiscal years, Fuel Tech's r&d spending increased from $1.2M to $2.0M, a change of $837,000. The latest reported quarter, Q2 2026, shows $646,000.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Fuel Tech source filings ↗