Company / Net Income
FUEL TECH, INC. Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
-$1.9M
FY2025
5-year range
-$4.3M / $54.0K
FY2021-FY2025
Trend
-26.3%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Net Income has declined for 3 consecutive years, from $54,000 in FY2022 to -$2M in FY2025.
Based on SEC 10-K filings.
-$2M in FY2025.
Declined from -$1M to -$2M over the past 2 years.
Net Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- FUEL TECH, INC.'s net income has declined for 3 consecutive years.
- In FY2025, net income decreased 26.3% year-over-year.
- Peak net income was recorded in FY2022.
- Lowest net income in the period was in FY2016.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 3.99 (safe zone, above 2.9 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$1.9M | -26.3% |
| FY2024 | -$1.5M | -6.7% |
| FY2023 | -$1.4M | -2770.4% |
| FY2022 | $54.0K | +101.3% |
| FY2021 | -$4.3M | +45.5% |
| FY2020 | -$7.9M | +24.9% |
| FY2019 | -$10.4M | +39.9% |
| FY2018 | -$17.4M | -40.5% |
| FY2017 | -$12.4M | +30.2% |
| FY2016 | -$17.7M | -447.5% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026