Company / Revenue
FUEL TECH, INC. Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$25.1M
FY2025
5-year range
$22.6M / $27.1M
FY2021-FY2025
Trend
-7.2%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Declined from $27M to $25M over the past 2 years.
Based on SEC 10-K filings.
$25M in FY2025 with a 5-year CAGR of -3.8%.
Declined from $27M to $25M over the past 2 years.
Revenue over time
Growth rates
- 3-Year CAGR
- +1.2%
- 5-Year CAGR
- -3.8%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -3.8%, indicating a declining trend.
- In FY2025, revenue decreased 7.2% year-over-year.
- Peak revenue was recorded in FY2016.
- Lowest revenue in the period was in FY2021.
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 | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $25.1M | -7.2% |
| FY2024 | $27.1M | +0.5% |
| FY2023 | $26.9M | +11.0% |
| FY2022 | $24.3M | +7.6% |
| FY2021 | $22.6M | -26.0% |
| FY2020 | $30.5M | -32.5% |
| FY2019 | $45.2M | -18.1% |
| FY2018 | $55.2M | -25.1% |
| FY2017 | $73.7M | -6.8% |
| FY2016 | $79.0M | -27.7% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026