---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-025933"
form_type: "8-K"
ticker: "FTEK"
cik: "0000846913"
company_name: "FUEL TECH, INC."
filed_at: "2021-11-09T23:59:59+00:00"
generated_at: "2026-06-28T11:08:51.738901+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fuel Tech Q3 net income $0.7M ($0.02/sh); FUEL CHEM rev up, APC down; cash $36.3M no debt

## Summary
- Net income $0.7M ($0.02 diluted EPS) vs $2.4M ($0.10) in Q3 2020; prior year included $2.6M insurance settlement.
- Revenue $7.6M, down from $8.2M; FUEL CHEM segment revenue rose to $5.6M from $5.3M; APC fell to $1.9M from $2.9M.
- APC backlog $8.2M at Sep 30, 2021 vs $5.3M at Dec 31, 2020; sales pipeline increased to $50-75M.
- Cash and equivalents $35.2M plus restricted $1.1M; no debt; stockholders' equity $46.4M ($1.53/sh).
- Adjusted EBITDA $0.9M vs $2.7M; excluding settlement, prior year adj EBITDA was $0.1M.

## SEC filing metadata
- accession: 0001437749-21-025933
- form_type: 8-K
- ticker: FTEK
- cik: 0000846913
- company_name: FUEL TECH, INC.
- filed_at: 2021-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/846913/000143774921025933/0001437749-21-025933-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/846913/000143774921025933/ftek20211101_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-025933
- JSON: https://secwatch.observer/filing/0001437749-21-025933.json
- Plain text: https://secwatch.observer/filing/0001437749-21-025933.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.