Fuel Tech Q1 net loss widens to $1.4M; revenue down 5% YoY

FUEL TECH, INC.

2026-Q1 EPS reported -$0.04 revenue$6,080,000

Revenue $6.1M (-5% YoY); net loss $(1.4)M ($(0.04)/share) vs $(0.7)M loss a year ago.
Adjusted EBITDA loss $(1.3)M vs $(0.7)M; SG&A rose to 61% of revenue from 52%.
APC segment revenue up 23% to $1.6M; gross margin 38.3%; backlog $6.9M plus $10M new awards.
FUEL CHEM revenue $4.5M (-12% YoY); gross margin 45.3% vs 49.9% on lower sales.
Cash & investments $30.6M, no debt; equity $38.6M ($1.24/share) at March 31, 2026.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FUEL TECH, INC. reported first quarter ended March 31, 2026 results: revenue $6.1 million, net income $(1.4) million, EPS $(0.04) per share.

Period: first quarter ended March 31, 2026
Revenue: $6.1 million
Net income: $(1.4) million
EPS: $(0.04) per share
Result: reported results

Exact text from the filing

Consolidated revenues for Q1 2026 declined 5% to $6.1 million from $6.4 million

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Source: SEC EDGAR

accession 0001437749-26-014902

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