Welcome to our dedicated page for Fuel Tech SEC filings (Ticker: FTEK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Fuel Tech, Inc. (NASDAQ: FTEK) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, along with AI-powered summaries that help explain key points from each document. Fuel Tech is a technology company focused on emissions control, process optimization, water treatment, and advanced engineering services for utility and industrial applications, and its filings offer detailed insight into these activities.
Through periodic reports such as the Form 10-K annual report and Form 10-Q quarterly reports, Fuel Tech discusses segment performance for its Air Pollution Control (APC) and FUEL CHEM businesses, financial condition, cash and investment balances, research and development spending, and risk factors related to its markets and technologies. These filings also describe the role of proprietary platforms such as FUEL CHEM®, DGI® Dissolved Gas Infusion, SCR, SNCR, ASNCR, and ULTRA systems in the company’s operations.
Current reports on Form 8-K capture material events, including the release of quarterly financial results and the adoption of compensation plans tied to APC and FUEL CHEM sales. Users can also review exhibits related to commission plans and other governance matters. For those monitoring management and ownership activity, the filings page provides convenient access to Form 4 insider transaction reports when they are filed.
Stock Titan’s tools surface real-time updates from the SEC’s EDGAR system and apply AI-generated explanations to lengthy filings, helping users quickly understand revenue drivers, segment trends, backlog commentary, and other disclosures that affect FTEK. This makes it easier to analyze how Fuel Tech’s emissions control and water treatment businesses are reflected in its official regulatory reporting.
Fuel Tech, Inc. adopted its 2026 Corporate Incentive Plan and 2026 Current Objectives Plan, tying employee cash bonuses and executive equity awards to financial and strategic performance. The company granted 20,850 RSUs to CEO Vincent Arnone, 8,350 to CFO Ellen Albrecht, and 6,250 to SVP William Cummings.
Under the 2026 Corporate Incentive Plan, no bonus is paid unless Operating Income reaches $250,000, after which 25% of Operating Income funds an incentive pool capped at $3 million. The 2026 Current Objectives Plan funds a separate bonus pool of up to $650,000 only if all four corporate objectives are fully achieved, including revenue targets from new technologies, data center projects, AI-driven business development, and company-wide adoption of AI tools.
Albrecht Ellen T reported acquisition or exercise transactions in this Form 4 filing.
Fuel Tech, Inc. reported that Chief Financial Officer Ellen T. Albrecht received a grant of 8,350 Restricted Stock Units on March 24, 2026 as equity compensation. Each RSU represents one share of common stock. The RSUs vest in three equal annual installments on the first, second, and third anniversaries of the grant date, with shares delivered after each vesting date subject to any deferral elections.
FUEL TECH, INC. President and CEO Vincent J. Arnone received a grant of 20,850 Restricted Stock Units on March 24, 2026. Each unit represents a contingent right to receive one share of FTEK common stock.
The RSUs vest in three equal installments: one-third on each of the first, second, and third anniversaries of the grant date. Following this award, Arnone holds 20,850 RSUs directly, which will convert into common shares as they vest and are delivered under the company’s RSU Award Agreement.
Cummings William E JR reported acquisition or exercise transactions in this Form 4 filing.
FUEL TECH, INC. reported that Senior Vice President of Sales William E. Cummings Jr. received a grant of 6,250 Restricted Stock Units as equity compensation. Each unit represents a contingent right to receive one share of FTEK common stock.
The 6,250 RSUs vest in three equal installments on the first, second, and third anniversaries of the grant date, subject to the company’s RSU award agreement. Following this grant, Cummings holds 6,250 RSUs directly, with shares to be delivered after each vesting date.
FUEL TECH, INC. President and CEO Vincent J. Arnone reported an open-market purchase of 10,000 shares of common stock at a price of $1.24 per share. After this transaction, he directly owns 549,513 shares of Fuel Tech common stock.
Fuel Tech, Inc. reports full-year 2025 results with revenue of $26.7 million and a net loss of $2.3 million, or $0.08 per share. Revenue rose about 6% from 2024 as gross margin improved to 46% from 42%.
FUEL CHEM segment sales grew 28% to $17.8 million on renewed orders and new programs, while Air Pollution Control revenue fell 21% to $8.9 million due to project timing and customer delays, though APC backlog increased to $7.0 million.
The company ended 2025 with $11.9 million in cash, $19.9 million in investments, working capital of $25.7 million, no debt aside from letters of credit, and 30.9 million basic shares outstanding.
Fuel Tech reported higher revenue and margins in 2025 but remained unprofitable. Fourth-quarter 2025 revenue rose 37% to $7.2 million, lifting gross margin to 44.6% from 42.3%, while the net loss narrowed to $0.04 per share from $0.06.
For full-year 2025, revenue increased to $26.7 million from $25.1 million, with gross margin improving to 46.4% from 42.3%. FUEL CHEM segment revenue grew 27.9% for the year, reaching its highest level since 2018, helped by stronger coal unit utilization and a new U.S. demonstration program.
APC segment revenue declined for the year but rose 36.7% in the fourth quarter, and segment backlog increased to $7.0 million from $6.2 million. The company highlighted a data-center-related APC sales pipeline of approximately $75–$100 million and ongoing DGI water treatment demonstrations. Fuel Tech ended 2025 with $11.9 million in cash, $19.9 million in investments, stockholders’ equity of $39.9 million, and no debt.
Fuel Tech, Inc. filed a current report describing compensation decisions made by the Board’s Compensation Committee on December 11, 2025. The Committee approved a 2026 APC and National Sales Manager Commission Plan and a 2026 FUEL CHEM® Officer Sales Commission Plan, which define commission structures for key sales and officer roles for 2026. These plans are provided as exhibits to the report, giving more detail on how variable pay will be calculated for these groups.
Fuel Tech, Inc. (FTEK) reported a return to quarterly profitability. For Q3 2025, revenue was $7,490 thousand versus $7,851 thousand a year ago, while net income rose to $303 thousand and diluted EPS was $0.01. Gross margin improved to 49% from 43%, with both FUEL CHEM and Air Pollution Control (APC) contributing higher margins.
Nine‑month revenue was $19,430 thousand versus $19,850 thousand last year, with a net loss of $1,125 thousand. Operating cash flow strengthened to $4,583 thousand, cash and cash equivalents were $13,677 thousand, and the company reported no debt, aside from $3,141 thousand in standby letters of credit backed by $4,711 thousand of collateralized investments. APC backlog was $9,472 thousand as of September 30, 2025, with $7,134 thousand expected over the next 12 months. As a subsequent event, Fuel Tech purchased Wahlco, Inc. intellectual property for $350 on October 3, 2025. Shares outstanding were 31,074,438 as of October 31, 2025.
Fuel Tech, Inc. filed a current report to notify investors that it has released its financial results for the fiscal quarter ended September 30, 2025. On November 4, 2025, the company issued a press release announcing these quarterly results, which is furnished as Exhibit 99.1.
The report states that no financial statements of acquired businesses or pro forma financial information are included, and it lists the press release and the cover page interactive data file as the primary exhibits.