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Fuel Tech profit margin FTEK

Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.

Net margin, 12 months
−12.8%
Operating margin, 12 months
−16.8%
Net margin on a year earlier
+0.1 pts
Peer median
4.8%

Over the twelve months to Jun 30, 2026, Fuel Tech kept −12.8% of its revenue as net profit, with an operating margin of −16.8% and a gross margin of 44.7%.

Five years earlier its net margin was 1.8%.

The median for 10 industrial stocks of a similar size is 4.8%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−8.7%−13.8%46.4%
FY2024−7.7%−18.7%42.3%
FY2023−5.7%−9.8%43.0%
FY2022−5.4%−5.7%43.2%
FY20210.2%−6.1%49.0%
FY2020−19.0%−19.2%47.2%
FY2019−25.8%−27.0%35.5%
FY2018−0.0%0.2%35.5%
FY2017−23.1%−15.6%39.9%
FY2016−31.5%−23.0%34.1%
FY2015−16.8%−11.2%38.8%
FY2014−22.4%−31.8%44.5%
FY20134.7%7.3%42.8%
FY20122.8%5.3%41.7%
FY20116.6%10.3%46.8%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−12.8%+0.1 pts−16.8%
Q1 FY26−11.1%+0.0 pts−16.4%
Q4 FY25−8.7%−1.0 pts−13.8%
Q3 FY25−12.2%−9.9 pts−17.7%
Q2 FY25−12.9%−12.1 pts−18.2%
Q1 FY25−11.2%−7.8 pts−14.9%
Q4 FY24−7.7%−2.1 pts−18.7%
Q3 FY24−2.3%+2.8 pts−12.9%
Q2 FY24−0.8%+4.7 pts−11.7%
Q1 FY24−3.4%−0.4 pts−14.9%
Q4 FY23−5.7%−0.3 pts−9.8%
Q3 FY23−5.0%−0.2 pts−7.6%

Against its peers

Companies in Industrials nearest Fuel Tech's size, closest first, today.

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Fuel Tech

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.