Fuel Tech Q3 revenue misses estimates

Reuters
11/05
Fuel Tech Q3 revenue misses estimates

Overview

  • Fuel Tech Q3 2025 revenue declined to $7.5 mln, missing analyst expectations

  • Net income for Q3 2025 was $303,000, with EPS at $0.01

  • Company acquired APC intellectual property from Wahlco, Inc. post-Q3

Outlook

  • Fuel Tech expects FUEL CHEM 2025 revenues to reach highest levels since 2022

  • Company pursuing opportunities in power generation sector for SCR technology

  • DGI technology demonstration at fish hatchery to last until Q2 2026

Result Drivers

  • APC BACKLOG INCREASE - APC backlog increased by more than 20% from June 30, 2025, despite revenue decline due to project timing delays

  • FUEL CHEM GROWTH - Improved performance in FUEL CHEM segment due to increased operations at legacy accounts and a new customer contract

  • IP ACQUISITION - Acquired APC intellectual property from Wahlco, Inc. to expand APC solutions portfolio

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Miss

$7.49 mln

$9.39 mln (1 Analyst)

Q3 EPS

$0.01

Q3 Net Income

$303,000

Q3 Basic EPS

$0.01

Q3 Operating Income

$4,000

Q3 Pretax Profit

$310,000

Analyst Coverage

  • The one available analyst rating on the shares is "buy"

  • The average consensus recommendation for the environmental services & equipment peer group is "buy"

  • Wall Street's median 12-month price target for Fuel Tech Inc is $4.00, about 34% above its November 3 closing price of $2.64

Press Release: ID:nGNX5wXRJv

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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