FTEK FUEL TECH, INC. - 10-Q - (2025-11-04)

FUEL TECH, INC. (FTEK) achieved quarterly profitability in Q3 2025, reporting Net Income of $0.303 million on $7.49 million revenue, driven by a significant gross margin expansion to 49% (from 43% YoY). Despite this quarterly success, the nine-month period ended September 30, 2025, still reflects a cumulative Net Loss of $1.125 million (widened from $60K loss in 9M 2024), on slightly lower total revenue of $19.43 million.

Business & Operational Highlights: The FUEL CHEM segment showed substantial growth, with 9M revenue surging to $12.915 million and generating high profitabilit

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