Fuel Tech swings to Q3 2026 net loss of $267,000 from year-earlier profit
FTEK•Fuel Tech reported a third-quarter 2026 net loss of $267,000, compared with net income of $303,000 a year earlier. Revenue rose 16% to $8.7 million, while Air Pollution Control backlog more than doubled to $16.6 million at September 30, 2026.
1. Quarterly results
Fuel Tech swung to a third-quarter 2026 net loss of $267,000 from net income of $303,000 a year earlier. Revenue increased 16% year over year to $8.7 million, driven by higher Air Pollution Control revenues, and the segment’s backlog more than doubled to $16.6 million at September 30, 2026, from December 31, 2025.
2. Expansion plans
Management plans organic expansion into power infrastructure supporting data centers and AI, alongside selective acquisitions to strengthen products and distribution.
