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Fuel Tech revenue
Fuel Tech's revenue is $25.1 million.
What is Fuel Tech's revenue?
- Fuel Tech's revenue growth from 2005 to 2024 is -52.51%.
- Fuel Tech has 73 employees, and the revenue per employee ratio is $344,287.
- Fuel Tech's peak quarterly revenue was $33.6M in 2013(q3).
- Fuel Tech peak revenue was $109.3M in 2013.
- Fuel Tech annual revenue for 2023 was 27.1M, 0.52% growth from 2022.
- Fuel Tech annual revenue for 2024 was 25.1M, -7.19% growth from 2023.
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Fuel Tech historical revenue
Fuel Tech's peak revenue was $109.3M in 2013. The peak quarterly revenue was $33.6M in 2013(q3).
Fuel Tech's revenue increased from $52.9m in 2005 to $25.1M currently. That's a -52.51% change in annual revenue.
Fuel Tech annual revenue
Fuel Tech annual revenue over time
| Fiscal year / year | Fuel Tech revenue |
|---|---|
| 2009 | $71.4M |
| 2010 | $81.8M |
| 2011 | $93.7M |
| 2012 | $97.6M |
| 2013 | $109.3M |
| 2014 | $79.0M |
| 2015 | $73.7M |
| 2016 | $55.2M |
| 2017 | $45.2M |
| 2018 | $56.5M |
| 2019 | $30.5M |
| 2020 | $22.6M |
| 2021 | $24.3M |
| 2022 | $26.9M |
| 2023 | $27.1M |
| 2024 | $25.1M |
How accurately did Fuel Tech's revenue projections match actual performance?
Fuel Tech annual growth
Fuel Tech saw the greatest revenue growth in 2006, when revenue increased by 41.92%.
Fuel Tech had the lowest revenue growth in 2019, when revenue changed by -46.11%.
Fuel Tech annual growth rate over time
| Year | Fuel Tech growth |
|---|---|
| 2009 | -12%↓ |
| 2010 | 15%↑ |
| 2011 | 15%↑ |
| 2012 | 4%↑ |
| 2013 | 12%↑ |
| 2014 | -28%↓ |
| 2015 | -7%↓ |
| 2016 | -25%↓ |
| 2017 | -18%↓ |
| 2018 | 25%↑ |
| 2019 | -46%↓ |
| 2020 | -26%↓ |
| 2021 | 8%↑ |
| 2022 | 11%↑ |
| 2023 | 1%↑ |
| 2024 | -7%↓ |
Fuel Tech quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Fuel Tech quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | $17.3M | $18.9M | $16.5M | $18.7M |
| 2010 | $17.6M | $18.9M | $20.3M | $25.0M |
| 2011 | $22.6M | $19.0M | $24.0M | $28.0M |
| 2012 | $25.2M | $20.9M | $24.9M | $26.6M |
| 2013 | $22.5M | $29.1M | $33.6M | $24.2M |
| 2014 | $18.7M | $20.2M | $21.5M | $18.7M |
| 2015 | $15.1M | $18.7M | $21.7M | $18.2M |
| 2016 | $17.8M | $15.2M | $12.6M | $9.6M |
| 2017 | $8.5M | $9.7M | $13.5M | $13.4M |
| 2018 | $12.8M | $11.8M | $16.1M | $15.8M |
| 2019 | $10.2M | $8.9M | $6.5M | $4.9M |
| 2020 | $3.8M | $4.4M | $8.2M | $6.2M |
| 2021 | $5.0M | $5.2M | $7.6M | $6.5M |
| 2022 | $5.5M | $6.4M | $8.0M | $7.0M |
| 2023 | $7.3M | $5.5M | $8.0M | $6.3M |
| 2024 | $5.0M | $7.0M | $7.9M | $5.3M |
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Did Fuel Tech meet its revenue projections?
Fuel Tech financial information
| CEO | Vincent J. Arnone |
| Industry | Independent Power and Renewable Electricity Producers |
| Company Type | Government |
| Employees Number | 73 |
| Date Founded | 1987 |
| Headquarters | Warrenville, Illinois |
| Number of Locations | 2 |
| Revenue | $25.1M |
| Net Income | -$1,442,000 |
| Gross Proft | $10.6M (2024) |
| PE Ratio | -15.03 |
| Tax Rate | -0.0% |
| Market Capitalization | $29.2M |
| Total Assets | $50,124,000 |
| Ticker | FTEK |
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Fuel Tech financing
Fuel Tech received early financing of $25.8M on 2021-02-11.
| Series | Round size | Date |
|---|---|---|
| Post Ipo Equity | $25.8M | 02/2021 |
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Zippia gives an in-depth look into the details of Fuel Tech, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Fuel Tech. The employee data is based on information from people who have self-reported their past or current employments at Fuel Tech. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Fuel Tech. The data presented on this page does not represent the view of Fuel Tech and its employees or that of Zippia.
Fuel Tech may also be known as or be related to FUEL TECH INC., Fuel Tech, Fuel Tech Inc and Fuel Tech, Inc.