Fuel Tech

Q2 FY2026 EarningsQ2 FY26 revenue beat consensus at $6.49M vs. $6.58M expected (minor miss of -1.41%), while profitability significantly missed expectations. Gross margin was 41.25% vs. 45.30% expected (-4.05pct) due to product mix and demonstration costs. The GAAP net loss of $(1.23)M and EPS of $(0.04) both missed consensus targets of $(0.78)M and $(0.02) respectively, driven by higher-than-expected operating expenses and a decline in interest income.