FTEK (Fuel Tech) Research & Development: $1.97 Mil (TTM As of Mar. 2026)


FTEK Fuel Tech Inc FTEK
63 GF Score
Price $1.94
GF Value $1.13
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Fuel Tech Research & Development?

Fuel Tech FTEK -3.02% 63 Research & Development is $1.97 Mil as of Mar. 2026. GuruFocus rates FTEK with a GF Score™ of 63/100 and a GF Value™ of $1.13 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Fuel Tech's Research & Development for the three months ended in Mar. 2026 was $0.52 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $1.97 Mil.

Fuel Tech  (NAS:FTEK) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Fuel Tech Research & Development Related Terms

Fuel Tech Research & Development Historical Data

* Premium members only.

The historical data trend for Fuel Tech's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fuel Tech Research & Development Chart

Fuel Tech Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 0.90 1.51 1.56 2.01

Fuel Tech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.49 0.45 0.50 0.52
FTEK
63GF Score
Fuel Tech Inc FTEK
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Fuel Tech Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.97 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $1.97 Mil mean?
Fuel Tech (FTEK) has a Research & Development of $1.97 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Fuel Tech and its competitors.
Is Fuel Tech's Research & Development too high?
Fuel Tech's current Research & Development is $1.97 Mil. Overall, Fuel Tech has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fuel Tech's Research & Development compare to BCHT and SCWO?
Fuel Tech's Research & Development of $1.97 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Industrial Products company?
A good Research & Development depends on the Industrial Products industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Fuel Tech and its competitors. Fuel Tech's current Research & Development is $1.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuel Tech stock overvalued right now?
Based on GuruFocus' analysis, Fuel Tech (FTEK) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.13, compared to a current price of $1.94 — trading 71.7% above its estimated fair value. The current Research & Development is $1.97 Mil. Fuel Tech's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Fuel Tech (FTEK), the current Research & Development is $1.97 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fuel Tech (FTEK) Overvalued in 2026?

Based on GuruFocus' analysis, Fuel Tech stock appears to be overvalued. The current stock price of $1.94 is trading 71.7% above its estimated GF Value™ of $1.13. GuruFocus considers Fuel Tech to be Significantly Overvalued.

Key valuation signals for FTEK:

  • Research & Development: $1.97 Mil
  • GF Value™: $1.13 vs. price of $1.94 (71.7% above fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the FTEK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fuel Tech Business Description

Other Exchanges FUE1:Germany
Address 27601 Bella Vista Parkway, Warrenville, IL, USA, 60555-1617
Fuel Tech Inc is a technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources. The Fuel Chem technology segment uses chemical processes in combination with Computational Fluid Dynamics and Chemical Kinetics Modeling for boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.
63GF Score

Get the complete analysis for FTEK

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.94
Price
$1.13
GF Value