CPS Technologies vs Fuel Tech
CPS Technologies is the larger business, with $32.6m of revenue in fiscal 2025 against $26.7m for Fuel Tech (1.2 times as much). CPS Technologies grew faster (54.3% against 6.1%). CPS Technologies kept more of each dollar of sales as profit: a net margin of 1.3% against -8.7%.
| Latest fiscal year | CPS TechnologiesCPSH, 2025 | Fuel TechFTEK, 2025 |
|---|---|---|
| Revenue | $32.6m | $26.7m |
| Revenue growth | 54.3% | 6.1% |
| Net income | $420,354 | −$2.3m |
| Operating margin | — | -13.8% |
| Net margin | 1.3% | -8.7% |
| Return on equity | 2.1% | -5.7% |
| Free cash flow | −$487,018 | $2.3m |
| Cash | $4.5m | $11.9m |
| Total debt | — | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $222,000 |
| Employees | 117 | 77 |
| Market value | $67.9m | $44.6m |
| Price vs our value range | — | — |
| Moat score | 28 (Weak) | 34 (Weak) |
| Insider trades, 12 months | 2 buys, 0 sales | 2 buys, 0 sales |