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Northern Technologies International Corp. (NTIC)

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Northern Technologies International Corp. (NTIC) reported revenue of $24 million for Q3 FY2026, the quarter ended 31 May 2026, up 12.6% on the same quarter a year earlier. Net income was -$263,291, and diluted earnings per share $-0.03. The figures are the company's own, from the 10-Q it filed with the SEC on 9 July 2026.

Revenue$24 millionup 12.6%
Net income-$263,291
Diluted EPS$-0.03
QuarterQ3 FY2026ended 31 May 2026

Northern Technologies International (NTIC) in brief

Northern Technologies International (NTIC) reported revenue of $84 million for fiscal 2025, the year ended 31 August 2025, down 1.0% on the year before.
Read moreNet income was $0 million and diluted earnings per share $0.00. Revenue was $85 million in fiscal 2024, $80 million in fiscal 2023, $74 million in fiscal 2022 and $56 million in fiscal 2021. Net income in the same years was $5 million, $3 million, $6 million and $6 million. Over the twelve months to 31 May 2026, Northern Technologies International reported revenue of $92 million and net loss of $1 million. Revenue grew 12.1% a year, compounded, over the five years to fiscal 2025. Northern Technologies International declared $0.16 a share in dividends over the last four quarters and had 9 million shares outstanding at the latest filed count. At 31 May 2026 it carried $15 million of debt and $7 million of cash. At the close of 30 October 2026 the market cap of Northern Technologies International was $72 million.

Ratios

From the filings

ROE-1.6%
ROCE3.1%
Operating margin3.0%
Net margin-1.3%
FCF marginn/a
Interest cover3.54
Debt to equity0.21
Cash conversionn/a
Share count, last 12 months0.2%
Sales CAGR, 3 years4.3%
Profit CAGR, 3 years-85.9%
EPS, TTM-$0.11

At the close of 30 October 2026

Price$7.53
Market cap$72 million
Stock P/En/a
Price to book0.98
EV / EBITDAn/a
Dividend yield2.1%
Market cap / sales0.78
52-week high$9.89
52-week low$7.35
Price, 1 year-0.5%
Price CAGR, 3 years-15.5%
Price CAGR, 5 years-13.2%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of Northern Technologies International Corp.'s balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
NTICgreeksoup.ai
Daily prices to 30 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on NTIC

Dividends$0.16 a share in FY2025
Filings16 in twelve months: 9 current reports (8-K), about 4 results of operations; 2 officer or director change; 1 regulation FD disclosure; 1 other events; 1 shareholder vote
Planned insider sales2 Form 144 notices in twelve months, $225,429; latest 29 July 2026
Options tapeno listed options
13F holders43 funds reported a position for the quarter to 30 June 2026; largest Needham Investment Management LLC
Insider trading3 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest7,671 shares short, 1.97 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023 †Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue15.518.216.719.020.320.018.321.020.720.220.820.723.321.319.121.522.323.322.024.2
Cost of revenue9.912.511.812.714.113.612.013.413.312.812.512.813.113.212.313.213.914.914.116.1
Gross profit5.65.75.06.26.16.46.37.67.57.38.37.910.28.26.88.38.58.47.98.1
Gross margin36%31%30%33%30%32%34%36%36%36%40%38%44%38%36%38%38%36%36%34%
R&D1.21.21.21.11.21.31.11.21.41.11.21.21.21.31.31.11.31.21.21.2
Operating income2.31.30.41.81.60.80.82.42.01.42.21.52.81.1-0.30.90.90.90.40.5
Operating margin15%7%3%10%8%4%4%11%10%7%11%7%12%5%-2%4%4%4%2%2%
Interest expense0.00.00.00.00.10.10.10.10.10.10.10.10.10.10.10.20.20.20.20.2
Net income1.74.50.21.00.60.50.41.50.50.91.71.01.80.60.40.1-1.10.2-0.0-0.3
Net margin11%25%1%5%3%3%2%7%2%4%8%5%8%3%2%1%-5%1%-0%-1%
Diluted EPS$0.17$0.46$0.02$0.11$0.07$0.05$0.04$0.16$0.10$0.09$0.17$0.10$0.19$0.06$0.04$0.01-$0.11$0.03$0.00-$0.03
Operating cash flow1.83.3-1.2-0.3-0.62.00.21.32.03.12.61.9-1.72.40.80.6-1.40.3-1.70.6
Capital expenditure4.80.30.30.30.50.41.50.70.60.41.11.10.81.2n/a0.8n/a0.80.20.0
Free cash flow-3.03.0-1.5-0.7-1.21.6-1.30.61.42.71.50.9-2.51.2n/a-0.2n/a-0.5-1.90.6
Dividends paid0.60.60.60.60.60.70.70.70.70.70.70.70.70.70.70.10.10.10.10.0
Shares outstanding9m9m9m9m9m9m9m9m9m9m9m9m9m9m9m9m9m9m9m9m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 15 fiscal years and the trailing twelve months

FY2011FY2012FY2013 †FY2014 †FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023 †FY2024 †FY2025TTM
Revenue19.522.822.526.830.332.939.651.455.847.656.574.279.985.184.291.8
Cost of revenue12.814.515.517.820.622.326.334.238.031.636.951.152.151.352.659.0
Gross profit6.88.37.09.09.810.613.317.317.816.019.623.127.833.831.732.8
Gross margin34.6%36.2%31.2%33.6%32.2%32.2%33.5%33.6%31.9%33.6%34.6%31.1%34.8%39.7%37.6%35.8%
Research and development4.43.93.84.44.04.72.93.53.84.04.44.85.04.85.04.9
Operating income4.64.65.06.73.21.34.68.06.61.68.35.16.07.92.62.8
Operating margin23.7%20.1%22.1%25.0%10.4%3.9%11.6%15.6%11.8%3.3%14.7%6.9%7.5%9.3%3.1%3.0%
Interest expense0.10.00.10.00.00.00.00.00.00.00.00.10.50.30.60.8
Income tax0.71.00.91.10.60.60.70.90.82.71.51.91.31.32.01.9
Net income3.93.43.44.11.8-0.93.46.75.2-1.36.36.32.95.40.0-1.2
Net margin20.0%15.1%15.0%15.3%5.9%-2.6%8.6%13.0%9.3%-2.8%11.1%8.5%3.6%6.4%0.0%-1.3%
Diluted EPS$0.45$0.39$0.38$0.45$0.19-$0.10$0.38$0.71$0.55-$0.15$0.64$0.66$0.30$0.55$0.00-$0.11
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment FY2024 to FY2025

FY2024FY2025Share
of the parts, latest year
ZERUST63.162.574.2%
NaturTec22.021.725.8%
ZERUSTNaturTec
85.1FY202484.2FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2011FY2012FY2013 †FY2014 †FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023 †FY2024 †FY2025TTM
Operating cash flow-1.1-0.4-1.2-0.0-0.82.15.70.65.54.92.91.15.55.92.4-2.1
Capital expenditure0.61.01.51.61.40.60.90.71.00.75.51.53.21.91.5n/a
Free cash flow-1.7-1.4-2.7-1.6-2.21.44.8-0.14.54.2-2.6-0.42.34.00.9n/a
Free cash flow margin-8.7%-6.3%-12.1%-6.0%-7.2%4.3%12.2%-0.1%8.1%8.8%-4.7%-0.5%2.9%4.7%1.1%n/a
Cash from investing2.21.4-0.1-7.51.9-1.0-2.6-0.3-1.3-2.8-0.1-7.1-3.3-3.4-3.9-1.8
Cash from financing0.40.0-1.6-1.8n/a-0.3-0.2-2.4-2.4-1.5-1.53.2-2.1-3.03.94.4
Depreciation and amortisationn/an/an/an/an/an/an/an/an/an/an/a1.61.61.81.8n/a
Share-based compensation0.20.30.30.50.50.40.40.41.41.30.70.91.31.41.41.3
Buybacksn/an/an/an/a0.00.10.2n/an/an/an/an/an/an/an/an/a
Dividends paidn/an/an/an/an/an/an/a1.82.21.21.82.62.62.61.50.3
Dividend per sharen/an/an/an/an/an/a$0.00$0.20$0.24$0.13$0.20$0.28$0.28$0.28$0.16n/a
Diluted shares, weighted9m9m9m9m9m9m9m9m9m9m10m10m10m10m10m9m
Shares outstanding at period end9m9m9m9m9m9m9m9m9m9m9m9m9m9m9m9m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2011FY2012FY2013 †FY2014 †FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023 †FY2024 †FY2025TTM
Funded by
Shareholders' equity34.536.840.745.844.944.548.953.156.656.762.463.666.471.272.172.8
Non-controlling interest0.10.23.83.83.02.52.92.73.13.03.43.64.34.04.64.5
Debt1.00.90.9n/an/an/an/an/an/a0.00.05.96.47.112.715.2
Operating lease liabilitiesn/an/an/an/an/an/an/an/an/a0.30.10.20.10.10.10.2
Other liabilities4.44.03.74.53.74.04.97.77.86.18.512.912.212.313.214.5
Total liabilities and equity40.041.949.154.151.651.156.663.567.566.174.486.289.394.7103107
Owned
Fixed assets3.64.35.36.57.37.37.47.27.47.111.812.214.116.315.214.9
Goodwilln/an/an/an/an/an/an/an/an/an/a0.04.84.84.84.84.8
Intangible assets0.91.01.11.21.31.31.31.21.00.80.76.66.25.78.88.3
Investmentsn/an/an/a5.52.02.23.83.33.65.50.00.00.0n/an/an/a
Cash and equivalents3.34.14.32.52.63.46.44.25.96.47.75.35.45.07.37.3
Inventory3.8n/an/a6.07.57.77.59.110.511.011.116.313.114.415.515.8
Other assets28.432.538.432.430.929.230.338.639.235.343.040.945.848.651.256.1
Total assets40.041.949.154.151.651.156.663.567.566.174.486.289.394.7103107
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded10.8%12.1%4.3%7.7%
Profit growth, compounded-37.0%n/a-85.9%n/a
Return on equity, average5.7%6.4%4.0%0.0%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Northern Technologies International's revenue in fiscal 2025?

Northern Technologies International (NTIC) reported revenue of $84 million for fiscal 2025, the year ended 31 August 2025, down 1.0% on the year before.

How much did Northern Technologies International earn in fiscal 2025?

Net income was $0 million for fiscal 2025, and diluted earnings per share $0.00.

What is Northern Technologies International's market cap?

The market cap of Northern Technologies International was $72 million at the close of 30 October 2026.

Does Northern Technologies International pay a dividend?

Yes. Northern Technologies International declared $0.16 a share in dividends over the four quarters to 31 May 2026.

How much debt does Northern Technologies International have?

At 31 May 2026 Northern Technologies International carried $15 million of debt and $7 million of cash.

Peers: Fabricated Products

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Materion Corp. MTRN$4.6 billion51.779.1%6.0%21.6%0.440.3%
X-Energy, Inc. XE$4.4 billionn/an/an/an/a0.00n/a
AZZ Inc. AZZ$4.0 billion24.2611.8%16.5%9.5%0.330.6%
Nuscale Power Corp. SMR$2.4 billionn/a-20.2%-6,854.0%-81.0%0.00n/a
Trimas Corp. TRS$1.4 billion1.5962.7%n/a5.0%0.280.4%
Xpel, Inc. XPEL$1.3 billion23.1917.9%13.5%13.2%0.15n/a
Park Ohio Holdings Corp. PKOH$625 million23.056.8%4.3%2.7%1.701.2%
Mayville Engineering Company, Inc. MEC$382 millionn/a-5.3%-2.2%11.8%0.39n/a
Northern Technologies International Corp. NTIC$72 millionn/a-1.6%3.0%7.7%0.212.1%
2 companies share its SEC industry code (Coating, Engraving & Allied Services); the rest are the names nearest in size in its wider industry, Fabricated Products, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q31 May 20269 July 2026EDGAR
10-Q28 February 20269 April 2026EDGAR
10-Q30 November 20258 January 2026EDGAR
10-K31 August 202520 November 2025EDGAR
10-Q31 May 202511 July 2025EDGAR
10-Q28 February 202510 April 2025EDGAR
10-Q30 November 202410 January 2025EDGAR
10-K31 August 202419 November 2024EDGAR
10-Q31 May 202411 July 2024EDGAR
10-Q29 February 202411 April 2024EDGAR