Northern Technologies International (NTIC) Financial Statements & Analysis

Northern Technologies International (NTIC) Income Statement

Northern Technologies International reported revenue of $84.23M in fiscal 2025 (fiscal year ended Aug 31, 2025), down 1.0% from $85.06M a year earlier. Net income was $17.62K, down 99.7% year over year, a net margin of 0.00%. Gross margin was 37.6% and operating margin 3.1%. In the most recent quarter, Q3 fiscal 2026 (ended May 31, 2026), revenue was $24.22M, up 12.6% from the same quarter a year earlier.

Northern Technologies International Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Northern Technologies International Corporation income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Aug 2025	Aug 2024	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017
Revenue & Gross Profit
Revenue	84.23	85.06	79.90	74.16	56.49	47.64	55.75	51.42	39.57
Cost of Revenue	52.56	51.27	52.10	51.09	36.92	31.61	37.97	34.17	26.32
Gross Profit	31.68	33.79	27.80	23.07	19.57	16.03	17.78	17.26	13.25
Operating Expenses
Research & Development	5.04	4.80	4.97	4.78	4.40	3.98	3.82	3.52	2.91
Selling, General & Administrative	32.61	30.59	28.46	23.64	20.28	19.34	20.32	19.39	17.09
Operating Expenses	29.11	25.92	33.43	28.41	11.25	14.44	24.14	22.91	20.00
Operating Income	2.57	7.87	-5.62	-5.35	8.32	1.59	6.59	8.02	4.60
Other Income/Expense
Interest Income	0.31	0.12	0.03	0.05	0.15	0.17	0.08	0.10	0.04
Interest Expense	-0.60	-0.34	0.46	0.09	-0.02	0.02	0.01	0.02	0.02
Other Income/Expense	0.46	-0.22	11.21	14.45	0.14	0.15	0.06	0.08	0.02
Income
Income Before Tax	3.03	7.65	5.59	9.06	8.46	1.74	6.66	8.10	4.62
Income Tax Expense	2.05	1.33	1.35	1.87	1.46	2.67	0.84	0.88	0.70
Net Income	0.02	5.41	2.91	6.32	6.28	-1.34	5.21	6.70	3.42
Net Income - Continuous Operations	0.02	6.32	2.91	7.19	6.28	-1.34	5.21	6.70	3.42
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	0.79	5.40	7.68	10.72	1.97	2.82	7.77	9.22	5.55
EBIT	-0.97	3.65	-0.43	9.15	0.86	-	-	-	-
Depreciation & Amortization	1.76	1.75	1.63	1.57	1.11	1.07	1.10	1.11	0.91
Earnings Per Share
Basic EPS	-	1.00	-	1.00	1.00	-	1.00	1.00	-
Diluted EPS	-	1.00	-	1.00	1.00	-	1.00	1.00	-
Basic Shares Outstanding	9.48	9.43	9.36	9.22	9.12	9.10	9.09	9.08	9.06
Diluted Shares Outstanding	9.64	9.83	9.69	9.64	9.87	9.10	9.42	9.37	9.15

Source: Company financial statements from annual and quarterly filings. Data as of May 31, 2026. Data sources and methodology

Frequently Asked Questions About Northern Technologies International Financial Statements

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

Northern Technologies International reported revenue of $84.23M in fiscal 2025 (fiscal year ended Aug 31, 2025). That was down 1.0% from $85.06M a year earlier.

Is Northern Technologies International profitable?

Yes. Northern Technologies International earned net income of $17.62K in fiscal 2025, a net margin of 0.00%. In fiscal 2024 it earned $5.41M.

What is Northern Technologies International's operating margin?

Northern Technologies International's operating income was $2.57M on revenue of $84.23M in fiscal 2025, an operating margin of 3.1%, compared with 9.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition