Northern Technologies International Corp income statement
In fiscal 2025, Northern Technologies International Corp reported revenue of $84.2m, down 1.0% on the year before, operating income of $2.6m (a 3.1% margin) and net income of $17,619, or $0.00 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Aug 2011 | 2012Aug 2012 | 2013Aug 2013 | 2014Aug 2014 | 2015Aug 2015 | 2016Aug 2016 | 2017Aug 2017 | 2018Aug 2018 | 2019Aug 2019 | 2020Aug 2020 | 2021Aug 2021 | 2022Aug 2022 | 2023Aug 2023 | 2024Aug 2024 | 2025Aug 2025 | LTMMay 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 20 | 23 | 23 | 27 | 30 | 33 | 40 | 14 | 56 | 48 | 56 | 74 | 80 | 85 | 84 | 92 |
| Cost of revenue | — | — | — | — | — | — | 26 | 34 | 38 | 32 | 37 | 51 | 52 | 51 | 53 | 59 |
| Gross profit | 7 | 8 | 7 | 9 | 10 | 11 | 13 | 17 | 18 | 16 | 20 | 23 | 28 | 34 | 32 | 33 |
| Research and development | 4 | 4 | 4 | 4 | 4 | 5 | 3 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 |
| General and administrative | 4 | 4 | 5 | 5 | 7 | 8 | 8 | 9 | 9 | 9 | 8 | 11 | 13 | 14 | 15 | 16 |
| Operating income | 5 | 5 | 5 | 7 | 3 | 1 | 5 | 8 | 7 | 2 | 8 | 5 | 6 | 8 | 3 | 3 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Income tax | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 1 | 1 | 2 | 2 |
| Net income | 4 | 3 | 3 | 4 | 2 | −1 | 3 | 7 | 5 | −1 | 6 | 6 | 3 | 5 | 0 | −1 |
| Diluted EPS | $0.89 | $0.78 | $0.38 | $0.90 | $0.19 | −$0.19 | $0.75 | $0.72 | $0.55 | −$0.15 | $0.64 | $0.66 | $0.30 | $0.55 | $0.00 | −$0.12 |
| Diluted shares (average) | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 10m | 10m | 10m | 10m | 10m | 9m |
| EBITDA | 5 | 5 | 5 | 7 | 4 | 2 | 5 | 9 | 7 | 2 | 9 | 6 | 7 | 9 | 4 | 4 |
| Quarter | 2024 Q4Aug 2024 | 2025 Q1Nov 2024 | 2025 Q2Feb 2025 | 2025 Q3May 2025 | 2025 Q4Aug 2025 | 2026 Q1Nov 2025 | 2026 Q2Feb 2026 | 2026 Q3May 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23 | 21 | 19 | 22 | 22 | 23 | 22 | 24 |
| Cost of revenue | 13 | 13 | 12 | 13 | 14 | 15 | 14 | 16 |
| Gross profit | 10 | 8 | 7 | 8 | 8 | 8 | 8 | 8 |
| Research and development | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| General and administrative | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 |
| Operating income | 3 | 1 | −0 | 1 | 1 | 1 | 0 | 1 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income tax | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Net income | 2 | 1 | 0 | 0 | −1 | 0 | −0 | −0 |
| Diluted EPS | $0.19 | $0.06 | $0.04 | $0.01 | −$0.12 | $0.03 | $0.00 | −$0.03 |
| EBITDA | 3 | 1 | −0 | 1 | 1 | 1 | 1 | 1 |
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