Earnings summaries and quarterly performance for NORTHERN TECHNOLOGIES INTERNATIONAL.
Research analysts who have asked questions during NORTHERN TECHNOLOGIES INTERNATIONAL earnings calls.
GR
Gus Richard
Northland Capital Markets
3 questions for NTIC
Also covers: AIP, AMBA, CAMT +7 more
ZL
Zach Liggett
Desmond Liggett Wealth Advisors
2 questions for NTIC
AR
Auguste Richard
Northland Capital Markets
1 question for NTIC
Also covers: AIP, AMBA, BURU +12 more
GW
Gregory Weaver
Invicta Capital Management
1 question for NTIC
Also covers: TRX
Joe Vidich
Manalapan Oracle Capital Management LLC
1 question for NTIC
Also covers: TGEN
Joseph Vidich
Manalapan Oracle Capital Management
1 question for NTIC
Tim Clarkson
Van Clemens
1 question for NTIC
Also covers: FSI
Timothy Clarkson
Van Clemens Capital
1 question for NTIC
Also covers: FSI
Recent press releases and 8-K filings for NTIC.
NTIC Reports Record Q1 2026 Consolidated Net Sales and Provides Business Update
NTIC
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- NTIC reported record consolidated net sales of $23.3 million for the first quarter of fiscal 2026, a 9.2% increase year-over-year, driven by strong growth in Zerust Oil & Gas, NTIC China, and North American Natur-Tec sales.
- Net income for Q1 2026 was $238,000, or $0.03 per diluted share, compared to $561,000, or $0.06 per diluted share in the prior fiscal year period. Non-GAAP adjusted income was $344,000, or $0.04 per diluted share.
- Gross profit as a percentage of net sales was 36%, down from 38.3% in the prior year, primarily due to a temporary supplier lead time issue, but is expected to improve sequentially during fiscal 2026.
- Zerust Oil & Gas sales increased 58.1% to a record $2.4 million, and its Brazil subsidiary secured a three-year offshore project contract valued at approximately $13 million.
- Management anticipates higher year-over-year sales and profitability for fiscal 2026, expecting sales to grow faster than operating expenses, particularly in the third and fourth quarters.
7 days ago
NTIC Reports Record Q1 2026 Net Sales Amidst Profitability Decline
NTIC
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- NTIC reported record consolidated net sales of $23.3 million for Q1 fiscal 2026, an increase of 9.2% year-over-year, driven by strong performance in Zerust Oil & Gas, NTIC China, and North American Natur-Tec sales.
- Zerust Oil & Gas sales surged 58.1% to a record $2.4 million, benefiting from a three-year, $13 million contract in Brazil for an offshore project. NTIC China's net sales also increased 23.5% to $4.9 million.
- Despite record sales, net income decreased to $238,000 or $0.03 per diluted share in Q1 2026, down from $561,000 or $0.06 per diluted share in Q1 2025, primarily due to a lower gross profit margin of 36% caused by a temporary supplier lead time issue.
- The company expects gross margin to improve sequentially and anticipates higher year-over-year sales and profitability as fiscal 2026 progresses, with a strategic focus on flattening operating expenses and reducing debt.
7 days ago
NTIC Reports Record Q1 Fiscal 2026 Net Sales Amidst Profitability Decline
NTIC
Earnings
Revenue Acceleration/Inflection
Guidance Update
- NTIC achieved record consolidated net sales of $23.3 million for the first quarter of fiscal 2026 (ended November 30, 2025), marking a 9.2% increase year-over-year, with significant contributions from Zerust Oil & Gas sales which grew 58.1% to a record $2.4 million.
- The company's net income for Q1 fiscal 2026 was $238,000, or $0.03 per diluted share, a decrease from the prior year's $561,000 or $0.06 per diluted share, primarily due to a lower gross profit margin of 36% (compared to 38.3%) attributed to a temporary supplier lead time issue.
- NTIC's joint venture sales increased 2.9% to $24.5 million, though joint venture operating income decreased 5.1% due to higher operating expenses.
- Management anticipates sequential improvement in gross margin and expects higher year-over-year sales coupled with controlled operating expense growth to enhance profitability throughout fiscal 2026, with significant growth projected for the third and fourth quarters.
7 days ago
NTIC Reports Record Q1 FY26 Net Sales and Strong Segment Growth
NTIC
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- NTIC achieved record consolidated net sales during Q1 FY26, marking its strongest year-over-year growth rate since FY24.
- Key product segments demonstrated significant growth, with ZERUST® oil and gas net sales increasing 58.1% to $2.4 million, ZERUST® industrial net sales rising 6.9% to $14.9 million, and NTIC China net sales growing 23.5% to $4.9 million.
- Operating expenses as a percentage of Q1 FY26 sales improved for the third consecutive quarter, reaching 41.8%, while the Q1 FY26 gross profit margin was 36.0%, with expectations for sequential improvement throughout FY26.
- As of November 30, 2025, NTIC's combined revolving line of credit and term loan balance totaled $12.0 million, against $6.4 million in cash and cash equivalents, plus an additional $15.6 million of cash held at its joint ventures.
- In November 2025, Zerust Brazil secured a new three-year offshore project valued at approximately $13 million.
7 days ago
Northern Technologies International Corporation Reports Record Q1 Fiscal 2026 Sales
NTIC
Earnings
Revenue Acceleration/Inflection
Guidance Update
- Northern Technologies International Corporation (NTIC) reported record consolidated net sales of $23,309,000 for the first quarter of fiscal 2026, representing a 9.2% increase year-over-year.
- Despite the record sales, net income attributable to NTIC decreased to $238,000, or $0.03 per diluted share, compared to $561,000, or $0.06 per diluted share, in the prior year period.
- The company's gross profit, as a percentage of net sales, decreased 230 basis points to 36.0%, and operating income decreased 15.6% to $934,000.
- Management noted that sales growth was driven by ZERUST® oil and gas, NTIC China, and North American Natur-Tec sales, and anticipates gross margin to improve sequentially during fiscal 2026.
7 days ago
Northern Technologies International Reports First Quarter Fiscal 2026 Financial Results
NTIC
Earnings
Revenue Acceleration/Inflection
Guidance Update
- Northern Technologies International Corporation (NTIC) reported record consolidated net sales of $23,309,000 for the first quarter of fiscal 2026, an increase of 9.2% year-over-year. This growth was primarily driven by record sales in ZERUST® oil and gas, which increased 58.1% to $2,394,000, and ZERUST® industrial, which rose 6.9% to $14,923,000.
- Despite the sales growth, gross profit as a percentage of net sales decreased by 230 basis points to 36.0%, and operating income declined 15.6% to $934,000 for the three months ended November 30, 2025.
- Net income attributable to NTIC for the first quarter of fiscal 2026 was $238,000, or $0.03 per diluted share, compared to $561,000, or $0.06 per diluted share, in the prior year. The effective income tax rate increased to 34.4% from 21.5% in the same period last fiscal year.
7 days ago
NTIC Reports Q4 and Full-Year Fiscal 2025 Results with Mixed Segment Performance and Optimistic Fiscal 2026 Outlook
NTIC
Earnings
Guidance Update
New Projects/Investments
- NTIC reported a 4.4% decrease in consolidated net sales to $22.3 million for Q4 2025 and a 1.0% decrease for the full fiscal year 2025, resulting in a net loss of $1.1 million ($0.11 per diluted share) for Q4 2025 and net income of $18,000 ($0.00 per diluted share) for the full fiscal year.
- Performance varied across segments, with Zerust oil and gas net sales decreasing 29.4% in Q4 2025 and NatureTech net sales decreasing 10%, while Zerust industrial net sales increased 5.8% and NTIC China sales increased 12%. Joint venture sales increased 4.7% in Q4 2025 to $24.4 million.
- The company secured a three-year contract for a major offshore project in Brazil for its Zerust oil and gas business, valued at approximately BRL 70 million (or $13 million), which is expected to ramp up in fiscal 2026 and continue through calendar 2028.
- NTIC anticipates re-accelerated growth and improved profitability in fiscal 2026, driven by strategic investments, expected significant growth in Zerust oil and gas and NatureTech, and a focus on maintaining operating expenses at fiscal 2025 levels.
- The company also aims to pay down its $9.3 million outstanding debt under its revolving line of credit in fiscal 2026, as capital expenditures in North America are expected to be minimal.
Nov 18, 2025, 2:00 PM
NTIC Reports Q4 and Full-Year Fiscal 2025 Financial Results
NTIC
Earnings
Guidance Update
Demand Weakening
- NTIC reported a net loss of $1.1 million or $0.11 per diluted share for Q4 fiscal 2025, with full-year fiscal 2025 net income at $18,000 or $0.00 per diluted share. Consolidated net sales for Q4 fiscal 2025 decreased 4.4% to $22.3 million, and 1.0% for the full fiscal year.
- Gross profit margin declined to 37.9% in Q4 fiscal 2025 and 37.6% for the full fiscal year, attributed to a less profitable sales mix. Operating expenses increased 2.2% in Q4 fiscal 2025, reaching 43.5% of net sales, due to strategic investments.
- Segment performance in Q4 fiscal 2025 saw Zerust oil and gas net sales decrease 29.4% and Natur-Tec net sales decrease 10%. In contrast, NTIC China sales increased 12% to $4 million for the quarter and 14% to $16.2 million for the full fiscal year.
- For fiscal 2026, NTIC anticipates re-accelerated growth and improved profitability, supported by strategic investments and new contracts, such as Zirus Brazil's $13 million (BRL 70 million) three-year offshore project. The company aims to maintain operating expenses and reduce its outstanding debt.
Nov 18, 2025, 2:00 PM
Northern Technologies International Corporation Reports Q4 and Full Year Fiscal 2025 Financial Results
NTIC
Earnings
Demand Weakening
Guidance Update
- Northern Technologies International Corporation reported a 1.0% decrease in consolidated net sales for fiscal year 2025, reaching $84,234,000, and a 4.4% decrease for the fourth quarter to $22,315,000.
- Net income attributable to NTIC for fiscal year 2025 was $18,000, or $0.00 per diluted share, a significant decline from $5,409,000, or $0.55 per diluted share, in the prior year.
- The company recorded a net loss attributable to NTIC of $(1,100,000), or $(0.12) per diluted share, for the fourth quarter of fiscal 2025.
- Operating income for fiscal year 2025 decreased 67.3% to $2,570,000, with gross profit as a percentage of net sales declining by 210 basis points to 37.6%.
- Management attributed the performance to challenging market conditions, shifting order timing, and increased operating expenses from strategic investments, but anticipates renewed growth and improved profitability in fiscal 2026.
Nov 18, 2025, 1:01 PM
Northern Technologies International Subsidiary Secures Multi-Year Offshore Contract
NTIC
New Projects/Investments
Guidance Update
Revenue Acceleration/Inflection
- Northern Technologies International Corporation's (NTIC) 85%-owned subsidiary, Zerust Brazil, secured a three-year contract with a leading global engineering, procurement, and construction (EPC) company.
- This agreement, which will ramp during fiscal 2026 and run through calendar 2028, is for providing advanced corrosion protection solutions for floating production storage and offloading (FPSO) units.
- The contract has an estimated total value of approximately R$70 million (US$13 million), comprising R$40 million (US$7.4 million) for materials and R$30 million (US$5.6 million) for engineering and field services.
- Revenue will be recognized by Zerust Brazil over the duration of the agreement as products are delivered and services are performed.
Nov 4, 2025, 1:00 PM
Quarterly earnings call transcripts for NORTHERN TECHNOLOGIES INTERNATIONAL.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more