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NORTHERN TECHNOLOGIES INTERNATIONAL CORP

CIK: 875582 SIC: 3470
$86.20M
Revenue
$-305.65K
Net Income
37.00%
Gross Margin
2.78%
Op. Margin
$2.93M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 13 of 41 quarterly reports available
Breakdown Q1 2026
(Nov 30, 2025)
Q4 2025
(Aug 31, 2025)
Q3 2025
(May 31, 2025)
Q2 2025
(Feb 28, 2025)
Q1 2025
(Nov 30, 2024)
Q4 2024
(Aug 31, 2024)
Q3 2024
(May 31, 2024)
Q2 2024
(Feb 29, 2024)
Q1 2024
(Nov 30, 2023)
Q1 2023
(Nov 30, 2022)
Q4 2022
(Aug 31, 2023)
Q3 2022
(May 31, 2022)
Q2 2022
(Feb 28, 2022)
+ Total Revenue $23.31M $22.32M $21.51M $19.07M $21.34M $23.35M $20.69M $20.84M $20.18M $19.95M $26.00M $18.96M $16.75M
Revenue Growth % (YoY) 9.2% -4.4% 4.0% -8.5% 5.7% nan% nan% nan% 1.1% nan% nan% nan% nan%
Cost of Revenue $14.93M $13.86M $13.25M $12.28M $13.18M $13.13M $12.79M $12.50M $12.85M $13.60M $15.12M $12.72M $11.76M
+ Gross Profit $8.38M $8.46M $8.26M $6.80M $8.16M $10.22M $7.89M $8.34M $7.33M $6.35M $10.87M $6.24M $4.98M
Gross Margin % 36.0% 37.9% 38.4% 35.6% 38.3% 43.8% 38.2% 40.0% 36.3% 31.8% 41.8% 32.9% 29.8%
Operating Expenses $9.74M $9.70M $9.67M $8.82M $9.47M $9.49M $8.98M $8.61M $8.31M $7.89M $12.53M $7.11M $6.71M
Research & Development $1.22M $1.27M $1.14M $1.29M $1.34M $1.21M $1.25M $1.24M $1.11M $1.26M $1.41M $1.10M $1.22M
+ Operating Income $933.63K $929.37K $867.19K $-332.93K $1.11M $2.76M $1.52M $2.21M $1.38M $829.58K $2.49M $1.82M $445.22K
Operating Margin % 4.0% 4.2% 4.0% -1.7% 5.2% 11.8% 7.4% 10.6% 6.8% 4.2% 9.6% 9.6% 2.7%
Interest Expense $199.97K $178.46K $162.10K $139.16K $120.22K $91.29K $59.94K $77.76K $111.14K $91.33K $427.73K $23.78K $7.40K
Income Tax Expense $265.03K $1.14M $410.46K $275.20K $217.87K $477.41K $332.40K $289.19K $226.80K $110.73K $89.16K $604.31K $151.74K
+ Net Income $237.82K $-1.10M $121.78K $434.32K $561.09K $1.84M $976.60K $1.70M $895.52K $502.24K $-2.76M $1.00M $182.85K
Net Margin % 1.0% -4.9% 0.6% 2.3% 2.6% 7.9% 4.7% 8.2% 4.4% 2.5% -10.6% 5.3% 1.1%
Basic EPS 0.03 -0.12 0.01 0.05 0.06 0.19 0.10 0.18 0.09 0.05 -0.31 0.11 0.02
Diluted EPS 0.03 -0.12 0.01 0.04 0.06 0.19 0.10 0.17 0.09 0.05 -0.29 0.11 0.02
Basic Shares Outstanding 9.5M 118 9.5M 9.5M 9.5M 1K 9.4M 9.4M 9.4M 9.3M 143K 9.2M 9.2M
Diluted Shares Outstanding 9.5M -47K 9.5M 9.8M 9.8M 14K 10.0M 9.7M 9.7M 9.7M 11K 9.6M 9.7M
Breakdown Q1 2026
(Nov 30, 2025)
Q4 2025
(Aug 31, 2025)
Q3 2025
(May 31, 2025)
Q2 2025
(Feb 28, 2025)
Q1 2025
(Nov 30, 2024)
Q4 2024
(Aug 31, 2024)
Q3 2024
(May 31, 2024)
Q2 2024
(Feb 29, 2024)
Q1 2024
(Nov 30, 2023)
Q1 2023
(Nov 30, 2022)
Q4 2022
(Aug 31, 2023)
Q3 2022
(May 31, 2022)
Q2 2022
(Feb 28, 2022)
Cash & Cash Equivalents $6.39M $7.25M $6.77M $5.09M $5.57M $4.95M $5.79M $4.84M $6.09M $6.07M $5.41M $6.12M $7.49M
Inventory $16.11M $15.53M $14.92M $14.99M $14.34M $14.39M - - - - $13.10M - -
Total Current Assets $44.62M $44.34M $42.60M $39.62M $40.30M $41.58M $37.90M $37.33M $38.27M $39.89M $39.67M $38.97M $38.60M
Property Plant & Equipment $15.80M $15.18M $15.46M $14.81M $17.05M $16.27M $15.68M $14.96M $14.26M $12.15M $14.07M $12.07M $12.34M
Goodwill $4.78M $4.78M $4.78M $4.78M $4.78M $4.78M $4.78M $4.78M $4.78M $4.78M $4.78M $4.78M $4.78M
Intangible Assets $8.59M $8.83M $8.46M $8.67M $5.57M $5.68M $5.80M $5.93M $6.04M $6.53M $6.16M - -
Total Assets $104.03M $102.75M $99.30M $93.70M $94.04M $94.68M $89.27M $87.31M $88.80M $84.12M $89.34M $85.19M $84.95M
Accounts Payable $9.67M $8.04M $7.23M $7.26M $6.56M $6.39M $6.27M $6.49M $6.35M $6.03M $6.06M $6.00M $5.95M
Total Current Liabilities $25.18M $23.90M $20.94M $18.21M $18.12M $17.90M $14.79M $13.36M $15.85M $14.48M $16.72M $14.24M $13.27M
Deferred Tax Liabilities $1.51M $1.51M $1.50M $1.50M $1.50M $1.50M $1.84M $1.84M $1.84M $1.64M $1.84M $1.92M $1.90M
Common Stock $189.61K $189.51K $189.49K $189.41K $189.41K $189.34K $188.82K $188.55K $188.55K $187.33K $188.48K $184.65K $184.43K
Retained Earnings $52.42M $52.27M $53.47M $53.44M $53.67M $53.77M $52.60M $52.28M $51.24M $50.56M $51.00M $50.71M $50.36M
Total Stockholders Equity $72.36M $72.15M $72.36M $69.75M $70.21M $71.19M $68.85M $68.35M $67.29M $64.17M $66.36M $65.22M $66.07M
Total Liabilities & Equity $104.03M $102.75M $99.30M $93.70M $94.04M $94.68M $89.27M $87.31M $88.80M $84.12M $89.34M $85.19M $84.95M
Breakdown Q1 2026
(Nov 30, 2025)
Q4 2025
(Aug 31, 2025)
Q3 2025
(May 31, 2025)
Q2 2025
(Feb 28, 2025)
Q1 2025
(Nov 30, 2024)
Q4 2024
(Aug 31, 2024)
Q3 2024
(May 31, 2024)
Q2 2024
(Feb 29, 2024)
Q1 2024
(Nov 30, 2023)
Q1 2023
(Nov 30, 2022)
Q4 2022
(Aug 31, 2023)
Q3 2022
(May 31, 2022)
Q2 2022
(Feb 28, 2022)
Net Income $237.82K $-1.10M $1.12M $434.32K $561.09K $1.84M $976.60K $2.60M $895.52K $502.24K $-2.76M $5.68M $182.85K
Stock-based Compensation $310.80K $341.88K $1.02M $676.33K $341.89K $343.15K $1.04M $694.87K $350.93K $329.52K $639.09K $698.65K $465.77K
Change in Inventory $596.34K $648.96K $628.81K $846.59K $73.22K $1.14M $197.24K $-568.47K $-525.56K $-948.66K $-5.12M $2.09M $990.63K
Change in Payables $2.03M $669.48K $803.31K $940.60K $195.75K $148.83K $300.18K $417.65K $270.19K $-1.57M $-2.42M $908.61K $674.15K
Operating Cash Flow $341.91K $-1.37M $3.81M $3.20M $2.40M $-1.70M $7.58M $5.64M $3.08M $2.00M $3.76M $1.78M $2.12M
Capital Expenditure $821.62K $36.42K $1.49M $709.06K $1.22M $782.82K $2.52M $1.44M $390.73K $409.09K $2.29M $961.70K $618.53K
Acquisitions - - - - - - - - - - $-5.06M $5.06M $5.06M
Investing Cash Flow $-821.62K $-552.20K $-3.38M $-2.58M $-1.26M $-817.05K $-2.60M $-1.51M $-423.87K $-453.54K $3.19M $-6.53M $-5.79M
Dividends Paid $94.81K $94.75K $1.42M $1.33M $662.94K $661.55K $1.98M $1.32M $659.93K $655.64K $689.56K $1.93M $1.29M
Financing Cash Flow $-383.75K $2.40M $1.46M $-320.35K $-393.34K $1.63M $-4.59M $-4.76M $-2.02M $-730.39K $-4.69M $2.63M $2.79M
Net Change in Cash $-860.71K $477.12K $1.82M $138.45K $617.65K $-842.64K $388.65K $-571.14K $687.86K $732.43K $1.63M $-1.56M $-192.83K
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing Period ended: Nov 30, 2025
Condensed Consolidated Statements of Operations
Description Nov 30, 2025
Current Prior Year
Total Revenue $23.31M $21.34M
Cost of Revenue $14.93M $13.18M
Gross Profit $8.38M $8.16M
Operating Expenses $9.74M $9.47M
Research & Development $1.22M $1.34M
Operating Income $933.63K $1.11M
Interest Expense $199.97K $120.22K
Income Tax Expense $265.03K $217.87K
Net Income $237.82K $561.09K
Basic EPS 0.03 0.06
Diluted EPS 0.03 0.06
Basic Shares Outstanding $9.48M $9.47M
Diluted Shares Outstanding $9.49M $9.75M
Condensed Consolidated Balance Sheets
Description Nov 30, 2025 Aug 31, 2025
Cash & Cash Equivalents $6.39M $7.25M
Inventory $16.11M $15.53M
Total Current Assets $44.62M $44.34M
Property Plant & Equipment $15.80M $15.18M
Goodwill $4.78M $4.78M
Intangible Assets $8.59M $8.83M
Total Assets $104.03M $102.75M
Accounts Payable $9.67M $8.04M
Total Current Liabilities $25.18M $23.90M
Deferred Tax Liabilities $1.51M $1.51M
Common Stock $189.61K $189.51K
Retained Earnings $52.42M $52.27M
Total Stockholders Equity $72.36M $72.15M
Total Liabilities & Equity $104.03M $102.75M
Condensed Consolidated Statements of Cash Flows
Description Nov 30, 2025
Current Prior Year
Net Income $237.82K $561.09K
Stock-based Compensation $310.80K $341.89K
Change in Inventory $596.34K $73.22K
Change in Payables $2.03M $195.75K
Operating Cash Flow $341.91K $2.40M
Capital Expenditure $821.62K $1.22M
Investing Cash Flow $-821.62K $-1.26M
Dividends Paid $94.81K $662.94K
Financing Cash Flow $-383.75K $-393.34K
Net Change in Cash $-860.71K $617.65K

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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