NORTHERN TECHNOLOGIES INTERNATIONAL CORP
Financial highlights
| Metric | FY 08/31/25 | FY 08/31/24 | FY 08/31/23 | FY 08/31/22 | FY 08/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $84.2M | $85.1M | $79.9M | $74.2M | $56.5M |
| Cost of revenue | $52.6M | $51.3M | $52.1M | $51.1M | $36.9M |
| Gross profit | $31.7M | $33.8M | $27.8M | $23.1M | $19.6M |
| Research and development | $5.0M | $4.8M | $5.0M | $4.8M | $4.4M |
| Operating expenses | $37.7M | $35.4M | $33.4M | $28.4M | $24.7M |
| Operating income | $2.6M | $7.9M | $6.0M | $5.1M | $8.3M |
| Interest expense | $599,927 | $340,129 | $461,805 | $89,096 | $16,086 |
| Income tax expense | $2.0M | $1.3M | $1.3M | $1.9M | $1.5M |
| Net income | $17,619 | $5.4M | $2.9M | $6.3M | $6.3M |
| Balance Sheet | |||||
| Cash and equivalents | $7.3M | $5.0M | $5.4M | $5.3M | $7.7M |
| Current assets | $44.3M | $41.6M | $39.7M | $40.2M | $33.7M |
| Total assets | $102.7M | $94.7M | $89.3M | $86.2M | $74.4M |
| Current liabilities | $23.9M | $17.9M | $16.7M | $17.1M | $8.5M |
| Stockholders' equity | $72.1M | $71.2M | $66.4M | $63.6M | $62.4M |
| Cash Flow Statement | |||||
| Cash from operations | $2.4M | $5.9M | $5.5M | $1.1M | $2.9M |
| Depreciation and amortization | $979,981 | $1.2M | $1.0M | $938,489 | $905,299 |
| Stock-based compensation | $1.4M | $1.4M | $1.3M | $931,532 | $664,174 |
| Capital expenditure | $1.5M | $1.9M | $3.2M | $1.5M | $5.5M |
| Free cash flow | $916,518 | $4.0M | $2.3M | -$350,596 | -$2.6M |
| Dividends paid | $1.5M | $2.6M | $2.6M | $2.6M | $1.8M |
| Impairments | $0 | $0 | $0 | — | — |
Shares outstanding 9.5M · Free float 82.4%
Annual filing data through FY ended August 31, 2025; float as of July 11, 2026.