Northern Technologies International Corporation (NTIC) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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NTIC Revenue Growth
Revenue Breakdown (FY 2025)
NTIC's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
NTIC Revenue Analysis (2014–2025)
As of May 8, 2026, Northern Technologies International Corporation (NTIC) generated trailing twelve-month (TTM) revenue of $86.2 million, reflecting solid growth of +9.2% year-over-year. The most recent quarter (Q1 2026) recorded $23.3 million in revenue, up 4.5% sequentially.
Looking at the longer-term picture, NTIC's 5-year compound annual growth rate (CAGR) stands at +12.1%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $85.1 million in 2024.
Revenue diversification analysis shows NTIC's business is primarily driven by ZERUST (74%), and NaturTec (26%). With over half of revenue concentrated in ZERUST, the company maintains significant focus in this area while developing other growth vectors.
When compared to Basic Materials sector peers including KLIC (+11.2% YoY), ASIX (+0.3% YoY), and IOSP (-3.7% YoY), NTIC has underperformed the peer group in terms of revenue growth. Compare NTIC vs KLIC →
NTIC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $86M | +9.2% | +12.1% | -7.1% | ||
| $654M | +11.2% | +1.0% | -0.5% | ||
| $1.5B | +0.3% | +5.6% | 4.4% | ||
| $1.8B | -3.7% | +8.3% | 8.8% | ||
| $974M | +11.7% | +12.5% | 12.2% | ||
| $1.0B | +9.6% | +8.1% | 21.1% |
NTIC Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $84.2M | -1.0% | $31.7M | 37.6% | $-5,974,910 | -7.1% |
| 2024 | $85.1M | +6.5% | $33.8M | 39.7% | $-1,606,595 | -1.9% |
| 2023 | $79.9M | +7.7% | $27.8M | 34.8% | $-5,621,258 | -7.0% |
| 2022 | $74.2M | +31.3% | $23.1M | 31.1% | $-5,230,525 | -7.1% |
| 2021 | $56.5M | +18.6% | $19.6M | 34.6% | $-5,106,621 | -9.0% |
| 2020 | $47.6M | -14.5% | $16.0M | 33.6% | $-7,121,226 | -14.9% |
| 2019 | $55.8M | +8.4% | $17.8M | 31.9% | $-6,360,328 | -11.4% |
| 2018 | $51.4M | +30.0% | $17.3M | 33.6% | $-5,652,073 | -11.0% |
| 2017 | $39.6M | +20.1% | $13.3M | 33.5% | $-6,750,654 | -17.1% |
| 2016 | $32.9M | +8.6% | $10.6M | 32.2% | $-5,188,909 | -15.8% |
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Start ComparisonNTIC — Frequently Asked Questions
Quick answers to the most common questions about buying NTIC stock.
Is NTIC's revenue growth accelerating or slowing?
NTIC maintains +9.2% revenue growth, in line with its 5-year CAGR of +12.1%. TTM revenue stands at $86M. Growth rate remains consistent with historical average.
What is NTIC's long-term revenue growth rate?
Northern Technologies International Corporation's 5-year revenue CAGR of +12.1% reflects the sustained expansion pattern. Current YoY growth of +9.2% is near this long-term average.
How is NTIC's revenue distributed by segment?
NTIC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.