NORTHERN TECHNOLOGIES INTERNATIONAL CORP Income Statement
NTIC|14 years of annual SEC 10-K data (FY2012-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported $85M in revenue and $5M in net income for FY2025. Revenue has grown at a 12.0% compound annual rate over the past 13 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $85.1M | $79.9M | $74.2M | $56.5M | $47.6M | $55.8M | $51.4M | $39.6M | $32.9M | $30.3M | $22.5M | $22.5M | $22.8M | $19.5M |
| Cost of Revenue | $51.3M | $52.1M | $51.1M | $36.9M | $31.6M | $38.0M | $34.2M | $26.3M | $22.3M | $20.6M | $15.5M | $15.5M | $14.5M | $12.8M |
| Gross Profit | $33.8M | $27.8M | $23.1M | $19.6M | $16.0M | $17.8M | $17.3M | $13.3M | $10.6M | $9.8M | $7.0M | $7.0M | $8.3M | $6.8M |
| SG&A Expense | $14.2M | $13.2M | $10.6M | $8.3M | $8.7M | $9.3M | $8.5M | $7.8M | $8.2M | $6.5M | $4.6M | $4.6M | $4.3M | $4.3M |
| R&D Expense | $4.8M | $5.0M | $4.8M | $4.4M | $4.0M | $3.8M | $3.5M | $2.9M | $4.7M | $4.0M | $3.8M | $3.8M | $3.9M | $4.4M |
| Operating Income | $7.9M | $6.0M | $5.1M | $8.3M | $1.6M | $6.6M | $8.0M | $4.6M | $1.3M | $3.2M | $5.0M | $5.0M | $4.6M | $4.6M |
| Interest Expense | - | $461.8K | $89.1K | $16.1K | $16.0K | $13.6K | $18.0K | $20.4K | $13.3K | $21.0K | $52.2K | $52.2K | $29.4K | $59.5K |
| Income Tax | $1.3M | $1.3M | $1.9M | $1.5M | $2.7M | $841.8K | $876.1K | $699.5K | $626.1K | $648.7K | $864.0K | $864.0K | $1.0M | $706.0K |
| Net Income | $5.4M | $2.9M | $6.3M | $6.3M | -$1.3M | $5.2M | $6.7M | $3.4M | -$867.5K | $1.8M | $3.4M | $3.4M | $3.4M | $3.9M |
| EPS (Basic) | $0.57 | $0.31 | $0.69 | $0.69 | -$0.15 | $0.57 | $0.74 | $0.76 | -$0.19 | $0.40 | $0.76 | $0.76 | $0.79 | $0.90 |
| EPS (Diluted) | $0.55 | $0.30 | $0.66 | $0.64 | -$0.15 | $0.55 | $0.72 | $0.75 | -$0.19 | $0.38 | $0.75 | $0.75 | $0.78 | $0.89 |
| Shares Outstanding | 9.5M | 9.4M | 9.2M | 9.2M | 9.1M | 9.1M | 9.1M | 4.5M | 4.5M | 4.5M | 4.5M | 4.4M | 4.4M | 4.4M |
| Gross Margin | 39.7% | 34.8% | 31.1% | 34.6% | 33.7% | 31.9% | 33.6% | 33.5% | 32.2% | 32.2% | 31.2% | 31.2% | 36.2% | 34.6% |
| Operating Margin | 9.3% | 7.5% | 6.9% | 14.7% | 3.3% | 11.8% | 15.6% | 11.6% | 3.9% | 10.4% | 22.1% | 22.1% | 20.1% | 23.7% |
| Profit Margin | 6.4% | 3.6% | 8.5% | 11.1% | -2.8% | 9.3% | 13.0% | 8.6% | -2.6% | 5.9% | 15.0% | 15.0% | 15.1% | 20.0% |