Company / R&D Expense
NORTHERN TECHNOLOGIES INTERNATIONAL CORP R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$4.8M
FY2025
5-year range
$4.0M / $5.0M
FY2021-FY2025
Trend
-3.3%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 10 years, ranging from $3M in FY2018 to $5M in FY2024.
Based on SEC 10-K filings.
$5M in FY2025 with a 5-year CAGR of +4.7%.
Remained stable around $5M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +3.0%
- 5-Year CAGR
- +4.7%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +4.7%, indicating consistent growth.
- In FY2025, r&d expense decreased 3.3% year-over-year.
- Peak r&d expense was recorded in FY2024.
- Lowest r&d expense in the period was in FY2018.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $4.8M | -3.3% |
| FY2024 | $5.0M | +4.0% |
| FY2023 | $4.8M | +8.5% |
| FY2022 | $4.4M | +10.6% |
| FY2021 | $4.0M | +4.1% |
| FY2020 | $3.8M | +8.4% |
| FY2019 | $3.5M | +21.0% |
| FY2018 | $2.9M | -38.4% |
| FY2017 | $4.7M | +16.7% |
| FY2016 | $4.0M | +6.1% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026