What is the market's earnings forecast for Northern Technologies International next quarter?

What is Northern Technologies International's latest dividend and current dividend yield?

What is Northern Technologies International's gross profit margin?

What does Northern Technologies International do and what are its main business segments?

What is the revenue and EPS growth rate for Northern Technologies International year over year?

What were the key takeaways from Northern Technologies International's earnings call?

Did Northern Technologies International beat or miss consensus estimates last quarter?

What factors drove the changes in Northern Technologies International's revenue and profit?

- **Revenue Record**: Q1 2026 sales hit $23.3M, up 9.2% YoY, driven by ZERUST Oil & Gas (+58.1%), NTIC China (+23.5%), and Natur-Tec (+2.2%).
- **Brazil Deal Impact**: $13M FPSO contract to boost ZERUST Oil & Gas, with ramp-up through 2028 and pipeline expansion into Middle East/Europe.
- **Gross Margin Recovery**: 36% Q1 gross margin (vs. 38.3% last year) due to supplier delays; sequential improvement expected.
- **Debt Reduction Focus**: $12M debt down from $12.2M, targeting further reduction via operating cash flow.
- **No Short-Term Expense Cuts**: CFO prioritizes sales growth and strategic investments over cost-cutting for long-term profitability.

**【CEO Summary Section】**
- **Record Revenue Growth**: Consolidated net sales reached $23.3 million, a 9.2% year-over-year increase, driven by ZERUST Oil and Gas (58.1% growth), NTIC China (23.5%), and Natur-Tec (2.2%).
- **ZERUST Oil and Gas Expansion**: Secured a $13 million 3-year contract with a global EPC for Brazil's deepwater FPSO project, with ramp-up expected through 2028. Pipeline includes corrosion protection for oil storage tanks and rigs.
- **NTIC China Momentum**: Domestic sales grew 23.5%, with limited U.S. tariff exposure, positioning China as a key growth market.
- **Natur-Tec Innovation**: North America sales surged 16.5%, with focus on compostable food packaging and India expansion.
- **Strategic Investments**: Continued investment in AI, global operations, and cost control to flatten expenses and improve margins.

**【CFO Financial Commentary】**
- **Financial Highlights**: GAAP net income of $238k ($0.03/share) vs. $561k ($0.06/share) last year; Non-GAAP adjusted net income of $344k ($0.04/share) vs. $667k ($0.07/share). Gross margin 36% (down from 38.3%) due to supplier lead times, expected to improve sequentially.
- **Liquidity and Debt**: $6.4M cash, $12M debt (down from $12.2M), with focus on debt reduction via operating cash flow. Working capital $19.4M, down from $20.4M.
- **Expense Management**: Operating expenses up 2.9% to $9.7M, driven by SG&A. Expect sales growth to outpace expenses, with flat OpEx for FY26.

**【Q&A Key Highlights】**
- **Profitability Levers**: Matt Wolsfeld emphasized sales growth (gross margin expansion) and joint venture operating income as key to improving profitability, rather than cutting expenses.
- **Brazil Contract Update**: Patrick Lynch highlighted the FPSO project as a validation of ZERUST's engineering capabilities, with additional opportunities in Middle East and Europe.
- **Expense Strategy**: CFO noted strategic investments in oil and gas, CRM, and manufacturing, prioritizing long-term growth over short-term cost-cutting.

Northern Technologies International Corporation(NTIC)-20260108-2026 Q1 Earnings call transcript

- **Strategic Growth Initiatives**: Brazil FPSO contract ($13M) and 14% NTIC China sales growth in FY2025.
- **Financial Challenges**: 4.4% Q4 revenue decline, 67.5% effective tax rate, and one-time China customs penalty.
- **2026 Outlook**: Oil and gas expansion, Natur-Tec packaging adoption, and tax normalization.

**【CEO Summary Section】**
- Fiscal 2025 marked strategic investments in ZERUST oil and gas, Natur-Tec innovation, and South American offshore expansion. Q4 2025 revenue decreased 4.4% to $22.3M, driven by 29.4% ZERUST oil and gas decline and 10% Natur-Tec drop, offset by 5.8% ZERUST industrial growth. NTIC China sales rose 12% Q4 and 14% FY2025. New Brazil FPSO contract ($13M) and Natur-Tec preferred supplier agreement. CFO Commentary: FY2025 net loss $18K vs. $5.4M prior; 2026 focus on flattening expenses, gross margin expansion, and joint venture recovery. Q&A Highlights: Tax normalization with North American profitability; 2026 growth in oil and gas, packaging; China tariff resolution as one-time; and 2026 cash flow from reduced CapEx.

**【CFO Financial Commentary】**
- FY2025 GAAP net loss $18K vs. $5.4M prior; 67.5% effective tax rate due to foreign profits. Q4 2025 ZERUST oil and gas sales $3M (-29.4% YoY); Brazil contract ramp-up 2026-2028. NTIC China 14% FY2025 growth, limited tariff exposure. Risks: macroeconomic headwinds, order timing, and ZERUST oil and gas volatility. Opportunities: Brazil oil and gas, Natur-Tec packaging, and China expansion. Risks: tax volatility, order timing, and market recovery pace.

**【Q&A Highlights】**
- Tax normalization with North American profitability; 2026 growth in oil and gas, packaging; China tariff resolution as one-time; and 2026 cash flow from reduced CapEx. Risks: tax volatility, order timing, and market recovery pace. Opportunities: Brazil oil and gas, Natur-Tec packaging, and China expansion.

Northern Technologies International Corporation (NTIC) Q4 2025 Earnings Call Transcript

- **Revenue Resilience**: 4% YoY growth to $21.5M, led by ZERUST Industrial and China expansion.
- **Margin Expansion**: Gross margin up 20bps to 38.4%, reflecting cost control and better sales mix.
- **China Breakout**: NTIC China sales +27.4% Q3, now 2nd-highest since 2015, with 80%+ domestic demand.
- **Oil & Gas Pivot**: $1.3M investment over 12 months to target Middle East, South America, and food packaging innovation.
- **Compostable Innovation**: Developing impermeable compostable packaging for food; expects 2026+ commercialization.

**【CEO Opening Remarks】**
- **Revenue Growth**: Q3 2025 net sales rose 4% YoY to $21.5 million, driven by ZERUST Industrial (+7.1%) and NTIC China (+27.4%).
- **Gross Margin Expansion**: Improved to 38.4% (vs. 38.2% prior year), reflecting better sales mix and cost management.
- **Challenges**: Joint ventures in Europe saw 12.9% YoY sales decline due to macroeconomic pressures; oil and gas investments increased operating expenses.
- **China Momentum**: NTIC China achieved its second-highest quarterly revenue since 2015, with 80%+ sales for domestic consumption.
- **Oil & Gas Outlook**: Trailing 12-month sales up 15.4% to $8.6 million; expect sequential improvement in Q4 and 2026 growth.

**【CFO Financial Commentary】**
- **Net Income**: GAAP net income of $122,000 ($0.01/diluted share) vs. $977,000 ($0.10) prior year; Non-GAAP adj. net income $228,000 ($0.02).
- **Operating Expenses**: Increased 7.6% YoY to $9.7 million due to personnel costs and oil & gas investments.
- **Cash Flow**: Generated $3.8M in operating cash flow YTD; ended with $6.8M cash and $10.1M debt.
- **Dividend**: Maintained $0.01 quarterly dividend amid cautious cash management.

**【Q&A Highlights】**
- **Oil & Gas Investment**: Added $1.3M over 12 months (e.g., $300-400K/Q) to expand sales teams in Middle East, South America, and Africa.
- **China Profitability**: Wholly owned subsidiary consistently profitable; Q3 sales up 27.4% to $4.5M.
- **Compostable Innovation**: Developed impermeable compostable packaging for food applications; expects commercialization within 2 years.
- **Gross Margin Drivers**: Sequential improvement from Q2 lows, driven by operational efficiency and product mix.


Northern Technologies International Corporation (NTIC) Q3 2025 Earnings Call Transcript

- **Revenue decline driven by key segments**: Zerust Oil and Gas (-28.5%), Natur-Tec (-11.8%), and Zerust Industrial (-3.7%) offset NTIC China growth (8.1%).
- **Gross margin pressure**: 440bps decline to 35.6% due to pricing pressures and less profitable sales mix.
- **Cash management focus**: $5M U.S. cash + $13M international, with dividend cut to $0.01/share for debt reduction.
- **H2 growth catalysts**: Expanded oil and gas sales team, new food packaging technology trials, and Brazil oil and gas opportunities.

**【CEO Summary Section】**
- Total consolidated net sales decreased 8.5% YoY to $19.1 million, driven by declines in Zerust Oil and Gas (-28.5%), Natur-Tec (-11.8%), and Zerust Industrial (-3.7%).
- NTIC China sales grew 8.1% to $3.7 million, with stabilization in local demand despite U.S. tariff exposure.
- Zerust Oil and Gas trailing 12-month sales increased 7.2% to $8.6 million, supported by expanded sales infrastructure.
- Natur-Tec faces near-term headwinds from order timing and tariffs, but long-term U.S. organic waste mandates support growth.
- Company maintains strong cash position ($5M U.S. + $13M international) and prioritizes debt reduction to support future growth.

**【CFO Financial Commentary】**
- GAAP net income of $0.04/share vs. $0.17/share prior year, impacted by lower joint venture equity income (-31.8%) and higher operating expenses (+2.4%).
- Gross margin declined 440bps to 35.6% due to less profitable sales mix and Natur-Tec pricing pressures.
- Operating cash flow of $3.2M for the half-year, with $8.1M debt as of Q2 end.
- Non-GAAP adjusted loss of $0.03/share vs. $0.19/share prior year.
- Received $1.1M in employee retention credit payments.

**【Q&A Highlights】**
- Oil and Gas sales team expansion: 8 hires (some attrition), expecting impact in H2 2025.
- Natur-Tec pricing: 4-8% discounts to maintain competitiveness, offsetting 11.8% sales decline.
- EXCOR Germany: European economic weakness causing joint venture sales drop 15.7% YoY.
- Brazil oil and gas activity: Showing growth potential, but no specific deal updates.
- Dividend adjustment: Reduced to $0.01/share to prioritize debt reduction and flexibility.

Northern Technologies International (NTIC)-10 Apr 25-2025 Q2 Earnings call transcript

- **Record Q1 Sales**: $21.3M (+5.7% YoY), driven by 22.8% growth in Natur-Tec and stabilization at joint ventures.
- **Gross Margin Expansion**: 38.3% (up 200bps YoY) through cost management and infrastructure investment.
- **China Recovery**: NTIC China sales up 8.6% YoY to $4M, nearing pre-pandemic levels.
- **Oil & Gas Growth**: Trailing 12-month sales +20.3% to $9.2M, with H2 2025 acceleration expected.
- **Key Risks**: Higher operating expenses (14% YoY) and China's seasonal Q2 slowdown.
- **Long-Term Outlook**: 20%+ Natur-Tec growth, Zerust Oil & Gas market share expansion, and China recovery driving 2025 profitability.

**【CEO Summary Section】**
- NTIC reported record first-quarter consolidated sales of $21.3 million, up 5.7% year-over-year, driven by a 22.8% increase in Natur-Tec sales and stabilization at joint ventures.
- Gross margin improved to 38.3% (up 200 basis points YoY) due to cost management and strategic investments in oil and gas infrastructure.
- China subsidiary sales rose 8.6% YoY to nearly $4 million, approaching pre-pandemic levels.
- Zerust Oil & Gas trailing 12-month sales grew 20.3% to $9.2 million, with expectations for accelerated growth in H2 2025.
- The company anticipates further sales growth and profitability in fiscal 2025, supported by expanding oil and gas sales infrastructure and new customer wins in Natur-Tec.

**【CFO Financial Commentary】**
- GAAP net income was $561,000 ($0.06 per share), down 37% YoY due to higher operating expenses (up 14% to $9.5 million) driven by strategic investments.
- Non-GAAP adjusted net income was $667,000 ($0.07 per share), missing last year's $1 million by 33%.
- Operating expenses as a percentage of sales rose to 44.4% (from 41.2%), reflecting increased personnel costs and infrastructure buildout.
- Working capital remained strong at $22.2 million, with $5.6 million in cash and $7.3 million in debt.
- Operating cash flow was $1.4 million, supporting dividend payments and debt reduction.

**【Q&A Highlights】**
- **Zerust Oil & Gas Market Share**: Less than 1% of new tanks treated with NTIC technology, but cost advantage (1/3 of traditional solutions) positions for growth.
- **Natur-Tec Growth**: Expected 20%+ sales growth in 2025, driven by new customer wins and resin sales to manufacturers.
- **China Recovery**: Q1 sales up 8.6% YoY, with cautious optimism for continued stabilization despite seasonal Q2 slowdowns.
- **Sales Pipeline**: 10+ new oil and gas hires (6 sales, 4 technical) expected to contribute meaningfully in H2 2025.
- **Recurring Revenue**: Zerust Oil & Gas recharges generate 5+ years of ongoing sales, with Natur-Tec benefiting from distributor repeat business.


Northern Technologies International (NTIC)-9 Jan 25-2025 Q1 Earnings call transcript

Northern Technologies International (NTIC)-19 Nov 24-2024 Q4 Earnings call transcript

Northern Technologies International (NTIC)-11 Jul 24-2024 Q3 Earnings call transcript

Northern Technologies International (NTIC)-11 Apr 24-2024 Q2 Earnings call transcript

Northern Technologies International (NTIC)-11 Jan 24-2024 Q1 Earnings call transcript

Northern Technologies International (NTIC)-21 Nov 23-2023 Q4 Earnings call transcript

Northern Technologies International (NTIC)-13 Jul 23-2023 Q3 Earnings call transcript

Northern Technologies International (NTIC)-13 Apr 23-2023 Q2 Earnings call transcript

Northern Technologies International (NTIC)-12 Jan 23-2023 Q1 Earnings call transcript

Northern Technologies International (NTIC)-14 Nov 22-2022 Q4 Earnings call transcript

Northern Technologies International (NTIC)-7 Jul 22-2022 Q3 Earnings call transcript

Northern Technologies International (NTIC)-7 Apr 22-2022 Q2 Earnings call transcript

Northern Technologies International (NTIC)-6 Jan 22-2022 Q1 Earnings call transcript

Northern Technologies International (NTIC)-17 Nov 21-2021 Q4 Earnings call transcript

Northern Technologies International (NTIC)-8 Jul 21-2021 Q3 Earnings call transcript

Northern Technologies International (NTIC)-8 Apr 21-2021 Q2 Earnings call transcript

Northern Technologies International (NTIC)-8 Jan 21-2021 Q1 Earnings call transcript

Northern Technologies International (NTIC)-13 Nov 20-2020 Q4 Earnings call transcript

Northern Technologies International (NTIC)-8 Jul 20-2020 Q3 Earnings call transcript

Northern Technologies International (NTIC)-7 Apr 20-2020 Q2 Earnings call transcript

Northern Technologies International (NTIC)-7 Jan 20-2020 Q1 Earnings call transcript

Northern Technologies International (NTIC)-12 Nov 19-2019 Q4 Earnings call transcript

Northern Technologies International (NTIC)-9 Jul 19-2019 Q3 Earnings call transcript

Northern Technologies International (NTIC)-5 Apr 19-2019 Q2 Earnings call transcript

Northern Technologies International (NTIC)-8 Jan 19-2019 Q1 Earnings call transcript

Northern Technologies International (NTIC)-13 Nov 18-2018 Q4 Earnings call transcript

Northern Technologies International (NTIC)-12 Jul 18-2018 Q3 Earnings call transcript

Northern Technologies International (NTIC)-12 Apr 18-2018 Q2 Earnings call transcript

Northern Technologies International (NTIC)-11 Jan 18-2018 Q1 Earnings call transcript

Northern Technologies International (NTIC)-20 Nov 17-2017 Q4 Earnings call transcript

Actual											0.02	-0.11	-0.19	0.13	0.13	0.21	0.17	0.08	0.04	0.12	0.08	0.06	0.102	0.17	0.03	0.1	0.18	0.11	0.2	0.07	-0.03	0.02	-0.064	0.04
Forecast												-0.06	-0.05	0.05	0.08	0.13	0.21	0.18	0.06	0.15	0.13	0.11	0.18	0.19	0.18	0.18	0.17	0.24	0.19	0.12	0.06	0.04	0.08	0.05	0.02
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-83.33%	-280.00%	+160.00%	+62.50%	+61.54%	-19.05%	-55.56%	-33.33%	-20.00%	-38.46%	-45.45%	-43.33%	-10.53%	-83.33%	-44.44%	+5.88%	-54.17%	+5.26%	-41.67%	-150.00%	-50.00%	-180.00%	-20.00%	0.00%

Actual	--	--	--	--	--	--	--	--	--	--	13.23M	9.74M	10.03M	12.78M	12.78M	15.42M	15.51M	18.19M	16.75M	18.96M	20.25M	19.95M	18.27M	20.97M	20.71M	20.18M	20.84M	20.69M	23.35M	21.34M	19.07M	21.51M	22.32M	23.31M	--
Forecast	--	--	--	--	--	--	--	--	--	--	--	10.30M	10.50M	12.00M	12.00M	14.10M	15.80M	16.90M	17.60M	19.00M	19.50M	19.50M	20.40M	20.60M	21.40M	21.00M	21.20M	23.00M	22.50M	21.00M	20.20M	20.70M	22.40M	22.10M	21.10M
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-5.39%	-4.49%	+6.49%	+6.52%	+9.35%	-1.81%	+7.65%	-4.84%	-0.18%	+3.86%	+2.32%	-10.44%	+1.79%	-3.23%	-3.90%	-1.69%	-10.06%	+3.77%	+1.61%	-5.58%	+3.91%	-0.38%	+5.47%	0.00%

NTIC

NTIC fundamentals

NTIC Q2 2026 Earnings Preview

Earnings Call

You can ask Aime

NTIC

NTIC fundamentals

NTIC Q2 2026 Earnings Preview

Earnings Call

NTIC Earnings Call Summary for Q2/2026Upcoming9:00 AM on Apr 9, 2026

NTIC Earnings Call Summary for Q1/20269:00 AM on Jan 8, 2026

NTIC Earnings Call Summary for Q4/20259:00 AM on Nov 18, 2025

NTIC Earnings Call Summary for Q3/20259:00 AM on Jul 10, 2025

NTIC Earnings Call Summary for Q2/20259:00 AM on Apr 10, 2025

You can ask Aime