Northern Technologies (NTIC) Revenue & Revenue Breakdown
Northern Technologies Revenue Highlights
Latest Revenue (Y)
$86.36M
Latest Revenue (Q)
$20.69M
Main Segment (Y)
ZERUST
Main Geography (Y)
UNITED STATES
Northern Technologies Revenue by Period
Northern Technologies Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-08-31 | $86.36M | 16.45% |
| 2022-08-31 | $74.16M | 31.27% |
| 2021-08-31 | $56.49M | 18.59% |
| 2020-08-31 | $47.64M | -14.55% |
| 2019-08-31 | $55.75M | 8.41% |
| 2018-08-31 | $51.42M | 29.96% |
| 2017-08-31 | $39.57M | 20.15% |
| 2016-08-31 | $32.93M | 8.61% |
| 2015-08-31 | $30.32M | 13.03% |
| 2014-08-31 | $26.83M | 19.22% |
| 2013-08-31 | $22.50M | -1.23% |
| 2012-08-31 | $22.78M | 16.67% |
| 2011-08-31 | $19.53M | 35.73% |
| 2010-08-31 | $14.39M | 67.77% |
| 2009-08-31 | $8.58M | -32.43% |
| 2008-08-31 | $12.69M | -24.59% |
| 2007-08-31 | $16.83M | 1.35% |
| 2006-08-31 | $16.60M | 12.07% |
| 2005-08-31 | $14.82M | 35.74% |
| 2004-08-31 | $10.92M | 30.67% |
| 2003-08-31 | $8.35M | 10.00% |
| 2002-08-31 | $7.59M | -18.07% |
| 2001-08-31 | $9.27M | -15.98% |
| 2000-08-31 | $11.03M | 11.44% |
| 1999-08-31 | $9.90M | -1.98% |
| 1998-08-31 | $10.10M | 16.09% |
| 1997-08-31 | $8.70M | 26.09% |
| 1996-08-31 | $6.90M | 11.29% |
| 1995-08-31 | $6.20M | 26.53% |
| 1994-08-31 | $4.90M | 22.50% |
| 1993-08-31 | $4.00M | - |
Northern Technologies generated $86.36M in revenue during NA 2023, up 16.45% compared to the previous quarter, and up 167.93% compared to the same period a year ago.
Northern Technologies Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-05-31 | $20.69M | -0.75% |
| 2024-02-29 | $20.84M | 3.27% |
| 2023-11-30 | $20.18M | -2.55% |
| 2023-08-31 | $20.71M | -1.24% |
| 2023-05-31 | $20.97M | 14.77% |
| 2023-02-28 | $18.27M | -8.43% |
| 2022-11-30 | $19.95M | -1.48% |
| 2022-08-31 | $20.25M | 6.79% |
| 2022-05-31 | $18.96M | 13.23% |
| 2022-02-28 | $16.75M | -7.94% |
| 2021-11-30 | $18.19M | 17.28% |
| 2021-08-31 | $15.51M | 0.61% |
| 2021-05-31 | $15.42M | 20.62% |
| 2021-02-28 | $12.78M | 0.03% |
| 2020-11-30 | $12.78M | 27.43% |
| 2020-08-31 | $10.03M | 2.91% |
| 2020-05-31 | $9.74M | -26.36% |
| 2020-02-29 | $13.23M | -9.55% |
| 2019-11-30 | $14.63M | 8.80% |
| 2019-08-31 | $13.45M | -9.71% |
| 2019-05-31 | $14.89M | 11.85% |
| 2019-02-28 | $13.32M | -5.52% |
| 2018-11-30 | $14.09M | -4.41% |
| 2018-08-31 | $14.74M | 14.08% |
| 2018-05-31 | $12.92M | 5.81% |
| 2018-02-28 | $12.21M | 5.81% |
| 2017-11-30 | $11.54M | 5.89% |
| 2017-08-31 | $10.90M | 6.63% |
| 2017-05-31 | $10.22M | 16.93% |
| 2017-02-28 | $8.74M | -9.89% |
| 2016-11-30 | $9.70M | 1.94% |
| 2016-08-31 | $9.52M | 9.57% |
| 2016-05-31 | $8.69M | 12.74% |
| 2016-02-29 | $7.70M | 9.69% |
| 2015-11-30 | $7.02M | -13.30% |
| 2015-08-31 | $8.10M | -2.12% |
| 2015-05-31 | $8.28M | 23.02% |
| 2015-02-28 | $6.73M | -6.73% |
| 2014-11-30 | $7.21M | -2.21% |
| 2014-08-31 | $7.38M | 6.59% |
| 2014-05-31 | $6.92M | 11.28% |
| 2014-02-28 | $6.22M | -1.43% |
| 2013-11-30 | $6.31M | 3.65% |
| 2013-08-31 | $6.09M | 3.57% |
| 2013-05-31 | $5.88M | 12.02% |
| 2013-02-28 | $5.25M | -0.86% |
| 2012-11-30 | $5.29M | 2.35% |
| 2012-08-31 | $5.17M | -33.76% |
| 2012-05-31 | $7.80M | 56.90% |
| 2012-02-29 | $4.97M | 2.94% |
| 2011-11-30 | $4.83M | -12.92% |
| 2011-08-31 | $5.55M | 8.79% |
| 2011-05-31 | $5.10M | 6.75% |
| 2011-02-28 | $4.78M | 16.58% |
| 2010-11-30 | $4.10M | -26.31% |
| 2010-08-31 | $5.56M | 71.81% |
| 2010-05-31 | $3.24M | 12.54% |
| 2010-02-28 | $2.88M | 6.09% |
| 2009-11-30 | $2.71M | 42.96% |
| 2009-08-31 | $1.90M | 13.32% |
| 2009-05-31 | $1.67M | -3.49% |
| 2009-02-28 | $1.73M | -46.98% |
| 2008-11-30 | $3.27M | 3.10% |
| 2008-08-31 | $3.17M | -2.97% |
| 2008-05-31 | $3.27M | 18.35% |
| 2008-02-29 | $2.76M | - |
Northern Technologies generated $20.69M in revenue during Q3 2024, up -0.75% compared to the previous quarter, and up 113.22% compared to the same period a year ago.
Northern Technologies Revenue Breakdown
Northern Technologies Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Aug 22 | Aug 21 | Aug 20 | Aug 19 | Aug 18 |
|---|---|---|---|---|---|
| NaturTec | $16.70M | $10.94M | $13.16M | $17.58M | $10.05M |
| ZERUST | $57.46M | $45.55M | $34.47M | $38.17M | $41.37M |
Northern Technologies's latest annual revenue breakdown by segment (product or service), as of Aug 22: ZERUST (77.48%), and NaturTec (22.52%).
Quarterly Revenue by Product
| Product/Service | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Aug 19 | May 19 | Feb 19 | Nov 18 | Aug 18 | May 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ZERUST | $15.47M | $14.45M | $13.12M | $14.42M | $12.67M | $12.38M | $10.28M | $10.22M | $8.15M | $7.36M | $9.02M | $8.92M | $10.08M | $9.11M | $10.07M | $11.27M | $10.38M |
| NaturTec | $4.78M | $4.52M | $3.63M | $3.77M | $2.84M | $3.04M | $2.50M | $2.56M | $1.88M | $2.39M | $4.22M | $4.52M | $4.82M | $4.21M | $4.03M | $3.47M | $2.54M |
Northern Technologies's latest quarterly revenue breakdown by segment (product or service), as of Aug 22: ZERUST (76.39%), and NaturTec (23.61%).
Northern Technologies Revenue Breakdown by Country
Annual Revenue by Country
| Country | Aug 22 | Aug 21 | Aug 20 | Aug 19 | Aug 18 |
|---|---|---|---|---|---|
| INDIA | $18.56M | $5.48M | $5.66M | $8.11M | $3.05M |
| UNITED STATES | $25.30M | $22.04M | $20.22M | $24.56M | $25.30M |
| CHINA | $15.75M | $17.34M | $13.41M | $13.03M | $12.51M |
| Other Countries | $9.39M | $7.50M | $5.60M | $6.90M | $7.47M |
| BRAZIL | $5.16M | $4.12M | $2.75M | $3.15M | $3.09M |
Northern Technologies's latest annual revenue breakdown by geography, as of Aug 22: UNITED STATES (34.12%), INDIA (25.02%), CHINA (21.24%), Other Countries (12.66%), and BRAZIL (6.96%).
Quarterly Revenue by Country
| Country | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | Nov 18 | Aug 18 | May 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other Countries | $2.64M | $2.08M | $2.46M | $2.21M | $2.54M | $1.88M | $1.62M | $1.46M | $1.33M | $1.61M | $967.11K | $1.69M | $2.53M | $1.95M | $897.79K | $1.52M | $5.15M | $955.42K |
| ZERUST | $15.47M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| NaturTec | $4.78M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| INDIA | $5.19M | $4.82M | $4.07M | $4.48M | $1.45M | $1.54M | $1.30M | $1.20M | $928.47K | $631.55K | $2.06M | $2.04M | $1.95M | $2.28M | $2.22M | $1.65M | $1.41M | $564.34K |
| CHINA | $3.91M | $3.62M | $4.16M | $4.06M | $4.32M | $4.04M | $4.44M | $4.54M | $3.43M | $3.09M | $3.02M | $3.86M | $3.17M | $3.69M | $3.01M | $3.17M | $3.33M | $3.07M |
| BRAZIL | $1.37M | $1.55M | $936.09K | $1.30M | $1.37M | $1.24M | $804.57K | $713.85K | $673.51K | $365.22K | $823.22K | $891.98K | $807.62K | $792.30K | $726.80K | $824.80K | $783.57K | $853.67K |
| UNITED STATES | $7.14M | $6.88M | $5.12M | $6.16M | $5.84M | $6.72M | $4.62M | $4.86M | $3.66M | $4.05M | $6.36M | $6.15M | $5.00M | $6.17M | $6.47M | $6.92M | $4.62M | $7.17M |
| GERMANY | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.47K | $312.06K | - |
Northern Technologies's latest quarterly revenue breakdown by geography, as of Aug 22: ZERUST (38.20%), UNITED STATES (17.64%), INDIA (12.80%), NaturTec (11.80%), CHINA (9.65%), Other Countries (6.52%), and BRAZIL (3.39%).
Northern Technologies Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| FUL | H.B. Fuller Company | $3.51B | $917.11M |
| ESI | Element Solutions | $2.33B | $612.70M |
| MTX | Minerals | $2.17B | $541.20M |
| KWR | Quaker Chemical | $1.95B | $463.57M |
| IOSP | Innospec | $1.95B | $435.00M |
| SXT | Sensient | $1.46B | $403.52M |
| ECVT | Ecovyst | $691.10M | $182.80M |
| ODC | Oil-Dri Corporation of America | $413.02M | $106.78M |
| NTIC | Northern Technologies | $86.36M | $20.69M |
NTIC Revenue FAQ
What is Northern Technologies’s yearly revenue?
Northern Technologies's yearly revenue for 2023 was $86.36M, representing an increase of 16.45% compared to 2022. The company's yearly revenue for 2022 was $74.16M, representing an increase of 31.27% compared to 2021. NTIC's yearly revenue for 2021 was $56.49M, representing an increase of 18.59% compared to 2020.
What is Northern Technologies’s quarterly revenue?
Northern Technologies's quarterly revenue for Q3 2024 was $20.69M, a -0.75% decrease from the previous quarter (Q2 2024), and a -1.35% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $20.84M, a 3.27% increase from the previous quarter (Q1 2024), and a 14.08% increase year-over-year (Q2 2023). NTIC's quarterly revenue for Q1 2024 was $20.18M, a -2.55% decrease from the previous quarter (Q4 2023), and a 1.15% increase year-over-year (Q1 2023).
What is Northern Technologies’s revenue growth rate?
Northern Technologies's revenue growth rate for the last 3 years (2021-2023) was 52.86%, and for the last 5 years (2019-2023) was 54.90%.
What are Northern Technologies’s revenue streams?
Northern Technologies's revenue streams in g 22 are NaturTec, and ZERUST. NaturTec generated $16.7M in revenue, accounting 22.52% of the company's total revenue, up 52.65% year-over-year. ZERUST generated $57.46M in revenue, accounting 77.48% of the company's total revenue, up 26.13% year-over-year.
What is Northern Technologies’s main source of revenue?
For the fiscal year ending Aug 22, the largest source of revenue of Northern Technologies was ZERUST. This segment made a revenue of $57.46M, representing 77.48% of the company's total revenue.