Northern Technologies International (NTIC) Research & Development (2010 - 2026)
Northern Technologies International (NTIC) reported Research & Development of $1.21 million for fiscal Q3 2026 (quarter ended May 31, 2026), up 6.0% from $1.14 million a year earlier and up 2.7% from the prior quarter.
Northern Technologies International (NTIC) Research & Development (2010 - 2026) Analysis & Trends
Over the twelve months ended May 31, 2026, Northern Technologies International's Research & Development came in at $4.87 million, down 2.2% year-over-year; for FY2025 (ended Aug 31, 2025), it came in at $5.04 million, up 4.9% from FY2024.
- Research & Development has a five-year compound annual growth rate of 4.8% (FY2020 to FY2025).
- By fiscal year, Research & Development came in at $4.8 million in FY2024 (-3.3%), $4.97 million in FY2023 (+4.0%), $4.78 million in FY2022 (+8.5%) and $4.4 million in FY2021 (+10.6%).
- Five-year quarterly Research & Development spans a low of $1.1 million in fiscal Q3 2022 and a high of $1.34 million in fiscal Q1 2025.
- Year over year, Research & Development gained in four of the last eight quarters, with growth averaging 0.4%.
- The high point for year-over-year Research & Development in five years was fiscal Q1 2025 (growth of 21.5%); the low point was fiscal Q1 2024 (a decline of 12.0%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $1.18 million (Q2 2026), $1.22 million (Q1 2026) and $1.27 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.92 Bn | 214.50 Bn | 4.43 Bn | 37.00 Mn |
| 2 | Corning | 114.46 Bn | 107.03 Bn | 1.63 Bn | 299.00 Mn |
| 3 | Sherwin Williams | 80.97 Bn | 80.01 Bn | 3.34 Bn | - |
| 4 | Air Products & Chemicals | 66.60 Bn | 61.78 Bn | 1.04 Bn | 21.50 Mn |
| 5 | LyondellBasell Industries | 41.19 Bn | 30.70 Bn | 2.04 Bn | 34.00 Mn |
| 6 | Nutrien | 33.79 Bn | 30.61 Bn | 3.25 Bn | - |
| 7 | Ati | 25.83 Bn | 23.86 Bn | 309.80 Mn | - |
| 8 | Qnity Electronics | 24.96 Bn | 22.09 Bn | 666.00 Mn | 98.00 Mn |
| 9 | Ppg Industries | 23.98 Bn | 16.63 Bn | 1.81 Bn | 107.00 Mn |
| 10 | Northern Technologies International | 73.12 Mn | 45.74 Mn | 8.14 Mn | 1.21 Mn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.21 Mn |
| Feb 28, 2026 | 1.18 Mn |
| Nov 30, 2025 | 1.22 Mn |
| Aug 31, 2025 | 1.27 Mn |
| May 31, 2025 | 1.14 Mn |
| Feb 28, 2025 | 1.29 Mn |
| Nov 30, 2024 | 1.34 Mn |
| Aug 31, 2024 | 1.21 Mn |
| May 31, 2024 | 1.25 Mn |
| Feb 29, 2024 | 1.24 Mn |
| Nov 30, 2023 | 1.11 Mn |
| Aug 31, 2023 | 1.29 Mn |
| May 31, 2023 | 1.28 Mn |
| Feb 28, 2023 | 1.14 Mn |
| Nov 30, 2022 | 1.26 Mn |
| Aug 31, 2022 | 1.22 Mn |
| May 31, 2022 | 1.10 Mn |
| Feb 28, 2022 | 1.22 Mn |
| Nov 30, 2021 | 1.24 Mn |
| Aug 31, 2021 | 1.18 Mn |
Northern Technologies International Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=NTIC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NTIC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=NTIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();