Northern Technologies International NTIC Revenue Breakdown

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At close: Oct 19, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Northern Technologies International, fiscal 2011 to 2025, as reported in its filings.
Annual history

Northern Technologies International Revenue by Geography

Years FY 2011–2025
Lines 6
FY 2025 Total $113.78M

Inside The Usa To Unaffiliated Customers was Northern Technologies International’s largest region in fiscal 2025, bringing in $29.55M of $113.78M (26%).

Northern Technologies International revenue by geography, fiscal 2011 to 2025
Geography FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Inside The Usa To Unaffiliated Customers $25.30M — $30.49M $29.55M
United States $25.30M $28.55M $30.49M $29.55M
China $15.75M $13.47M $14.25M $16.24M
India $18.56M $19.92M $22.19M $22.62M
Other Countries $9.39M $11.99M $12.14M $9.26M
Brazil $5.16M $5.97M $5.99M $6.57M
Total $99.46M $79.90M $115.55M $113.78M
Totals include 2 discontinued lines from earlier reporting.

Northern Technologies International revenue by geography: what the figures show

Northern Technologies International brought in $113.78M from its six regions in fiscal 2025, the year ended August 31, 2025. That was down 1.5% from $115.55M in fiscal 2024. Inside The Usa To Unaffiliated Customers was the largest at $29.55M (26.0%), ahead of United States at $29.55M (26.0%) and India at $22.62M (19.9%). The other three regions brought in $32.07M combined.

Compared with fiscal 2024, China grew fastest, up 14.0% to $16.24M, while Other Countries fell the most, down 23.7% to $9.26M. From fiscal 2022 to 2025, combined revenue from these regions grew from $99.46M to $113.78M, a compound annual growth rate of 4.6%. Inside The Usa To Unaffiliated Customers' share of the total rose from 25.4% to 26.0%.

Annual history

Northern Technologies International Revenue by Segment

Years FY 2011–2025
Lines 2
FY 2025 Total $84.23M

Zerust was Northern Technologies International’s largest segment in fiscal 2025, bringing in $62.49M of $84.23M (74%).

Northern Technologies International revenue by segment, fiscal 2011 to 2025
Segment FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Zerust $57.46M — $63.09M $62.49M
Naturtec $16.70M — $21.97M $21.75M
Total $74.16M $79.90M $85.06M $84.23M
Totals include 4 discontinued lines from earlier reporting.

Northern Technologies International revenue by segment: what the figures show

Northern Technologies International brought in $84.23M from its two segments in fiscal 2025, the year ended August 31, 2025. That is less than the $113.78M it reports by geography, so these segments do not cover all of its revenue. Zerust was the largest at $62.49M (74.2%), ahead of Naturtec at $21.75M (25.8%).

Compared with fiscal 2024, Zerust fell 1.0% to $62.49M and Naturtec fell 1.0% to $21.75M.

Northern Technologies International stopped reporting Unaffiliated Customers Outside The Usa ($47.95M in fiscal 2023), Inside The Usa To Unaffiliated Customers ($28.55M in fiscal 2023) and Joint Ventures In Which The Company Is A Shareholder Directly & Indirectly Outside The Usa ($3.40M in fiscal 2023) as separate segments.

Annual history

Northern Technologies International Revenue by Equity Method Investment, Nonconsolidated Investee

Years FY 2020
Lines 4
FY 2020 Total $47.59M

Excor was Northern Technologies International’s largest revenue line in fiscal 2020, bringing in $32.55M of $47.59M (68%).

Northern Technologies International revenue by equity method investment, nonconsolidated investee, fiscal 2020 to 2020
Equity Method Investment, Nonconsolidated Investee FY 2020
Excor $32.55M
Joint Ventures In Thailand $6.47M
Joint Ventures In India $5.48M
Joint Ventures In Finland $3.09M
Total $47.59M

Northern Technologies International revenue by equity method investment, nonconsolidated investee: what the figures show

Northern Technologies International brought in $47.59M from its four revenue lines in fiscal 2020, the year ended August 31, 2020. Excor was the largest at $32.55M (68.4%), ahead of Joint Ventures In Thailand at $6.47M (13.6%) and Joint Ventures In India at $5.48M (11.5%). The remaining revenue line, Joint Ventures In Finland, brought in $3.09M.

Questions

Northern Technologies International Revenue Breakdown FAQ

How does Northern Technologies International make money?

Northern Technologies International (NTIC) reports its revenue by geography, by segment and by equity method investment, nonconsolidated investee. In fiscal 2025, Inside The Usa To Unaffiliated Customers was its largest region, bringing in $29.55M (26.0% of the total), followed by United States at $29.55M (26.0%).

What is Northern Technologies International's largest region?

Inside The Usa To Unaffiliated Customers was Northern Technologies International's largest region in fiscal 2025, bringing in $29.55M, or 26.0% of the $113.78M total across its six regions.

What is Northern Technologies International's largest segment?

Zerust was Northern Technologies International's largest segment in fiscal 2025, bringing in $62.49M, or 74.2% of the $84.23M total across its two segments.

What is Northern Technologies International's largest revenue line?

Excor was Northern Technologies International's largest revenue line in fiscal 2020, bringing in $32.55M, or 68.4% of the $47.59M total across its four revenue lines.

Which Northern Technologies International region is growing the fastest?

Among Northern Technologies International's regions that make up at least 2% of revenue, China grew fastest in fiscal 2025, up 14.0% from $14.25M to $16.24M.

Where does this revenue breakdown data come from?

Every figure comes from Northern Technologies International's annual financial filings, as reported. Each line keeps the name Northern Technologies International gives it, and years follow its fiscal calendar.

How far back does Northern Technologies International's revenue breakdown go?

Northern Technologies International's revenue by geography goes back to fiscal 2011, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.