Northern Technologies (NTIC) Revenue & Revenue Breakdown

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Northern Technologies Revenue Highlights

Latest Revenue (Y)

$84.23B

Latest Revenue (Q)

$21.51M

Main Segment (Y)

ZERUST

Main Geography (Y)

UNITED STATES

Northern Technologies Revenue by Period

Northern Technologies Revenue by Year

Date	Revenue	Change
2025-08-31	$84.23B	98930.04%
2024-08-31	$85.06M	6.45%
2023-08-31	$79.90M	7.75%
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 $84.23B in revenue during NA 2025, up 98930.04% compared to the previous quarter, and up 176819.46% compared to the same period a year ago.

Northern Technologies Revenue by Quarter

Date	Revenue	Change
2025-05-31	$21.51M	12.78%
2025-02-28	$19.07M	-10.62%
2024-11-30	$21.34M	-8.61%
2024-08-31	$23.35M	12.87%
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 $21.51M in revenue during Q3 2025, up 12.78% compared to the previous quarter, and up 103.20% 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 25	Aug 22	Aug 21	Aug 20	Aug 19
NaturTec	$21.75M	$16.70M	$10.94M	$13.16M	$17.58M
ZERUST	$62.49M	$57.46M	$45.55M	$34.47M	$38.17M

Northern Technologies's latest annual revenue breakdown by segment (product or service), as of Aug 25: ZERUST (74.18%), and NaturTec (25.82%).

Quarterly Revenue by Product

Product/Service	Aug 25	May 25	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
NaturTec	$15.97M	$5.78M	$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
ZERUST	$46.76M	$15.73M	$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

Northern Technologies's latest quarterly revenue breakdown by segment (product or service), as of Aug 25: ZERUST (74.55%), and NaturTec (25.45%).

Northern Technologies Revenue Breakdown by Country

Annual Revenue by Country

Country	Aug 25	Aug 22	Aug 21	Aug 20	Aug 19
CHINA	$16.24M	$15.75M	$17.34M	$13.41M	$13.03M
INDIA	$22.62M	$18.56M	$5.48M	$5.66M	$8.11M
UNITED STATES	$29.55M	$25.30M	$22.04M	$20.22M	$24.56M
Other Countries	$9.26M	$9.39M	$7.50M	$5.60M	$6.90M
BRAZIL	$6.57M	$5.16M	$4.12M	$2.75M	$3.15M

Northern Technologies's latest annual revenue breakdown by geography, as of Aug 25: UNITED STATES (35.08%), INDIA (26.85%), CHINA (19.28%), Other Countries (10.99%), and BRAZIL (7.80%).

Quarterly Revenue by Country

Country	Aug 25	May 25	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
INDIA	$16.94M	$5.68M	$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
Other Countries	$6.80M	$2.45M	$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
UNITED STATES	$22.21M	$7.34M	$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
CHINA	$11.73M	$4.51M	$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	$5.05M	$1.52M	$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
ZERUST	-	-	$15.47M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NaturTec	-	-	$4.78M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GERMANY	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$6.47K	$312.06K	-

Northern Technologies's latest quarterly revenue breakdown by geography, as of Aug 25: UNITED STATES (35.40%), INDIA (27.00%), CHINA (18.70%), Other Countries (10.84%), and BRAZIL (8.06%).

Northern Technologies Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
NTIC	Northern Technologies	$84.23B	$21.51M
TSE	Trinseo	$3.51B	$743.20M
ALTO	Alto Ingredients	$965.26M	$240.99M
LGO	Largo	$202.33M	$42.00M
AGRZ	Agroz Inc. Ordinary Shares	$40.86M	-
ORGN	Origin Materials	$31.28M	$4.66M
LOOP	Loop Industries	$153.00K	-
KBSX	FST	-	-

NTIC Revenue FAQ

What is Northern Technologies’s yearly revenue?

Northern Technologies's yearly revenue for 2025 was $84.23B, representing an increase of 98930.04% compared to 2024. The company's yearly revenue for 2024 was $85.06M, representing an increase of 6.45% compared to 2023. NTIC's yearly revenue for 2023 was $79.9M, representing an increase of 7.75% compared to 2022.

What is Northern Technologies’s quarterly revenue?

Northern Technologies's quarterly revenue for Q3 2025 was $21.51M, a 12.78% increase from the previous quarter (Q2 2025), and a 3.98% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $19.07M, a -10.62% decrease from the previous quarter (Q1 2025), and a -8.49% decrease year-over-year (Q2 2024). NTIC's quarterly revenue for Q1 2025 was $21.34M, a -8.61% decrease from the previous quarter (Q4 2024), and a 5.73% increase year-over-year (Q1 2024).

What is Northern Technologies’s revenue growth rate?

Northern Technologies's revenue growth rate for the last 3 years (2023-2025) was 105320.98%, and for the last 5 years (2021-2025) was 149003.88%.

What are Northern Technologies’s revenue streams?

Northern Technologies's revenue streams in g 25 are NaturTec, and ZERUST. NaturTec generated $21.75M in revenue, accounting 25.82% of the company's total revenue, up 30.22% year-over-year. ZERUST generated $62.49M in revenue, accounting 74.18% of the company's total revenue, up 8.75% year-over-year.

What is Northern Technologies’s main source of revenue?

For the fiscal year ending Aug 25, the largest source of revenue of Northern Technologies was ZERUST. This segment made a revenue of $62.49M, representing 74.18% of the company's total revenue.