I'm LongbridgeAI, I can summarize articles.Northern Technologies International Corp reported Q2 2026 revenue of $24.22M, up 12.6% YoY, driven by ZERUST® and Natur-Tec® demand. However, the company posted a net loss of ($263.29K) and diluted EPS of ($0.03), compared to prior year net income of $121.78K and EPS of $0.01. Equity income from joint ventures also rose significantly.
NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported results for the quarter with revenue of $24.22M, up 12.6% from $21.51M a year earlier, while net loss attributable to the company was ($263.29K) versus net income of $121.78K in the prior-year quarter; diluted EPS was ($0.03) compared with $0.01 a year ago.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $24.22M | $21.51M | 12.6% |
| Net income² | ($263.29K) | $121.78K | (316.2%) |
| Diluted EPS³ | ($0.03) | $0.01 | (400%) |
¹ Reported as “Net sales”. ² Reported as “Net (Loss) Income Attributable To Ntic”. ³ Reported as “Net (Loss) Income Attributable To Ntic Per Common Share”.
Business Highlights
- Revenue growth of about 12% year-over-year for both the quarter and nine months was driven primarily by demand for ZERUST® and Natur‑Tec® products.
- ZERUST® accounted for 74.9% of sales, with strong industrial demand and accelerating adoption in oil & gas markets—particularly in the Middle East and Brazil—contributing materially to sales gains.
- Management continued to invest in ZERUST® oil & gas sales infrastructure, global distribution expansion and R&D to support future growth.
- Equity income from joint ventures rose notably, reflecting higher JV sales and fee structure changes that boosted JV earnings.
Original SEC Filing: NORTHERN TECHNOLOGIES INTERNATIONAL CORP [ NTIC ] - 10-Q - Jul. 09, 2026