Northern Technologies Reports Q2 2025 Financial Results

Northern Technologies International ( (NTIC) ) has released its Q2 earnings. Here is a breakdown of the information Northern Technologies International presented to its investors.

Northern Technologies International Corporation (NTIC) is a Minneapolis-based company specializing in corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, primarily serving the automotive, electronics, and oil and gas industries.

In the second quarter of fiscal 2025, NTIC reported a decrease in consolidated net sales by 8.5% to $19.1 million, reflecting challenges in its key product categories, including ZERUST® and Natur-Tec®. Despite these setbacks, NTIC remains optimistic about a potential rebound in sales in the latter half of the fiscal year.

Key financial metrics for the quarter included a 3.7% decline in ZERUST® industrial net sales and a significant 28.5% drop in ZERUST® oil and gas net sales. Natur-Tec® product sales also fell by 11.8%. However, NTIC China showed a positive trend with an 8.1% increase in net sales. The company’s gross profit margin decreased to 35.6%, and net income attributable to NTIC was $434,000, down from $1.7 million in the same quarter last year.

Looking ahead, NTIC’s management is focused on strategic growth priorities and financial discipline, aiming to drive sustainable growth and long-term shareholder value. The company is adjusting its quarterly dividend and prioritizing debt reduction to position itself for future opportunities in the oil and gas and compostable plastics sectors.