Northern Technologies International Corporation (NTIC) Releases Q1 2026 Earnings: Revenue Growth but EPS Miss

By: Quiver EarningsTracker

Posted: 2 months, 3 weeks ago / Jan. 8, 2026 1:18 p.m. UTC

NTIC

Northern Technologies International Corporation (NTIC) — Q1 2026

Total revenue increased 9.23% year-over-year to $23.3 million, topping the consensus revenue estimate of $21.11 million. Gross profit rose modestly by 2.7% to $8.38 million, while cost of sales expanded by 13.3% to $14.93 million.

Revenue: $23.3 million (+9.23% YoY)

Gross profit: $8.38 million (+2.7% YoY)

Operating profit: $0.93 million (-15.64% YoY)

Net income attributable to common shareholders: $0.24 million (-57.61% YoY)

Diluted earnings per share: $0.03 (-50.0% YoY)

Cash flow and balance sheet movements showed mixed signals. Cash generated from operations declined sharply, while the company kept investing in property and equipment. Cash on hand increased year-over-year, but total liabilities rose notably.

Cash from operating activities: $0.34 million (-85.72% YoY)

Purchases of property, plant and equipment (capex): $0.82 million (-32.63% YoY)

Cash and cash equivalents: $6.39 million (+14.72% YoY)

Total liabilities: $27.35 million (+38.63% YoY)

EPS came in at $0.03, below the EPS estimate of $0.051, reflecting the steep year-over-year decline in profitability despite revenue outperformance. The quarter highlights a revenue gain offset by margin pressure and weakened operating cash flow for Northern Technologies International Corporation (NTIC).

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Northern Technologies International Corporation Hedge Fund Activity

We have seen 15 institutional investors add shares of Northern Technologies International Corporation stock to their portfolio, and 34 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PERRITT CAPITAL MANAGEMENT INC removed 1,113,241 shares (-86.6%) from their portfolio in Q3 2025, for an estimated $8,583,088
NEEDHAM INVESTMENT MANAGEMENT LLC added 124,500 shares (+24.2%) to their portfolio in Q3 2025, for an estimated $959,895
BLACKROCK, INC. removed 77,264 shares (-65.9%) from their portfolio in Q3 2025, for an estimated $595,705
SHEETS SMITH WEALTH MANAGEMENT removed 48,948 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $377,389
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 48,047 shares (+274.0%) to their portfolio in Q3 2025, for an estimated $370,442
Y-INTERCEPT (HONG KONG) LTD removed 34,325 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $264,645
STIFEL FINANCIAL CORP removed 33,394 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $257,467

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.