NTIC

EX-99.1

2 exh_991.htm

PRESS RELEASE

EdgarFiling

EXHIBIT 99.1

Northern Technologies International Corporation Reports Financial Results for Third Quarter Fiscal 2026

MINNEAPOLIS, July 09, 2026 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ: NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today reported its financial results for the third quarter of fiscal 2026.

Third quarter fiscal 2026 financial and operating highlights include (with growth rates on a fiscal quarter year-over-year basis):

Consolidated net sales increased 12.6% to a record $24,216,000 ZERUST® industrial net sales increased 10.3% to a record $15,926,000 ZERUST® oil and gas net sales increased 72.3% to a third quarter record of $2,219,000 Natur-Tec® product net sales increased 5.0% to a record $6,070,000 NTIC China net sales were $4,480,000, compared to $4,510,000 in the third quarter fiscal 2025 Gross profit, as a percentage of net sales, decreased 477 basis points to 33.6% Joint venture operating income increased 12.2% to $2,551,000 Income before income tax expense was $376,000, compared to $743,000 Net loss attributable to NTIC was $263,000, compared to net income attributable to NTIC of $122,000 Net loss per diluted share attributable to NTIC was $0.03, compared to net income per diluted share attributable to NTIC of $0.01 “Strong global demand and increasing adoption of our ZERUST® corrosion prevention and Natur-Tec® bioplastic solutions drove quarterly consolidated net sales to new record highs. Global disruptions stemming from increased conflict levels in the Middle East, including through the Strait of Hormuz, drove a significant increase in the cost of key raw materials during the quarter, and gross margin was further affected by competitive pricing pressure in our Natur-Tec® business. Together, these factors reduced our gross margin by approximately 477 basis points year-over-year. We have begun to see raw material costs ease, and the pricing and procurement initiatives we are pursuing are expected to improve gross margin and profitability in the fourth quarter,” said G. Patrick Lynch, President and CEO of NTIC.

“Since reaching the profitability levels we planned for is taking longer than expected, we believe NTIC must remain focused on the initiatives within our control to drive more profitable growth, including expanding sales of our higher-margin ZERUST® oil and gas solutions and broadening Natur-Tec® applications globally. Our liquidity and financial flexibility remain solid, supported by significant capital within our joint venture network and anticipated proceeds of more than $1.0 million from the pending sale of our Beachwood, Ohio facility, which is expected to close in fiscal 2027. The resilience of our business model, continued demand for our technologies. and our focus on execution give us confidence in stronger, more profitable fourth-quarter results,” concluded Mr. Lynch.

NTIC’s consolidated net sales increased 12.6% to $24,216,000 during the three months ended May 31, 2026, compared to $21,509,000 for the three months ended May 31, 2025. The year-over-year increase in third quarter sales was primarily driven by increased sales and demand for ZERUST® and Natur-Tec® products. For the nine months ended May 31, 2026, consolidated net sales increased 12.3% to $69,521,000, compared to $61,919,000 for the same period last fiscal year.

The following tables set forth NTIC’s net sales by product category for the three and nine months ended May 31, 2026 and 2025, by segment:

Three Months Ended May 31,

2026 % of Net Sales 2025 % of Net Sales % Change

ZERUST®industrial net sales$15,926,269 65.8% $14,440,591 67.1% 10.3%

ZERUST®oil & gas net sales 2,219,342 9.1%  1,288,046 6.0% 72.3%

Total ZERUST®net sales$18,145,611 74.9% $15,728,637 73.1% 15.4%

Total Natur-Tec®net sales 6,070,051 25.1%  5,779,926 26.9% 5.0%

Total net sales$24,215,662 100.0% $21,508,563 100.0% 12.6%

Nine Months Ended May 31,

2026 % of Net Sales 2025 % of Net Sales % Change

ZERUST®industrial net sales$44,816,138 64.4% $40,965,696 66.2% 9.4%

ZERUST®oil & gas net sales 7,279,062 10.5%  4,350,761 7.0% 67.3%

Total ZERUST®net sales$52,095,200 74.9% $45,316,457 73.2% 15.0%

Total Natur-Tec®net sales 17,426,065 25.1%  16,602,565 26.8% 5.0%

Total net sales$69,521,265 100.0% $61,919,022 100.0% 12.3%

Net sales at NTIC’s joint ventures, which are not consolidated with NTIC’s financial results, increased 15.1% to $26,708,000 during the three months ended May 31, 2026, compared to $23,212,000 for the three months ended May 31, 2025. NTIC’s total income from joint venture operations increased 12.2% to $2,551,000 during the three months ended May 31, 2026, compared to $2,273,000 during the three months ended May 31, 2025. The $278,000 increase in total income from joint venture operations was primarily due to an increase in sales at NTIC’s jo

EX-99.1

2 exh_991.htm

PRESS RELEASE

EdgarFiling

EXHIBIT 99.1

Northern Technologies International Corporation Reports Financial Results for Second Quarter Fiscal 2026

MINNEAPOLIS, April 09, 2026 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ: NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today reported its financial results for the second quarter of fiscal 2026.

Second quarter fiscal 2026 financial and operating highlights include (with growth rates on a fiscal quarter year-over-year basis):

Consolidated net sales increased 15.3% to a record second quarter of $21,997,000 ZERUST® industrial net sales increased 11.2% to $13,967,000 ZERUST® oil and gas net sales increased 72.1% to a second quarter record of $2,666,000 Natur-Tec® product net sales increased 8.1% to $5,363,000 NTIC China net sales increased 18.5% to $4,425,000 Gross profit, as a percentage of net sales, increased 10 basis points to 35.7% Joint venture operating income increased 19.8% to $2,027,000 Operating income improved to $383,000, compared to an operating loss of $(333,000) in the prior-year quarter Net loss attributable to NTIC was $35,000, compared to net income attributable to NTIC $434,000 Net loss per diluted share attributable to NTIC was $(0.00), compared to net income per diluted share attributable to NTIC of $0.04 For second quarter of fiscal 2025, NTIC recognized $1,140,000 in other income due to the receipt of an Employee Retention Credit (ERC) payment Non-GAAP adjusted net income(1) was $70,000, or $0.01 per diluted share, compared to a Non-GAAP adjusted net loss of $300,000, or $(0.03) per share for the same period last year “Our results were in line with our long-term growth strategy. Second quarter performance was driven by solid top-line growth across our businesses, including record second quarter ZERUST® oil and gas net sales, with year-over-year growth across all geographies, in accordance with the investments we have made in our global sales infrastructure and the increasing adoption of our VCI solutions within the global oil and gas industry. We have also seen consistent strength at NTIC China, despite the seasonal impact of the Lunar New Year and achieved another solid quarter of Natur-Tec® growth. Overall, second quarter and year-to-date results reflect the resilience of our business model and the increasing value customers place on our corrosion prevention and compostable plastics solutions,” said G. Patrick Lynch, President and CEO of NTIC.

“While the macro environment, including geopolitical tensions in the Middle East, ongoing supply chain pressures, and continued challenges in the European economy, has become more uncertain, we remain confident in the direction of our business and the strategies we are executing to drive long-term value. The diversity of our end markets, geographic footprint, and product portfolio positions us well to navigate near-term volatility. As we move through the second half of fiscal 2026, we expect continued sales growth and improved profitability, supported by stable trends in North America and ongoing strength in NTIC China, ZERUST® oil and gas, and Natur-Tec®,” concluded Mr. Lynch.

NTIC’s consolidated net sales increased 15.3% to $21,997,000 during the three months ended February 28, 2026, compared to $19,072,000 for the three months ended February 28, 2025. The year-over-year increase in second quarter sales was primarily driven by increased sales and demand for ZERUST® and Natur-Tec® products. For the first half of fiscal 2026, consolidated net sales increased 12.1% to $45,306,000, compared to $40,410,000 for the same period last year.

The following tables set forth NTIC’s net sales by product category for the three and six months ended February 28, 2026, and 2025, by segment:

Three Months Ended February 28,

2026   % of Net Sales   2025   % of Net Sales   % Change

ZERUST®industrial net sales$13,967,414   63.5% $12,562,853   65.9%  11.2%

ZERUST®oil & gas net sales 2,666,042   12.1%  1,549,164   8.1%  72.1%

Total ZERUST®net sales$16,633,456   75.6% $14,112,017   74.0%  17.9%

Total Natur-Tec®net sales 5,363,329   24.4%  4,960,049   26.0%  8.1%

Total net sales$21,996,785   100.0% $19,072,066   100.0%  15.3%

Six Months Ended February 28,

2026   % of Net Sales 2025   % of Net Sales   % Change

ZERUST®industrial net sales$28,889,932   63.7% $26,525,105   65.6%  8.9%

ZERUST®oil & gas net sales 5,059,720   11.2%  3,062,715   7.6%  65.2%

Total ZERUST®net sales$33,949,652   74.9% $29,587,820   73.2%  14.7%

Total Natur-Tec®net sales 11,356,014   25.1%  10,822,639   26.8%  4.9%

Total net sales$45,305,666   100.0% $40,410,459   100.0%  12.1%

Net sales at NTIC’s joint ventures, which are not consolidated with NTIC’s financial results, increased 18.6% to $23,484,000 during the three months ended February 28, 2026, compared to $19,800,000 for the three mon

Form 8-KFalse000087558200008755822026-01-082026-01-08iso4217:USDxbrli:sharesiso4217:USDxbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported):  January 8, 2026

NORTHERN TECHNOLOGIES INTERNATIONAL CORPORATION

(Exact name of registrant as specified in its charter)

Delaware001-1103841-0857886 (State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification No.) 4201 Woodland Road P.O. Box 69 Circle Pines, Minnesota 55014 (Address of Principal Executive Offices) (Zip Code) (763) 225-6600 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registered Common stock, par value $0.02 per shareNTICNasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On January 8, 2026, Northern Technologies International Corporation (“NTIC”) announced its consolidated financial results for the first quarter ended November 30, 2025.  A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and the information set forth therein is incorporated herein by reference and constitutes a part of this report.

The information contained in Item 2.02 of this report and Exhibit 99.1 to this report shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and shall not be incorporated by reference into any filings made by NTIC under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description

99.1 Press Release issued January 8, 2026 (furnished herewith) 104 The Cover Page from this Current Report on Form 8-K, Formatted in Inline XBRL (filed herewith)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NORTHERN TECHNOLOGIES INTERNATIONAL CORPORATION

Date: January 8, 2026By: /s/ Matthew C. Wolsfeld Matthew C. Wolsfeld Chief Financial Officer and Corporate Secretary