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Side-by-side financial comparison of NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC) and RECURSION PHARMACEUTICALS, INC. (RXRX). Click either name above to swap in a different company.

RECURSION PHARMACEUTICALS, INC. is the larger business by last-quarter revenue ($35.5M vs $23.3M, roughly 1.5× NORTHERN TECHNOLOGIES INTERNATIONAL CORP). NORTHERN TECHNOLOGIES INTERNATIONAL CORP runs the higher net margin — 1.0% vs -304.2%, a 305.3% gap on every dollar of revenue. On growth, RECURSION PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (681.7% vs 9.2%). NORTHERN TECHNOLOGIES INTERNATIONAL CORP produced more free cash flow last quarter ($-479.7K vs $-47.3M). Over the past eight quarters, RECURSION PHARMACEUTICALS, INC.'s revenue compounded faster (60.5% CAGR vs 5.8%).

Maxar Technologies Inc., was an American space technology company, specializing in geospatial intelligence, Earth observation, and on-orbit satellite servicing, satellite products, and related services. DigitalGlobe and MDA Holdings Company merged to become Maxar Technologies on October 5, 2017.

Recursion Pharmaceuticals is a clinical-stage biotechnology company that combines artificial intelligence and large-scale high-throughput biological experimentation to discover and develop innovative therapies for rare diseases, oncology, inflammatory disorders, and other areas of unmet medical need. It primarily operates in North America and partners with global biopharmaceutical firms to advance its robust therapeutic pipeline.

NTIC vs RXRX — Head-to-Head

Bigger by revenue
RXRX
RXRX
1.5× larger
RXRX
$35.5M
$23.3M
NTIC
Growing faster (revenue YoY)
RXRX
RXRX
+672.5% gap
RXRX
681.7%
9.2%
NTIC
Higher net margin
NTIC
NTIC
305.3% more per $
NTIC
1.0%
-304.2%
RXRX
More free cash flow
NTIC
NTIC
$46.8M more FCF
NTIC
$-479.7K
$-47.3M
RXRX
Faster 2-yr revenue CAGR
RXRX
RXRX
Annualised
RXRX
60.5%
5.8%
NTIC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NTIC
NTIC
RXRX
RXRX
Revenue
$23.3M
$35.5M
Net Profit
$237.8K
$-108.1M
Gross Margin
36.0%
59.8%
Operating Margin
4.0%
-304.8%
Net Margin
1.0%
-304.2%
Revenue YoY
9.2%
681.7%
Net Profit YoY
-57.6%
39.6%
EPS (diluted)
$0.03
$-0.17

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NTIC
NTIC
RXRX
RXRX
Q4 25
$23.3M
$35.5M
Q3 25
$22.3M
$5.2M
Q2 25
$21.5M
$19.2M
Q1 25
$19.1M
$14.7M
Q4 24
$21.3M
$4.5M
Q3 24
$23.3M
$26.1M
Q2 24
$20.7M
$14.4M
Q1 24
$20.8M
$13.8M
Net Profit
NTIC
NTIC
RXRX
RXRX
Q4 25
$237.8K
$-108.1M
Q3 25
$-1.1M
$-162.3M
Q2 25
$121.8K
$-171.9M
Q1 25
$434.3K
$-202.5M
Q4 24
$561.1K
$-178.9M
Q3 24
$1.8M
$-95.8M
Q2 24
$976.6K
$-97.5M
Q1 24
$1.7M
$-91.4M
Gross Margin
NTIC
NTIC
RXRX
RXRX
Q4 25
36.0%
59.8%
Q3 25
37.9%
-183.8%
Q2 25
38.4%
-4.9%
Q1 25
35.6%
-48.0%
Q4 24
38.3%
-181.4%
Q3 24
43.8%
53.7%
Q2 24
38.2%
36.2%
Q1 24
40.0%
19.1%
Operating Margin
NTIC
NTIC
RXRX
RXRX
Q4 25
4.0%
-304.8%
Q3 25
4.2%
-3327.6%
Q2 25
4.0%
-916.8%
Q1 25
-1.7%
-1297.9%
Q4 24
5.2%
-4042.4%
Q3 24
11.8%
-377.1%
Q2 24
7.4%
-697.4%
Q1 24
10.6%
-698.4%
Net Margin
NTIC
NTIC
RXRX
RXRX
Q4 25
1.0%
-304.2%
Q3 25
-4.9%
-3135.3%
Q2 25
0.6%
-894.2%
Q1 25
2.3%
-1373.3%
Q4 24
2.6%
-3935.5%
Q3 24
7.9%
-367.5%
Q2 24
4.7%
-676.6%
Q1 24
8.2%
-662.4%
EPS (diluted)
NTIC
NTIC
RXRX
RXRX
Q4 25
$0.03
$-0.17
Q3 25
$-0.11
$-0.36
Q2 25
$0.01
$-0.41
Q1 25
$0.04
$-0.50
Q4 24
$0.06
$-0.56
Q3 24
$0.19
$-0.34
Q2 24
$0.10
$-0.40
Q1 24
$0.17
$-0.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NTIC
NTIC
RXRX
RXRX
Cash + ST InvestmentsLiquidity on hand
$6.4M
$743.3M
Total DebtLower is stronger
$9.6M
Stockholders' EquityBook value
$72.4M
$1.1B
Total Assets
$104.0M
$1.5B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTIC
NTIC
RXRX
RXRX
Q4 25
$6.4M
$743.3M
Q3 25
$7.3M
$659.8M
Q2 25
$6.8M
$525.1M
Q1 25
$5.1M
$500.5M
Q4 24
$5.6M
$594.4M
Q3 24
$5.0M
$427.6M
Q2 24
$5.8M
$474.3M
Q1 24
$4.8M
$296.3M
Total Debt
NTIC
NTIC
RXRX
RXRX
Q4 25
$9.6M
Q3 25
$11.9M
Q2 25
$14.2M
Q1 25
$16.4M
Q4 24
$19.0M
Q3 24
$20.5M
Q2 24
$22.9M
Q1 24
Stockholders' Equity
NTIC
NTIC
RXRX
RXRX
Q4 25
$72.4M
$1.1B
Q3 25
$72.1M
$1.0B
Q2 25
$72.4M
$919.1M
Q1 25
$69.7M
$933.9M
Q4 24
$70.2M
$1.0B
Q3 24
$71.2M
$524.6M
Q2 24
$68.9M
$584.4M
Q1 24
$68.4M
$401.2M
Total Assets
NTIC
NTIC
RXRX
RXRX
Q4 25
$104.0M
$1.5B
Q3 25
$102.7M
$1.4B
Q2 25
$99.3M
$1.3B
Q1 25
$93.7M
$1.3B
Q4 24
$94.0M
$1.4B
Q3 24
$94.7M
$726.5M
Q2 24
$89.3M
$775.9M
Q1 24
$87.3M
$557.8M
Debt / Equity
NTIC
NTIC
RXRX
RXRX
Q4 25
0.01×
Q3 25
0.01×
Q2 25
0.02×
Q1 25
0.02×
Q4 24
0.02×
Q3 24
0.04×
Q2 24
0.04×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NTIC
NTIC
RXRX
RXRX
Operating Cash FlowLast quarter
$341.9K
$-46.1M
Free Cash FlowOCF − Capex
$-479.7K
$-47.3M
FCF MarginFCF / Revenue
-2.1%
-133.1%
Capex IntensityCapex / Revenue
3.5%
3.5%
Cash ConversionOCF / Net Profit
1.44×
TTM Free Cash FlowTrailing 4 quarters
$-1.8M
$-378.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTIC
NTIC
RXRX
RXRX
Q4 25
$341.9K
$-46.1M
Q3 25
$-1.4M
$-117.4M
Q2 25
$609.7K
$-76.4M
Q1 25
$803.7K
$-132.0M
Q4 24
$2.4M
$-115.4M
Q3 24
$-59.2M
Q2 24
$1.9M
$-82.2M
Q1 24
$-102.3M
Free Cash Flow
NTIC
NTIC
RXRX
RXRX
Q4 25
$-479.7K
$-47.3M
Q3 25
$-1.4M
$-117.6M
Q2 25
$-171.2K
$-79.6M
Q1 25
$293.1K
$-133.8M
Q4 24
$1.2M
$-116.7M
Q3 24
$-63.8M
Q2 24
$869.4K
$-83.4M
Q1 24
$-109.0M
FCF Margin
NTIC
NTIC
RXRX
RXRX
Q4 25
-2.1%
-133.1%
Q3 25
-6.3%
-2272.5%
Q2 25
-0.8%
-413.9%
Q1 25
1.5%
-907.4%
Q4 24
5.5%
-2567.7%
Q3 24
-244.6%
Q2 24
4.2%
-578.5%
Q1 24
-789.9%
Capex Intensity
NTIC
NTIC
RXRX
RXRX
Q4 25
3.5%
3.5%
Q3 25
0.2%
4.7%
Q2 25
3.6%
16.4%
Q1 25
2.7%
12.4%
Q4 24
5.7%
28.6%
Q3 24
17.5%
Q2 24
5.2%
8.2%
Q1 24
48.2%
Cash Conversion
NTIC
NTIC
RXRX
RXRX
Q4 25
1.44×
Q3 25
Q2 25
5.01×
Q1 25
1.85×
Q4 24
4.27×
Q3 24
Q2 24
1.99×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NTIC
NTIC

Inside The USA To Unaffiliated Customers$7.5M32%
Natur Tec$6.0M26%
Acobal$3.6M15%
Other$2.7M12%
BR$2.1M9%
Zerust OY$1.4M6%

RXRX
RXRX

Segment breakdown not available.

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