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Side-by-side financial comparison of NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC) and Sol-Gel Technologies Ltd. (SLGL). Click either name above to swap in a different company.

NORTHERN TECHNOLOGIES INTERNATIONAL CORP is the larger business by last-quarter revenue ($23.3M vs $17.3M, roughly 1.4× Sol-Gel Technologies Ltd.). Sol-Gel Technologies Ltd. runs the higher net margin — 67.3% vs 1.0%, a 66.2% gap on every dollar of revenue. On growth, Sol-Gel Technologies Ltd. posted the faster year-over-year revenue change (217.7% vs 9.2%).

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.

Sol-Gel Technologies Ltd. is a specialty biopharmaceutical company focused on developing and commercializing innovative dermatology treatments. Leveraging its proprietary sol-gel delivery technology, it creates topical therapies for common skin conditions including acne, rosacea and atopic dermatitis, with primary markets across North America and Europe, partnering with established healthcare firms to expand product reach.

NTIC vs SLGL — Head-to-Head

Bigger by revenue
NTIC
NTIC
1.4× larger
NTIC
$23.3M
$17.3M
SLGL
Growing faster (revenue YoY)
SLGL
SLGL
+208.5% gap
SLGL
217.7%
9.2%
NTIC
Higher net margin
SLGL
SLGL
66.2% more per $
SLGL
67.3%
1.0%
NTIC

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
NTIC
NTIC
SLGL
SLGL
Revenue
$23.3M
$17.3M
Net Profit
$237.8K
$11.6M
Gross Margin
36.0%
Operating Margin
4.0%
65.1%
Net Margin
1.0%
67.3%
Revenue YoY
9.2%
217.7%
Net Profit YoY
-57.6%
487.6%
EPS (diluted)
$0.03
$4.17

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
SLGL
SLGL
Q4 25
$23.3M
Q3 25
$22.3M
Q2 25
$21.5M
$17.3M
Q1 25
$19.1M
Q4 24
$21.3M
Q3 24
$23.3M
Q2 24
$20.7M
$5.4M
Q1 24
$20.8M
Net Profit
NTIC
NTIC
SLGL
SLGL
Q4 25
$237.8K
Q3 25
$-1.1M
Q2 25
$121.8K
$11.6M
Q1 25
$434.3K
Q4 24
$561.1K
Q3 24
$1.8M
Q2 24
$976.6K
$2.0M
Q1 24
$1.7M
Gross Margin
NTIC
NTIC
SLGL
SLGL
Q4 25
36.0%
Q3 25
37.9%
Q2 25
38.4%
Q1 25
35.6%
Q4 24
38.3%
Q3 24
43.8%
Q2 24
38.2%
Q1 24
40.0%
Operating Margin
NTIC
NTIC
SLGL
SLGL
Q4 25
4.0%
Q3 25
4.2%
Q2 25
4.0%
65.1%
Q1 25
-1.7%
Q4 24
5.2%
Q3 24
11.8%
Q2 24
7.4%
29.9%
Q1 24
10.6%
Net Margin
NTIC
NTIC
SLGL
SLGL
Q4 25
1.0%
Q3 25
-4.9%
Q2 25
0.6%
67.3%
Q1 25
2.3%
Q4 24
2.6%
Q3 24
7.9%
Q2 24
4.7%
36.4%
Q1 24
8.2%
EPS (diluted)
NTIC
NTIC
SLGL
SLGL
Q4 25
$0.03
Q3 25
$-0.11
Q2 25
$0.01
$4.17
Q1 25
$0.04
Q4 24
$0.06
Q3 24
$0.19
Q2 24
$0.10
$0.71
Q1 24
$0.17

Balance Sheet & Financial Strength

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

Metric
NTIC
NTIC
SLGL
SLGL
Cash + ST InvestmentsLiquidity on hand
$6.4M
$24.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$72.4M
$31.9M
Total Assets
$104.0M
$39.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTIC
NTIC
SLGL
SLGL
Q4 25
$6.4M
Q3 25
$7.3M
Q2 25
$6.8M
$24.3M
Q1 25
$5.1M
Q4 24
$5.6M
Q3 24
$5.0M
Q2 24
$5.8M
$26.5M
Q1 24
$4.8M
Stockholders' Equity
NTIC
NTIC
SLGL
SLGL
Q4 25
$72.4M
Q3 25
$72.1M
Q2 25
$72.4M
$31.9M
Q1 25
$69.7M
Q4 24
$70.2M
Q3 24
$71.2M
Q2 24
$68.9M
$34.9M
Q1 24
$68.4M
Total Assets
NTIC
NTIC
SLGL
SLGL
Q4 25
$104.0M
Q3 25
$102.7M
Q2 25
$99.3M
$39.3M
Q1 25
$93.7M
Q4 24
$94.0M
Q3 24
$94.7M
Q2 24
$89.3M
$42.0M
Q1 24
$87.3M

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTIC
NTIC
SLGL
SLGL
Q4 25
$341.9K
Q3 25
$-1.4M
Q2 25
$609.7K
Q1 25
$803.7K
Q4 24
$2.4M
Q3 24
Q2 24
$1.9M
Q1 24
Free Cash Flow
NTIC
NTIC
SLGL
SLGL
Q4 25
$-479.7K
Q3 25
$-1.4M
Q2 25
$-171.2K
Q1 25
$293.1K
Q4 24
$1.2M
Q3 24
Q2 24
$869.4K
Q1 24
FCF Margin
NTIC
NTIC
SLGL
SLGL
Q4 25
-2.1%
Q3 25
-6.3%
Q2 25
-0.8%
Q1 25
1.5%
Q4 24
5.5%
Q3 24
Q2 24
4.2%
Q1 24
Capex Intensity
NTIC
NTIC
SLGL
SLGL
Q4 25
3.5%
Q3 25
0.2%
Q2 25
3.6%
Q1 25
2.7%
Q4 24
5.7%
Q3 24
Q2 24
5.2%
Q1 24
Cash Conversion
NTIC
NTIC
SLGL
SLGL
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%

SLGL
SLGL

Segment breakdown not available.

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