Nocopi Technologies swings to Q3 net income of $1.4 million; revenues rise to $3.33 million
NNUP•Nocopi Technologies reported fiscal third-quarter 2026 net income of $1.4 million, compared with a year-earlier loss, as total revenues rose to $3.33 million. The company used $366,000 in operating cash over the nine months ended September 30, 2026.
1. Quarterly results
Nocopi Technologies swung to net income of $1.4 million in fiscal third-quarter 2026 from a year-earlier loss. Total revenues rose to $3.33 million, driven by an early license renewal and the Polymeric acquisition. Net cash used in operating activities was $366,000 for the nine months ended September 30, 2026, reversing year-earlier cash generation. The renewed license agreement extends through June 2030 and increases guaranteed minimum royalties.
