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How Nocopi Technologies (NNUP) makes money

Nocopi Technologies (NNUP) made $961K of revenue in the second quarter 2026 (Q2 2026), +167% from a year earlier. Product and Other Sales brought in $895K (93%); License brought in $66K (7%).

Drawing the Sankey…

Nocopi Technologies revenue by segment, Q2 2026Nocopi Technologies revenue by segment, Q2 2026Product and Other Sales$895KLicense$66K
Nocopi Technologies revenue by quarterNocopi Technologies revenue by quarter$592KQ4 2024$479KQ1 2025$360KQ2 2025$386KQ3 2025$269KQ4 2025$390KQ1 2026$961KQ2 2026
Nocopi Technologies: where each dollar of revenue goesNocopi Technologies: where each dollar of revenue goesOperating cash flow34¢

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Product and Other Sales$895K93.1%—+307%
License$66K6.9%—-53%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$961K100.0%
Operating cash flow$324K33.7%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$961K+167%
Q1 2026$390K-19%
Q4 2025$269K-55%
Q3 2025$386K-42%
Q2 2025$360K-22%
Q1 2025$479K+20%
Q4 2024$592K+86%

From Nocopi Technologies' 10-Q filed Aug 13, 2026 (on EDGAR).

Questions

How does Nocopi Technologies make money?

Nocopi Technologies (NNUP) made $961K of revenue in the second quarter 2026 (Q2 2026), +167% from a year earlier. Product and Other Sales brought in $895K (93%); License brought in $66K (7%).

What is Nocopi Technologies' biggest business?

Product and Other Sales: $895K in the second quarter 2026, 93% of revenue, +307% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.