The effect of$ZrO_2$addition on the microstructure and electrical properties of Ni-Mn oxide NTC thermistors was studied. Major phases present in the sintered bodies of $Ni_{1.0}Mn_{2-x}Zr_xO_4$ were the solid solutions of Ni-Mn-Zr oxides with a cubic spinel structure and the $ZrO_2$ with a tetragonal structure. The $ZrO_2$ was formed by the partial decomposition or incomplete formation of the Ni-Mn-Zr oxides during sintering. With increasing the amount of added $ZrO_2$, the $ZrO_2$ phase increased. The relationship between log resistivity (log p) and the reciprocal of absolute temperature (1/T) of the NTC thermistors prepared was linear, indicative of NTC characteristics. The resistivity, B constant and activation energy of the thermistors increased with increasing $ZrO_2$ content.