All currency values in $ millions unless otherwise noted
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| Income Statement | TTM | JAN 2026 | JAN 2025 | JAN 2024 | JAN 2023 | JAN 2022 |
|---|---|---|---|---|---|---|
| Revenues | ||||||
| Revenue | $226 | $211 | $158 | $151 | $143 | $139 |
| Cost of Revenue | $156 | $141 | $105 | $109 | $104 | $106 |
| Gross Profit | $70 | $69 | $53 | $41 | $38 | $33 |
| Operating Expenses | ||||||
| Selling & Marketing | $5 | $5 | $5 | $6 | $5 | $5 |
| General & Administrative | $38 | $35 | $28 | $23 | $22 | $20 |
| Research & Development | – | – | $0 | $1 | $1 | $0 |
| Provision for Doubtful Accounts | $4 | $1 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $43 | $40 | $33 | $28 | $27 | $24 |
| Operating Income | $27 | $29 | $20 | $13 | $11 | $8 |
| Non-Operating | ||||||
| Net Interest Expense | – | -$2 | -$2 | -$2 | -$2 | -$1 |
| Other Non-Operating Income (Expense) | -$0 | -$0 | $0 | -$1 | $1 | $1 |
| EBT (Earnings Before Tax) | $25 | $27 | $18 | $10 | $10 | $8 |
| Income Tax Expense | $6 | $7 | $5 | -$3 | $4 | $2 |
| Minority Interest | $4 | $4 | $4 | $3 | $0 | – |
| Net Income | ||||||
| Net Income | $16 | $17 | $9 | $10 | $6 | $6 |
| Per Share Data | ||||||
| Revenue Per Share | $27.37 | $25.89 | $19.76 | $18.66 | $17.57 | $16.46 |
| EPS (Basic) | $1.92 | $2.12 | $1.13 | $1.31 | $0.75 | $0.75 |
| EPS (Diluted) | $1.91 | $2.09 | $1.12 | $1.30 | $0.73 | $0.72 |
| Weighted Avg Shares (Basic) | 8.2M | 8.0M | 8.0M | 8.0M | 8.0M | 8.1M |
| Weighted Avg Shares (Diluted) | 8.3M | 8.1M | 8.0M | 8.1M | 8.1M | 8.4M |
| Shares Outstanding | 8.3M | 8.1M | 8.0M | 8.1M | 8.1M | 8.4M |
Perma-Pipe International Holdings (PPIH) financials: revenue, profit and margins
Perma-Pipe International Holdings (PPIH) generated about $226 million in revenue and $16 million in net income (a 6.9% net margin) over the trailing twelve months, growing at roughly 20.0% a year. Figures are from SEC filings; this is analysis, not investment advice.
Frequently asked
What is Perma-Pipe International Holdings's (PPIH) revenue?+
Perma-Pipe International Holdings generated about $226 million in revenue over the trailing twelve months. Revenue has grown at roughly 20.0% a year over the past five years. Revenue is the top line, before any costs; what matters for value is how much of it survives to free cash flow. The full income statement, balance sheet and cash-flow statement are on this tab.
Is Perma-Pipe International Holdings profitable?+
Yes, Perma-Pipe International Holdings reported about $16 million in net income over the trailing twelve months, a net profit margin of roughly 6.9%. Net income is the bottom line after all costs, interest and taxes. Compare it to free cash flow on this tab, since reported profit and actual cash generated can diverge.
What are Perma-Pipe International Holdings's profit margins?+
Perma-Pipe International Holdings runs a gross margin of about 31.1%, an operating margin of about 12.1%, a net margin of about 6.9%. Margins show how much of each sales dollar a company keeps at each stage. Stable or rising margins usually signal pricing power and cost discipline; falling margins are worth investigating. See the multi-year trend on this tab.
How fast is Perma-Pipe International Holdings growing?+
Perma-Pipe International Holdings's revenue has compounded at roughly 20.0% a year over the past five years. Growth only creates value when it is profitable and cash-generative, so read this rate alongside PPIH's margins and free cash flow. This is analysis from SEC filings, not investment advice.
SourceFinancial statements computed from the 10-Q filed 9 Sept 2026, covering the period ending 31 Jul 2026, as reported to the SEC. Data last refreshed 10 Sept 2026. How this is calculated.
Fiscal year ends Jan.
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Held by ETFs
PPIH is in 10 US ETFs. The largest of them, with PPIH's weight in each:
Avantis U.S. Small Cap Value ETFAVUV0.01%of the fund
iShares Russell 2000 Growth ETFIWO0.01%of the fund
Dimensional U.S. Targeted Value ETFDFAT0.01%of the fund
- BSEA Bridgeway Omni Small-Cap Value ETFBSVO0.04%of the fund
Vanguard Russell 2000 Growth ETFVTWG0.02%of the fund
Spot a number that looks wrong? Check it in PPIH's SEC filings or
Download this analysis as a PDF (Pro)
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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