PPIH
Perma-Pipe International Holdings, Inc.
NASDAQ · Industrials · Construction · US
$28.38
+2.90%Income statement
| Metric | TTM | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 214.4M | 210.9M | 158.4M | 150.7M | 142.6M |
| Cost of Revenue | 147.0M | 141.4M | 105.1M | 109.2M | 104.3M |
| Gross Profit | 67.4M | 69.5M | 53.2M | 41.5M | 38.3M |
| Operating Expenses | |||||
| R&D Expense | — | — | 100.0K | — | — |
| SG&A Expense | 41.2M | 40.0M | 32.9M | 28.1M | 27.2M |
| General & Admin Expense | 36.4M | 35.3M | 28.0M | 22.6M | 22.0M |
| Selling & Marketing Expense | 4.8M | 4.7M | 4.9M | 5.5M | 5.2M |
| Other Expenses | 1.0K | — | (100.0K) | — | — |
| Total Operating Expenses | 41.2M | 40.0M | 32.9M | 28.1M | 27.2M |
| Cost and Expenses | 188.2M | 181.5M | 138.1M | 137.3M | 131.4M |
| Operating Income (EBIT) | 26.2M | 29.4M | 20.3M | 13.4M | 11.1M |
| Non-Operating | |||||
| Interest Income | — | 298.0K | 284.0K | 163.0K | 124.0K |
| Interest Expense | 2.0M | 2.1M | 2.2M | 2.4M | 2.2M |
| Net Interest Income | (2.0M) | (1.8M) | (1.9M) | (2.3M) | (2.1M) |
| Other Non-Op Income/Expense | (2.2M) | (2.0M) | (1.8M) | (3.5M) | (1.6M) |
| Non-Operating Income (excl Interest) | 137.0K | (164.0K) | (107.0K) | 1.0M | (657.0K) |
| EBT (Pre-Tax Income) | 24.0M | 27.5M | 18.5M | 9.9M | 9.6M |
| Income Tax Expense | 6.6M | 6.8M | 5.4M | (3.3M) | 3.6M |
| Bottom Line | |||||
| Net Income | 13.9M | 17.0M | 9.0M | 10.5M | 5.9M |
| Earnings from Cont. Ops | 17.4M | 20.6M | 13.1M | 13.2M | 5.9M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 13.9M | 17.0M | 9.0M | 10.5M | 5.9M |
| Per Share | |||||
| Basic EPS | $1.72 | $2.12 | $1.13 | $1.31 | $0.75 |
| Diluted EPS | $1.69 | $2.09 | $1.12 | $1.30 | $0.73 |
| Revenue Per Share | $26.40 | $26.21 | $19.91 | $18.89 | $17.87 |
| Shares | |||||
| Basic Shares Outstanding | 8.1M | 8.0M | 8.0M | 8.0M | 8.0M |
| Diluted Shares Outstanding | 8.2M | 8.1M | 8.0M | 8.1M | 8.1M |
| Profitability Metrics | |||||
| EBITDA | 31.6M | 34.5M | 24.0M | 16.1M | 15.4M |
| D&A | 5.6M | 4.9M | 3.6M | 3.8M | 3.6M |
| EBIT | 26.1M | 29.6M | 20.4M | 12.3M | 11.8M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Apr 1, 2026