What is Perma-Pipe International Holdings's pre-tax income?

Perma-Pipe International Holdings (PPIH) reported pre-tax income of $6.87M in Q4 2025.

How has Perma-Pipe International Holdings's pre-tax income changed year-over-year?

Perma-Pipe International Holdings's pre-tax income increased by 48.9% year-over-year, from $4.62M to $6.87M.

What does pre-tax income mean?

Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

Perma-Pipe International Holdings PPIH Pre-Tax Income

Discontinued — last reported Q4 '26

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Other financials

Income statement

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Revenue$50.3M+7.5%

Gross profit$17.4M+30.5%

Operating income$7.4M+45.1%

Net income$2.6M-39.2%

EPS (diluted)$0.52+86.6%

Balance sheet

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Cash & equivalents$28.3M+50.2%

Total debt$48.6M+269%

Total equity$92.2M+18.5%

Total assets$221.6M+24.3%

Cash flow

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Operating cash flow$6.1M+734%

CapEx$1.3M+35.3%

Free cash flow$4.9M+2,603%

Valuation

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Market cap$221.26M+8.6%

Enterprise value$241.53M+22.9%

P/E14.4×-4.1×

P/S1×-0.2×

Profitability

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Gross margin32.9%-0.7pp

Operating margin14%+1.1pp

Net margin7.2%+0.7pp

FCF margin1.8%-5.0pp

Returns & leverage

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Return on equity18.1%+2.7pp

Debt / equity0.5×+0.4×

Current ratio2.3×+0.4×

Where this comes from

Reported directly by Perma-Pipe International Holdings in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The official record: Perma-Pipe International Holdings’s 10-K, filed April 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Perma-Pipe International Holdings's pre-tax income?: Perma-Pipe International Holdings (PPIH) reported pre-tax income of $6.87M in Q4 2025.
How has Perma-Pipe International Holdings's pre-tax income changed year-over-year?: Perma-Pipe International Holdings's pre-tax income increased by 48.9% year-over-year, from $4.62M to $6.87M.
What does pre-tax income mean?: Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.