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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%
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$220.53M-9.4%
Enterprise value$240.8M-0.8%
P/E14.4×-4.4×
P/S-0.3×

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:ProfitLoss.

The source filing: Perma-Pipe International Holdings’s 10-Q, filed June 9, 2026.

Filed
Jun 9, 2026, 8:37 AM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001437749-26-019930
Line itemThree Months Ended April 30, 2026Three Months Ended April 30, 2025
Other expense, net11047
Income before income taxes3,9227,436
Income tax expense1,3321,582
Net income2,5905,854
Less: Net income attributable to non-controlling interest789902
Net income attributable to common stock$1,801$4,952
Weighted average common shares outstanding
Basic8,1237,983

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FAQ

What is Perma-Pipe International Holdings's net income?
Perma-Pipe International Holdings (PPIH) reported net income of $2.59M in Q1 2026.
How has Perma-Pipe International Holdings's net income changed year-over-year?
Perma-Pipe International Holdings's net income decreased by 39.2% year-over-year, from $4.26M to $2.59M.
What is the long-term trend for Perma-Pipe International Holdings's net income?
Over 4 years (2022 to 2026), Perma-Pipe International Holdings's net income has grown at a 29.5% compound annual growth rate (CAGR), from $6.06M to $17.04M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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