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 55.8% year-over-year, from $5.85M 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 35.9% compound annual growth rate (CAGR), from $6.06M to $20.65M.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

Perma-Pipe International Holdings PPIH Net Income

Net Income at other companies

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Other financials

Income statement

See full

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

See full

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

See full

Gross margin32.9%-0.7pp

Operating margin14%+1.1pp

Net margin7.2%+0.7pp

FCF margin1.8%-5.0pp

Returns & leverage

See full

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 official record: Perma-Pipe International Holdings’s 10-Q, filed June 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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 55.8% year-over-year, from $5.85M 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 35.9% compound annual growth rate (CAGR), from $6.06M to $20.65M.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.