Perma-Pipe International Holdings (PPIH) Cost of Revenue (2010 - 2026)
Perma-Pipe International Holdings' (PPIH) quarterly Cost of Revenue came in at $35.6 million in Q2 2026, up 18.67% on a YoY basis from $30.0 million in Q2 2025, and down 5.72% quarter-over-quarter from $37.8 million in Q1 2026.
Analysis
Perma-Pipe International Holdings (PPIH) Cost of Revenue (2010 - 2026) Analysis & Trends
Perma-Pipe International Holdings (PPIH) has reported Cost of Revenue for 17 consecutive years, with $35.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 18.67% year-over-year to $35.6 million; the trailing twelve-month figure through Apr 2026 stood at $147.0 million (up 32.05% YoY), and the FY2026 full-year result was $141.4 million, up 34.53% from the prior year.
- Cost of Revenue fell to $35.6 million in Q2 2026 per PPIH's latest filing, from $37.8 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $40.1 million in Q4 2025 and bottomed at $22.9 million in Q2 2023.
- Historically, Cost of Revenue has averaged $29.2 million across 5 years, with a median of $27.8 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue soared 56.07% in 2022, then fell 15.47% in 2024.
- Over 5 years, Cost of Revenue stood at $26.8 million in 2022, then rose by 21.41% to $32.5 million in 2023, then dropped by 15.47% to $27.5 million in 2024, then jumped by 46.1% to $40.1 million in 2025, then declined by 11.24% to $35.6 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $35.6 million, $37.8 million, and $40.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Parker-Hannifin | 117.96 Bn | 117.45 Bn | 2.25 Bn | 3.51 Bn |
| 2 | Emerson Electric | 82.85 Bn | 80.67 Bn | 2.66 Bn | 2.22 Bn |
| 3 | Ingersoll Rand | 28.47 Bn | 27.30 Bn | 862.60 Mn | 1.19 Bn |
| 4 | Itt | 17.56 Bn | 16.97 Bn | 510.10 Mn | 963.00 Mn |
| 5 | Idex | 16.38 Bn | 15.76 Bn | 426.80 Mn | 493.80 Mn |
| 6 | Graco | 12.43 Bn | 11.93 Bn | 316.94 Mn | 273.61 Mn |
| 7 | Watts Water Technologies | 11.74 Bn | 11.40 Bn | 374.10 Mn | 389.10 Mn |
| 8 | Flowserve | 9.30 Bn | 8.57 Bn | 384.73 Mn | 784.45 Mn |
| 9 | Pentair | 9.12 Bn | 9.03 Bn | 395.00 Mn | 537.60 Mn |
| 10 | Perma-Pipe International Holdings | 239.30 Mn | 207.46 Mn | 14.64 Mn | 35.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 35.63 Mn |
| Jan 31, 2026 | 37.79 Mn |
| Oct 31, 2025 | 40.14 Mn |
| Jul 31, 2025 | 33.48 Mn |
| Apr 30, 2025 | 30.02 Mn |
| Jan 31, 2025 | 29.82 Mn |
| Oct 31, 2024 | 27.48 Mn |
| Jul 31, 2024 | 24.04 Mn |
| Apr 30, 2024 | 23.80 Mn |
| Jan 31, 2024 | 28.15 Mn |
| Oct 31, 2023 | 32.51 Mn |
| Jul 31, 2023 | 25.68 Mn |
| Apr 30, 2023 | 22.88 Mn |
| Jan 31, 2023 | 26.21 Mn |
| Oct 31, 2022 | 26.77 Mn |
| Jul 31, 2022 | 27.12 Mn |
| Apr 30, 2022 | 24.17 Mn |
| Jan 31, 2022 | 29.47 Mn |
| Oct 31, 2021 | 27.57 Mn |
| Jul 31, 2021 | 29.06 Mn |