Perma-Pipe International Holdings (PPIH) Cost of Revenue (2010 - 2026)
Perma-Pipe International Holdings (PPIH) posted Cost of Revenue of $42.16 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 25.9% from $33.48 million a year earlier and up 18.3% from the prior quarter.
Perma-Pipe International Holdings (PPIH) Cost of Revenue (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Cost of Revenue at Perma-Pipe International Holdings was $155.73 million, up 28.9% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $141.44 million, up 34.5% from FY2025.
- Annual Cost of Revenue shows a five-year compound annual growth rate of 14.0% (FY2021 to FY2026).
- In prior fiscal years, Perma-Pipe International Holdings' Cost of Revenue was $105.14 million in FY2025 (-3.7%), $109.21 million in FY2024 (+4.7%), $104.27 million in FY2023 (-1.7%) and $106.02 million in FY2022 (+44.2%).
- The fiscal Q2 2027 figure stands as the highest quarterly Cost of Revenue since fiscal Q2 2015.
- On a year-over-year basis, Cost of Revenue has increased in each of the last seven quarters, with growth averaging 21.7% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was fiscal Q3 2022, with growth of 58.8%; the weakest was fiscal Q3 2025, with a decline of 15.5%.
- According to Business Quant data, Cost of Revenue for the three prior fiscal quarters was $35.63 million (Q1 2027), $37.79 million (Q4 2026) and $40.14 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 12.78 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 5.21 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 7.95 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 5.68 Bn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 3.51 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 2.04 Bn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 2.22 Bn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 3.82 Bn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 2.40 Bn |
| 10 | Perma-Pipe International Holdings | 261.09 Mn | 172.57 Mn | 17.41 Mn | 42.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 42.16 Mn |
| 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 |
Perma-Pipe International Holdings Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PPIH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "PPIH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PPIH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();