Perma-Pipe International Holdings (PPIH) Gross Margin (2010 - 2026)

Perma-Pipe International Holdings' Gross Margin history runs 17 years deep, the most recent figure standing at 29.12% for Q2 2026.

• On a quarterly basis, Gross Margin fell 666.0% year-over-year to 29.12% in Q2 2026; TTM through Apr 2026 was 31.43%, a 338.0% decrease from a year earlier, with the FY2026 full-year figure at 32.94%, down 68.0% from the prior year.
• Gross Margin was 29.12% for Q2 2026 at Perma-Pipe International Holdings, down from 31.45% in the prior quarter.
• Over the last five years, Gross Margin for PPIH reached as high as 35.92% in Q3 2024 and fell as low as 22.58% in Q2 2022.
• A 5-year average of 29.72% and a median of 29.66% in 2022 frame the typical range for Gross Margin.
• The widest annual swing landed in 2022, when Gross Margin soared 1335 bps; it then plunged 666 bps in 2026.
• Tracing PPIH's Gross Margin over 5 years: stood at 29.36% in 2022, then dropped by 2 bps to 28.86% in 2023, then rose by 17 bps to 33.89% in 2024, then advanced by 1 bps to 34.35% in 2025, then retreated by 15 bps to 29.12% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 29.12%, 31.45%, and 34.35% for Q2 2026, Q1 2026, and Q4 2025 respectively.