Growth Metrics

Perma-Pipe International Holdings (PPIH) Gross Margin (2016 - 2026)

Perma-Pipe International Holdings filings provide 17 years of Gross Margin readings, the most recent being 31.45% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 228.0% to 31.45% in Q1 2026 year-over-year; TTM through Jan 2026 was 32.94%, a 67.0% decrease, with the full-year FY2026 number at 32.94%, down 68.0% from a year prior.
  • Gross Margin reached 31.45% in Q1 2026 per PPIH's latest filing, down from 34.35% in the prior quarter.
  • The five-year high for Gross Margin was 35.92% in Q3 2024, with the low at 22.58% in Q2 2022.
  • A 5-year average of 29.76% and a median of 29.95% in 2024 define the central range for Gross Margin.
  • Year-over-year, Gross Margin surged 1335bps in 2022 and then crashed -581bps in 2025.
  • Year by year, Gross Margin stood at 29.36% in 2022, then fell by -2bps to 28.86% in 2023, then increased by 17bps to 33.89% in 2024, then grew by 1bps to 34.35% in 2025, then decreased by -8bps to 31.45% in 2026.
  • Per Business Quant, the three most recent readings for PPIH's Gross Margin are 31.45% (Q1 2026), 34.35% (Q4 2025), and 30.11% (Q3 2025).