Perma-Pipe International Holdings (PPIH) Gross Profit (2010 - 2026)
Perma-Pipe International Holdings' (PPIH) quarterly Gross Profit came in at $14.6 million in Q2 2026, down 12.49% YoY from $16.7 million in Q2 2025, and down 15.58% on a QoQ basis from $17.3 million in Q1 2026.
Perma-Pipe International Holdings (PPIH) Gross Profit (2010 - 2026) Analysis & Trends
Perma-Pipe International Holdings (PPIH) has 17 years of Gross Profit data on file, last reported at $14.6 million in Q2 2026.
- Quarterly Gross Profit fell 12.49% year-over-year to $14.6 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $67.4 million (up 13.36% YoY) and the FY2026 annual result came in at $69.5 million, up 30.5% from the prior year.
- Gross Profit declined to $14.6 million in Q2 2026, from $17.3 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $21.0 million in Q4 2025 to a low of $6.8 million in Q2 2023.
- A 5-year average of $12.6 million and a median of $12.6 million in 2023 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2022 — Gross Profit jumped 300.54% — and 2026, when it declined 12.49%.
- Tracing PPIH's Gross Profit over 5 years: stood at $11.1 million in 2022, then grew by 18.45% to $13.2 million in 2023, then gained by 6.84% to $14.1 million in 2024, then jumped by 49.12% to $21.0 million in 2025, then sank by 30.32% to $14.6 million in 2026.
- The last three Gross Profit figures came in at $14.6 million (Q2 2026), $17.3 million (Q1 2026), and $21.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn |
| 10 | Perma-Pipe International Holdings | 217.53 Mn | 185.69 Mn | 14.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 14.64 Mn |
| Apr 30, 2026 | 14.64 Mn |
| Jan 31, 2026 | 17.34 Mn |
| Jan 31, 2026 | 17.34 Mn |
| Oct 31, 2025 | 21.01 Mn |
| Oct 31, 2025 | 21.01 Mn |
| Jul 31, 2025 | 14.42 Mn |
| Jul 31, 2025 | 14.42 Mn |
| Apr 30, 2025 | 16.72 Mn |
| Apr 30, 2025 | 16.72 Mn |
| Jan 31, 2025 | 15.17 Mn |
| Jan 31, 2025 | 15.17 Mn |
| Oct 31, 2024 | 14.09 Mn |
| Oct 31, 2024 | 14.09 Mn |
| Jul 31, 2024 | 13.47 Mn |
| Jul 31, 2024 | 13.47 Mn |
| Apr 30, 2024 | 10.52 Mn |
| Apr 30, 2024 | 10.52 Mn |
| Jan 31, 2024 | 12.03 Mn |
| Jan 31, 2024 | 12.03 Mn |