Perma-Pipe International Holdings (PPIH) Net Income (2010 - 2026)
Perma-Pipe International Holdings' (PPIH) quarterly Net Income came in at $2.6 million in Q2 2026, down 55.76% YoY from $5.9 million in Q2 2025, and down 86.88% on a QoQ basis from $19.7 million in Q1 2026.
Perma-Pipe International Holdings (PPIH) Net Income (2010 - 2026) Analysis & Trends
Perma-Pipe International Holdings (PPIH) has 17 years of Net Income data on file, last reported at $2.6 million in Q2 2026.
- Quarterly Net Income fell 55.76% year-over-year to $2.6 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $31.5 million (up 67.87% YoY) and the FY2026 annual result came in at $34.8 million, up 136.46% from the prior year.
- Net Income declined to $2.6 million in Q2 2026, from $19.7 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $19.7 million in Q1 2026 to a low of -$1.1 million in Q2 2023.
- A 5-year average of $4.6 million and a median of $3.2 million in 2022 frame the typical range for Net Income.
- Annual changes were most pronounced in 2022 — Net Income soared 388.44% — and 2025, when it sank 70.54%.
- Tracing PPIH's Net Income over 5 years: stood at $1.7 million in 2022, then soared by 94.68% to $3.4 million in 2023, then climbed by 2.65% to $3.5 million in 2024, then soared by 129.19% to $7.9 million in 2025, then tumbled by 67.27% to $2.6 million in 2026.
- The last three Net Income figures came in at $2.6 million (Q2 2026), $19.7 million (Q1 2026), and $7.9 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.51 Bn | 99.19 Bn | 2.26 Bn | 935.30 Mn |
| 2 | Johnson Controls International | 87.73 Bn | 87.09 Bn | 2.47 Bn | 752.00 Mn |
| 3 | Carrier Global | 50.30 Bn | 48.95 Bn | 1.94 Bn | 541.00 Mn |
| 4 | Carlisle Companies | 14.73 Bn | 14.06 Bn | 568.40 Mn | 255.20 Mn |
| 5 | Masco | 14.64 Bn | 14.09 Bn | 868.00 Mn | 333.00 Mn |
| 6 | Lennox International | 14.10 Bn | 14.05 Bn | 539.50 Mn | 269.00 Mn |
| 7 | Owens Corning | 11.93 Bn | 11.66 Bn | 793.00 Mn | 227.00 Mn |
| 8 | Advanced Drainage Systems | 10.98 Bn | 10.82 Bn | 408.05 Mn | 169.62 Mn |
| 9 | SPX Technologies | 10.26 Bn | 10.09 Bn | 272.80 Mn | 78.40 Mn |
| 10 | Perma-Pipe International Holdings | 225.17 Mn | 193.33 Mn | 14.64 Mn | 2.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 2.59 Mn |
| Jan 31, 2026 | 19.75 Mn |
| Oct 31, 2025 | 7.91 Mn |
| Jul 31, 2025 | 1.26 Mn |
| Apr 30, 2025 | 5.85 Mn |
| Jan 31, 2025 | 5.18 Mn |
| Oct 31, 2024 | 3.45 Mn |
| Jul 31, 2024 | 4.28 Mn |
| Apr 30, 2024 | 1.79 Mn |
| Jan 31, 2024 | 14.86 Mn |
| Oct 31, 2023 | 3.36 Mn |
| Jul 31, 2023 | 1.17 Mn |
| Apr 30, 2023 | -1.12 Mn |
| Jan 31, 2023 | 6.74 Mn |
| Oct 31, 2022 | 1.73 Mn |
| Jul 31, 2022 | 1.87 Mn |
| Apr 30, 2022 | -885,000.00 |
| Jan 31, 2022 | 2.99 Mn |
| Oct 31, 2021 | 495,000.00 |
| Jul 31, 2021 | 3.42 Mn |