Perma-Pipe International Holdings (PPIH) Net Income (2010 - 2026)
Perma-Pipe International Holdings posted quarterly Net Income of -$29.3 million for Q1 2026, down 63.09% year-on-year from -$79.4 million in Q1 2025, and down 470.28% on a QoQ basis from $7.9 million in Q4 2025.
Perma-Pipe International Holdings (PPIH) has 17 years of Net Income data on file, last reported at -$29.3 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income fell 63.09% year-over-year to -$29.3 million; the trailing twelve-month figure through Jan 2026 stood at -$14.3 million (down 69.1% YoY), and the FY2026 full-year result was -$14.3 million, down 69.07% from the prior year.
- Net Income for Q1 2026 stood at -$29.3 million, down from $7.9 million in the prior quarter.
- Across five years, Net Income topped out at $9.1 million in Q1 2023 and bottomed at -$29.3 million in Q1 2026.
- The 5-year median for Net Income is $1.8 million (2024), against an average of -$574588.2.
- The widest annual swing landed in 2022, when Net Income jumped 298.04%; it then plunged 194.81% in 2024.
- A 5-year view of Net Income shows it stood at $1.7 million in 2022, then jumped by 94.68% to $3.4 million in 2023, then grew by 2.65% to $3.5 million in 2024, then jumped by 129.19% to $7.9 million in 2025, then plunged by 470.28% to -$29.3 million in 2026.
- The last three Net Income figures came in at -$29.3 million (Q1 2026), $7.9 million (Q4 2025), and $1.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | -10.00 Mn |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | -31.00 Mn |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | -1.00 Mn |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 117.20 Mn |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 228.00 Mn |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | - |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 32.03 Mn |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | -4.50 Mn |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 34.07 Mn |
| 10 | Perma-Pipe International Holdings | 251.39 Mn | 244.76 Mn | 17.34 Mn | -29.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -29.30 Mn |
| Oct 31, 2025 | 7.91 Mn |
| Jul 31, 2025 | 1.26 Mn |
| Apr 30, 2025 | 5.85 Mn |
| Jan 31, 2025 | -17.97 Mn |
| Oct 31, 2024 | 3.45 Mn |
| Jul 31, 2024 | 4.28 Mn |
| Apr 30, 2024 | 1.79 Mn |
| Jan 31, 2024 | -8.63 Mn |
| Oct 31, 2023 | 3.36 Mn |
| Jul 31, 2023 | 1.17 Mn |
| Apr 30, 2023 | -1.12 Mn |
| Jan 31, 2023 | 9.11 Mn |
| Oct 31, 2022 | 1.73 Mn |
| Jul 31, 2022 | 1.87 Mn |
| Apr 30, 2022 | -885,000.00 |
| Jan 31, 2022 | 6.35 Mn |
| Oct 31, 2021 | 495,000.00 |
| Jul 31, 2021 | 3.42 Mn |
| Apr 30, 2021 | -843,000.00 |
| Jan 31, 2021 | -3.21 Mn |
| Oct 31, 2020 | -2.85 Mn |
| Jul 31, 2020 | 267,000.00 |
| Apr 30, 2020 | -2.52 Mn |
| Jan 31, 2020 | 1.10 Mn |
| Oct 31, 2019 | -145,000.00 |
| Jul 31, 2019 | 3.72 Mn |
| Apr 30, 2019 | -1.50 Mn |
| Jan 31, 2019 | 3.52 Mn |
| Oct 31, 2018 | -132,000.00 |
| Jul 31, 2018 | -275,000.00 |
| Apr 30, 2018 | -1.12 Mn |
| Jan 31, 2017 | -218,000.00 |
| Oct 31, 2016 | -203,000.00 |
| Jul 31, 2016 | 1.31 Mn |
| Apr 30, 2016 | -200,000.00 |
| Jan 31, 2016 | -4.27 Mn |
| Oct 31, 2015 | -344,000.00 |
| Jul 31, 2015 | -123,000.00 |
| Apr 30, 2015 | -1.30 Mn |
| Jan 31, 2015 | -4.20 Mn |
| Oct 31, 2014 | 265,000.00 |
| Jul 31, 2014 | -111,000.00 |
| Apr 30, 2014 | -371,000.00 |
| Jan 31, 2014 | -1.28 Mn |
| Oct 31, 2013 | 226,000.00 |
| Jul 31, 2013 | -85,000.00 |
| Apr 30, 2013 | 9.37 Mn |
| Jan 31, 2013 | 1.44 Mn |
| Oct 31, 2012 | 326,000.00 |
| Jul 31, 2012 | -120,000.00 |
| Apr 30, 2012 | 541,000.00 |
| Jan 31, 2012 | -2.32 Mn |
| Oct 31, 2011 | 686,000.00 |
| Jul 31, 2011 | -1.84 Mn |
| Apr 30, 2011 | -1.49 Mn |
| Jan 31, 2011 | -1.59 Mn |
| Oct 31, 2010 | 3.57 Mn |
| Jul 31, 2010 | 2.88 Mn |