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 80.15% on a QoQ basis from $13.0 million in Q1 2026.

Perma-Pipe International Holdings (PPIH) Net Income (2010 - 2026) Analysis & Trends

Perma-Pipe International Holdings' Net Income history runs 17 years deep, the most recent figure standing at $2.6 million for Q2 2026.

  • On a quarterly basis, Net Income fell 55.76% year-over-year to $2.6 million in Q2 2026; TTM through Apr 2026 was $24.8 million, a 5.79% increase from a year earlier, with the FY2026 full-year figure at $28.1 million, up 44.81% from the prior year.
  • Net Income was $2.6 million for Q2 2026 at Perma-Pipe International Holdings, down from $13.0 million in the prior quarter.
  • Over the last five years, Net Income for PPIH reached as high as $18.3 million in Q1 2024 and fell as low as -$11.2 million in Q1 2023.
  • A 5-year average of $3.9 million and a median of $3.0 million in 2023 frame the typical range for Net Income.
  • The widest annual swing landed in 2022, when Net Income soared 350.24%; it then tumbled 276.93% in 2023.
  • Tracing PPIH's Net Income over 5 years: stood at $1.7 million in 2022, then surged by 94.68% to $3.4 million in 2023, then advanced by 2.65% to $3.5 million in 2024, then surged by 129.19% to $7.9 million in 2025, then plunged by 67.27% to $2.6 million in 2026.
  • According to Business Quant data, Net Income over the past three periods registered $2.6 million, $13.0 million, and $7.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn -10.00 Mn
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn -31.00 Mn
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn -1.00 Mn
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 117.20 Mn
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 228.00 Mn
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn -
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn -4.50 Mn
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 34.07 Mn
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 32.03 Mn
10 Perma-Pipe International Holdings 234.43 Mn 219.08 Mn 14.64 Mn 2.59 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 2.59 Mn
Jan 31, 2026 13.05 Mn
Oct 31, 2025 7.91 Mn
Jul 31, 2025 1.26 Mn
Apr 30, 2025 5.85 Mn
Jan 31, 2025 9.86 Mn
Oct 31, 2024 3.45 Mn
Jul 31, 2024 4.28 Mn
Apr 30, 2024 1.79 Mn
Jan 31, 2024 18.34 Mn
Oct 31, 2023 3.36 Mn
Jul 31, 2023 1.17 Mn
Apr 30, 2023 -1.12 Mn
Jan 31, 2023 -11.24 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