Perma-Pipe International Holdings (PPIH) Operating Expenses (2010 - 2026)

Perma-Pipe International Holdings (PPIH) has reported Operating Expenses for 17 consecutive years, with $10.0 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 13.17% year-over-year to $10.0 million; the trailing twelve-month figure through Apr 2026 stood at $41.2 million (up 19.78% YoY), and the FY2026 full-year result was $40.0 million, up 21.53% from the prior year.
• Operating Expenses slipped to $10.0 million in Q2 2026 per PPIH's latest filing, from $10.4 million in the prior quarter.
• Across five years, Operating Expenses topped out at $11.2 million in Q3 2025 and bottomed at $6.4 million in Q1 2022.
• Historically, Operating Expenses has averaged $8.0 million across 5 years, with a median of $7.4 million in 2024.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses retreated 2.76% in 2023, then surged 53.25% in 2025.
• Over 5 years, Operating Expenses stood at $6.6 million in 2022, then advanced by 8.36% to $7.1 million in 2023, then gained by 18.96% to $8.5 million in 2024, then grew by 12.96% to $9.6 million in 2025, then increased by 4.13% to $10.0 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $10.0 million, $10.4 million, and $9.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.