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

Perma-Pipe International Holdings (PPIH) has reported Operating Income for 17 consecutive years, with $4.6 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Income fell 41.22% year-over-year to $4.6 million; the trailing twelve-month figure through Apr 2026 stood at $26.2 million (up 4.56% YoY), and the FY2026 full-year result was $29.4 million, up 45.06% from the prior year.
• Operating Income fell to $4.6 million in Q2 2026 per PPIH's latest filing, from $7.0 million in the prior quarter.
• Across five years, Operating Income topped out at $11.4 million in Q4 2025 and bottomed at $75000.0 in Q2 2023.
• Historically, Operating Income has averaged $4.6 million across 5 years, with a median of $4.5 million in 2022.
• The sharpest annual moves came in 2023 and 2024: Operating Income tumbled 53.12% in 2023, then surged 4078.67% in 2024.
• Over 5 years, Operating Income stood at $4.5 million in 2022, then jumped by 33.13% to $6.0 million in 2023, then decreased by 7.5% to $5.6 million in 2024, then jumped by 104.14% to $11.4 million in 2025, then tumbled by 59.34% to $4.6 million in 2026.
• According to Business Quant data, Operating Income over the past three periods registered $4.6 million, $7.0 million, and $11.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.