Perma-Pipe International Holdings (PPIH) Operating Income (2010 - 2026)
Perma-Pipe International Holdings (PPIH) recorded Operating Income of $4.25 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 33.4% from $3.19 million a year earlier but down 8.3% from the prior quarter.
Perma-Pipe International Holdings (PPIH) Operating Income (2010 - 2026) Analysis & Trends
On a TTM basis, Perma-Pipe International Holdings' Operating Income came in at $27.26 million as of Jul 31, 2026, up 23.4% year-over-year; for FY2026 (ended Jan 31, 2026), it was $29.45 million, up 45.1% from FY2025.
- Annual Operating Income has increased for four straight fiscal years.
- Across earlier fiscal years, Operating Income came in at $20.3 million in FY2025 (+52.0%), $13.36 million in FY2024 (+19.9%), $11.14 million in FY2023 (+37.4%) and $8.11 million in FY2022.
- Quarterly Operating Income has ranged from $75,000 in fiscal Q1 2024 to $11.4 million in fiscal Q3 2026 over the past five years.
- On a year-over-year basis, Operating Income rose in five of the last eight quarters, with growth averaging 30.0%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 168.2% in fiscal Q3 2023, against a decline of 53.1% in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $4.64 million (Q1 2027), $6.97 million (Q4 2026) and $11.4 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 4.30 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 2.58 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 1.86 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 1.39 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 1.37 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 637.90 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 1.31 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 984.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 1.15 Bn |
| 10 | Perma-Pipe International Holdings | 252.08 Mn | 163.56 Mn | 17.41 Mn | 4.25 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 4.25 Mn |
| Apr 30, 2026 | 4.64 Mn |
| Jan 31, 2026 | 6.97 Mn |
| Oct 31, 2025 | 11.40 Mn |
| Jul 31, 2025 | 3.19 Mn |
| Apr 30, 2025 | 7.89 Mn |
| Jan 31, 2025 | 5.44 Mn |
| Oct 31, 2024 | 5.59 Mn |
| Jul 31, 2024 | 6.14 Mn |
| Apr 30, 2024 | 3.13 Mn |
| Jan 31, 2024 | 4.55 Mn |
| Oct 31, 2023 | 6.04 Mn |
| Jul 31, 2023 | 2.69 Mn |
| Apr 30, 2023 | 75,000.00 |
| Jan 31, 2023 | 3.12 Mn |
| Oct 31, 2022 | 4.54 Mn |
| Jul 31, 2022 | 3.33 Mn |
| Apr 30, 2022 | 160,000.00 |
| Jan 31, 2022 | 3.27 Mn |
| Oct 31, 2021 | 1.69 Mn |
Perma-Pipe International Holdings Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=PPIH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "PPIH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=PPIH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();