Perma-Pipe International Holdings (PPIH) Operating Leases (2019 - 2026)

Perma-Pipe International Holdings (PPIH) has reported Operating Leases for 8 consecutive years, with $15.1 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Leases rose 87.0% year-over-year to $15.1 million; the trailing twelve-month figure through Apr 2026 stood at $15.1 million (up 87.0% YoY), and the FY2026 full-year result was $12.1 million, up 57.2% from the prior year.
• Operating Leases improved to $15.1 million in Q2 2026 per PPIH's latest filing, from $12.1 million in the prior quarter.
• Across five years, Operating Leases topped out at $15.1 million in Q2 2026 and bottomed at $4.2 million in Q2 2023.
• Historically, Operating Leases has averaged $8.0 million across 5 years, with a median of $7.0 million in 2022.
• The sharpest annual moves came in 2023 and 2026: Operating Leases sank 62.27% in 2023, then surged 87.0% in 2026.
• Over 5 years, Operating Leases stood at $6.4 million in 2022, then dropped by 3.82% to $6.1 million in 2023, then rose by 15.64% to $7.1 million in 2024, then surged by 58.7% to $11.3 million in 2025, then jumped by 34.26% to $15.1 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $15.1 million, $12.1 million, and $11.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.