Perma-pipe International Holdings, Inc. income statement

In fiscal 2026, Perma-pipe International Holdings, Inc. reported revenue of $211m, up 33.2% on the year before, operating income of $29.4m (a 14.0% margin) and net income of $17.0m, or $2.09 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Perma-pipe International Holdings, Inc.: income statement, annual
Fiscal year	2011Jan 2011	2012Jan 2012	2013Jan 2013	2014Jan 2014	2015Jan 2015	2016Jan 2016	2017Jan 2017	2018Jan 2018	2019Jan 2019	2020Jan 2020	2021Jan 2021	2022Jan 2022	2023Jan 2023	2024Jan 2024	2025Jan 2025	2026Jan 2026	LTMJul 2026
Revenue	219	233	169	227	127	123	99	105	129	128	85	139	143	151	158	211	226
Cost of revenue	—	—	—	—	—	—	—	94	106	99	74	106	104	109	105	141	156
Gross profit	44	36	27	52	31	27	12	12	23	29	11	33	38	41	53	69	70
Research and development	—	—	2	1	1	1	0	0	0	0	0	0	1	1	0	—	—
General and administrative	28	26	26	28	19	19	18	16	15	19	17	20	22	23	28	35	38
Operating income	3	−5	−9	13	6	3	−12	−10	3	5	−11	8	11	13	20	29	27
Interest expense	2	2	2	2	1	1	1	1	1	1	1	1	2	2	2	2	—
Net interest income	−1	−1	−1	−1	−1	−0	−1	−1	−1	−1	−0	−1	−2	−2	−2	−2	−2
Income before tax	3	−5	−9	12	7	3	−14	−10	2	5	−8	8	10	10	18	27	25
Income tax	−2	0	12	−0	3	1	−1	−0	2	1	−0	2	4	−3	5	7	6
Net income	4	−5	−18	21	−0	−4	−12	−10	−1	4	−8	6	6	10	9	17	16
Diluted EPS	—	−$0.72	−$2.67	$2.96	−$0.04	−$0.61	−$1.67	−$1.30	−$0.07	$0.42	−$0.94	$0.72	$0.73	$1.30	$1.12	$2.09	$1.90
Diluted shares (average)	7m	7m	7m	7m	7m	7m	7m	8m	8m	8m	8m	8m	8m	8m	8m	8m	8m
EBITDA	9	1	−3	19	12	9	−6	−4	7	9	−7	12	15	17	24	34	34

US$ millions unless shown otherwise. Fiscal quarters.

Perma-pipe International Holdings, Inc.: income statement, quarterly
Quarter	2025 Q3Oct 2024	2025 Q4Jan 2025	2026 Q1Apr 2025	2026 Q2Jul 2025	2026 Q3Oct 2025	2026 Q4Jan 2026	2027 Q1Apr 2026	2027 Q2Jul 2026
Revenue	42	45	47	48	61	55	50	60
Cost of revenue	27	30	30	33	40	38	36	42
Gross profit	14	15	17	14	21	17	15	17
General and administrative	7	9	8	10	8	9	9	12
Operating income	6	5	8	3	11	7	5	4
Net interest income	−0	−0	−0	−0	−0	−1	−1	−1
Income before tax	5	5	7	3	11	6	4	4
Income tax	2	2	2	1	3	1	1	1
Net income	2	2	5	1	6	5	2	3
Diluted EPS	$0.31	$0.22	$0.61	$0.10	$0.77	$0.60	$0.22	$0.31
EBITDA	7	6	9	4	12	9	6	6

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Perma-pipe International Holdings, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Perma-pipe International Holdings, Inc.