Revenue
$210.92M
Fiscal year ended 2026-01-31Operating income
$29.45M
Fiscal year ended 2026-01-31Free cash flow
-$1.27M
Fiscal year ended 2026-01-31Perma-Pipe International Holdings, Inc. (PPIH) reported revenue of $210.92M and net income of $17.04M for the fiscal year ended 2026-01-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Perma-Pipe International Holdings, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Industrial & Commercial Fans & Blowers & Air Purifing Equip.
Income
| Metric | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $210.92M | $158.38M | $150.67M | $142.57M | $138.55M | $84.69M | $127.66M | $128.96M | $105.25M | $98.84M |
| Cost of revenue | $141.44M | $105.14M | $109.21M | $104.27M | $106.02M | $73.52M | $98.62M | $105.65M | $93.51M | $87.13M |
| Gross profit | $69.49M | $53.25M | $41.46M | $38.30M | $32.53M | $11.18M | $29.05M | $23.32M | $11.74M | $11.72M |
| Operating income | $29.45M | $20.30M | $13.36M | $11.14M | $8.11M | -$11.38M | $4.88M | $2.72M | -$9.51M | -$11.58M |
| Net income | $17.04M | $8.98M | $10.47M | $5.94M | $6.06M | -$7.64M | $3.58M | -$550.00K | -$9.98M | -$12.47M |
| Research & development | Unavailable | $100.00K | $500.00K | $600.00K | $400.00K | $300.00K | $300.00K | $200.00K | $300.00K | $200.00K |
| Weighted-average diluted shares | shares 8.15M | shares 8.02M | shares 8.07M | shares 8.12M | shares 8.40M | shares 8.13M | shares 8.42M | shares 7.81M | shares 7.68M | shares 7.49M |
| Pretax income | $27.49M | $18.47M | $9.89M | $9.56M | $8.33M | -$7.78M | $5.04M | $1.60M | -$10.21M | -$13.77M |
| Income tax expense | $6.84M | $5.38M | -$3.32M | $3.61M | $2.26M | -$133.00K | $1.46M | $2.15M | -$233.00K | -$611.00K |
| Diluted EPS | $2.09 | $1.12 | $1.30 | $0.73 | $0.72 | $-0.94 | $0.42 | $-0.07 | Unavailable | Unavailable |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $35.29M | $28.00M | $22.59M | $21.99M | $19.89M | $17.22M | $18.93M | $15.36M | $16.21M | $17.58M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $18.72M | $15.72M | $5.84M | $5.77M | $8.21M | $7.17M | $13.37M | $10.16M | $7.08M | $7.60M |
| Total assets | $217.49M | $165.24M | $155.71M | $122.97M | $123.40M | $102.69M | $112.22M | $102.20M | $104.58M | $101.61M |
| Current assets | $146.73M | $108.80M | $98.82M | $85.66M | $78.39M | $53.88M | $64.26M | $62.96M | $62.32M | $57.82M |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $79.79M | $54.06M | $57.74M | $43.79M | $38.40M | $28.25M | $32.84M | $37.09M | $39.18M | $28.00M |
| Total equity incl. NCI | $90.64M | $72.14M | $65.71M | $57.78M | $54.46M | $49.31M | $55.63M | $51.70M | $51.17M | $59.41M |
| Temporary (mezzanine) equity | $15.66M | $10.97M | $6.27M | $0 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $18.12M | $16.62M | $15.54M | $14.74M | $13.76M | $12.16M | $14.50M | $12.29M | $16.86M | $13.56M |
| Accounts receivable | $66.02M | $43.15M | $46.65M | $42.01M | $44.45M | $25.23M | $29.40M | $32.51M | $32.94M | $31.27M |
| Goodwill | $2.19M | $2.06M | $2.22M | $2.23M | $2.34M | $2.33M | $2.25M | $2.27M | $2.42M | $2.28M |
| Long-term debt | $12.70M | $3.67M | $15.21M | $4.39M | $5.06M | $6.27M | $6.72M | $6.75M | $7.73M | $7.26M |
| Accounts payable | $24.54M | $23.69M | $25.32M | $14.75M | $13.62M | $10.36M | $9.58M | $12.01M | $14.19M | $10.90M |
Cash flow
| Metric | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $9.17M | $13.93M | $14.73M | -$1.24M | -$2.57M | $165.00K | $4.09M | $4.98M | -$1.84M | -$5.46M |
| Capital expenditures | $10.44M | $2.88M | $11.11M | $6.98M | $2.26M | $1.96M | $1.90M | $1.36M | $2.53M | $2.26M |
| Investing cash flow | -$10.42M | -$2.85M | -$11.10M | -$6.38M | -$2.25M | -$1.96M | -$1.90M | -$1.36M | -$2.39M | $10.22M |
| Financing cash flow | $6.59M | -$907.00K | -$3.26M | $4.54M | $6.23M | -$4.14M | -$301.00K | $1.13M | $3.46M | -$14.94M |
| Net change in cash | $5.18M | $9.88M | $447.00K | -$2.98M | $1.40M | -$6.28M | $1.92M | $4.42M | -$380.00K | -$10.25M |
| Stock-based compensation | $2.54M | $860.00K | $913.00K | $1.00M | $1.10M | $1.04M | $1.01M | $1.16M | $1.45M | $1.45M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | $0 | $942.00K | $69.00K | $1.99M | $0 | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $4.91M | $3.63M | $3.83M | $3.65M | $4.32M | $4.74M | $4.44M | $4.58M | $5.03M | $5.52M |
Derived
| Metric | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 | 2018-01-31 | 2017-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$1.27M | $11.05M | $3.62M | -$8.22M | -$4.84M | -$1.80M | $2.19M | $3.62M | -$4.37M | -$7.71M |
| Gross margin | 32.9% | 33.6% | 27.5% | 26.9% | 23.5% | 13.2% | 22.8% | 18.1% | 11.2% | 11.9% |
| Operating margin | 14.0% | 12.8% | 8.9% | 7.8% | 5.9% | -13.4% | 3.8% | 2.1% | -9.0% | -11.7% |
| FCF margin | -0.6% | 7.0% | 2.4% | -5.8% | -3.5% | -2.1% | 1.7% | 2.8% | -4.2% | -7.8% |
| SBC / revenue | 1.2% | 0.5% | 0.6% | 0.7% | 0.8% | 1.2% | 0.8% | 0.9% | 1.4% | 1.5% |
| Current ratio | 1.84x | 2.01x | 1.71x | 1.96x | 2.04x | 1.91x | 1.96x | 1.70x | 1.59x | 2.07x |
| Revenue YoY growth | 33.2% | 5.1% | 5.7% | 2.9% | 63.6% | -33.7% | -1.0% | 22.5% | 6.5% | Unavailable |
| Net margin | 8.1% | 5.7% | 6.9% | 4.2% | 4.4% | -9.0% | 2.8% | -0.4% | -9.5% | -12.6% |
| R&D / revenue | Unavailable | Unavailable | 0.3% | 0.4% | 0.3% | 0.4% | 0.2% | 0.2% | 0.3% | 0.2% |
| CapEx / revenue | 4.9% | 1.8% | 7.4% | 4.9% | 1.6% | 2.3% | 1.5% | 1.1% | 2.4% | 2.3% |
| Long-term debt / equity | 0.14x | Unavailable | 0.23x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 24.9% | 29.1% | -33.6% | 37.8% | 27.2% | Unavailable | 29.0% | 134.4% | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open PPIH in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-09-09View SEC filing
10-Q · Filed 2026-06-09View SEC filing
10-K · Filed 2026-04-16View SEC filing
10-Q · Filed 2025-12-12View SEC filing
10-Q · Filed 2025-09-15View SEC filing
10-Q · Filed 2025-06-13View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.