15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2026 | $211M | $17M | 32.9% | 14.0% | -$1M | $33M | $19M |
| 2025 | — | $17M | — | — | — | — | — |
| 2025 | $158M | $9M | 33.6% | 12.8% | $11M | $40M | $16M |
| 2024 | — | $9M | — | — | — | — | — |
| 2024 | $151M | $10M | 27.5% | 8.9% | $4M | $24M | $6M |
| 2023 | — | $10M | — | — | — | — | — |
| 2023 | $143M | $6M | 26.9% | 7.8% | -$8M | $24M | $6M |
| 2022 | $139M | $6M | 23.5% | 5.9% | -$5M | $22M | $8M |
| 2021 | $85M | -$8M | 13.2% | -13.4% | -$2M | $13M | $7M |
| 2020 | $128M | $4M | 22.8% | 3.8% | $2M | $17M | $13M |
| 2019 | $129M | -$550000 | 18.1% | 2.1% | $4M | $16M | $10M |
| 2018 | $105M | -$10M | 11.2% | -9.0% | -$4M | $16M | $7M |
| 2017 | — | -$12M | — | — | -$8M | $12M | $8M |
| 2016 | — | -$4M | — | — | -$9M | $15M | $17M |
| 2015 | — | -$181000 | — | — | -$2M | $19M | $10M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Apr '26 | $50M | $2M | 29.1% | 9.2% | $5M | $38M | $28M |
| Jan '26 | $55M | $5M | 31.4% | 12.6% | -$9M | $33M | $19M |
| Oct '25 | $61M | $6M | 34.4% | 18.6% | — | $42M | $27M |
| Jul '25 | $48M | $851000 | 30.1% | 6.7% | -$5M | $4M | $17M |
| Apr '25 | $47M | $5M | 35.8% | 16.9% | -$194000 | $4M | $19M |
| Jan '25 | $45M | $2M | 33.7% | 12.1% | $5M | $40M | $16M |
| Oct '24 | $42M | $2M | 33.9% | 13.4% | $5M | $9M | $13M |
| Jul '24 | $38M | $3M | 35.9% | 16.4% | $2M | $9M | $9M |
| Apr '24 | $34M | $1M | 30.6% | 9.1% | -$662000 | $4M | $8M |
| Jan '24 | $40M | $9M | 30.0% | 11.3% | $4M | $24M | $6M |
| Dec '23 | — | $9M | — | — | — | — | — |
| Oct '23 | $46M | $2M | 28.9% | 13.2% | $3M | $4M | $6M |
| Jul '23 | $35M | $1M | 26.9% | 7.7% | -$4M | $4M | $6M |
| Apr '23 | $30M | -$1M | 22.8% | 0.3% | $584000 | $4M | $9M |
| Jan '23 | $36M | $3M | 28.1% | 8.6% | $120000 | $24M | $6M |
| Oct '22 | $38M | $2M | 29.4% | 12.0% | $5M | $4M | $9M |
| Jul '22 | $37M | $2M | 26.7% | 9.0% | -$6M | $5M | $6M |
| Apr '22 | $31M | -$885000 | 22.6% | 0.5% | -$8M | $5M | $6M |
| Jan '22 | $39M | $3M | 24.7% | 8.4% | -$3M | $22M | $8M |
| Oct '21 | $35M | $495000 | 21.7% | 4.8% | $4M | $5M | $10M |
How the market has priced PPIH against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Perma-Pipe International Holdings, Inc.'s revenue has grown 20.0% per year. These are computed facts, not advice.
As of FY2026, Perma-Pipe International Holdings, Inc. reported $33M of total debt against $19M of cash; operating income covered interest expense 14×.
In FY2026, gross margin was 32.9%, operating margin 14.0%, and net margin 8.1%.
As of Jun '26, Perma-Pipe International Holdings, Inc. traded at a price-to-earnings ratio of about 13.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.