Perma-Pipe International Holdings, Inc.
For the period ended Jan 31, 2026. Filed Apr 16, 2026.
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FY2026 · Filed Apr 16, 2026
PPIH$29.65+4.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In thousands, except per share data)
| Year ended January 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Net sales | $210,925 | $158,384 |
| Cost of sales | 141,437 | 105,136 |
| Gross profit | 69,488 | 53,248 |
| Operating expenses | ||
| General and administrative expenses | 35,293 | 28,000 |
| Selling expense | 4,746 | 4,947 |
| Total operating expenses | 40,039 | 32,947 |
| Income from operations | 29,449 | 20,301 |
| Interest expense, net | 1,822 | 1,940 |
| Other (expense) income, net | (134) | 107 |
| Income before income tax | 27,493 | 18,468 |
| Income tax expense | 6,844 | 5,377 |
| Net income | 20,649 | 13,091 |
| Less: Net income attributable to non-controlling interest | 3,614 | 4,108 |
| Net income attributable to common stock | $17,035 | $8,983 |
| Weighted average common shares outstanding | ||
| Basic | 8,047 | 7,956 |
| Diluted | 8,148 | 8,015 |
| Earnings per share attributable to common stock | ||
| Basic | $2.12 | $1.13 |
| Diluted | $2.09 | $1.12 |
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