---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-021945"
form_type: "8-K"
ticker: "PPIH"
cik: "0000914122"
company_name: "Perma-Pipe International Holdings, Inc."
filed_at: "2022-09-07T23:59:59+00:00"
generated_at: "2026-06-23T14:52:30.757632+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Perma-Pipe Q2 sales $37M, ops income $2.8M; backlog rises to $58M

## Summary
- Net sales $37.0M in Q2 2022 vs $39.8M in Q2 2021, down 7% due to project timing.
- Income from operations $2.8M vs $4.3M; net income reduced by 62% effective tax rate.
- Backlog surged to $58.0M at July 31, 2022 from $39.3M at Jan 31, 2022 (+48%).
- CEO cites cyclical timing; full-year revenue outlook positive; Canadian oil & gas recovery continuing.
- Year-to-date revenues and gross profit marginally up; excluding COVID subsidies and sale-leaseback, ops income +7%.

## SEC filing metadata
- accession: 0001437749-22-021945
- form_type: 8-K
- ticker: PPIH
- cik: 0000914122
- company_name: Perma-Pipe International Holdings, Inc.
- filed_at: 2022-09-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/914122/000143774922021945/0001437749-22-021945-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/914122/000143774922021945/ppih20220610_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-021945
- JSON: https://secwatch.observer/filing/0001437749-22-021945.json
- Plain text: https://secwatch.observer/filing/0001437749-22-021945.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.