earnings
confidence high
sentiment positive
materiality 0.85
Perma-Pipe Q3 net sales $61.1M (+46.9% YoY), EPS $0.77, backlog $148.9M
Perma-Pipe International Holdings, Inc.
2026-Q3 EPS reported
$1.49
revenue$155,796,000
- Net sales $61.1M, up 46.9% YoY driven by Middle East and North America volumes.
- GAAP diluted EPS $0.77 vs $0.31 in Q3 fiscal 2024; net income $6.3M (+152% YoY).
- Year-to-date net sales $155.8M (+37.4%), net income $12.1M (+68.1%), EPS $1.49.
- Backlog of $148.9M at Oct 31, 2025, up 7.8% from Jan 31, 2025, driven by strong demand across regions.
- Record earnings since transition from MFRI in 2017; includes ~$2M CEO departure charge and SOX compliance costs.
item 2.02item 9.01