Perma-Pipe Reports Record Q4 and FY2025 Results with Net Sales Up 33% and Net Income Up 89%

Perma-Pipe International Holdings, Inc.

Net sales for FY2025 increased 33.1% to $210.9 million from $158.4 million prior year.
Net income attributable to common stock rose 88.9% to $17.0 million, or $2.09 per diluted share.
Backlog stood at $121.6 million as of January 31, 2026, reflecting strong conversion to revenue.
Company entered into a long-term lease for a new production facility in Ohio for AI data centers and finalized a new credit facility with J.P. Morgan Chase.
One-time charges of $2.0 million related to departure of previous CEO and $1.0 million for Sarbanes-Oxley compliance.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Perma-Pipe International Holdings, Inc. reported fiscal fourth quarter and 2025 fiscal year ended January 31, 2026 results: revenue $ 55.1 million for the quarter and $ 210.9 million for the full year, net income $ 4.9 million for the quarter and $ 17.0 million for the full year, EPS $0.60 for the quarter and $2.09 for the full year.

Period: fiscal fourth quarter and 2025 fiscal year ended January 31, 2026
Revenue: $ 55.1 million for the quarter and $ 210.9 million for the full year
Net income: $ 4.9 million for the quarter and $ 17.0 million for the full year
EPS: $0.60 for the quarter and $2.09 for the full year
Result: reported results

Exact text from the filing

Perma-Pipe International Holdings, Inc. Announces Record Fourth Quarter and Fiscal 2025 Results; Net Sales Increase 33% and Net Income Grows 89% • Net sales increased to $ 55.1 million for the quarter and $ 210.9 million for the full year, compared to $45.0 million and $158.4 million in the prior year periods, respectively • Income before income taxes increased

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Source: SEC EDGAR

accession 0001437749-26-012500

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