---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-012500"
form_type: "8-K"
ticker: "PPIH"
cik: "0000914122"
company_name: "Perma-Pipe International Holdings, Inc."
filed_at: "2026-04-16T23:59:59+00:00"
generated_at: "2026-05-15T05:59:53.504330+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-26-012500
- form_type: 8-K
- ticker: PPIH
- cik: 0000914122
- company_name: Perma-Pipe International Holdings, Inc.
- filed_at: 2026-04-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/914122/000143774926012500/0001437749-26-012500-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/914122/000143774926012500/ppih20251215_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-012500
- JSON: https://secwatch.observer/filing/0001437749-26-012500.json
- Plain text: https://secwatch.observer/filing/0001437749-26-012500.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/914122/000143774926012500/0001437749-26-012500-index.htm

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