Perma-Pipe International Holdings Operating Expenses Growth & History (PPIH)
Perma-Pipe International Holdings's operating expenses was $40.0M for fiscal 2025.
View full Perma-Pipe International Holdings company overviewPerma-Pipe International Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-01-31 | $40.0M | $7.1M | +21.53% |
| 2024 | 2025-01-31 | $32.9M | $4.8M | +17.25% |
| 2023 | 2024-01-31 | $28.1M | $942,000 | +3.47% |
| 2022 | 2023-01-31 | $27.2M | $2.7M | +11.21% |
| 2021 | 2022-01-31 | $24.4M | $1.9M | +8.26% |
| 2020 | 2021-01-31 | $22.6M | −$1.6M | −6.66% |
| 2019 | 2020-01-31 | $24.2M | $3.6M | +17.33% |
| 2018 | 2019-01-31 | $20.6M | −$658,000 | −3.10% |
| 2017 | 2018-01-31 | $21.3M | −$2.0M | −8.78% |
| 2016 | 2017-01-31 | $23.3M | −$563,000 | −2.36% |
| 2015 | 2016-01-31 | $23.9M | −$1.1M | −4.27% |
| 2014 | 2015-01-31 | $24.9M | −$14.2M | −36.30% |
| 2013 | 2014-01-31 | $39.1M | $2.8M | +7.76% |
| 2012 | 2013-01-31 | $36.3M | −$5.1M | −12.25% |
| 2011 | 2012-01-31 | $41.4M | −$176,000 | −0.42% |
| 2010 | 2011-01-31 | $41.6M | — | — |
Perma-Pipe International Holdings quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-04-30 | $10.0M | $1.2M | +13.17% |
| Q4 2025 | 2026-01-31 | $10.4M | $634,000 | +6.51% |
| Q3 2025 | 2025-10-31 | $9.6M | $1.1M | +12.96% |
| Q2 2025 | 2025-07-31 | $11.2M | $3.9M | +53.25% |
| Q1 2025 | 2025-04-30 | $8.8M | $1.5M | +19.67% |
| Q4 2024 | 2025-01-31 | $9.7M | $2.3M | +30.07% |
| Q3 2024 | 2024-10-31 | $8.5M | $1.4M | +18.96% |
| Q2 2024 | 2024-07-31 | $7.3M | $559,000 | +8.25% |
| Q1 2024 | 2024-04-30 | $7.4M | $684,000 | +10.21% |
| Q4 2023 | 2024-01-31 | $7.5M | $369,000 | +5.19% |
| Q3 2023 | 2023-10-31 | $7.1M | $551,000 | +8.36% |
| Q2 2023 | 2023-07-31 | $6.8M | $212,000 | +3.23% |
| Q1 2023 | 2023-04-30 | $6.7M | −$190,000 | −2.76% |
| Q4 2022 | 2023-01-31 | $7.1M | $733,000 | +11.49% |
| Q3 2022 | 2022-10-31 | $6.6M | $656,000 | +11.05% |
| Q2 2022 | 2022-07-31 | $6.6M | −$94,000 | −1.41% |
| Q1 2022 | 2022-04-30 | $6.9M | $1.4M | +26.50% |
| Q4 2021 | 2022-01-31 | $6.4M | $1.3M | +25.49% |
| Q3 2021 | 2021-10-31 | $5.9M | $236,000 | +4.14% |
| Q2 2021 | 2021-07-31 | $6.7M | $836,000 | +14.37% |
| Q1 2021 | 2021-04-30 | $5.4M | −$505,000 | −8.49% |
| Q4 2020 | 2021-01-31 | $5.1M | −$1.2M | −18.56% |
| Q3 2020 | 2020-10-31 | $5.7M | −$288,000 | −4.81% |
| Q2 2020 | 2020-07-31 | $5.8M | −$411,000 | −6.60% |
| Q1 2020 | 2020-04-30 | $6.0M | $249,000 | +4.37% |
| Q4 2019 | 2020-01-31 | $6.2M | $1.8M | +41.05% |
| Q3 2019 | 2019-10-31 | $6.0M | $189,000 | +3.26% |
| Q2 2019 | 2019-07-31 | $6.2M | $985,000 | +18.78% |
| Q1 2019 | 2019-04-30 | $5.7M | $578,000 | +11.28% |
| Q4 2018 | 2019-01-31 | $4.4M | −$452,000 | −9.27% |
| Q3 2018 | 2018-10-31 | $5.8M | $190,000 | +3.39% |
| Q2 2018 | 2018-07-31 | $5.2M | $82,000 | +1.59% |
| Q1 2018 | 2018-04-30 | $5.1M | −$478,000 | −8.53% |
| Q4 2017 | 2018-01-31 | $4.9M | −$1.9M | −27.85% |
| Q3 2017 | 2017-10-31 | $5.6M | $739,000 | +15.17% |
| Q2 2017 | 2017-07-31 | $5.2M | −$7,000 | −0.14% |
| Q1 2017 | 2017-04-30 | $5.6M | −$895,000 | −13.78% |
| Q4 2016 | 2017-01-31 | $6.8M | $1.3M | +23.20% |
| Q3 2016 | 2016-10-31 | $4.9M | −$1.9M | −28.29% |
| Q2 2016 | 2016-07-31 | $5.2M | −$486,000 | −8.59% |
| Q1 2016 | 2016-04-30 | $6.5M | $572,000 | +9.65% |
| Q4 2015 | 2016-01-31 | $5.5M | — | — |
| Q3 2015 | 2015-10-31 | $6.8M | −$1.2M | −14.62% |
| Q2 2015 | 2015-07-31 | $5.7M | −$3.1M | −35.36% |
| Q1 2015 | 2015-04-30 | $5.9M | −$4.4M | −42.36% |
| Q3 2014 | 2014-10-31 | $8.0M | −$2.1M | −21.22% |
| Q2 2014 | 2014-07-31 | $8.8M | $89,000 | +1.03% |
| Q1 2014 | 2014-04-30 | $10.3M | $94,000 | +0.92% |
| Q4 2013 | 2014-01-31 | $10.2M | −$323,000 | −3.07% |
| Q3 2013 | 2013-10-31 | $10.1M | $1.6M | +18.95% |
| Q2 2013 | 2013-07-31 | $8.7M | $475,000 | +5.80% |
| Q1 2013 | 2013-04-30 | $10.2M | $1.1M | +11.58% |
| Q4 2012 | 2013-01-31 | $10.5M | −$94,000 | −0.89% |
| Q3 2012 | 2012-10-31 | $8.5M | −$1.7M | −16.75% |
| Q2 2012 | 2012-07-31 | $8.2M | −$2.5M | −23.47% |
| Q1 2012 | 2012-04-30 | $9.1M | −$757,000 | −7.66% |
| Q4 2011 | 2012-01-31 | $10.6M | — | — |
| Q3 2011 | 2011-10-31 | $10.2M | −$337,000 | −3.20% |
| Q2 2011 | 2011-07-31 | $10.7M | −$222,000 | −2.03% |
| Q1 2011 | 2011-04-30 | $9.9M | — | — |
| Q3 2010 | 2010-10-31 | $10.5M | — | — |
| Q2 2010 | 2010-07-31 | $10.9M | — | — |
Perma-Pipe International Holdings operating expenses trends
Over the last five fiscal years, Perma-Pipe International Holdings's operating expenses increased from $22.6M to $40.0M, a change of $17.5M. The latest reported quarter, Q1 2026, shows $10.0M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Perma-Pipe International Holdings source filings ↗